Groww files for Nifty EV & New Age Automotive FOF with SEBI

Q: How long will it take to read this news story?

The story "Groww files for Nifty EV &amp; New Age Automotive FOF with SEBI" has 400 words across 18 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Groww files for Nifty EV &amp; New Age Automotive FOF with SEBI" was covered 2 days ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 133 news stories per day. It's most recent story was published 5 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21399917</li><li>URL: https://beamstart.com/news/groww-files-for-nifty-ev-17194728043669</li></ul>

Business Standard Logo Business Standard 2d ago

Groww files for Nifty EV & New Age Automotive FOF with SEBI - Business Standard

Quick Summary:

The investment team will primarily use a top-down approach for taking interest rate view, sector allocation along with a bottom up approach for security/instrument selection.

The scheme falls under the category of Other Schemes – Exchange Traded Fund (ETF).

For SIP investments, the minimum application amount will be Rs 1,200, requiring a minimum of 12 SIP instalments of Rs 100 each for the monthly option, and four SIP instalments of Rs 300 each for the quarterly option.