Groww Launches Metal & Multi-Asset Funds

Groww Mutual Fund has unveiled two new passive investment vehicles, the Groww Nifty Metal ETF and the Groww Multi Asset Omni FOF. The subscription period for these new fund offers (NFOs) commenced and is set to conclude on December 17. Investors looking to participate in these offerings will find them available for continuous trading and repurchase starting January 1, 2026.

The Groww Nifty Metal ETF focuses on tracking the Nifty Metal Index, providing exposure to major Indian metal and mining companies. This fund aims for long-term capital growth by mirroring the index's performance, with investments primarily allocated to index constituents and a small portion to money market instruments.

Complementing this, the Groww Multi Asset Omni FOF offers a diversified strategy by investing across equity-oriented schemes, debt-oriented schemes, and Gold & Silver ETFs. Its objective is capital appreciation and income generation through a mix of asset classes, aiming for a balanced risk-return profile.