The Groww Nifty 500 Low Volatility 50 ETF, managed by Groww Mutual Fund, aims for long-term capital growth by replicating the Nifty 500 Low Volatility 50 Index, focusing on low volatility securities.

This open-ended scheme tracks its benchmark through a replication strategy, ensuring that returns before expenses align with the total return of the Nifty 500 Low Volatility 50 Index.

The fund's portfolio is diversified across sectors, with significant allocations in Automobiles, Pharmaceuticals, and Banks, highlighting a concentration risk in these industries, particularly in Maruti Suzuki and State Bank of India.

Over the past year, the ETF posted a modest return of +2.2%, with a tracking error of 0.28%, indicating effective alignment with its benchmark under prevailing market conditions.

With an AUM of ₹5.5 Cr and a low expense ratio of 0.32%, the fund is accessible for investors looking for a low-cost, volatility-focused investment option in the Indian market.