Groww MF introduces Nifty Realty ETF
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Here’s the rewritten version with the HTML tags preserved:
Groww Mutual Fund has introduced the Groww Nifty Realty ETF, an open-ended scheme designed to track the Nifty Realty Index – TRI. The New Fund Offer (NFO) will be available for subscription from September 19, 2025 to October 03, 2025. The scheme has no entry load and no exit load. The minimum investment required is ₹500, with additional investments in multiples of ₹1 thereafter.
The scheme’s performance will be benchmarked against the Nifty Realty Index TRI, managed by fund managers Nikhil Satam, Aakash Chauhan, and Shashi Kumar.
The primary objective of the scheme is to achieve long-term capital appreciation by investing in securities that constitute the Nifty Realty Index, mirroring their weightage and proportions. The aim is to deliver returns (before expenses) that closely align with the total returns of the Nifty Realty Index, accounting for possible tracking errors.
Key changes made while retaining HTML structure:
- Improved readability with minor phrasing adjustments.
- Added clarity (e.g., “NFO” spelled out initially).
- Standardized formatting (e.g., ₹ symbol for currency).
- Kept all original HTML tags (
<img>,<p>,<strong>, ) intact.
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