Groww is a technologically advanced investment platform that links users to a broad selection of mutual funds. The main objective of the funds is to make investing simple, convenient, and understandable for people from different financial backgrounds. Here are a few significant features of Groww Mutual Fund:
1. Zero Commission
Groww doesn’t charge commissions or brokerage fees for purchases of mutual funds. This open strategy makes sure that undisclosed fees won’t reduce the investor’s returns.
2. Wide Fund Selection
Investors can diversify their portfolios with Groww’s access to a wide range of mutual funds, including equities funds, debt funds, hybrid funds, and more.
3. SIP and Lump Sum Investments
Depending on their interests and financial objectives, investors can select between Systematic Investment Plans (SIPs) and lump sum investments.
4. Security
Groww maintains a secure trading environment by adhering to strict security protocols to safeguard users’ financial and personal information.
Groww Mutual Fund Fund Managers Details
Four different types of fund managers, each specialized in particular asset classes, are available in Groww Mutual Funds:
1. Equity Fund Managers
These experts concentrate on managing funds that invest largely in stocks with the goal of maximizing capital growth.
2. Debt Fund Managers
Debt fund managers manage portfolios that are mostly made up of fixed-income assets with the goal of giving investors stability and a steady stream of income.
3. Commodities Fund Managers
These managers focus on funds that invest in different commodities like gold, silver, or other raw resources, providing exposure to commodity markets and diversification.
4. Passive Fund Managers
Investors have a low-cost, passive investment alternative thanks to the management of index funds and exchange-traded funds (ETFs) that mimic the performance of a particular market index.
Skilled fund managers are the driving force behind every successful mutual fund, making important investment decisions. Groww Mutual Fund oversees its different mutual fund schemes with the assistance of some of the top fund managers in the business.