MUTUAL FUNDS
Groww MF introduces Gilt Fund
Apr-23-2025

Groww Mutual Fund has launched Groww Gilt Fund, an open-ended debt scheme investing in government securities across maturity with relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on April 23, 2025 and closes on May 07, 2025. The Entry Load is not applicable and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 500 and in multiples of Re 1.

The performance of the Scheme will be benchmarked with CRISIL Dynamic Gilt Index and its fund manager is Kaustubh Sule.

The objective of the Scheme is to generate credit risk-free returns by predominantly investing in sovereign securities issued by the Central Government and/or State Government(s) and/or any security guaranteed by the Government of India, and/or reverse repos in such securities as per applicable RBI Regulations and Guidelines. The Scheme may also be investing in Reverse repo, Triparty repo on Government securities or treasury bills and/or other similar instruments as may be notified from time to time.




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