MUTUAL FUNDS
Groww MF introduces Nifty Midcap 150 Index Fund
Oct-28-2025

Groww Mutual Fund has launched Groww Nifty Midcap 150 Index Fund, an open‐ended scheme tracking the Nifty Midcap 150 Index – TRI. The NFO opens for subscription on October 28, 2025 and closes on November 11 2025. The Entry Load is not applicable and the Exit load is nil for the scheme. The minimum subscription amount is Rs 500/- and in multiples of Re. 1 for purchases and switch-in.

The performance of the Scheme is measured against Nifty Midcap 150 Index - TRI and its fund managers are Shashi Kumar (over 17 years of experience), Nikhil Satam (over 8 years of experience) and Aakash Chauhan (over 6 years of experience).

The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty Midcap 150 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty Midcap 150 Index, subject to tracking errors.


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