| Mutual Fund | Groww Mutual Fund |
| Scheme Name | Groww Nifty Private Bank ETF |
| Objective of Scheme | The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty Private Bank Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty Private Bank Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved. |
| Scheme Type | Open Ended |
| Scheme Category | Other Scheme - Other ETFs |
| New Fund Launch Date | 06 May 2026 |
| New Fund Earliest Closure Date | 20 May 2026 |
| New Fund Offer Closure Date | 20 May 2026 |
| Load | Nil |
| Minimum Subscription Amount | Rs 500 and in multiples of Re. 1 thereafter |
The investment objective of the scheme is to generate long-term capital growth by investing in securities of the Nifty Private Bank Index in the same proportion/weightage, with an aim to provide returns before expenses that track the total return of the index, subject to tracking errors. However, there is no assurance or guarantee that the investment objective will be achieved.
Invest in the Groww Nifty Private Bank ETF NFO and gain exposure to leading private banking companies through a smart and diversified investment option. This NFO offers an opportunity to participate in the growth potential of India’s private banking sector with the convenience of an ETF investment.
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