MUTUAL FUNDS
Groww Mutual Fund files offer document for BSE Housing Finance ETF
Jun-25-2026
Groww Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Groww BSE Housing Finance ETF’. The New Fund Offer price for units would be 1/1000th of index value as on the date of allotment for applications received during the NFO. Entry load and Exit load will be nil. The Scheme offers Growth option and Income Distribution cum Capital Withdrawal option for investment.

The performance will be benchmarked against BSE Housing Finance Index-TRI. The minimum application amount during NFO will be Rs 500 and in multiples of Re. 1 thereafter.

The investment objective of the scheme is to is to generate returns, before expenses, that are commensurate with the performance of the BSE Housing Finance Index-TRI, subject to tracking error. The index is tracked on a regular basis and changes to the constituent’s or their weights, if any, are replicated in the underlying portfolio with the purpose of minimizing tracking error.

  RELATED NEWS >>