About us
Groww BSE Power ETF
ETF
Very High Risk
NFO Opening date
18 Jul 2025
End date
02 Aug 2025
Scheme re-opens on or before
18 Aug 2025
What is the Groww BSE Power ETF?
Groww BSE Power ETF is a passive exchange-traded fund that aims to track the performance of the BSE Power Index – TRI by investing in its constituent stocks in the same proportion. The fund seeks to offer investors access to India’s evolving power sector — including companies involved in power generation, transmission, utilities, and energy infrastructure.
About the BSE Power Index¹
The BSE Power Index is designed to track the performance of companies across India’s power sector — including generation, transmission, integrated utilities, and energy infrastructure. The index aims to reflect the structural evolution of the sector over time.
Understanding the Index
Selection universe
Companies from the BSE 500 classified under heavy electrical equipment, power generation, integrated power utilities, and transmission, as per BSE’s sector definitions.
Weighting
Based on float-adjusted market capitalization of eligible constituents.
Review frequency
Reconstituted semi-annually in June and December to reflect changes in sector structure and stock eligibility.
Why consider?
Rising power consumption across the economy²
Rising industrial activity, urbanisation, and universal electrification are expected to drive future electricity demand.
Improving power availability and export readiness³
Peak deficit reduced from 4.2% (FY14) to 0.1% (FY25); India exported USD 1.5 Bn worth of power in 2023.
Policy reforms driving infrastructure investment⁴
₹26 Lakh Cr worth of power-related projects are planned under the National Infrastructure Pipeline — spanning generation to distribution.
Clean energy capacity expanding rapidly⁵
The focused shift toward clean energy is creating long-term opportunities across solar, wind, and other renewables.
Emerging tech as an electricity demand multiplier⁶
Widespread adoption of EVs, data centres, and AI infrastructure are expected to boost future electricity demand.
Index companies showing stronger fundamentals⁷
The BSE Power Index constituents have seen their revenues nearly double and net profits triple between 2020 and 2024, reflecting stronger business fundamentals.
Who may consider this ETF?
Investors seeking long-term capital appreciation
Those looking for exposure to India’s power sector through a passive strategy
Minimum investment amounts
Minimum SIP investment
Not available
Minimum Lumpsum investment
₹500
Expense ratio, exit load and tax
Unit Price
Offer for Sale of Units at ₹10 during NFO period
Total Expense ratio:
upto 1.00%
Exit load
Nil
Stamp duty on investment: 0.005%
from July 1st 2020
Tax implication:
Returns are taxed at normal rate of tax applicable to the assessee, if you redeem before 1 year. After 1 year, you are required to pay LTCG Tax of 12.5% on returns of more than ₹1Lakh in a financial year
Fund management
Nikhil SatamJul 2025 - PresentView details
Nikhil Satam
Jul 2025
- Present
View details
About
Mr. Nikhil Satam has over 8 years of work experience in the financial services industry. Since June 2023, he has been working as an Equity dealer in existing equity schemes of Groww Asset Management Ltd. (Groww AMC), wherein he handles all active and passive scheme dealings. Additionally, he is also working as a backup Fund Manager for passive schemes. Prior to joining Groww AMC, he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd). Earlier, he worked with Motilal Oswal and Kotak Securities as an Equity Dealer.
Aakash Ashokkumar ChauhanJul 2025 - PresentView details
Aakash Ashokkumar Chauhan
Jul 2025
- Present
View details
About
Mr. Aakash Ashokkumar Chauhan has an overall 6 years of experience in the Financial Sector. Prior to joining Groww Asset Management Ltd., he was associated with Trust Mutual Fund, Mirae Asset Capital Markets (India) Pvt Ltd. & BP Wealth Pvt Ltd.
Shashi KumarJul 2025 - PresentView details
Shashi Kumar
Jul 2025
- Present
View details
About
Mr. Shashi Kumar has an overall 17 years of experience in the Insurance Sector. Prior to joining Groww Asset Management Ltd., he was associated with Bharti Axa Life Co. Ltd. & Canara HSBC Life Insurance Co. Ltd.
Investment objective
The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the BSE Power Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of the BSE Power Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Fund benchmark
BSE Power Index - TRI
Type of Scheme
An open-ended scheme replicating/tracking BSE Power Index - TRI
Riskometer
This product is suitable for investors who are seeking*
• Long-term capital appreciation
• Investment in equity and equity-related instruments of the BSE Power Index
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Scheme Riskometer
Investors understand that thier principal will be at Very High Risk
Benchmark Riskometer - BSE Power Index - TRI
The Benchmark is at Very High Risk
*The product labelling assigned during the New Fund Offer is based on internal assessment of the Scheme Characteristics or model portfolio and the same may vary post NFO when actual investments are made.
Downloads
SID - Groww BSE Power ETF
KIM - Groww BSE Power ETF
Disclaimer
Source 7: Ace Equity, July 08, 2025
Please consult your financial advisor before investing.
Views expressed herein, involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied herein. Stocks/Sectors/Views should not be construed as an investment advice or a research report or a recommendation by Groww Mutual Fund ("the Fund") / Groww Asset Management Limited (AMC) to buy or sell the stock or any other security. The sector(s) mentioned in this document do not constitute any recommendation of the same and the Fund may or may not have any future position in these sector(s). There is no assurance of any returns/capital protection/capital guarantee to the investors in above mentioned Schemes. The investment approach other data mentioned herein are dated and proposed to be followed by the scheme and the same may change in future depending on market conditions and other factors. The AMC/ trustee/sponsor/group companies shall have no responsibility/liability whatsoever for the accuracy or any use or reliance there of such information.
Groww BSE Power ETF (the "Product") is/are not sponsored, endorsed, sold or promoted by AIPL or BSE. None of AIPL or BSE makes any representation or warranty, express or implied, to the owners of the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product particularly or the ability of the Index to track general market performance. Please read the full Disclaimers in the Offer Document/Prospectus/Information Statement.
It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Draft Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the "Disclaimer Clause of NSE".
Mutual funds investments are subject to market risks, read all scheme related documents carefully
Min. Lumpsum amount
₹500
