Groww Mutual Fund continues to bet on niche ETFs, says sector themes offer lower-risk alternative to stock...

Groww Mutual Fund launched a Cement ETF, part of a strategy to cater to India's growing base of direct equity investors.

CEO Varun Gupta said sector themes like the Cement ETF offer a lower-risk alternative to individual stock picking.

The fund house continues to bet on niche ETFs, targeting investors who understand sectors but may underestimate the risks of concentrated stock bets.