Groww Gold ETF FOF
Fund of Funds Scheme (Domestic) · Groww Asset Management Limited
Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹83,460. Expect meaningful ups and downs on the way.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.Groww Gold ETF FOF is a fund of funds scheme (domestic) from Groww Asset Management Limited. It has a track record of about 1.9 years. As of the latest data it carries an RS rating of 62/99 (its recent momentum versus category peers). The current NAV is ₹18.52 (as of 2026-09-16).
Growth of ₹100 - last 2 years
Groww Gold ETF FOF returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -0.13% | -2.76% |
| 3 months | 0.57% | -1.36% |
| 6 months | -2.34% | 4.45% |
| 1 year | 35.52% | 22.36% |
Its trailing one-year return is 35.52%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | Groww Gold ETF FOF | Benchmark |
|---|---|---|
| 2025 | +69.8% | n/a |
| 2026 | +12.7% | n/a |
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -16.54% | -22.91% |
| Worst drawdown (3Y) | -16.54% | -24.14% |
| Volatility (1Y) | 32.93% | 28.95% |
| Sharpe (3Y) | 1.41 | 0.64 |
| Bull-market return | 69.6% | 44.83% |
| Bear-market return | 39.5% | 0.68% |
Timing matters more than people admit: the best possible 1-year stretch in Groww Gold ETF FOF (starting 2025-01-28) gained 93.8%, while the worst (starting 2025-09-12) still made 34.1%. The worst peak-to-bottom fall Groww Gold ETF FOF has ever put investors through is -16.54% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about 39.5% annualised, versus 69.6% in rising markets.
How Groww Gold ETF FOF behaves when markets fall
When the market is falling (the Nifty below its 200-day average), Groww Gold ETF FOF has historically returned about 39.5% annualised, versus roughly 69.6% when the market is rising. Its deepest fall on record is -16.54%. Right now it sits about 10.05% below its all-time high (last hit 2026-03-02). The real question isn't the average year - it's whether you could hold on through the worst one.
How Groww Gold ETF FOF ranks in its category
Percentile versus its ~64 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
Rolling-return data isn't available for this fund yet.
Who manages Groww Gold ETF FOF - and how good are they?
Groww Gold ETF FOF is managed by Wilfred Gonsalves and Ameya Sakpal. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Wilfred Gonsalves's full record
Wilfred Gonsalves currently runs 8 funds, across Aggressive Hybrid Fund, Fund of Funds Scheme (Domestic), Gilt Fund, Liquid Fund and more, with about ₹697 Cr under management. The book's average King Score is 80.0/100. Their strongest fund by King Score is Groww Short Term Fund (formerly known as Indiabulls Short Term Fund) (94/100); Groww Gold ETF FOF ranks #5 of 8 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Groww Short Term Fund (formerly known as Indiabulls Short Term Fund) | 99 | 94 | 1.6% | 3.3% | 5.8% | 7.5% | 6.2% | 6.6% | 1.0 | 7.2% | -1.2% |
| 2 | Groww Liquid Fund ( formerly known as Indiabulls Liquid )Fund | 92 | 86 | 1.7% | 3.4% | 6.6% | 7.0% | 6.3% | 6.1% | 1.32 | 6.9% | -0.2% |
| 3 | Groww Aggressive Hybrid Fund (formerly known as Indiabulls Equity Hybrid Fund) | 54 | 60 | 0.2% | 2.0% | -1.8% | 8.3% | 8.1% | n/a | 0.17 | 14.0% | -28.2% |
| 4 | Groww Silver ETF FOF | 79 | n/a | -8.8% | -7.6% | 72.7% | n/a | n/a | n/a | 1.35 | n/a | -34.3% |
| 5 | Groww Gold ETF FOF (this page) | 62 | n/a | 0.6% | -2.3% | 35.5% | n/a | n/a | n/a | 1.41 | n/a | -16.5% |
| 6 | Groww Gilt Fund | 34 | n/a | 0.6% | 1.2% | 1.6% | n/a | n/a | n/a | -1.64 | n/a | -3.9% |
| 7 | Groww Money Market Fund | n/a | n/a | 1.8% | 3.1% | n/a | n/a | n/a | n/a | n/a | n/a | -0.1% |
| 8 | Groww Multi Asset Omni FOF | n/a | n/a | 0.4% | 7.5% | n/a | n/a | n/a | n/a | n/a | n/a | -10.6% |
Ameya Sakpal's full record
Ameya Sakpal currently runs 2 funds, across Fund of Funds Scheme (Domestic), with about ₹215 Cr under management.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Groww Silver ETF FOF | 79 | n/a | -8.8% | -7.6% | 72.7% | n/a | n/a | n/a | 1.35 | n/a | -34.3% |
| 2 | Groww Gold ETF FOF (this page) | 62 | n/a | 0.6% | -2.3% | 35.5% | n/a | n/a | n/a | 1.41 | n/a | -16.5% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.12% |
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹500 |
| Fund size (AUM) | ₹121 Cr |
| Age | 1.9 years |
| Plan / Option | Direct · Growth |
How Groww Gold ETF FOF compares to peers
| Fund | RS | King | 3Y CAGR |
|---|---|---|---|
| Aditya Birla Sun Life Silver ETF FOF | 90 | 66 | 44.9% |
| Invesco India Gold ETF Fund of Fund | 71 | 46 | 35.2% |
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
Groww Gold ETF FOF review: the bottom line
Related
Frequently asked questions
Is Groww Gold ETF FOF a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Groww Gold ETF FOF scores RS 62/99 within its category, and its worst drawdown was -16.54%. Compare those against your needs and the peer table above.
What is the NAV of Groww Gold ETF FOF today?
The latest NAV is ₹18.52 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of Groww Gold ETF FOF?
The Direct-plan expense ratio is 0.12% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of Groww Gold ETF FOF?
Groww Gold ETF FOF is managed by Wilfred Gonsalves; Ameya Sakpal.
Is Groww Gold ETF FOF safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -16.54% - ₹1 lakh briefly becoming about ₹83,460. As a gold & silver fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is Groww Gold ETF FOF tax-efficient / what about capital gains?
As a gold & silver fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See Groww Gold ETF FOF live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.