Mumbai, Feb. 17 -- Groww Mutual Fund has launched two passive investment schemes - the Groww BSE Hospitals ETF and the Groww BSE Hospitals ETF Fund of Fund (FOF) - providing investors with targeted exposure to India's organised hospital sector through the BSE Hospitals Index. The new fund offer (NFO) for both schemes is currently open and will close on February 25, with allotment scheduled for 5 March 2026.

The Groww BSE Hospitals ETF is an open-ended exchange traded fund that seeks to track the BSE Hospitals Index - Total Return Index (TRI) by investing in index constituents in the same proportion, subject to tracking error. The Groww BSE Hospitals ETF FOF, meanwhile, is an open-ended fund of fund scheme that will invest in units of the...