New offerings from Groww Mutual Fund aim to give investors cost-effective midcap exposure through Nifty Midcap 150 index tracking. The schemes, open until November 11, 2025, combine simplicity with low tracking error and minimal expenses. Fund managers said the launch follows growing preference for passive investing in India’s midcap segment. Advisors expect retail traction as benchmark-driven products gain credibility amid declining active-fund alpha. The funds focus on diversification and transparency, positioning Groww to capture new flows in the expanding ETF ecosystem.