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Groww Money Market Fund attracts conservative investors as subscription closes
Groww’s Money Market Fund, closing today, saw rising interest from conservative investors seeking stability through high-quality short-duration money market instruments amid global uncertainty.
The Groww Money Market Fund, scheduled to close its subscription window today, continued to draw attention from conservative investors seeking predictable returns and high quality short-duration holdings. The scheme focuses on money market instruments with strong credit profiles, aiming to provide liquidity and stability during a period marked by global macro uncertainty. Analysts noted that its positioning aligns with rising interest in low-volatility investment options as households rebalance portfolios ahead of potential rate movements.
Market trackers expect steady participation, given the increasing shift toward structured short-term categories.