Groww Mutual Fund launches Groww Gold ETF

NFO period: 07^th October – 18^th October, 2024

Highlights of the NFO:

• Scheme type – An open-ended Exchange Traded Fund replicating/ tracking domestic price of Physical Gold


• Investment objective – The investment objective of the scheme is to generate returns corresponding to the Domestic Price of Physical Gold before expenses, subject to tracking errors, fees and expenses by investing in Physical Gold. There is no assurance or guarantee that the investment objective of the scheme would be achieved.


• Product suitability – This product is suitable for investors who are seeking long term capital appreciation by investing in gold in order to generate returns similar to the performance of the gold, subject to tracking errors.


• Minimum Application Amount – First investment is Rs. 500/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – This scheme does not offer any Plans/Options for investment.


• Fund Managers – Mr. Wilfred Gonsalves


• Benchmark – Domestic Price of Physical Gold