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Groww Mutual Fund

AUM
₹3,741.22 cr.
No. of Schemes
127
AMC Age
17Yrs
Renowned for their innovative approach to delivering investment solutions, Groww Mutual Fund offers a range of schemes to meet varied needs of investors. Their philosophy is built upon the pillars of transparency, simplicity, consistentcy, and customer centricity.Read More

List of Top Groww Mutual Fund Schemes

Fund Name
NAV
Expenses Ratio
1y Return
3Y Returns
Risk
Fund Size (in Cr)

About Groww Mutual Fund

Groww Mutual Fund is an Asset Management Company (AMC) of the financial platform Groww. In March 2023, Groww acquired Indiabulls Housing Finance. Groww Mutual Fund started working with a simple mission of fulfilling the investment goals of investors by offering mutual funds. It offers a wide range of financial products customised to meet the various needs of its investors. They focus on identifying investment opportunities where high growth aligns with strong fundamentals. Groww Mutual Fund follows a customer-first approach, where their products are designed to meet an investor’s financial needs. Then, they focus on wealth creation. They believe in consistency over intensity. They pick securities that can easily deliver an investor with good returns to fulfil their financial needs. The firm highly believes in transparency. Groww Mutual Fund keeps their customers updated with the performance of the fund, its goals, and strategy, along with the challenges. This can help an investor make informed investment decisions. Groww Mutual Fund operates under the trusteeship of Groww Trustee Limited and is sponsored by Nextbillion Technology Private Limited. It offers a diverse portfolio containing a wide range of investment schemes, including debt funds, hybrid funds, equity funds, and ETFs.

Groww Mutual Fund Key Information

Founding dateMarch 2011
AMC Incorporation dateApril 10, 2008
Headquarters inBangalore
Name of the sponsorsNextbillion Technology Private Limited
Trustee organisationGroww Trustee Limited
MD and CEOVarun Gupta
Investor Service OfficerMr. Krishnam Thota
Compliance OfficerMr. Hemal Atul Zaveri

Groww Mutual Fund Managers

PM

Paras Matalia

Fund Manager since Aug 2023 (3 years)

AT

Anupam Tiwari

Fund Manager since Aug 2023 (3 years)

KS

Kaustubh Sule

Fund Manager since Aug 2023 (3 years)

How to Invest in Groww Mutual Fund via Angel One?

Investing in the Groww Mutual Fund is a hassle-free process when done through your Angel One account. You just have to follow these steps: Step 1: Log in to your Angel One account by entering your mobile number and validate the OTP. Next, enter your MPIN. Note: In case you do not have an account with Angel One, you can open a demat account with us in under a few minutes by submitting the necessary documents. Step 2: Determine which fund is most suited based on your needs and risk profile. You can learn more about each fund on the Angel One app. Things to consider at this stage are:

  1. Search for the fund you want to invest in or take cues from funds listed by Angel One across categories.
  2. Analyse the fund’s past performance, tax incidence, and the sectors and companies in which it invests. You can also calculate the potential returns using the calculator.
  3. Evaluate the fund’s level of risk and weigh it against your risk tolerance.
  4. Check the fund’s ratings given by reputed rating agencies. Generally, the ratings range from 1 to 5.
  5. Consider the fund’s expense ratio to get an idea about the cost of investing in it.

Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in.

  1. Decide whether you want to invest via SIP or make a one-time investment
  2. Next, decide your monthly SIP date. Now, enter the amount you want to invest and choose how you want to make the payment. UPI is the preferred mode. Alternatively, you can choose net banking
  3. After placing the order, in case of the SIP route of investment, you can create an AutoPay to make hassle-free future instalments.

Documents Required To Invest in Groww Mutual Fund

With Angel One, investing in Groww Mutual Fund is now more accessible than ever, thanks to our hassle-free and fully digital KYC process. To kickstart your investment journey, please provide the following essential documents:

  1. PAN Card Details (Mandatory)
  2. Personal Information (Full Name, Mobile Number, Email Address)
  3. Address Proof - Aadhar Card is the recommended option, including both sides.
  4. Bank Account Details, along with a cancelled cheque if necessary.
  5. Nominee details and FATCA Declarations

At Angel One, we've made the KYC verification process seamless, ensuring quick access to Groww Mutual Funds, whether you're a new or returning investor. Your financial goals are now well within reach through our user-friendly platform. Typically, the KYC process takes just 48-72 business hours, allowing you to embark on your mutual fund journey without delay.

