Groww Nifty 200 ETF

The Groww Nifty 200 ETF, managed by Groww Mutual Fund, aims for long-term capital growth by mirroring the Nifty 200 Index, reflecting a passive investment strategy with an open-ended structure.

Employing a replication strategy, the fund tracks the Nifty 200 Index TRI, ensuring alignment with its benchmark while striving to minimize tracking errors inherent in passive management.

The portfolio showcases significant concentration in the banking sector, with top holdings like HDFC Bank and ICICI Bank, which collectively account for 23.3% of the total assets.

Over the past year, the ETF has delivered a strong return of 13.6%, indicating effective management and alignment with market performance despite the absence of multi-year CAGR data.

With a fund size of ₹13.6 Cr and a low expense ratio of 0.35%, the ETF offers investors a cost-effective entry into a diversified index fund, enhancing accessibility through major exchanges.