Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth

Equity
Index
₹10.3248
current NAV
1Y
3Y
5Y
ALL
NAV: 13 Jun 2024
₹10.32
Fund size
NA

Expense ratio, exit load and tax

Expense ratio: 0.40%

Inclusive of GST

Exit load

* 1% is payable if units are redeemed/switched-out within 30 days from the date of allotment

Stamp duty on investment: 0.005%

from July 1st 2020

Understand terms

Fund management

Abhishek Jain
May 2023 - Present
View details

About
Mr Abhishek Jain has 12 years of experience in Equity Market. Prior to joining GMF he was associated with Edelweiss Tokio Life Insurance as a Senior Dealer. He has also worked in Acko General Insurance and Shriram Asset Management Co Ltd.
Also manages these schemes

Investment objective

The investment objective of the Scheme is to generate long term capital growth by investing in securities of the Nifty Non-Cyclical Consu
The investment objective of the Scheme is to generate long term capital growth by investing in securities of the Nifty Non-Cyclical Consumer Index (TRI) in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Non-Cyclical Consumer Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
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Min. SIP amount
₹100
Min. Lumpsum amount
₹500
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