Question 1

What is the Expense Ratio of Groww Nifty Next 50 Index Fund - Direct - Growth?

Accepted Answer

The Expense Ratio of Groww Nifty Next 50 Index Fund - Direct - Growth is 0.49% as of 01/08/2026. This is the fee charged by the fund house for managing the fund.

Question 2

What is the AUM of Groww Nifty Next 50 Index Fund - Direct - Growth?

Accepted Answer

The Assets Under Management (AUM) of Groww Nifty Next 50 Index Fund - Direct - Growth is ₹6.88 Crores as of Quarter ending June 2026.

Question 3

What is the 3-Year CAGR of Groww Nifty Next 50 Index Fund - Direct - Growth?

Accepted Answer

The 3-Year CAGR data for Groww Nifty Next 50 Index Fund - Direct - Growth is currently unavailable.

Question 4

Who manages Groww Nifty Next 50 Index Fund - Direct - Growth?

Accepted Answer

Groww Nifty Next 50 Index Fund - Direct - Growth is managed by Groww Mutual Fund.

Question 5

Is Groww Nifty Next 50 Index Fund - Direct - Growth an open-ended or close-ended scheme?

Accepted Answer

Groww Nifty Next 50 Index Fund - Direct - Growth is an Open-Ended scheme.

Question 6

What is the benchmark for Groww Nifty Next 50 Index Fund - Direct - Growth?

Accepted Answer

The benchmark for Groww Nifty Next 50 Index Fund - Direct - Growth is Nifty Next 50.

Question 7

How is the Expense Ratio calculated?

Accepted Answer

The Expense Ratio is the annual fee that mutual funds charge their unitholders. It expresses the percentage of assets deducted each fiscal year for fund expenses including 12b-1 fees, management fees, administrative fees, operating costs, and all other asset-based costs incurred by the fund.

Period	Returns	CAGR	Volatility
3M	4.18%	17.81%	13.21%
6M	8.52%	17.78%	20.01%
1Y	8.73%	8.73%	17.27%
3Y	N/A	N/A	N/A
5Y	N/A	N/A	N/A

Scheme	3Y CAGR (%)	TER (%)	AUM (Cr)
Axis Nifty Next 50 Index Fund - Direct - Growth	17.51%	0.22%	₹395.9
Kotak Nifty Next 50 Index Fund - Direct - Growth	17.56%	0.10%	₹910.71
Edelweiss Nifty Next 50 Index Fund - Direct - Growth	17.52%	0.23%	₹235.23
DSP Nifty Next 50 Index Fund - Direct - Growth	17.46%	0.36%	₹921.39
Motilal Oswal Nifty Next 50 Index Fund - Direct - Growth	17.50%	0.41%	₹289.13
Navi Nifty Next 50 Index Fund - Direct - Growth	17.42%	0.26%	₹20.01
SBI Nifty Next 50 Index Fund - Direct - Growth	17.50%	0.37%	₹1,369.21

Groww Nifty Next 50 Index Fund - Direct - Growth

Frequently Asked Questions