Groww Nifty Non-cyclical Consumer Index Fund - Regular Plan - Idcw Reinvestment

Groww Nifty Non-cyclical Consumer Index Fund - Regular Plan - Idcw Reinvestment is a scheme launched by Groww Mutual Fund on May 24, 2024, and falls under the Index fund category. It currently manages an AUM of Rs 51.07 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 500. It charges an expense ratio of 1% for managing the portfolio.

• Investing Strategy:

  The investment objective of the Scheme is to generate long term capital growth by investing in securities of the Nifty Non-Cyclical Consumer Index (TRI) in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Non-Cyclical Consumer Index, subject to tracking errors.

• Performance:

  Groww Nifty Non-cyclical Consumer Index Fund - Regular Plan - Idcw Reinvestment trailing returns over different times are -6.85% (1 year), 0% (3 year) and 0% (5 year). The average annual return of this fund stands at 2.95%.