Groww Mutual Fund has received approval from the Securities and Exchange Board of India (SEBI) to launch the "Groww Nifty Non-Cyclical Consumer Index Fund". This will be India's first index fund tracking the Nifty Non-Cyclical Consumer Index, focusing on sectors like FMCG and textiles.
📚 Test Your Knowledge:
Which mutual fund house recently received SEBI approval to launch India's first Nifty Non-Cyclical Consumer Index Fund?
Correct Answer: Groww Mutual Fund