Groww MF introduces Nifty Smallcap 250 Momentum Quality 100 Index Fund
Groww Mutual Fund has launched Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund, an open?ended scheme tracking the Nifty Smallcap 250 Momentum Quality 100 Total Return Index. The NFO opens for subscription on May 29, 2026 and closes on June 12, 2026. The Entry Load is not applicable and Exit load is nil for the scheme. The minimum subscription amount is Rs 500 and in multiples of Re. 1/-thereafter.
The performance of the Scheme will be benchmarked with Nifty Smallcap 250 Momentum Quality 100 Index TRI and its fund managers are Nikhil Satam, Aakash Chauhan and Shashi Kumar.
The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty Smallcap 250 Momentum Quality 100 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty Smallcap 250 Momentum Quality 100 Index, subject to tracking errors.
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