MUTUAL FUNDS
Groww Mutual Fund files offer document for BSE Power ETF
Jun-10-2025

Groww Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named 'Groww BSE Power ETF'. The New Fund Offer price for units would be Rs 10 during the NFO period. Entry load and exit load will be nil. The Scheme does not offer any Plans/Options for investment, and seeks to collect a Minimum Target Amount of Rs 5 crore

The performance of the scheme will be benchmarked against BSE Power Index -TRI. The minimum application amount is Rs 500 and in multiples of Re 1 thereafter.

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


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