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About Groww Nifty India Defence ETF Units Exchange Traded Fund
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Inception date
Sep 23, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Primary advisor
Groww Asset Management Ltd.
ISIN
INF666M01IO8
The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty India Defence in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty India Defence Index, subject to tracking errs.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Producer Manufacturing
Process Industries
Stocks99.96%
Electronic Technology58.32%
Producer Manufacturing23.03%
Process Industries14.88%
Technology Services2.95%
Non-Energy Minerals0.78%
Bonds, Cash & Other0.04%
Cash0.04%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GROWWDEFNC invests in stocks. The fund's major sectors are Electronic Technology, with 58.32% stocks, and Producer Manufacturing, with 23.03% of the basket. The assets are mostly located in the Asia region.
GROWWDEFNC top holdings are Bharat Electronics Limited and Hindustan Aeronautics Limited, occupying 21.30% and 21.17% of the portfolio correspondingly.
No, GROWWDEFNC doesn't pay dividends to its holders.
GROWWDEFNC shares are issued by Billionbrains Garage Ventures Ltd. under the brand Groww. The ETF was launched on Sep 23, 2024, and its management style is Passive.
GROWWDEFNC expense ratio is 1.00% meaning you'd have to pay 1.00% of your investment to help manage the fund.
GROWWDEFNC follows the Nifty India Defence Index - INR - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GROWWDEFNC invests in stocks.
GROWWDEFNC price has risen by 7.14% over the last month, and its yearly performance shows a 19.28% increase. See more dynamics on GROWWDEFNC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.18% over the last month, showed a −11.00% decrease in three-month performance and has increased by 18.66% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.18% over the last month, showed a −11.00% decrease in three-month performance and has increased by 18.66% in a year.
GROWWDEFNC trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.