Archive · 2 Jun 2025
Mutual Funds Make Strategic Changes to Investment Options
Two mutual fund companies are making changes to their investment offerings.
Franklin Templeton is changing its Multi-Asset Fund to focus on debt-oriented and arbitrage funds, aiming for stable returns.
Investors can choose to exit without fees.
Simultaneously, Groww Mutual Fund launched a new ETF called the Nifty 500 Low Volatility 50 ETF.
This ETF is designed to let investors invest in stocks with less price fluctuation.
The ETF tracks an index of the 50 least volatile stocks from a larger market index.
This approach is intended to provide a way to reduce risk while still giving investors exposure to the stock market, and targets moderate risk investors with a long-term view.
Franklin Templeton's Multi-Asset Fund will be renamed and its investment strategy will change.
The Franklin Templeton fund will primarily invest in debt-oriented and arbitrage funds.
Investors can exit the Franklin Templeton fund without a fee from June 4 to July 3, 2025.
Groww Mutual Fund launched a Nifty 500 Low Volatility 50 ETF.
The Groww ETF tracks an index of 50 low-volatility stocks.
- Who
- Franklin Templeton and Groww Mutual Fund
- What
- Franklin Templeton renames and changes its investment strategy for a fund and Groww Mutual Fund launches a new ETF.
- When
- The Franklin Templeton changes are effective July 4, 2025; Groww ETF launched July 29, 2024.
- Where
- India
- Why
- Franklin Templeton aims for stable returns and align with investor preferences. Groww offers low-volatility stock exposure.
- Franklin Templeton Fund Name Change Effective Date
- July 4, 2025
- Franklin Templeton Fund New Name
- Franklin India Income Plus Arbitrage Active FoF
- Franklin Templeton Fund Exit Load-Free Period
- June 4 to July 3, 2025
- Groww ETF NFO Period
- July 29, 2024 to August 2, 2024
- Groww ETF Manager
- Mukesh Kumar Gupta
- Groww ETF Risk Appetite
- Moderate
