The Groww Gold ETF, managed by Groww Mutual Fund, aims to mirror the Domestic Price of Physical Gold, providing a passive investment avenue focused on gold returns before expenses.

Utilizing a passive investment strategy, this ETF closely tracks the Domestic Price of Physical Gold, ensuring minimal tracking errors while investing predominantly in physical gold assets.

The portfolio is highly concentrated, with 97.16% allocated to physical gold, reflecting a strong focus on gold as a primary asset, complemented by a small allocation to net current assets.

Over the past year, the fund has delivered an impressive return of +56.4%, showcasing significant performance in a bullish gold market, although longer-term CAGR metrics are not available.

With an AUM of ₹117.5 Cr and an expense ratio of 0.51%, the fund remains cost-efficient, while Mr. Wilfred Gonsalves, with seven years of experience, manages the fund since October 2024.