It won't grind flutes? As in end mill flutes?
I guess I should also have pointed out that this tool holder is for grinding the ENDS of end mills and lathe tools and some other tools that you can figure out how to hold in it. an adapter to hold slitting saws and other milling cutters must be made to do the job. It may be a simple device to make the tool fit this tool holder or a completely separate attachment. but adapters Will be required.