Groww Mutual Fund has announced the launch of its Groww Multi Asset Allocation Fund, an open-ended scheme designed to invest across equity, debt, gold, and silver. The New Fund Offer (NFO) will remain open from September 10 to September 24, 2025. The fund aims to offer investors a diversified portfolio framework to potentially reduce volatility and adapt to shifting market conditions.
At the heart of the fund is SHAASTRA (Strategic Holistic Asset Allocation and Systematic Technical Risk Assessment), Groww’s in-house platform that integrates macroeconomic data, technical signals, and market trends. This system supports fund managers in taking timely allocation decisions, reducing bias, and enhancing risk management. The scheme will maintain equity exposure above 65% to qualify for equity taxation, while dynamically allocating to debt, gold, and silver depending on market scenarios.
With rising awareness of gold and silver as hedges against uncertainty, the new fund is expected to find strong traction in the city’s emerging investment market. The fund is managed by Paras Matalia, Kaustubh Sule, and Wilfred Gonsalves, with a minimum investment starting at ₹500.