India, April 29 -- Groww Mutual Fund has launched a new Open Ended Growth scheme named "Groww Silver ETF FOF" with maturity period of 0 days from the launch date.

The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from May 02 to May 16, 2025.

According to the offer document filed with SEBI, the entry load is Nil and exit load is 1.

The minimum application amount is Rs 500.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW, IDCW-Reinvestment.

The fund manager of the scheme will be Wilfred Gonsalves, while the performance of the scheme will be benchmarked against .

The investment objective of the Scheme is to seek to provide retu...