This is the Direct plan of Groww Gold ETF FOF — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★★☆☆3/5 vs 118 of 155 FoF Domestic peers1Y- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within FoF Domestic (same plan and option). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers. 118 of the 155 FoF Domestic funds in this cohort carry the full record the stars need, so they are the ones ranked against.
Not enough FoF Domestic peers to rank yet
Volatility 25.3% vs 17.7% category avg
0.1% expense vs 0.2% category avg
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- 1-year return (+22.85%) beats the FoF Domestic average (+12.05%)
- Low expense ratio (0.14%) vs the FoF Domestic average of 0.23%
Concerns
- More volatile than its FoF Domestic peers (25.3% vs 17.7%)
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (FoF Domestic)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -3.26% | -3.23% | -0.03% |
| 3M abs | +4.84% | -0.29% | +5.13% |
| 6M abs | -1.96% | +3.85% | -5.81% |
| 1Y CAGR | +22.85% | +12.05% | +10.80% |
| 3Y CAGR | — | +19.27% | — |
| 5Y CAGR | — | +13.20% | — |
Category average across peers in FoF Domestic (154 of 155 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 155 peers in FoF Domestic
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
12 monthly installments of ₹10,000 into Groww Gold ETF FOF, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Gold | Diff | |
|---|---|---|---|---|
| 2026part | +9.36% | +10.42% | -1.06% | |
| 2025 | +69.80% | +71.81% | -2.01% | |
| 2024part | -1.76% | — | — |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Taxation
Taxed as non-equityThis is a non-equity fund — a fund-of-funds, gold/silver, international or balanced-hybrid scheme. It isn't equity-oriented, but since FY 2025-26 it's no longer taxed like a pure-debt fund either: gains held over 2 years get the 12.5% long-term rate; shorter holdings are taxed at your income-tax slab rate.
Added to your income at your slab rate
No indexation, no ₹1.25 L exemption
Sets the short-term (slab-rate) figure above.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Other99.17%
- Cash & Equivalents0.83%
AMC Profile
Groww Mutual Fund is the asset management arm of the Groww investing platform, which acquired Indiabulls Mutual Fund in 2023 and rebranded it. The house leans towards low-cost index and passive schemes alongside a small active line-up.
Fund Managers
WGWilfred Peter GonsalvesStart date not disclosed
CA, B. Com from Mumbai University
Wilfred has over 7 years of experience in Investment Management, with a strong background in credit analysis, macroeconomics, fixed income, and gold. At Whiteoak Capital, where he worked for 1.5 years, Wilfred specialized as a dealer in Fixed Income securities and supported Gold ETF units trading. Prior to this, he served as a Fixed Income Dealer at Edelweiss Tokio Life Insurance for 3 years, where his responsibilities included Fixed Income trading and portfolio management. Additionally, at L&T Finance, Wilfred was part of the Deal Origination team for 2 years, conducting in-depth credit analysis to support investment decisions."
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- Groww Money Market Fund - Direct Plan - Growth
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ASAmeya SakpalStart date not disclosed
MBA - IIM Indore • B.E. (Mechanical) Mumbai University
Mr. Ameya Sakpal has more than 3 years of experience in the Financial Sector. Prior to joining Liquid ETF Groww Asset Management Ltd. he was associated with PNB Gilts Limited. Designation – Assistant Fund Manager and Dealer Fixed Income
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Groww in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
From the blog
Frequently asked questions
What is the NAV of Groww Gold ETF FOF?
As of 01 Oct 2026, the NAV of Groww Gold ETF FOF is ₹17.97 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Groww Gold ETF FOF delivered?
Groww Gold ETF FOF has returned +22.85% over 1 year and +37.35% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Groww Gold ETF FOF?
Groww Gold ETF FOF charges an expense ratio of 0.14% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Groww Gold ETF FOF?
Groww Gold ETF FOF's largest holdings are GROWW Gold ETF (99.2%). Holdings are disclosed monthly and change over time.
How risky is Groww Gold ETF FOF?
Groww Gold ETF FOF is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 25.3% and its worst peak-to-trough fall in our sample was -24.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Groww Gold ETF FOF?
Groww Gold ETF FOF is benchmarked against the Domestic Price of Gold. Its alpha and beta on this page are measured against that index.
Who manages Groww Gold ETF FOF?
Groww Gold ETF FOF is managed by Wilfred Peter Gonsalves and Ameya Sakpal at Groww.
How is Groww Gold ETF FOF taxed?
Groww Gold ETF FOF is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 2 years are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 2 years or less are taxed at your income-tax slab rate.