Groww Mutual Fund has launched two new passive investment products aimed at providing focused exposure to India’s hospital sector through the BSE Hospitals Index.
The offerings include the Groww BSE Hospitals ETF and the Groww BSE Hospitals ETF Fund of Funds, both designed to mirror the performance of the index that tracks listed companies operating in the organised hospital space.
The ETF replicates the benchmark index by holding constituent stocks in the same weightage, allowing investors to participate in the overall performance of the hospital segment without picking individual stocks. The Fund of Funds variant primarily invests in units of the underlying ETF, providing an alternative access route for investors who prefer the mutual fund format rather than direct exchange trading.
The new fund offer period for both schemes opens today and closes on February 26, 2026, with a minimum investment of Rs 500, making the products accessible to a wide range of investors. The launch is aimed at capturing opportunities arising from structural growth drivers in India’s healthcare sector, including rising healthcare expenditure, expanding insurance coverage, and increasing demand for organised hospital services.
The move highlights growing investor interest in sector-specific passive strategies, offering transparency, diversification, and cost efficiency. By tracking a dedicated hospital index, these products provide targeted exposure to a niche but rapidly expanding segment of the healthcare industry, reflecting broader long-term trends in India’s evolving healthcare ecosystem.