| Launch date | 16 Oct 2024 |
| Allotment date | 07 Nov 2024 |
| End date | 30 Oct 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.23%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 30 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within two years, returns are taxed as per your Income Tax slab. If you redeem after two years, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Wilfred Peter GonsalvesOct 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #41 in India |
|---|---|
| Total AUM | ₹2,509.32Cr |
| Date of Incorporation | 10 Apr 2008 |
|---|
Groww Gold ETF FOF Direct Growth is a Commodities Mutual Fund Scheme launched by Groww Mutual Fund. This scheme was made available to investors on 10 Apr 2008. Wilfred Peter Gonsalves is the Current Fund Manager of Groww Gold ETF FOF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,509 Cr and the Latest NAV as of 28 Oct 2025 is ₹14.41. The Groww Gold ETF FOF Direct Growth is rated High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. Exit load of 1%, if redeemed within 30 days. ;
Investment Objective
The scheme seeks to provide returns that are in line with returns provided by Groww Gold ETF. ;
| Fund benchmark | Domestic Price of Gold |
|---|