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Groww Mutual Fund has launched Groww Arbitrage Fund, an open-ended equity scheme investing in arbitrage opportunities. The NFO opens for subscription on April 08, 2026 and closes on April 22, 2026. The Entry Load is not applicable and Exit load is nil for the scheme. The minimum subscription amount is Rs 500 and in multiples of Re. 1/-thereafter for purchase and switch-in.

The performance of the Scheme will be benchmarked with Nifty 50 Arbitrage TRI and its fund managers are Paras Matalia, Shashi Kumar and Wilfred Gonsalves.

The investment objective of the scheme is to generate long term growth of capital by predominantly investing in arbitrage opportunities present between the cash and derivative markets, as well as within the derivative segment, complemented by investments in debt securities and money market instruments.