Groww Mutual Fund launches Groww Silver ETF FOF

NFO period: 30^th April - 06^th May, 2025

Highlights of the NFO:

• Scheme type - An open-ended fund of fund scheme investing in units of Groww Silver ETF.


• Investment objective - The investment objective of the Scheme is to seek to provide returns that are in line with returns provided by Groww Silver Exchange Traded Fund. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.


• Product suitability - This product is suitable for investors who are seeking long term capital appreciation. Investment predominantly in units of Groww Silver ETF.


• 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. Wilfred Gonsalves


• Benchmark - Domestic Price of Physical Silver (based on London Bullion Market association (LBMA) silver daily spot fixing price)