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Q:

Which asset management company has recently launched India's first Nifty Non-Cyclical Index Fund?

  • 1
    NFO
  • 2
    GROW Mutual Fund
  • 3
    SIP
  • 4
    Savings Mutual Fund
  • Show Answer
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Answer : 2. "GROW Mutual Fund"
Explanation :

Groww Mutual Fund recently launched India's first Nifty Non-Cyclical Consumer Index Fund. This mutual fund aims to achieve long-term capital growth by investing in securities from the Nifty Non-Cyclical Consumer Index (TRI), which consists of 30 companies less affected by economic volatility.

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