Top Groww Mutual Funds to Invest

NameAUMCAGR 3YExpense RatioAbsolute Returns - 1Y
Groww Value Fund65.98318.540.914.07
Groww Largecap Fund129.0416.401.2114.70
Groww ELSS Tax Saver Fund50.8716.070.8510.12
Groww Aggressive Hybrid Fund49.5713.641.3810.22
Groww Short Duration Fund98.727.420.37.55
Groww Liquid Fund169.146.970.16.49
Groww Overnight Fund112.666.230.145.54
Groww Dynamic Bond Fund58.915.930.453.85

The above-mentioned schemes have been sorted as of Feb 11, 2026

Groww Value Fund

Groww Value Fund is a value-oriented equity mutual fund category. Managed by Anupam Tiwari, Saptarshee Chattergee and Gagan Thareja, it follows a value investing approach. The investment objective focuses on long-term capital appreciation by investing predominantly in undervalued stocks across market caps. 

Groww Largecap Fund

Groww Largecap Fund belongs to the large-cap equity category. It is managed by Anupam Tiwari and Saptarshee Chattergee. The objective is to generate long-term capital growth through a portfolio primarily invested in large-cap blue-chip companies.

Groww ELSS Tax Saver Fund

This is an ELSS (Equity-Linked Savings Scheme) equity fund category offering tax benefits under Section 80C. Managed by Paras Matalia and Nikhil Satam, it aims for long-term capital appreciation. Investments are made in diversified equity and equity-related securities with a 3-year lock-in.

Groww Aggressive Hybrid Fund

Groww Aggressive Hybrid Fund is an aggressive hybrid fund category (65-80% equity). Managed by Anupam Tiwari, Saptarshee Chattergee and Gagan Thareja, it seeks capital appreciation with income. The portfolio invests in equity, debt, and money market instruments. 

Groww Short Duration Fund

This falls under the short-duration debt fund category. Managed by Kaustubh Sule, it targets steady returns with moderate interest rate risk. Investments are in debt and money market securities for short-term horizons. 

Groww Liquid Fund

Groww Liquid Fund is a liquid debt fund category for very short-term parking. Managed by Kaustubh Sule, it aims for high liquidity and reasonable returns. It invests in debt, money market, and overnight securities up to 91 days maturity. 

Groww Overnight Fund

This is an overnight debt fund category with minimal interest rate risk. Managed by Kaustubh Sule, it provides high safety and liquidity. The objective is capital preservation through investments in overnight securities. 

Groww Dynamic Bond Fund

Groww Dynamic Bond Fund is a dynamic bond debt fund category. Managed by Kaustubh Sule, it seeks optimal returns by adjusting duration. Investments span debt securities across interest rate cycles.

Groww Mutual Fund FAQs

Groww Mutual Fund acquired Indiabulls Asset Management and started their operations in 2023. They have well-experienced fund managers and offer investors various mutual fund schemes to cater to every need. But prominence and returns should not be the only factor to consider when choosing a fund to invest in. Evaluating it based on factors such as risk, volatility, fund manager’s experience, and your return expectations and risk tolerance can help you choose the best fund suited for your terms.
You can start investing in Groww SIP online in several ways. One of them is through AMC’s official website. But for a seamless experience, you can do it via Angel One.
For online investments, you can redeem your units in three ways. First, via the Angel One App under the Mutual Funds section. Second, by visiting https://www.angelone.in/mutual-funds. Finally, you can also redeem your Groww Mutual Fund units by visiting AMC's website.
It takes T+2 working days to redeem Groww Mutual Fund units. On Angel One, you can see the tentative date of the transaction, which helps in planning your finances well.
Redemption charges depend on the type of mutual fund you want to sell. You can check with the AMC for more details.
You can do this in three ways - by visiting https://www.angelone.in/mutual-funds, the Angel One App or the AMC’s official website.
Getting the Groww Mutual Fund account statement is simple. Head to the Mutual Funds section in the Angel One App or visit https://www.angelone.in/mutual-funds. Alternatively, you can get the statement by visiting the AMC’s official website.
Not all schemes are tax-free. As with any other ELSS, the one offered by Groww MF also comes with tax benefits. By investing in Groww MF ELSS Funds, you can claim a tax deduction of up to ₹1.5 lakh under Section 80C every financial year.
The best Groww Mutual Fund depends on various factors personal to you (risk tolerance and return expectation) and regarding the fund’s performance (volatility, returns, risk, AUM, tracking error, and expense ratio). Choose a fund only after evaluating it based on the above factors. Also, take a look at the fund’s historical performance and how experienced the fund manager is.
Type of the fund - debt fund or equity fund Holding period - short term or long term. Note that the definition of short- and long-term depends on the type of fund Total capital gains on selling the fund Dividends received
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