Groww Mutual Fund has become a significant player in the Indian investing landscape in a time of financial innovation and digitalization. Groww has quickly become well-known for its streamlined platform that makes investing in mutual funds less complicated. View More
Mutual Fund Key Information
- Mutual Fund Name
- Groww Mutual Fund
- Name of the Asset Management Company
- Groww Asset Management Limited.
- Name of Sponsor
- Nextbillion Technology Pvt. Ltd.
- Date of Foundation
- March 24, 2011
- MD and CEO
- Mr. Varun Gupta
Groww Mutual Fund Managers
Sankaran Naren - Investment Team - Fund Manager
Mr Sankaran is in charge of the investment function for the Mutual Fund and International Advisory Business. He graduated from IIT Madras and IIM Kolkata and has worked in the financial services industry in a variety of capacities. In his twelve years as a fund manager, he has managed 29 funds.
Harsha Upadhyaya - Fund Management and Equity Research - Fund Manager
Harsha Upadhyaya has 23 years of experience in the field. He is a Certified Treasury Analyst and Treasury MBA at the Indian Institute of Management in Lucknow. He also holds a bachelor’s degree in mechanical engineering from the National Institute of Technology of Suratkal. Mr Upadhyaya has been involved in fund management and equity research for over 20 years. As of March 2019, he currently manages over Rs. 625 billion in assets and manages funds.
How to Invest in Groww Mutual Funds?
You can invest in Groww Mutual Funds through the 5paisa website or app. The platform’s user-friendly interface makes investing in Groww Mutual Funds a simple process. View More
Top 10 Groww Mutual Fund to Invest
- Fund Name
- Min SIP Investment Amt
- AUM (Cr.)
- 3Y Return
Groww ELSS Tax Saver Fund – Direct Growth is an ELSS scheme that was launched on 28-12-17 and is currently under the management of our experienced fund manager Sumit Bhatnagar. With an impressive AUM of ₹43 Crores, this scheme's latest NAV is ₹19.48 as of 18-03-24.
Groww ELSS Tax Saver Fund – Direct Growth scheme has delivered a return performance of 39.4% in the last 1 year, 16.7% in the last 3 years, and an 11.3% since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in ELSS funds.
- Min SIP Investment Amt
- ₹500
- AUM (Cr.)
- ₹43
- 3Y Return
- 39.4%
Groww Aggressive Hybrid Fund – Direct Growth is an Aggressive Hybrid scheme that was launched on 13-12-18 and is currently under the management of our experienced fund manager Sumit Bhatnagar. With an impressive AUM of ₹39 Crores, this scheme's latest NAV is ₹20.4264 as of 18-03-24.
Groww Aggressive Hybrid Fund – Direct Growth scheme has delivered a return performance of 29.4% in the last 1 year, 13.9% in the last 3 years, and an 14.5% since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Aggressive Hybrid funds.
- Min SIP Investment Amt
- ₹100
- AUM (Cr.)
- ₹39
- 3Y Return
- 29.4%
Groww Liquid Fund – Direct Growth is an Liquid scheme that was launched on 01-01-13 and is currently under the management of our experienced fund manager Karan Singh. With an impressive AUM of ₹191 Crores, this scheme's latest NAV is ₹2332.5916 as of 18-03-24.
Groww Liquid Fund – Direct Growth scheme has delivered a return performance of 7.1% in the last 1 year, 5.1% in the last 3 years, and an 6.8% since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Liquid funds.
- Min SIP Investment Amt
- ₹100
- AUM (Cr.)
- ₹191
- 3Y Return
- 7.1%
Closed NFO
-
09 Feb 2024
Launch Date
23 Feb 2024
Closed Date
Frequently Asked Questions
What is Groww Mutual Fund?
Groww Mutual Fund provides investors with access to many mutual funds. Investors can browse and make investments in a variety of mutual fund schemes using the user-friendly interface it offers.
What are the benefits of utilizing Groww to purchase mutual funds?
Investors will find Groww to be easy because of its user-friendly interface, zero-commission investment, large range of funds, and secure setting.
Who manages the Groww Mutual Funds?
Leading asset management businesses employ seasoned fund managers to oversee Groww Mutual Funds. Investment choices are made for each scheme by the fund managers.
Can I track my investments and performance on the Groww platform?
Yes, if you invest in Groww mutual funds through the 5paisa app, it will help you keep an eye on and track the progress of your investments. You can view your portfolio, look up past results, and make the required changes.
How can I invest in Groww Mutual Funds?
You can download the 5paisa app or go to their website to invest in Groww Mutual Funds. After setting up an account and completing the KYC procedure, you can choose your preferred mutual funds and make a lump sum or SIP investment.
What varieties of mutual funds are offered by Groww?
Equity funds, debt funds, hybrid funds, and ELSS (Equity Linked Savings Scheme) funds are just a few of the different mutual fund kinds that Groww offers.
Which tax advantages come with investing in the Groww ELSS Tax Saver Fund?
Under Section 80C of the Income Tax Act, Groww ELSS Tax Saver Fund provides tax advantages. Up to a certain level, investors may deduct their investment from their income.