COMPARE
Groww Gold ETF FOF - DIRECT - GROWTH vs JioBlackRock Income Plus Arbitrage Omni FOF - Direct Plan - Growth Option
Groww Gold ETF FOF and JioBlackRock Income Plus Arbitrage Omni FOF are both in the FoF Domestic category, from Groww Asset Management Limited and Jio BlackRock Asset Management Private Limited respectively. See the full table and FAQ below for the complete real-data comparison.
Basics
| Groww Gold ETF FOF - DIRECT - GROWTH | JioBlackRock Income Plus Arbitrage Omni FOF - Direct Plan - Growth Option | |
|---|---|---|
| Category | FoF Domestic | FoF Domestic |
| AMC | Groww Asset Management Limited | Jio BlackRock Asset Management Private Limited |
| Benchmark | Domestic Gold Price (GOLDBEES) | - |
| NAV | ₹17.091 (2026-10-30) | ₹10.0126 (2026-10-30) |
| AUM | ₹127.991 Cr | - |
| Expense Ratio (Direct) | 0.14% | - |
| Inception | 2024-10-16 | 2026-10-05 |
Returns
This is a fund of funds. Its returns come from the schemes it holds, which report their own histories.
Risk Metrics
This is a fund of funds. Its risk profile belongs to the schemes it holds, not to a benchmark of its own.
Portfolio Analytics
Punji Fund Health Score
Frequently asked questions
Why don't Groww Gold ETF FOF and JioBlackRock Income Plus Arbitrage Omni FOF show risk metrics like Sharpe ratio or alpha?
This is a fund of funds. Its risk profile belongs to the schemes it holds, not to a benchmark of its own. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which fund has a longer track record, Groww Gold ETF FOF or JioBlackRock Income Plus Arbitrage Omni FOF?
Groww Gold ETF FOF launched on 2024-10-16, making it older than JioBlackRock Income Plus Arbitrage Omni FOF (launched 2026-10-05). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-11-01. Source: AMFI disclosures via Punji. Not investment advice.