Groww MF launches India's first non-cyclical index fund: Should you invest?
Thu, May 2, 2024 12:25 PM

Groww MF launches India's first non-cyclical index fund: Should you invest?

A Flip by Riya Sharma
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Groww Mutual Fund (MF) on Thursday (May 2) launched the Nifty Non-Cyclical Consumer Index Fund. This marks the inception of India’s first non-cyclical index fund. The scheme is aimed at securing long-term capital appreciation through strategic investments in equity and equity-related instruments. The new fund offer (NFO) of the scheme will be available for subscription till May 16.

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