Home / Business and Economy / Groww Launches Small Cap Fund Amidst India's Economic Surge
Groww Launches Small Cap Fund Amidst India's Economic Surge
7 Jan
Summary
- Groww Mutual Fund launched a new small-cap equity scheme.
- The fund targets long-term capital appreciation in scalable small companies.
- India's economic transformation is creating new business opportunities.
Groww Mutual Fund has introduced the Groww Small Cap Fund, an open-ended equity scheme designed to invest predominantly in small-cap stocks. This new fund aims to achieve long-term capital appreciation by employing a disciplined bottom-up approach, focusing on high-quality, scalable businesses identified through Groww's QGaRP framework. The fund's new fund offer (NFO) opened for subscription on January 8 and will close on January 22.
India's economy is currently experiencing a significant transformation, bolstered by enhanced physical, financial, and technological infrastructure. This evolution is creating unprecedented opportunities for businesses of all sizes. As infrastructure investment escalates, capital markets deepen, and access to formal credit improves, traditional limitations for smaller enterprises are steadily being dismantled.
The Groww Small Cap Fund offers investors a unique opportunity to gain selective exposure to India's dynamic small-cap segment. It is suitable for those with a long-term investment horizon who are comfortable with potential interim volatility. The scheme is benchmarked against the Nifty Smallcap 250 Index - TRI and managed by Anupam Tiwari, with a minimum investment starting at Rs 500.
