Fundalysisby DARKHORSESTOCKS

Scheme

IB41 Groww Nifty India Internet ETF

Holds 24 companies worth ₹41.8 Cr in Sept 2026.

  • Fund house

    GROWWThe fund house that runs this scheme.

  • AUM

    ₹41.8 CrIB41 Groww Nifty India Internet ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 2.6% on Aug 2026, ₹42.9 Cr.

  • Largest holding

    Eternal LimitedEternal Limited is 19.7% of this scheme's NAV.

  • Fund manager

    Nikhil SatamRuns its co-manager part since 3 Mar 2025, as the fund house dates it. With Aakash chauhan (co-manager), Shashi Kumar (co-manager).

Overview(7 Oct 2026)

Fund managers3

  1. Nikhil SatamCo-manager · Mar 2025 · 11y · B.Com
  2. Aakash chauhanCo-manager · Apr 2025 · 8y · MBA
  3. Shashi KumarCo-manager · May 2025 · 18y · PGDM

    Key facts

    Benchmark
    Nifty India Internet Index - TRI
    Risk
    Very High
    Expense
    Regular 0% · Direct 0.46%
    Exit load
    Nil
    Started
    1 Jul 2025
    Minimum
    Re.1

    Source.Its Scheme Summary Document as of 7 Oct 2026 at AMFI.

    What changed(6 changes)

    Jul 2026

    1 change
    1. Expense ratio
      31 JulDirect 0.42% → 0.43%

    Jun 2026

    1 change
    1. Expense ratio
      30 JunDirect 0.58% → 0.42%

    May 2026

    2 changes

    Source.Its filings at NSE, since Jul 2025.

    Fund managers over time(Jul 2025 – now)

    1. Nikhil Satam
    2. Aakash chauhan
    3. Shashi Kumar
    MainCoSlice2026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Mar 2026 – Oct 2026)

    Every change to the expense ratio, newest first.
    5 changesRegularDirectΔ pt
    31 Jul 20260.00%0.43%0.01
    30 Jun 20260.00%0.42%0.16
    31 May 20260.00%0.58%0.07
    9 May 20260.00%0.65%0.30
    9 Mar 2026–0.35%–
    Direct plan, 31 Jul 2026
    0.43%
    Regular plan 0.00% · Exit load nil
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(7 Oct 2026)

    Objective

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

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    ETF
    Benchmark
    Nifty India Internet Index - TRI

    Asset allocation it may hold% of NAV

    1. Constituents of Nifty India Internet Index
      Allowed95–100%
    2. units of debt/liquid schemes of domestic Mutual Funds
      Allowed0–5%Holds0.0%

    Holds in Sept 2026.100.0% equity

    How to invest(7 Oct 2026)

    Buying

    To start
    Re.1, then 1 Unit
    Most
    ₹99,99,99,999

    Selling and switching

    Scheme details(7 Oct 2026)

    What it is

    Category
    Other Schemes > Equity Exchange Traded Fund (ETF)
    Offer
    13 Jun 2025 to 27 Jun 2025
    Started
    1 Jul 2025
    Reopened
    3 Jul 2025
    Face value
    ₹10
    Listed
    NSE

    How it is run

    Custodian
    HDFC Bank Ltd.
    Auditor
    S.R. Batliboi & Co. LLP
    Registrar
    KFin Technologies Limited
    SEBI code
    GROW/O/O/EET/25/05/0033