Groww Mutual Fund has launched two new passive schemes — the Groww Nifty Capital Markets ETF and the Groww Nifty Capital Markets ETF Fund of Fund (FoF) — during an NFO period running from November 14 to November 28.

Both schemes aim to track the Nifty Capital Markets Index – TRI, offering investors exposure to companies operating across India’s capital-markets ecosystem.

The Groww Nifty Capital Markets ETF seeks to mirror the index by investing in its constituents in the same proportion, subject to tracking error. The FoF will invest primarily in the ETF. The products are positioned to provide access to listed brokers, exchanges, depositories, registrars, and asset-management firms that form part of India’s financial-market infrastructure.

Groww said the index represents businesses invo

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