Scheme
IB43 Groww Nifty 50 Index Fund
Holds 50 companies worth ₹26.6 Cr in Sept 2026.
Fund house
GROWWThe fund house that runs this scheme.AUM
₹26.6 CrIB43 Groww Nifty 50 Index Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 0.9% on Aug 2026, ₹26.8 Cr.Largest holding
HDFC BankHDFC Bank is 10.4% 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
- Nikhil SatamCo-manager · Mar 2025 · 11y · B.Com
- Aakash chauhanCo-manager · Apr 2025 · 8y · MBA
- Shashi KumarCo-manager · May 2025 · 18y · PGDM
Key facts
- Benchmark
- Nifty 50 Index - TRI
- Risk
- Very High
- Expense
- Regular 1.14% · Direct 0.46%
- Exit load
- Nil
- Started
- 21 Jul 2025
- Minimum
- ₹500
Source.Its Scheme Summary Document as of 7 Oct 2026 at AMFI.
What changed(7 changes)
Jul 2026
1 change
- Expense ratio31 JulRegular 1.11% → 1.13%Direct 0.43% → 0.45%
Jun 2026
1 change
- Expense ratio30 JunRegular 1.12% → 1.11%Direct 0.44% → 0.43%
May 2026
3 changes
- Category31 MayIndex Fund → Growth / Equity Oriented Schemes
Source.Its filings at NSE, since Jul 2025.
Fund managers over time(Jul 2025 – now)
MainCoSlice2026
Costs(Aug 2025 – Oct 2026)
Direct plan, 31 Jul 2026
0.45%
Regular plan 1.13% · Exit load nil
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 50 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty 50 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
- Open Ended
- Benchmark
- Nifty 50 Index - TRI
Asset allocation it may hold% of NAV
- Constituents of Nifty 50 IndexAllowed95–100%
- Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual FundsAllowed0–5%Holds0.0%
Holds in Sept 2026.100.0% equity
How to invest(7 Oct 2026)
Buying
- To start
- ₹500, then re.1
- To add
- ₹500, then re.1
- Most
- Any Amount
- Systematic
- SIP - Daily, Weekly, Monthly, Quarterly STP - Daily, Weekly, Monthly, Quarterly SWP - Monthly, Quarterly
- Dates
- SIP - Daily- Every Business Day/ Weekly-1st, 8th, 15th, & 22nd/Monthly & Quarterly-Any day between 1st to 28th STP - Every Business Day/Every Friday/Monthly & Quarterly-2,8,15,23 SWP - 2,8,15,23
- Minimum
- SIP - 100,100,500,500 ; STP-500,500,500,500 ; SWP : 500,1500, then re.1
- Instalments
- SIP - 180, 24, 12, 4 STP - 6,6,6,6 SWP - 12, 4
Selling and switching
- To redeem
- ₹500 or Re.1 units
- Switch minimum
- ₹500
- Switch multiples
- Re.1
- Switch most
- Any Amount
Scheme details(7 Oct 2026)
What it is
- Category
- Growth / Equity Oriented Schemes
- Offer
- 2 Jul 2025 to 16 Jul 2025
- Started
- 21 Jul 2025
- Reopened
- 22 Jul 2025
- Plans
- DIRECT PLAN-GROWTH OPTION · DIRECT PLAN-IDCW PAYOUT OPTION · DIRECT PLAN-IDCW REINVESTMENT OPTION · REGULAR PLAN-GROWTH OPTION · REGULAR PLAN-IDCW PAYOUT OPTION · REGULAR PLAN-IDCW REINVESTMENT OPTION
- Face value
- ₹10
- Listed
- No
How it is run
- Custodian
- HDFC Bank Ltd.
- Auditor
- S.R. Batliboi & Co. LLP
- Registrar
- KFin Technologies Limited
- SEBI code
- GROW/O/O/EIN/25/06/0036