NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Groww Nifty 500 Low Volatility 50 ETF-Growth for NRI [10.67]

Min Investment

500

Fund Size

4.43 Cr

Expense Ratio

0.3%

Exit Load

%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

10.67

0.27%

NAV as on 10 Feb 26, 12:00 AM

very high risk

flexi cap

equity

NAV as on 10 Feb 26, 12:00 AM

very high risk

flexi cap

equity

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

6.71%p.a.

Since Inception

About Groww Nifty 500 Low Volatility 50 ETF-Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Groww Nifty 500 Low Volatility 50 ETF-Growth scheme from Groww Asset Management Limited. It is a Flexi Cap mutual fund scheme that predominantly invests in Flexi Cap stocks of companies. Launched on Jun 2025, Groww Nifty 500 Low Volatility 50 ETF-Growth is Flexi Cap fund of its category with 4.43 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Flexi Cap funds.

  • Groww Nifty 500 Low Volatility 50 ETF-Growth delivered 0.0% annual returns during the last year. It has delivered 6.7% average annual returns since the fund was launched.
  • Groww Nifty 500 Low Volatility 50 ETF-Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The scheme seeks to generate long-term capital growth by investing in securities of the Nifty 500 Low Volatility 50 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty 500 Low Volatility 50 Index, subject to tracking errors.

Top 10 Holdings

Apollo Hospitals Enterprise Ltd

3.11%

Astral Ltd

0.59%

Axis Bank Ltd

0.08%

Bajaj Finance Ltd

4.72%

Bajaj Auto Ltd

3.70%

Bajaj Finserv Ltd

4.15%

Bata India Ltd

0.25%

Berger Paints India Ltd

0.65%

Britannia Industries Ltd

3.38%

Zydus Lifesciences Ltd

0.74%

Fund Managers

  1. Nikhil Satam (May 2025 - Present)
  2. Aakash Ashokkumar Chauhan (May 2025 - Present)
  3. Shashi Kumar (May 2025 - Present)

Key Information

View Scheme Document

Groww Nifty 500 Low Volatility 50 ETF-Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Groww Nifty 500 Low Volatility 50 ETF-Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Groww Nifty 500 Low Volatility 50 ETF-Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Groww Nifty 500 Low Volatility 50 ETF-Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions