Groww Gold ETF FOF Fund Direct Growth

Groww Gold ETF FOF Fund Direct Growth

Others

Direct

Sector - Precious Metals

NAV as on 12-12-2024

₹ 9.93

0.6%

1D

Inception Returns

-0.7%

/yr

About Groww Gold ETF FOF Fund Direct Growth

Groww Gold ETF FOF Fund Direct Growth is a hybrid fund. This fund was started on 5 November, 2024. The fund is managed by . This fund gives you the benefit of diversification.

Key Parameters

  1. Groww Gold ETF FOF Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.

Returns

Groww Gold ETF FOF Fund Direct Growth has given a CAGR return of -0.70% since inception.

Holdings

Groww Gold ETF FOF Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are

Taxation

As it is a sector - precious metals mutual fund the taxation is as follows:
Unknown asset type.

Investment objective of Groww Gold ETF FOF Fund Direct Growth

The investment objective of the Scheme is to seek to provide returns that are in line with returns provided by Groww Gold ETF. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Groww Gold ETF FOF Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
832 people have invested ₹ 25.7L in Groww Gold ETF FOF Fund Direct Growth in the last three months

Groww Gold ETF FOF Fund Direct Growth Overview

Expense ratio--
Benchmark
Domestic Price of Gold TR INR
AUM₹0 Cr
Inception Date5 November, 2024
Min Lumpsum/SIP₹500/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
High Risk

Trailing Returns

as on (12-Dec-24)

Period
Groww Gold ETF FOF Fund Direct Growth
Gold Price
1M
4.1%
4.9%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 6.6%

Sector Allocation

Oct'24

Sep'24

0
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Fund House
Groww Asset Management Ltd.
Total Schemes
Total AUM
₹1.85K Cr
as on 31-Oct-2024
Address
Floor 12 A, Tower 2 A, One World Centre,,Jupiter Mills Compound Senapati Bapat Marg,Mumbai,Maharashtra
Phone
8050180222
Website
support@growwmf.in

Frequently Asked Questions for Groww Gold ETF FOF Fund Direct Growth

The current NAV of Groww Gold ETF FOF Fund Direct Growth is ₹9.93 as on 12-Dec-2024.
Existing (Absolute + CAGR) as on 12-Dec-2024.
Groww Gold ETF FOF Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.08%
4.08%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
The Exit load of Groww Gold ETF FOF Fund Direct Growth is 1%