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News Groww Mutual Fund launches Groww Money Market Fund
Nov 10, 2025
Mutual Fund
Groww Mutual Fund launches Groww Money Market Fund
NFO period: 10th Nov - 17th Nov, 2025
Highlights of the NFO:
- Scheme type - An open ended debt scheme investing in money market instruments. A relatively low interest rate risk and moderate credit risk.
- Investment objective - To generate regular income through investment in a portfolio comprising of money market instruments. However, there is no assurance that the investment objective of the Scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking regular income over short term. Investment in money market instruments with maturity up to one year.
- Minimum Application Amount - Rs. 500 and in multiples of Re. 1/- thereafter
- Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).
- Fund Managers - Mr. Kaustubh Sule
- Benchmark - CRISIL Money Market Index A-I
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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