Investors aiming to tap into consumer funds would find it more sensible to opt for an established scheme with a proven track record. Further, whether excluding cyclical consumption themes would enhance performance and minimise volatility remains uncertain.
Groww Mutual Fund announced the launch of the Groww Nifty Non-Cyclical Consumer Index Fund. The scheme opened for public subscription on May 02, 2024, and will close on May 16, 2024.