Powered by: Motilal Oswal
2025-09-10 02:13:57 pm | Source: Accord Fintech
Groww Mutual Fund introduces Multi Asset Allocation Fund
Groww Mutual Fund introduces Multi Asset Allocation Fund

Groww Mutual Fund has launched Groww Multi Asset Allocation Fund, an open-ended scheme investing in Equity, Debt, Commodities and in units of REITs & InvITs. The NFO opens for subscription on September 10, 2025 and closes on September 24, 2025. The Entry Load is not applicable for the scheme. The Exit load will be 1% - If redeemed within 30 days from the date of allotment and Nil - If redeemed after 30 days from the date of allotment. The minimum subscription amount is Rs 500 and in multiples of Re 1 thereafter.

The performance of the Scheme will be benchmarked with Nifty 500 TRI (60%) CRISIL Composite Bond Fund Index (30%) Domestic Gold Prices (5%) Domestic Silver Prices (5%) The Trustees have adopted Nifty 500 TRI (60%) CRISIL Composite Bond Fund Index (30%) Domestic Gold Prices (5%) Domestic Silver Prices (5%) and its fund managers are Paras Matalia, Kaustubh Sule & Wilfred Gonsalves.

The investment objective of the Scheme is to achieve long-term capital appreciation by predominantly investing in equity and equity-related instruments, Debt & Money market instruments, Commodities and in units of REITs & InvITs. 

 

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here