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NRI

Category

Others

Scheme Type

OPEN

Exit Load (%)

1.00

Min Inv

500.00

Incremental Inv

500.00

Open Date

Sep 23, 2024

Close Date

Oct 04, 2024

Nav Calculation

DAILY

Sub-category

Fund of Funds - Equity

Risk Level

Very High

Fund Manager

Abhishek Jain

Repurchase/Redemption

Fund Objective

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.

Notes

As per investment objective, the scheme will invest in units of Groww Nifty India Defence ETF. Investments made from the net assets of the Scheme would be in accordance with the investment objective of the Scheme and the provisions of the SEBI (MF) Regulations. Though every endeavour will be made to achieve the objective of the Scheme, the AMC/Sponsors/Trustee does not guarantee that the investment objective of the Scheme will be achieved. No guaranteed returns are being offered under the Scheme.