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News Groww Mutual Fund launches Groww Multicap Fund
Nov 26, 2024
Mutual Fund
Groww Mutual Fund launches Groww Multicap Fund
NFO period: 26th November - 10th December, 2024
Highlights of the NFO:
- Scheme type - An open-ended equity scheme investing across large-cap, mid-cap, and small-cap stocks
- Investment objective - To achieve long-term capital appreciation by predominantly investing in equity and equity-related instruments of large, mid and small-cap companies. However, there can be no assurance that the investment objective of the scheme will be realised.
- Product suitability - This product is suitable for investors who are seeking by investing in equity and equity-related instruments across large-cap, mid-cap and small-cap stocks long-term capital growth.
- Minimum Application Amount - First investment is Rs. 100/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - Regular Plan and Direct Plan having Growth option, Payout of Income Distribution cum capital withdrawal (IDCW) option and Reinvestment of Income Distribution cum capital withdrawal (IDCW) option.
- Fund Managers - Mr. Anupam Tiwari
- Benchmark - Nifty 500 Multicap 50:25:25 Index - Total Return Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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