Groww Nifty Cements ETF

The Current NAV of Groww Nifty Cements ETF is ₹14.29.

It is better to invest in a fund with a longer track record as Groww Nifty Cements ETF cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark NIFTY 50, as the Funds portfolio is similar to its benchmark.

Groww Nifty Cements ETF fund’s expense ratio is 0.40%

The process for redemption is

• Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
• You will get information about the redemption and the NAV at which redeemed.
• The amount will be deposited in the designated bank account.

The AUM of Groww Nifty Cements ETF is currently ₹7 Crores.

The Top three stocks are Grasim Industries, Ultratech Cement and Ambuja Cements and account for 46% of its portfolio. Top 5 and 10 stocks of fund account for 71% and 93% of fund’s portfolio respectively.

Top three sectors of Groww Nifty Cements ETF fund are Construction & Infrastructure, Diversified and Miscellaneous accounting for 100% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a ETFs - Index it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Groww Nifty Cements ETF Fund is ETFs - Index.

Nikhil Satam and Aakash Chauhan manage the Groww Nifty Cements ETF Fund.

Groww Nifty Cements ETF current PE ratio is 37.17 and PB ratio is 2.92

The asset allocation of Groww Nifty Cements ETF is Stocks : 99.86%, Debt : 0.15% and Gold : 0%

The minimum SIP amount for Groww Nifty Cements ETF is N/A and minimum lumpsum is ₹500.00

The exit load for Groww Nifty Cements ETF is N/A