Groww - Mutual Funds App, Direct Plans, Free

Investing in mutual funds is now simple and free. No paperwork, no hassles. Invest in the best mutual funds using Groww. All mutual funds are available in one investment app. And the best part - invest in direct mutual funds with zero commission for free.

Investing at your fingertips
- Sign up in minutes, one time KYC process, all within the app
- Buy and sell mutual funds, or start SIP with few taps

Invest in mutual funds online - free
- No transaction charges, no fees
- All direct mutual funds - earn ~1% more returns
- Sell anytime - money comes to your bank account directly
- Learn to invest in mutual funds with as low as Rs 500

Mutual fund investing for you
- Simple design, built with beginners in mind
- Invest in the ready-made basket of mutual funds recommended by experts
- View beautifully designed charts, and historical performance of any mutual fund
- Top mutual funds list for different categories
- Latest finance news and insights

Mutual fund tracking and analysis
- Dashboard to give you a clear picture of your investments
- Track your annualized returns and total returns
- Check details of holdings and mutual fund NAV
- Calculate returns through mutual fund SIP calculator

How to invest in mutual funds on Groww?
- Select any mutual fund
- Verify your KYC
- Start SIP or invest one time (lumpsum)

Investing for all your goals
Invest in all types of mutual funds:

Tax saving funds (ELSS mutual funds): Invest in tax saving mutual funds to get tax exemption under section 80c. The total exempt limit is 1.5 Lakhs

Get better than FD returns at low risk. Invest in liquid funds or ultra short-term debt funds. Invest in equity funds - small cap, large cap, mid cap, multi cap - for the long term and higher returns. Or invest in balanced funds, gold funds, sector funds or international funds - all in one mutual fund app.

Mutual funds help you get more returns on your money than fixed deposits or savings account. You can sell your investments anytime unlike real estate and gold. Check out SIP Calculator to know how much returns you can make.

Safe and secure:
We use latest security standards to keep your data safe and encrypted.

Groww uses BSE (Bombay Stock Exchange) for transactions. We trust our app with our own money. We support all RTAs - CAMS, Karvy, Sundaram and Franklin. You can check your units on mutual fund apps in India like Mycams and Karvy. You can also switch your funds to Groww without any charges.

Mutual fund companies (AMCs) on Groww Mutual Fund app:
SBI Mutual Fund
Reliance Mutual Fund
ICICI Prudential Mutual Fund
HDFC Mutual Fund
Aditya Birla Sun Life Mutual Fund
DSP Blackrock Mutual Fund
Invesco Mutual Fund
Franklin Templeton Mutual Fund
UTI Mutual Fund
Quantum Mutual Fund
PRINCIPAL Mutual Fund
Sundaram Mutual Fund
Union Mutual Fund
Canara Robeco Mutual Fund
JM Financial Mutual Fund
Edelweiss Mutual Fund
Tata Mutual Fund
Indiabulls Mutual Fund
Kotak Mutual Fund
Mirae Asset Mutual Fund
BNP Paribas Mutual Fund
Baroda Pioneer Mutual Fund
IDBI Mutual Fund
BOI AXA Mutual Fund
Axis Mutual Fund
Taurus Mutual Fund
DHFL Pramerica Mutual Fund
Motilal Oswal Mutual Fund
Mahindra Mutual Fund
L&T Mutual Fund
LIC Mutual Fund
PPFAS Mutual Fund
IIFL Mutual Fund
Peerless Mutual Fund
Shriram Mutual Fund
IDFC Mutual Fund

All major banks are supported for paperless SIP
One time (lumpsum) investments in mutual funds can be done via netbanking. SIP investments are done via bank mandate.

We need the following permissions to provide the most seamless experience of investing in mutual funds

- CAMERA: to capture the image of the documents for KYC verification
- WRITE_EXTERNAL_STORAGE: to access the captured image and upload on our servers
- RECEIVE_SMS: to auto-fill the OTP sent by Groww

All these permission are prompted at runtime when needed, and users have the option to "Allow" or "Deny" access to these permissions.

Happy investing :)
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What's New

We continue working to make your direct mutual fund investing experience simple and free.

New updates:
- Launching brand new Profile page
- Now you can edit your account information from the app.
- You can add bank and choose the default bank for transaction
- Added the feature of downloading the transaction statement.
- New Portfolio Page design
- Handful of crash fixes. More than a spoonful🥄, less than a bucket full, all good👌
- Performance Enhancement and squashed major bugs🐞
Read more

Additional Information

Updated
June 15, 2018
Size
16M
Installs
100,000+
Current Version
4.1
Requires Android
4.1 and up
Content Rating
Everyone
Permissions
Offered By
Groww - Invest In Mutual Funds
Developer
2nd Floor, Padmavati Complex, Koramangala, Bengaluru 560035
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