Groww MF Launches Internet ETF to Tap into India’s Digital Boom

The recent launch of Groww Nifty India Internet ETF NFO had opened its subscription on June 13th and will close on June 27th, 2025, bets on India's expanding digital economy.

Did you know that it is the country's first exchange-traded fund tracking the Nifty India Internet Index- Total Returns Index (TRI).

The Groww Mutual Fund has outlined this new fund offer as the rationale behind the product and its relevance for long term investors.

Likewise, Groww Asset Management Company's CEO, Varun Gupta, said that the current phase of India's internet economy marks a sweet spot- early enough to provide long-term upside, yet backed by real revenues and established business models.

The fund has been designed to give investors a simple and cost-effective way to tap into this growth trend.

Unlike traditional sectoral funds that limit exposure to one industry, the Nifty India Internet Index includes a diverse mix of companies unified by their internet-led value creation.

This cross-sector approach, Gupta explained, is what differentiates the fund. The index includes companies where the internet is central to their operations, whether in commerce, services, or consumer engagement.

Groww MF believes the index offers a more scalable and sustainable long-term opportunity than conventional sector-based strategies. The theme, according to the fund house, is closely aligned with India’s ongoing economic digitalisation, which is expected to influence a growing range of consumption and service models.

Now, if you look from an investor's perspective, the Groww Nifty India Internet ETF is positioning itself as a Thematic Mutual Fund opportunity with a long-term investment scope.

Groww MF urges SIP investors to stay patient and disciplined, recommending a 5–10 year horizon to ride out thematic fund volatility and maximize compounding gains. The NFO is drawing buzz from young, digital-savvy retail investors, though it’s too early to measure total demand. A FoF (Fund of Funds) variant offers access via traditional mutual fund platforms.