MUTUAL FUNDS
Groww Mutual Fund files offer document for BSE Hospitals ETF FOF
Nov-07-2025
Groww Mutual Fund has filed offer document with SEBI to launch an open-ended fund of fund scheme named ‘Groww BSE Hospitals ETF FOF'. The offer rate will be Rs 10 per unit. Entry load and exit load will be nil. The Scheme offers growth and IDCW options for investment and minimum target subscription amount for the Scheme to be raised is Rs 10 crore.

The performance of the scheme will be benchmarked as against BSE Hospitals Index TRI. The minimum application amount is Rs 500 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to generate long-term capital growth by investing in securities of the BSE Hospitals Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of BSE Hospitals Index.

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