What is the Groww Nifty India Internet ETF FOF?
The Groww Nifty India Internet ETF FOF is a Fund of Fund (FOF) scheme that invests primarily in units of the Groww Nifty India Internet ETF. It offers investors indirect exposure to companies that are central to India’s growing digital economy – spanning sectors such as e-commerce, online finance, travel, and digital services. By tracking the Nifty India Internet Index – TRI, the fund seeks to provide long-term capital growth by mirroring the performance of the index.
About the Nifty India Internet Index¹
The Nifty India Internet Index consists of ~21 companies selected from the Nifty Total Market Index, focusing exclusively on internet-based businesses across sectors like e-commerce, fintech, online travel, digital payments, and more.
Why consider the Groww Nifty India Internet ETF FOF?
Seeks broad exposure to India’s digital-first sectors
The fund aims to invest across a diverse range of internet-led businesses including e-commerce, fintech, stockbroking, digital travel, and entertainment through a single instrument. It seeks to capture the breadth of activity in India’s growing online economy.
Aims to invest in digital-first models across consumer and enterprise domains
The fund seeks exposure to companies that operate internet-native platforms, serving both direct consumers and businesses across India’s expanding digital infrastructure.
Aims to benefit from India’s mobile-first and policy-driven growth
With over 886 million smartphone users², some of the lowest mobile data costs globally, and strong policy support via UPI, e-KYC, and the ₹26,000+ crore Digital India budget³, the ETF FOF aims to tap into long-term digital tailwinds.
Who may consider the Groww Nifty India Internet ETF FOF?
Investors seeking long-term capital appreciation
Those looking to invest in equity and equity-related instruments of the Nifty India Internet Index
Individuals aiming to gain diversified exposure to India’s internet-led growth through a single ETF FOF
(source: growwmf.in)
Groww Nifty India Internet ETF FOF NFO Details:
| Mutual Fund | Groww Mutual Fund |
| Scheme Name | Groww Nifty India Internet ETF FOF |
| Objective of Scheme | The investment objective of the Scheme is to generate long-term capital growth by investing in units of Groww Nifty India Internet 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 | 13-Jun-2025 |
| New Fund Earliest Closure Date | |
| New Fund Offer Closure Date | 27-Jun-2025 |
| Indicate Load Seperately | Exit Load: Nil |
| Minimum Subscription Amount | Rs. 500/- and in multiples of Re. 1 |
| For Further Details Please Visit Website | https://www.growwmf.in |
(source: https://www.amfiindia.com/)
Groww Nifty India Internet ETF FOF NFO
Application Form
Scheme Documents
(source: growwmf.in)
Groww Nifty India Internet ETF FOF NFO Riskometer:
