With an AUM of ₹342 Crores, as of May 2023, Groww Mutual Fund is one of the fastest-growing fund houses. Previously known as Indiabulls Mutual Fund, Groww Mutual Fund is currently sponsored by Nextbillion Technology Pvt. Ltd.
Groww Mutual Fund offers 10 schemes. Of these, four are debt funds, three are equity, two are hybrid, and one is an ETF. The AMC aspires to provide customer-centric investment solutions for wealth generation.
Given this, investors looking to grow their wealth with consistent and compounding returns may choose Groww Mutual Funds.
Incorporated | 10 Apr. 2008 |
Mdceo | Varun Gupta |
Trustee | Groww Trustee Limited |
Cio | NA |
Investing in Mutual Funds on Bajaj Markets includes a hassle-free, end-to-end online procedure with no tedious form filling or branch visitations. You can follow the steps given below on the Bajaj Markets website and the app as well.
Step 1: Log in using your mobile phone number
Step 2: Under ‘Investments’, choose ‘Mutual Funds’
Step 3: Fill in basic information such as your bank account number, PAN Card number, etc.
Step 4: Start your investment journey with Bajaj Markets once your account has been activated
You can invest through various payment methods like UPI, net banking, real-time gross settlement (RTGS), and national electronic funds transfer (NEFT).
Here are the documents required in order to invest in a mutual funds scheme through Bajaj Markets.
PAN Card
Voter ID
Driving Licence
Passport
A team of professional and experienced fund managers oversee the schemes offered by Groww Mutual Fund. They aim to balance risk and returns, ensuring wealth for all investor profiles.
Currently holding the position of Head of Equity at Groww Mutual Fund, Mr. Anupam Tiwari is a chartered accountant. With 18 years of experience in the sector, he has worked with other leading financial companies, including Reliance Life Insurance, PNB AMC, and Axis AMC.
Some of the funds managed by Mr. Tiwari are Groww Large Cap Fund, Groww Arbitrage Fund, Groww Value Fund, and Groww ELSS Tax Saver Fund. With over ₹200 Crores in AUM, he manages a total of 6 schemes in equity, hybrid, and ETF, offered by the AMC.
With 17 years of experience, Mr. Kaustubh Sule joined Groww Mutual Fund in 2023 as a senior fund manager with a specialisation in fixed income strategies. His previous experience consists of his former roles at Union Bank of India's Treasury Desk, Nippon Life, HDFC Life, and Axis AMC.
As a graduate from PICT, Pune University, he has a B.E. in Computer Engineering. He also holds an MBA in Finance from VGSoM, IIT Kharagpur. At Groww, he manages several schemes and has a collective AUM of over ₹225 Crores.
Top schemes managed by him include Groww Value Fund, Groww Overnight Fund, Groww Liquid Fund, and Groww Aggressive Hybrid Fund, among others.
Previously, Mr. Karan Singh led as the Head of Fixed Income Research at Indiabulls Mutual Fund. At present, he holds the Fixed Income Fund Manager position at Groww Mutual Fund. With 15+ years of experience in the financial investments sector, he has worked in various roles at reputable organisations.
These include Escorts AMC, ICRA Ltd., Taurus Group, DIOS Capital Advisors LLC, and Religare Aegon AMC Ltd. Mr. Singh holds a Bachelor’s Degree in Economics from Delhi University and CFA Level 1.
With a collective AUM of ₹138 Crores, he manages several schemes at Groww AMC. Some of the funds he manages include Groww Nifty50 Exchange Traded Fund, Groww Overnight Fund, Groww Short Duration Fund, Groww Dynamic Bond Fund, and more.
Customer Support Email id: support@growwmf.in | |
Phone | 8050180222 |
Address | Floor 12 A, Tower 2 A, One World Centre, Jupiter Mills Compound Senapati Bapat Marg, |
Groww Mutual Fund offers 16 mutual fund schemes across different categories.
Investment Advisory
Bajaj Finserv Direct Ltd. (“BFDL”) is a licensed registered investment adviser (SEBI Registration no. INA000016083 & BASL Registration no.1022). recognized by Security Exchange Board of India (“SEBI”), having its Corporate Address: 4th Floor, B2 Building, Cerebrum IT Park, Kumar City, Kalyani Nagar, Pune – 411014. The Services offered on the Site by BFDL does not constitute investment advice in any manner whatsoever. Investment in securities market are subject to market risks. Users are requested to read all the related documents carefully before investing. Registration granted by SEBI (INA000016083), membership of BASL (1022) and certificate obtained from NISM, in no way guarantees performance of the intermediary or provide any assurance of returns to investors.
Mutual funds
Bajaj Finserv Direct Ltd. (“BFDL”) has entered into a referral arrangement with Bajaj Finance Limited (“BFL”) which is registered with Association of Mutual Funds in India ("AMFI") as a distributor of mutual funds with ARN No:90319 which enables BFDL to facilitate Indian residents, to invest in Regular Mutual Funds plan. The Users using the Site, shall be redirected to the platform of BFL and the User shall be bound by the terms and conditions of BFL as applicable to such User.
The Services offered on the Site does not constitute investment advice in any manner whatsoever. Please read the scheme information and other related documents carefully before investing and obtain expert professional advice with regards to specific legal, tax, and consequences of investments and risk factors.
Fund Added to Compare
Clear All