The Groww Nifty 50 ETF, managed by Groww Mutual Fund, is an open-ended passive scheme aimed at long-term capital growth by replicating the Nifty 50 Index's performance.

This ETF employs a tracking strategy aligned with the Nifty 50 Index - TRI, seeking to minimize tracking errors while providing returns reflective of the index's total return.

The portfolio predominantly features banks with a 30.55% allocation, highlighting concentration risk, while key holdings include HDFC Bank Limited and ICICI Bank Limited, among others.

Over the past year, the fund has experienced a change of -1.7%, with a tracking error of 0.16%, indicating efficient management relative to its benchmark despite recent performance challenges.

With an AUM of ₹9.91 Cr and an expense ratio of 0.28%, the fund is accessible through major exchanges, backed by experienced managers, ensuring liquidity and operational efficiency.