Groww Nifty Capital Markets ETF FoF NFO Opens on November 14, 2025

Groww Mutual Fund has announced the New Fund Offer for Groww Nifty Capital Markets ETF FoF, an open-ended fund of fund scheme investing in units of Groww Nifty Capital Markets ETF. The NFO opens on November 14, 2025 and closes on November 28, 2025, with the scheme scheduled to reopen for continuous sale and repurchase on or before December 12, 2025. 

This product is suitable for investors seeking long-term capital appreciation and investment exposure in units of Groww Nifty Capital Markets ETF.

Investment Objective and Strategy

The investment objective of the scheme is to generate long-term capital growth by investing in units of Groww Nifty Capital Markets ETF. The scheme will allocate 95% to 100% of its total assets in units of Groww Nifty Capital Markets ETF. 

The remaining 0% to 5% may be invested in debt securities, money market instruments and units of debt or liquid schemes of domestic mutual funds. The benchmark index for the scheme is Nifty Capital Markets Index TRI.

NFO Terms and Investment Details

The NFO offers units at ₹10 per unit during the offer period. The minimum application amount is ₹500, and subsequent investments can be made in multiples of ₹1. The scheme offers 2 plans, namely the Regular Plan and the Direct Plan, each with Growth Option and Income Distribution cum Capital Withdrawal Option. 

The subscription list may be closed earlier by giving at least 1 day's notice; however, the NFO period shall remain open for a minimum of 3 working days.

Read More: NFO Alert: Mirae Asset Mutual Fund Launches CRISIL-IBX Financial Services 3-6 Months Debt Index Fund!

Expense Ratio and Load Structure

The maximum total expense ratio permissible is up to 1% of daily net assets. Additional expenses under Regulation 52(6A)(c) of up to 0.05% may be charged. Additional expenses for gross new inflows from specified cities of up to 0.30% are permitted. The scheme has nil exit load on redemptions.

Fund Management and Risk Profile

The scheme is managed by Mr Nikhil Satam, Mr Aakash Chauhan and Mr Shashi Kumar. The scheme carries a very high risk rating on the riskometer. Investors should understand that their principal will be at very high risk. The redemption or repurchase proceeds shall be credited to the registered bank account or dispatched to unitholders within 3 working days from the date of redemption.

Conclusion

The Groww Nifty Capital Markets ETF FoF NFO provides investors an opportunity to participate in the capital markets theme through a fund-of-funds structure. With the NFO period from November 14 to 28, 2025, at ₹10 per unit and nil exit load, the scheme aims for long-term capital growth by investing predominantly in Groww Nifty Capital Markets ETF. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.