The scheme seeks to generate long term capital gains by investing in units of the Groww Nifty India Defence ETF.
Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Shashi Kumar
BBA, PGDBM
Prior to joining Groww MF, he was associated with Bharti Axa Life Co. Ltd. & Canara HSBC Life Insurance Co. Ltd.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Groww Nifty India Defence ETF FoF is ₹14.25 as of 2026-08-28.
Groww Nifty India Defence ETF FoF is classified as a Thematic-Other fund.
The Assets Under Management (AUM) of Groww Nifty India Defence ETF FoF is ₹144.3 Cr.
The expense ratio of Groww Nifty India Defence ETF FoF is 0.48%.
Groww Nifty India Defence ETF FoF is managed by Shashi Kumar.
The minimum SIP investment for Groww Nifty India Defence ETF FoF is ₹500.
The exit load for Groww Nifty India Defence ETF FoF is 1%.
As per the SEBI Riskometer, Groww Nifty India Defence ETF FoF carries a Very High risk level.
Groww Nifty India Defence ETF FoF has delivered 30.83% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-08-28.
Groww Nifty India Defence ETF FoF was launched on 2008-04-10.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
