The Groww Nifty 500 Low Volatility 50 ETF, managed by Groww Mutual Fund, aims for long-term capital growth through investments in the Nifty 500 Low Volatility 50 Index, maintaining proportional weightage.

This open-ended scheme employs a replication strategy to track the Nifty 500 Low Volatility 50 Index - TRI, with a focus on minimizing tracking error, currently at 0.28%.

The portfolio showcases significant holdings in sectors like Automobiles, Pharmaceuticals, and Banks, with top allocations to Maruti Suzuki and State Bank of India, indicating moderate concentration risk.

Over the past year, the ETF has delivered a return of +5.7%, reflecting its low volatility objective amidst market fluctuations, although longer-term performance metrics are currently unavailable.

With an AUM of ₹5.5 Cr and a competitive expense ratio of 0.32%, the fund is managed by experienced professionals, enhancing its operational efficiency and investor access.