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Groww Mutual Fund

Groww Mutual Fund, a leading fund house, is renowned for its innovative approach to delivering investment solutions. It specializes in a broad array of financial products tailored to meet the distinct needs and aspirations of its investors.

The philosophy of Groww Mutual Fund is built upon the pillars of simplicity, transparency, consistent wealth creation, and customer centricity. They are focused on identifying investment opportunities where high growth aligns with robust fundamentals.

Operating under the trusteeship of Groww Trustee Limited and sponsored by Groww Invest Tech Pvt Ltd, Groww Mutual Fund offers a diverse portfolio. The portfolio encompasses a wide range of investment schemes, including equity funds, hybrid funds, debt funds, and ETFs.

List of Groww Mutual Fund in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Groww Value Fund
EquityVery High44.9%--₹18
Groww ELSS Tax Saver Fund
EquityVery High41.4%--₹45
Groww Large Cap Fund
EquityVery High38.8%--₹120
Groww Aggressive Hybrid Fund
HybridVery High32.0%--₹41
Groww Liquid Direct Fund
DebtLow to Moderate7.3%--₹212
Groww Overnight Fund
DebtLow6.7%--₹28
Groww Short Duration Fund
DebtModerate6.7%--₹38
Groww Dynamic Bond Fund
DebtModerate6.3%--₹37
Groww Nifty Total Market Index Fund
OtherVery HighNA--₹131
Groww Banking & Financial Services Fund
EquityVery HighNA--₹36
Groww Nifty Smallcap 250 Index Fund
EquityVery HighNA--₹48
View All

Key information about Groww Asset Management Limited.

Mutual fund nameGroww Mutual Fund
Asset management company nameGroww Asset Management Limited.
AMC Setup DateMarch 24, 2011
AMC Incorporation DateApril 10, 2008
Sponsor nameGroww Invest Tech Pvt Ltd
Trustee organisationGroww Trustee Limited (formally known as Indiabulls Trustee Company limited)
Compliance OfficerMr. Hemal Zaveri
CEOMr. Varun Gupta
Investor Service OfficerMr. Krishnam Thota

Why invest with Groww?

— Registered with SEBI, AMFI & BSE

— Paperless sign up on web & app

— Expert recommendations

— ZERO fees !

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How can you invest in Groww Mutual Funds?

You can invest in Groww Mutual Fund online by following some simple steps. Mentioned below is the process to invest in this mutual fund.

Step 1. Log-in to your Groww account to access the necessary information. If you are a new user, register your details to create an account.

Step 2. Upload a copy of your Identity Proof, like Voter ID, Aadhaar, PAN Card, passport, Driving Licence, etc. It should be a document issued by the Central or State Government.

Step 3. Upload a Proof of Address document. It can be any identity proof document with your permanent address mentioned.

Step 4. Choose an appropriate investment period for the scheme.

Step 5. Select whether you want to invest in a low, medium, or high-risk scheme.

Step 6. Set your preferred mutual fund as Groww Mutual Funds.

Step 7. Select “Invest One Time” if you want to invest a large amount; select “Start SIP” if you want to invest the amount via SIP.

The Groww Mutual Fund online investment will reflect in your Groww account within 3 to 4 business days after the completion of the process.

Top Fund Managers

1. Mr. Anupam Tiwari (Head of Equity)

Mr. Anupam brings 18 years of extensive experience in the Mutual Fund Industry, having served as an Equity Analyst at Reliance Mutual Fund for 5 years. He then held roles as an Equity Fund Manager at Reliance Life Insurance Company, Principal at PNB Asset Management Company, and Axis Asset Management Company in his most recent assignment before joining Groww.

2. Kaustubh Sule (Senior Fund Manager - Fixed Income)

Kaustubh is a seasoned Senior Fund Manager - Debt at Groww Asset Management Limited, having joined since its inception in May 2023. 

With 17 years of experience in various roles, he specializes in Fixed Income Strategies, including money market, macro, and duration strategies. 

Kaustubh began his investment management career as a Fixed Income Trader at Union Bank of India's Treasury Desk. He further gained valuable expertise at Nippon Life and HDFC Life before joining Axis AMC as a Fund Manager - Fixed Income, where he managed medium-term and long-term Fixed Income strategies. 

He holds a B.E. in Computer Engineering from PICT, Pune University, and an MBA in Finance from VGSoM, IIT Kharagpur, providing him with a strong technical and financial background. Throughout his career, Kaustubh actively traded various fixed income instruments, including government securities, corporate bonds, interest rate swaps, and interest rate futures. 

3. Mr. Karan Singh  (Fund Manager- Fixed Income) 

Mr. Karan Singh previously held the position of Head of Fixed Income Research at Indiabulls Asset Management. With over 15 years of experience in Fixed Income Fund Management, he is a seasoned professional in the Indian financial market.

