Groww Mutual Fund launches Groww Nifty Midcap 150 ETF

NFO period: 28^th Oct - 11^th Nov, 2025

Highlights of the NFO:

• Scheme type - An open-ended scheme tracking the Nifty Midcap 150 Index – TRI


• Investment objective - The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty Midcap 150 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty Midcap 150 Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.


• Product suitability - This product is suitable for investors who are seeking long-term capital growth by investing in securities of the Nifty Midcap 150 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty Midcap 150 Index, subject to tracking errors


• Minimum Application Amount - Rs. 500 and in multiples of Re. 1/- thereafter


• Plan/ Options available - The Scheme does not offer any Plans/Options for investment.


• Fund Managers - Mr. Shashi Kumar, Mr. Nikhil Satam & Mr. Aakash Chauhan


• Benchmark - Nifty Midcap 150 Index - TRI