Groww Mutual Fund
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Groww Mutual Fund

Operating under the trusteeship of Groww Trustee Limited and sponsored by Groww Invest Tech Pvt Ltd, Groww Mutual Fund offers a diverse range of investment schemes, including equity funds, hybrid funds, debt funds, and ETFs.Founded in 2017, Groww is a wealthtech startup that enables its users to invest in stocks, exchange-traded funds (ETFs), and IPOs. In 2023, Groww acquired the mutual fund business of Indiabulls Housing Finance (IBHFL). The AMC was established in 2007 and is headquartered in MumbaiGroww Mutual Fund AMC manages an Average AUM of Rs. 788.08 Cr as of June 2024.

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Details of Groww Mutual Fund

Founding DateApril 10, 2008
AddressFloor 1202A - 12A Floor, One WorldCenter, Lower Parel,Mumbai - 400013, Maharashtra
Emailsupport@growwmf.in
Telephone022-69744435

Documents Required to Invest

To invest in Groww Mutual Fund schemes, there is no physical documentation required. You need to upload the following KYC documents online:

  • Proof of Identity (PAN, Aadhaar)
  • Proof of Address (Aadhaar)

How to Invest in Groww Mutual Fund

Step 1: Download the Rupeezy App if you do not have an account.

Step 2: If you are a first-time user, you need to submit your KYC documents like PAN, Aadhaar, add personal details, and complete the account verification.

Step 3: Select Groww Mutual Fund and review the scheme list in each category.

Step 4: Assess the funds' performance and risk parameters.

Step 5: Select the appropriate category as per your financial goal and risk appetite.

Step 6: Compare the selected fund with other funds in its category using Smart Explore on a visual graph.

Step 7: Check fund portfolio overlap among all funds in your portfolio. Check the fund impact on your overall portfolio with the Impact Analysis feature.

Step 8: Select the fund, add lumpsum, or SIP, and set up payment with UPI or net banking.

Groww Mutual Fund FAQs

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