Groww Nifty India Defence ETF FOF - Direct (IDCW)
FoFs DomesticNAV
9.69(0.61%)Fund Size (CR)
₹26.96Expense Ratio
0.21Scheme Type
Active FundValue Research
Min. investment
₹500Minimum Additional Investment
₹500Minimum SIP Investment
₹100Minimum Withdrawal
₹500Exit Load
1%Return Since Launch
-4.57%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Abhishek Jain
Bench Mark
Nifty India Defence Index TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 23 December 2024 | 9821.95 | -1.78% | - | -0.07% | 324/331 |
| 1 Month | 29 November 2024 | 9645.93 | -3.54% | - | -0.55% | 322/331 |
| 3 Month | - | - | - | - | -2.18% | -/- |
| 6 Month | - | - | - | - | 3.26% | -/- |
| 1 Year | - | - | - | - | 15.94% | -/- |
| 3 Year | - | - | 0% | - | 12.39% | -/- |
| 5 Year | - | - | 0% | - | 12.89% | -/- |
| Since Inception | 11 October 2024 | 9543.30 | -4.57% | -4.57% | 10.79% | 316/331 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 4 November 2024 | 30,000 | 30148.33 | 0.49% | 0.49% |
| 3 Year | - | - | - | - | - |
| 5 Year | - | - | - | - | - |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
undefined%
Standard Deviation
10.06%
Beta
0%
Sharpe Ratio
-0.03%
Treynor's Ratio
61.22%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| Net CA & Others | -0.35% | - | -0.09 | Net CA & Others | Debt Others |
| Groww NID ETF | 100.35% | 4040834 | 27.05 | Indian Mutual Funds | Mutual Fund Units |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Groww Nifty India Defence ETF FOF - Direct (IDCW) | 26.96 | -3.54% | - | - | - | - | |
| Mirae Asset NYSE FANG+ ETF Fund of Fund - Dir (G) | 1694.37 | 22.69% | 44.09% | 44.80% | 87.18% | 34.69% | |
| Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) | 643.39 | 3.04% | 24.96% | 26.63% | 55.43% | 20.78% | |
| Mirae Asset Hang Seng TECH ETF Fund of Fund - Dir (G) | 82.17 | 1.48% | 3.86% | 35.20% | 34.89% | 2.65% | |
| Tata Nifty India Digital ETF Fund of Fund-Dir (G) | 97.91 | 2.18% | 2.43% | 16.26% | 32.28% | - | |
| Tata Nifty India Digital ETF Fund of Fund-Dir (IDCW) | 97.91 | 2.18% | 2.43% | 16.26% | 32.28% | - |
News
Groww Mutual Fund Change in minimum lumpsum investment amount
Groww Mutual Fund announces that the minimum lumpsum investment amount for Groww Dynamic Bond Fund stands modified as under with effect from December 04, 2024.Scheme Name Existing Lumpsum investment amount Revised Lumpsum investment amount Groww Dynamic Bond Fund Rs. 100 and in multiples of Re. 1/- thereafter Rs. 500 and in multiples of Re.1 thereafter Groww Overnight Fund Rs. 100 and in multiples of Re. 1/- thereafter Rs. 500/- and in multiples of Re. 1/- thereafter Groww Liquid Fund Rs. 100/- and in multiples of Re. 1/- thereafter Rs. 500/- and in multiples of Re. 1/- thereafter Groww Short Duration Fund Rs. 100/- and in multiples of Re. 1/- thereafter Rs. 500/- and in multiples of Re. 1/- thereafter Groww Value Fund Rs. 10 and in multiples of Re. 1/- thereafter Rs. 500/- and in multiples of Re. 1/- thereafter Groww Total Market Index Fund Rs. 100/- and in multiples of Re. 1/- thereafter Rs. 500/- and in multiples of Re. 1/- thereafter Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
23 September 2024
Total AUM (Cr)
₹26.96
Groww Nifty India Defence ETF FOF - Direct (IDCW) is an FoFs Domestic-oriented fund from the renowned AMC, Groww Mutual Fund. Launched in 23 September 2024, this fund is managed by Abhishek Jain. With assets under management (AUM) worth ₹26.96 (Cr), as of 1 January 2025, Groww Nifty India Defence ETF FOF - Direct (IDCW) is categorized as a FoFs Domestic within its segment. The fund has generated a return of -4.57% since its launch.
The current NAV of Groww Nifty India Defence ETF FOF - Direct (IDCW) is ₹9.69, as on 1 January 2025. The fund's benchmark index is Nifty India Defence Index TRI. You can invest in Groww Nifty India Defence ETF FOF - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹500.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
If redeemed within 30 days from the date of allotment: 1% If redeemed after 30 days from the date of allotment: NIL. The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 100.00% in cash and cash equivalents.
FAQs
How to Invest in Groww Nifty India Defence ETF FOF - Direct (IDCW) Direct Growth?
Groww Nifty India Defence ETF FOF - Direct (IDCW) is a popular fund in the FoFs Domestic segment. The fund has generated a return of -4.57% since inception. Looking to invest in Groww Nifty India Defence ETF FOF - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Groww Nifty India Defence ETF FOF - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Groww Nifty India Defence ETF FOF - Direct (IDCW)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Groww Nifty India Defence ETF FOF - Direct (IDCW) today and reap the benefits of this FoFs Domestic fund!
How much returns has Groww Nifty India Defence ETF FOF - Direct (IDCW) Direct Growth generated?
What is the expense ratio of Groww Nifty India Defence ETF FOF - Direct (IDCW) Direct Growth?
What is the AUM of Groww Nifty India Defence ETF FOF - Direct (IDCW) Fund Direct Growth?
How to redeem or withdraw money from Groww Nifty India Defence ETF FOF - Direct (IDCW) Direct Growth?
Redeeming or selling units of Groww Nifty India Defence ETF FOF - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Groww Nifty India Defence ETF FOF - Direct (IDCW):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Groww Nifty India Defence ETF FOF - Direct (IDCW)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).