Groww Mutual Fund launches Groww Gilt Fund

NFO period: 23^rd April - 07^th May, 2025

Highlights of the NFO:

• Scheme type - An open ended debt scheme investing in government securities across maturity. A relatively high interest rate risk and relatively low credit risk.


• Investment objective - The objective of the Scheme is to generate credit risk-free returns by predominantly investing in sovereign securities issued by the Central Government and/or State Government(s) and/or any security guaranteed by the Government of India, and/or reverse repos in such securities as per applicable RBI Regulations and Guidelines. The Scheme may also be investing in Reverse repo, Triparty repo on Government securities or treasury bills and/or other similar instruments as may be notified from time to time.


• Product suitability - This product is suitable for investors who are seeking credit risk free returns over medium to long term. Investments mainly in government securities of various maturities.


• Minimum Application Amount - Rs. 500/- and in multiples of Re. 1/- thereafter.


• Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).


• Fund Managers - Mr. Kaustubh Sule


• Benchmark - As per AMFI Tier I benchmark CRISIL Dynamic Gilt Index