Groww Mutual Fund launches Groww Gold ETF FOF

NFO period: 16^th October - 30^th October, 2024

Highlights of the NFO:

• Scheme type - An open-ended fund of fund scheme investing in units of Groww Gold ETF.


• Investment objective - The investment objective of the Scheme is to seek to provide returns that are in line with returns provided by Groww Gold ETF. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.


• Product suitability - This product is suitable for investors who are seeking investment predominantly in units of Groww Gold ETF Long term capital appreciation.


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


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


• Fund Managers - Mr. Wilfred Peter


• Benchmark - Domestic Price of Gold (based on London Bullion Market association (LBMA) gold daily spot fixing price).