The investment objective of the Scheme is to generate long term capital gains by investing in units of the Groww Nifty India Defence ETF. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
The Groww Nifty India Defence ETF FoF Regular Growth has an AUM of 39.29 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 0.63%. The minimum investment in Groww Nifty India Defence ETF FoF Regular Growth is Rs 500 and the minimum SIP is Rs 500.
As per morningstar the risk & return rating of the fund are - & - respectively.
The top holdings of the fund include Growwdefnc Etf & Net Receivable/Payable.
Some of the similar funds are Nippon India Quant Fund - Growth, Bank of India Midcap Tax Fund Series 2 Regular Growth, Mirae Asset Nifty India Manufacturing ETF Fund of Fund Regular Growth, Quantum Ethical Fund Regular Growth, Groww Nifty India Defence ETF FoF Regular Growth. Groww Nifty India Defence ETF FoF Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.
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