
Gilt funds are open-ended debt schemes, aiming to offer an investment option by primarily investing in government securities. With at least 80% of their total assets allocated to government bonds of various maturities, these funds aim to minimize credit risk while offering relatively low-risk returns.
(source:https://growwmf.in//)
Groww Gilt Fund NFO Details:
Mutual Fund | Groww Mutual Fund |
Scheme Name | Groww Gilt Fund |
Objective of Scheme | to generate credit risk-free returns by predominantly investing in sovereign securities issued by the Central Government and/or State Government(s) and/or any security guaranteed by the Government of India, and/or reverse repos in such securities as per applicable RBI Regulations and Guidelines. The Scheme may also be investing in Reverse repo, Triparty repo on Government securities or treasury bills and/or other similar instruments as may be notified from time to time. Please refer SID |
Scheme Type | Open Ended |
Scheme Category | Debt Scheme – Gilt Fund |
New Fund Launch Date | 23-Apr-2025 |
New Fund Earliest Closure Date | 07-May-2025 |
New Fund Offer Closure Date | 07-May-2025 |
Indicate Load Seperately | Nil |
Minimum Subscription Amount | Rs. 500 and in multiples of Re. 1 |
For Further Details Please Visit Website | https://www.growwmf.in |