Groww MF Launches Multi Asset Allocation Fund: Key Details

Groww Mutual Fund's latest New Fund Offer (NFO) of Groww Multi Asset Allocation Fund opened for subscription on September 10, 2025, and will close on September 24, 2025. It is an open-ended fund that will invest across equity, debt, gold, silver, and real estate investment trusts (REITs) and infrastructure investment trusts (InvITs).

According to the Scheme Information Document (SID), the fund aims to generate long-term capital growth by diversifying across different asset classes to potentially reduce portfolio volatility and align with varying market conditions.

During the NFO, units will be offered at Rs 10 each. The mutual fund scheme will reopen for continuous sale and repurchase on or before October 9, 2025. Investors can start with a minimum investment of Rs 500 and make additional investments in multiples of Re 1.

According to the SID, the fund will invest between 10 and 80 per cent in equities, 10 to 80 per cent in debt and money market instruments, 10 to 50 per cent in gold, silver and commodity exchange-traded funds (ETFs) or exchange-traded commodity derivatives (ETCDs), and up to 10 per cent in REITs and InvITs.

Since, the scheme aims to maintain gross equity exposure above 65 per cent, therefore it will be taxed as equities are taxed.

Groww Multi Asset Allocation Fund Benchmark Index

For performance comparison, the fund will use a blended benchmark made up of Nifty 500 TRI (60 per cent), CRISIL Composite Bond Fund Index (30 per cent), domestic gold prices (5 per cent), and domestic silver prices (5 per cent).

The scheme will be managed by three fund managers. Paras Matalia will handle equities, Kaustubh Sule will take care of debt, and Wilfred Peter Gonsalves will manage the gold and silver portion.

Groww Multi Asset Allocation Fund Offers Both Regular And Direct Plans

Investors can choose between Regular and Direct Plans. Both the plans offer growth and Income Distribution cum Capital Withdrawal (IDCW) options. The exit load is set at 1 per cent if redeemed within 30 days of allotment. No exit load will be charged after 30 days.

Investors can start systematic investment plans (SIPs) with as little as Rs 100 daily or weekly, or Rs 500 monthly or quarterly.

Who Should Invest in Groww Multi Asset Allocation Fund

The scheme is classified as very high risk. It is suitable for investors who are looking for long-term capital appreciation and are comfortable with higher levels of risk.

The fund will decide where to invest based on market conditions and overall sentiment. Depending on the market outlook, it may allocate more funds into equities. When the outlook is weak, it may shift more into debt or gold.