• ETF
  • Groww Nifty India Defence ETF (G)
Groww Nifty India Defence ETF (G)

Groww Nifty India Defence ETF (G)

EquityIndex Funds 
  • 65.7372

    NAV

  • 0.7%

    Change

Groww Nifty India Defence ETF (G) NAV

65.7372

NAV (Jan 2)

Groww Nifty India Defence ETF (G) returns

Last 1Y
-
Last 3Y
-
Last 5Y
-
Last 10Y
-
Since Inception
-3.2%
6 Month CAGR
-
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Groww Nifty India Defence ETF (G) Information

Investment Objective

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 Managers

user-avatar

Abhishek Jain

Fund Manager

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Asset allocation and Holdings

Last updated on 2024-11-29

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Groww Nifty India Defence ETF (G) Review

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.