Fundalysisby DARKHORSESTOCKS

Scheme

IB27 Groww Gold ETF

Holds 1 companies worth ₹446 Cr in Sept 2026.

  • Fund house

    GROWWThe fund house that runs this scheme.

  • AUM

    ₹457 CrIB27 Groww Gold ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 1.7% on Aug 2026, ₹465 Cr.

  • Largest holding

    Gold CommodityGold Commodity is 97.5% of this scheme's NAV.

  • Fund manager

    Wilfred GonsalvesRuns it since 22 Oct 2024, as the fund house dates it. With Ameya Sakpal (co-manager).

Overview(21 Sept 2026)

Fund managers2

  1. Wilfred GonsalvesFund manager · Oct 2024 · 7y · CA B.Com
  2. Ameya SakpalCo-manager · Jun 2026 · 3y · MBA B.E.

    Key facts

    Benchmark
    Domestic Price of Physical Gold
    Risk
    Very High
    Expense
    Regular 0% · Direct 0.71%
    Exit load
    Nil
    Started
    22 Oct 2024
    Minimum
    ₹500

    Source.Its Scheme Summary Document as of 21 Sept 2026 at AMFI.

    What changed(5 changes)

    Jun 2026

    1 change
    1. Ameya Sakpal joined
      30 Junas co-manager

    May 2026

    2 changes
    1. Riskometer
      31 MayHigh → Very High
    2. Expense ratio
      9 MayDirect 0.67% → 0.71%

    Mar 2026

    1 change
    1. Expense ratio
      9 MarDirect 0.51% → Regular 0% · Direct 0.67%

    Source.Its filings at NSE, since Nov 2024.

    Fund managers over time(Oct 2024 – now)

    1. Wilfred Gonsalves
    2. Ameya Sakpal
    MainCoSlice20252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Mar 2025 – Sept 2026)

    Every change to the expense ratio, newest first.
    3 changesRegularDirectΔ pt
    9 May 20260.00%0.71%0.04
    9 Mar 20260.00%0.67%0.16
    7 Mar 2025–0.51%–
    Direct plan, 9 May 2026
    0.71%
    Regular plan 0.00% · Exit load nil
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(21 Sept 2026)

    Objective

    The investment objective of the scheme is to generate returns corresponding to the Domestic Price of Physical Gold before expenses, subject to tracking errors, fees and expenses by investing in Physical Gold. There is no assurance or guarantee that the investment objective of the scheme would be achieved.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    High
    Type
    ETF
    Benchmark
    Domestic Price of Physical Gold

    Asset allocation it may hold% of NAV

    1. Gold (Includes Physical Gold and other Gold related instruments as permitted by SEBI from time to time)
      Allowed95–100%Holds97.5%
    2. Debt & Money Market Instruments including units of Mutual Funds
      Allowed0–5%

    Holds in Sept 2026.2.5% debt and cash · 97.5% gold and silver

    How to invest(21 Sept 2026)

    Buying

    To start
    ₹500, then re.1

    Selling and switching

    Scheme details(21 Sept 2026)

    What it is

    Category
    Other Schemes > Equity Exchange Traded Fund (ETF)
    Offer
    7 Oct 2024 to 18 Oct 2024
    Started
    22 Oct 2024
    Reopened
    23 Oct 2024
    Face value
    ₹1
    Listed
    NSE

    How it is run

    Custodian
    SBI.
    Auditor
    S.R. Batliboi & Co. LLP
    Registrar
    KFin Technologies Limited
    SEBI code
    GROW/O/O/GET/24/09/0020