Groww Non Cyclical Consumer Fund: Explained | Consumer Mutual Funds | Dhan

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📌 Groww Nifty Non-Cyclical Consumer Index Fund aims to achieve long-term capital growth by investing in securities of the Nifty Non-Cyclical Consumer Index (TRI) in the same proportion/weightage. The fund seeks to deliver returns that track the index performance, subject to tracking errors.
This fund is suitable for investors looking for long-term capital appreciation and wanting to focus on the non-cyclical consumer sector. However, thematic funds like this come with a narrow investment focus, which can limit diversification.
As with all equity investments, the SIP route is advisable for building wealth gradually over a period of five years or more.
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