Groww Mutual Fund Launches Small Cap Fund: High Returns, High Risk?

• Groww Mutual Fund introduces an open-ended Small Cap Fund, investing primarily in small-cap company shares.
• New Fund Offer (NFO) is open for subscription from January 8 to January 22, aiming for long-term investor returns.
• The fund utilizes the QGaRP framework for stock selection, benchmarking against Nifty Smallcap 250 Index-TRI; Anupam Tiwari is the fund manager.
• Minimum investment is 500 rupees; a 1% exit load applies if redeemed within one year.
• Small-cap funds carry higher volatility and risk, suitable for long-term investors willing to take on risk; financial advisor consultation is recommended.

Why It Matters: Groww MF launches a high-risk, high-reward Small Cap Fund for long-term investors.