Groww Nifty India Internet ETF

The Current NAV of Groww Nifty India Internet ETF is ₹10.82.

It is better to invest in a fund with a longer track record as Groww Nifty India Internet ETF cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 50 returns, as Funds portfolio is significantly different.

Groww Nifty India Internet ETF fund’s expense ratio is 0.35%

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 India Internet ETF is currently ₹37 Crores.

The Top three stocks are Eternal, One97 Communications and PB Fintech and account for 47% of its portfolio. Top 5 and 10 stocks of fund account for 66% and 85% of fund’s portfolio respectively.

Top three sectors of Groww Nifty India Internet ETF fund are Retail, IT and BFSI accounting for 90% of the total portfolio.

Funds Portfolio Quality is Not Good. It has a mix of Red, Orange and Mid cap or Small cap 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 India Internet ETF Fund is ETFs - Index.

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

Groww Nifty India Internet ETF current PE ratio is 59.94 and PB ratio is 13.33

The asset allocation of Groww Nifty India Internet ETF is Stocks : 99.95%, Debt : 0.05% and Gold : 0%

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

The exit load for Groww Nifty India Internet ETF is N/A