Momentum investing is a strategy that focuses on buying stocks that are trending upwards and exiting once the trend subsides, based on the belief that these trends will continue for some time.
(source:https://growwmf.in/)
Groww Nifty 500 Momentum 50 ETF FOF Details :
| Mutual Fund | Groww Mutual Fund |
| Scheme Name | Groww Nifty 500 Momentum 50 ETF FOF |
| Objective of Scheme | The investment objective of the Scheme is to generate long-term capital growth by investing in units of the Groww Nifty 500 Momentum 50 ETF However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved. |
| Scheme Type | Open Ended |
| Scheme Category | Other Scheme – FoF Domestic |
| New Fund Launch Date | 03-Apr-2025 |
| New Fund Earliest Closure Date | 17-Apr-2025 |
| New Fund Offer Closure Date | 17-Apr-2025 |
| Indicate Load Seperately | If redeemed within 30 days from the date of allotment: 1% If redeemed after 30 days from the date of allotment: NIL. |
| Minimum Subscription Amount | Rs. 500 and in multiples of Re. 1 thereafter |
| For Further Details Please Visit Website | https://www.growwmf.in |
(source:https://www.amfiindia.com/)
Groww Nifty 500 Momentum 50 ETF FOF NFO
Application Form
Scheme Documents
(source:https://growwmf.in/)
