Groww Nifty Smallcap 250 Momentum Quality 100 ETF Allotted
Groww Nifty Smallcap 250 Momentum Quality 100 ETF launched by Groww Mutual Fund is a New Fund Offer (NFO), closed as of now. This scheme belongs to the Other - Exchange Traded Fund (ETF) category, and operates as an Open Ended.
The subscription window opened on 29 May 2026 (Friday) and closed on 12 June 2026 (Friday). The allotment of units was completed on 19 June 2026 (Friday). Investors could participate with a minimum initial investment of ₹500.
An exit load of Nil is applicable. The fund's performance is measured against the Nifty Smallcap 250 Momentum Quality 100 Index TRI. According to the scheme documents, it carries a risk level defined as Very High Risk. KFin Technologies Ltd acts as the registrar for this NFO.
Scheme Details
Open DateThe date when the NFO opens for subscription.
29 May 2026 (Friday)
Close DateThe last date to apply for this NFO.
12 June 2026 (Friday)
Allotment DateThe date when mutual fund units will be allocated to investors.
19 June 2026 (Friday)
Fund CategoryThe specific category of the mutual fund (e.g., Equity, Debt, Hybrid).
Other - Exchange Traded Fund (ETF)
BenchmarkThe standard index against which the performance of the mutual fund will be measured.
Nifty Smallcap 250 Momentum Quality 100 Index TRI
Investment Details
Min. InvestmentThe minimum amount required to invest in this NFO.
₹500
Min. SIP InvestmentThe minimum amount required for a Systematic Investment Plan (SIP).
-
Face Value / NAVThe base price per unit during the NFO period, usually Rs 10.
₹₹10.0
Exit LoadThe fee charged by the AMC if you redeem your units before a specified period.
Nil
Expense RatioThe annual maintenance charge levied by mutual funds to finance its expenses.
As per SEBI norms
Investment ObjectiveThe primary financial goal the mutual fund aims to achieve for its investors.
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 the Nifty Smallcap 250 Momentum Quality 100 Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved
Fund ManagersThe expert financial professionals responsible for making investment decisions for the scheme.
Mr. Nikhil Satam
B. Com & Masters in Finance (MFM)
Mr. Nikhil Satam has over 8 years of work experience in the financial services industry. Since June 2023, he has been working as an Equity dealer in existing equity schemes of Groww Asset Management Ltd. (Groww AMC), wherein he handles all active and passive scheme dealings.
Mr. Aakash Chauhan
MBA in Finance
Mr. Aakash Chauhan has an overall 6 years of experience in the Financial Sector. Prior to joining Groww Asset Management Ltd, he was associated with Trust Mutual Fund, Mirae Asset Realty (India) Pvt Ltd & BP Wealth Pvt Ltd.
Mr. Shashi Kumar
PGDBM & BBA
Mr. Shashi Kumar has an overall 17 years of experience in the Insurance Sector. Prior to joining Groww Asset Management Ltd, he was associated with Bharti Axa Life Co Ltd & Canara HSBC Life Insurance Co Ltd.
Scheme DocumentsOfficial legal documents containing detailed information about the mutual fund scheme.
Tax on Mutual Fund Sell
Groww Nifty Smallcap 250 Momentum Quality 100 ETF Tax Details
- Short-Term Capital Gains (STCG): Applicable if units are sold within 12 months. Taxed at 20%.
- Long-Term Capital Gains (LTCG): Applicable if units are held for more than 12 months. Gains up to ₹1.25 lakh per financial year are exempt, and the excess is taxed at 12.5% without indexation.
- Securities Transaction Tax (STT): A nominal STT of 0.001% is deducted at the time of redemption
Groww Mutual Fund
AMC Details & SupportInformation about the Asset Management Company launching this NFO.
Website
Email Support
Customer Care
+91 8050180222
Total AUM
₹5336.86 Cr
Date of Incorporation
2008-04-10
Address
1202A - 12A Floor, One World Centre, Lower Parel, Mumbai, Maharashtra, India, 400013
AMC Data Last Updated: 2026-06-12