Groww Mutual Fund launches Groww Nifty Cements ETF

08 Jul,   2026 By: Eastern Fin Research Team #Mutual Fund

NFO period: 08th Jul - 22nd Jul, 2026

Highlights of the NFO:

  • Scheme type - An open-ended scheme tracking the Nifty Cement Index - TRI.

  • Investment objective - The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty Cements Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of the Nifty Cements Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

  • Product suitability - This product is suitable for investors who are seeking to generate long-term capital appreciation. Investment in equity and equity-related instruments of the Nifty Cement Index.

  • Minimum Application Amount - Rs. 500 and in multiples of Re. 1 thereafter

  • Plan/ Options available - The Scheme does not offer any Plans/Options for investment.

  • Fund Managers - Mr. Nikhil Satam, Mr. Aakash Chauhan & Mr. Shashi Kumar

  • Benchmark - Nifty Cement Index TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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