The Groww Nifty India Internet ETF, managed by Groww Mutual Fund, is an open-ended passive scheme aimed at long-term capital growth, replicating the Nifty India Internet Index for optimal returns.

This ETF employs a tracking strategy to mirror the Nifty India Internet Index TRI, ensuring minimal tracking errors, currently reported at 0.22%, thus maintaining close alignment with its benchmark.

The portfolio features a concentrated focus on retailing and fintech sectors, with top holdings like Eternal Limited and PB Fintech Limited, reflecting a 56.05% allocation in retailing alone.

Over the past year, the fund has achieved a positive change of 7.3%, indicating strong performance in a competitive market, although longer-term CAGR data remains unavailable.

With an AUM of ₹20.15 Cr and a diverse asset allocation primarily in equities, this ETF is positioned for liquidity, although the expense ratio details are not disclosed.