Is Groww Nifty 1D Rate Liquid ETF Units Exchange Traded Fund a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Groww Nifty 1D Rate Liquid ETF Units Exchange Traded Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for Groww Nifty 1D Rate Liquid ETF Units Exchange Traded Fund updated?

The Shariah compliance status of Groww Nifty 1D Rate Liquid ETF Units Exchange Traded Fund may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Where can I check the Shariah status of Groww Nifty 1D Rate Liquid ETF Units Exchange Traded Fund?

You can check the latest Shariah compliance status of Groww Nifty 1D Rate Liquid ETF Units Exchange Traded Fund on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Groww Nifty 1D Rate Liquid ETF Units Exchange Traded Fund GROWWLIQID.NS

Is Groww Nifty 1D Rate Liquid ETF Units Exchange Traded Fund Halal?

Q: Can a halal ETF like Groww Nifty 1D Rate Liquid ETF Units Exchange Traded Fund become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Shariah Compliance Analysis of GROWWLIQID.NS ETF

No. As of October 2026, Groww Nifty 1D Rate Liquid ETF Units Exchange Traded Fund (GROWWLIQID.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

GROWWLIQID.NS was created on 2024-09-24 by Groww. The fund's investment portfolio concentrates primarily on broad credit fixed income. The investment objective of the Scheme is to provide current income, commensurate with relatively low risk while providing a high level of liquidity, primarily through a portfolio of Tri-Party REPO), Repo in Government Securities, Reverse Repos and similar other overnight instruments.

GROWWLIQID.NS Shariah Compliance

As of October 2026, Groww Nifty 1D Rate Liquid ETF Units Exchange Traded Fund is classified as not halal.

NOT HALAL

Groww Nifty 1D Rate Liquid ETF Units Exchange Traded Fund (GROWWLIQID.NS) Chart

Fetching Price Chart...