Mr. Singh completed his Bachelor’s Degree in Economics from Delhi University in 1996. He also studied in the Indian Institute of Finance and completed his CFA Level 1 from the CFA Institute. He also studied economics at the Faculty of Business and Economics at the University of Melbourne.

Mr. Karan Singh started his professional career as an Intern Analyst at IL&FS AMC Ltd. in 2002. After completing his internship, he was appointed as an Analyst for the Fund Management and Fixed Income department of Escorts AMC. He was appointed by ICRA Ltd. as the Senior Analyst for Banking and Finance department, from where he was appointed by Fidelity Investments as an Associate for Fixed Income.

Mr. Singh joined Religare Aegon AMC Ltd. as an Analyst for the Fixed Income department in October 2008. After associating with the organization for three years, he shifted to DIOS Capital Advisors LLC in 2012 as the Director/Strategist. He also worked at the Taurus Group as the Strategist for Fixed Income in Mumbai.

Explore Other AMC's Schemes

  1. HDFC Balanced Advantage Fund
  2. Nippon India Small Cap Fund
  3. Canara Robeco Small Cap Fund
  4. Mirae Asset Emerging Bluechip Fund
  5. Axis Long Term Equity Fund
  6. Axis Small Cap Fund
  7. SBI Contra Fund
  8. SBI Equity Hybrid Fund Regular Growth
  9. Axis Midcap Fund
  10. Kotak Emerging Equity Fund

Let's have a closer look

Now let us jump and check about these top 11 mutual fund schemes.

Groww Value Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 21.16% & 17.93%. The Groww Value Fund comes under the Equity category of Groww Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Groww Value Fund is ₹10 and for SIP, it is ₹10.

Min Investment Amt₹10
AUM₹18Cr
1Y Returns44.9%

Groww ELSS Tax Saver Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 19.66% & 16.33%. The Groww ELSS Tax Saver Fund comes under the Equity category of Groww Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Groww ELSS Tax Saver Fund is ₹500 and for SIP, it is ₹1,000.

Min Investment Amt₹500
AUM₹45Cr
1Y Returns41.4%

Groww Large Cap Fund Direct Fund Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 18.7% & 15.11%. The Groww Large Cap Fund comes under the Equity category of Groww Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Groww Large Cap Fund is ₹100 and for SIP, it is ₹100.

Min Investment Amt₹100
AUM₹120Cr
1Y Returns38.8%

Groww Aggressive Hybrid Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 16.46% & 15.27%. The Groww Aggressive Hybrid Fund comes under the Hybrid category of Groww Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Groww Aggressive Hybrid Fund is ₹100 and for SIP, it is ₹100.

Min Investment Amt₹100
AUM₹41Cr
1Y Returns32.0%

Groww Liquid Direct Fund Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.48% & 5.09%. The Groww Liquid Direct Fund comes under the Debt category of Groww Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Groww Liquid Direct Fund is ₹100 and for SIP, it is ₹100.

Min Investment Amt₹100
AUM₹212Cr
1Y Returns7.3%

Groww Overnight Fund Direct Growth

Fund Performance: The Groww Overnight Fund comes under the Debt category of Groww Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Groww Overnight Fund is ₹100 and for SIP, it is ₹100.

Min Investment Amt₹100
AUM₹28Cr
1Y Returns6.7%

Groww Short Duration Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.13% & 5.31%. The Groww Short Duration Fund comes under the Debt category of Groww Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Groww Short Duration Fund is ₹100 and for SIP, it is ₹100.

Min Investment Amt₹100
AUM₹38Cr
1Y Returns6.7%

Groww Dynamic Bond Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.06% & 5.98%. The Groww Dynamic Bond Fund comes under the Debt category of Groww Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Groww Dynamic Bond Fund is ₹100 and for SIP, it is ₹1,000.

Min Investment Amt₹100
AUM₹37Cr
1Y Returns6.3%

Groww Nifty Total Market Index Fund Direct Growth

Fund Performance: The Groww Nifty Total Market Index Fund comes under the Other category of Groww Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Groww Nifty Total Market Index Fund is ₹100 and for SIP, it is ₹100.

Min Investment Amt₹100
AUM₹131Cr
1Y ReturnsNA

Groww Banking & Financial Services Fund Direct Growth

Fund Performance: The Groww Banking & Financial Services Fund comes under the Equity category of Groww Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Groww Banking & Financial Services Fund is ₹500 and for SIP, it is ₹100.

Min Investment Amt₹500
AUM₹36Cr
1Y ReturnsNA

Groww Nifty Smallcap 250 Index Fund Direct Growth

Fund Performance: The Groww Nifty Smallcap 250 Index Fund comes under the Equity category of Groww Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Groww Nifty Smallcap 250 Index Fund is ₹500 and for SIP, it is ₹100.

Min Investment Amt₹500
AUM₹48Cr
1Y ReturnsNA

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