The Groww Nifty India Internet ETF, managed by Groww Mutual Fund, aims for long-term capital growth by mirroring the Nifty India Internet Index, offering a passive investment approach in an open-ended scheme.

Employing a passive replication strategy, this ETF closely tracks the Nifty India Internet Index TRI, ensuring minimal tracking errors, currently recorded at a low 0.22%, enhancing investor confidence.

The portfolio exhibits significant concentration, with 56.1% allocated to the retailing sector, dominated by top holdings like Eternal Limited and PB Fintech Limited, reflecting a focused sector strategy.

In the past year, the ETF has delivered a return of 4.0%, showcasing resilience in performance, while its tracking error indicates effective benchmark alignment and minimal deviation from expected returns.

With a fund size of ₹20.15 Cr and managed by experienced professionals, the ETF offers investors an accessible option for gaining exposure to the burgeoning Indian internet sector, listed on major exchanges.