₹ 65.7372
NAV
0.7%
Change
₹ 65.7372
NAV (Jan 2)
Last 1Y | - |
Last 3Y | - |
Last 5Y | - |
Last 10Y | - |
Since Inception | -3.2% |
6 Month CAGR | - |
The scheme seeks to generate long-term capital growth by investing in securities of the Nifty India Defence in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty India Defence Index, subject to tracking errors.
Expense Ratio | 0.4326% |
Launched (<1Y) | 2024-10-08 |
AUM in Crores | 76.2 |
ISIN | INF666M01IO8 |
Lock-in | No Lock-in |
Benchmark | Nifty India Defence Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Fund Name | Till Date CAGR | |
---|---|---|
5% | 5.9% | |
5.7% | 6.5% | |
6% | 7.6% | |
4.7% | 6.3% | |
14.5% | 13.5% |
Fund Name | Till Date CAGR | |
---|---|---|
15.9% | 6.7% | |
15.6% | 9.8% | |
6.5% | 7.5% | |
6.5% | 5.9% | |
5.7% | 5.4% |
Groww Nifty India Defence ETF (G) is an Exchange Traded Fund which is benchmarked to . Groww Nifty India Defence ETF (G) is managed by the Groww Mutual Fund with the fund manager being Abhishek Jain. The Groww Nifty India Defence ETF (G) was launched on 2024-10-08 with no lock-in period. Since its inception, the fund has delivered -3.196% as a return on investment.
As on 2 Jan, 2025 the NAV of the fund is Rs 65.74 and the AUM is Rs 76.23 crores. The fund charges an expense ratio of 0.4326% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.
Since the scheme is benchmarked to , the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The Groww Nifty India Defence ETF (G) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.
Scripbox provides a unique feature through which you can compare the performance of Groww Nifty India Defence ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.