How to obtain a tax receipt from the Groww app

How to Obtain Tax Receipt from the Groww App

by Groww • January 3, 2019

If you have invested in an ELSS or tax-saving fund, you must receive a tax receipt against your investment, which will summarize all your transactions and act as a tax proof. In this blog, we will show you a step-by-step process to obtain a tax receipt from the Groww app. Step 1 After you login, […]

The Year That Was: Highlights (And Lowlights) Of 2018 For Investors

by Lalit Keshre • December 27, 2018

The graph below of NIFTY 50 does look like a roller coaster ride. An experienced investor would be very familiar with such rides, not so for the first time investors. The graphs of small cap and mid cap indices would look even more adventurous. Investors investing through mutual funds also saw their net worth changing frequently. […]

groww documents

What documents Groww asks for and why?

by Shikhar Singh • November 30, 2018

When you sign up, Groww app or website promptly asks for three details. Identity proof, address proof, and details of your bank account. Why are documents needed? The documents have been made mandatory for investment by the governing body SEBI. The documents we ask for is not optional. PAN Card No investment is possible without […]

groww referral

What is Groww Referral?

by Shikhar Singh • October 15, 2018

Groww Referral is a reward program for referring people to Groww. You can win cash rewards for introducing Groww to your friends! But, if everybody got a fixed amount, it wouldn’t be fun. So, to spice things up, here’s how this is going to work. Everybody who refers successfully will get a cash reward. And some […]

Best Mid Cap Fund - 2019

What is SmartSave by Groww?

by Shikhar Singh • September 13, 2018

SmartSave is a brand new feature on Groww. It has just been launched and now, you can make full use of it. What is it? In short, SmartSave lets you store money while earning higher returns than a savings bank account. When you keep your money in a savings bank account, you get a return of […]

list bank names e-mandate otm

List of all banks supporting E-Mandate and OTM to start SIP on Groww

by Shikhar Singh • September 4, 2018

To start an SIP on Groww, you need to automate the SIP installments. There are 3 ways to do this. Among these 3, E-Mandate and OTM are the more popular choice. Here are the banks supporting each of these methods. Banks Supporting E-Mandate Below is a list of all the banks that support E-Mandate. The […]

e-mandate sip online

How to start SIP using E-Mandate

by Groww • August 27, 2018

Starting SIP anywhere online involves making the first payment and then setting up a mandate so that the SIP payments can be automated. In this example, we should you how you can invest in SIP online on Groww using the E-Mandate option. How to start SIP using E-Mandate 1. Tap Invest Now Go to the mutual fund you want […]

STP, SIP, SWP diffrence

How to start SIP using OTM

by Groww • August 24, 2018

Starting SIP anywhere online involves two broad step. The first step is to make the first payment. The second step is to add a mandate so that the monthly SIP can be auto-deducted. This way, the investment gets automated. There are 3 types of mandates: E-Mandate, OTM, and biller. In this example, we should you […]

switch regular direct

How to switch from Regular to Direct Plan

by Groww • August 23, 2018

Many users of Groww had started investing in regular mutual funds on various platforms. Hearing about free investment in direct plans on Groww, they switched to Groww. But the investments they made earlier were still in regular plans. Groww’s latest feature ‘Switch’ allows you to convert regular plans to direct plans. The best part, it doesn’t […]

SEBI cuts down expense ratio of fund houses

How can I move my existing SIPs to Groww?

by Devyani Mishra • August 17, 2018

Are you an investor who thinks it is impossible to track all your investments on one platform? Groww has come up with a new feature, wherein you can see your existing as well as your external investments under one umbrella. We have broken up the blog into three parts for your convenience. Tracking Step 1 Go […]

Personal Finance

[New Feature] Latest Business News On Groww App

by Groww • July 31, 2018

Hello Android and iOS users, Now you can read the latest news in the apps. Just open your app and you will see the latest news on your “explore” screen. Do let us know your feedback on the same. You will need version 4.6+ on Android and version 1.1+ on iOS. If you have not downloaded […]

How to Start an SIP on the Groww Website?

by Devyani Mishra • July 20, 2018

Want to start an SIP online? Follow the 6 steps below to begin a new SIP on the Groww website. Step1: Type the Name of Mutual Fund Click on the magnifying glass icon on the screen and start typing the name of the mutual fund you want to invest in. Step 2: Choose the Mutual Fund […]

How to Start a Lumpsum Investment Online on the Groww App

by Devyani Mishra • July 19, 2018

Want to start a lumpsum or one-time investment on the Groww app? All you have to do is follow these simple steps: Step 1: Type the Mutual Fund Name Tap on the magnifying glass icon in the corner right of the screen and start typing the name of the mutual fund you want to invest in. […]

groww ios and android

Groww iOS App Is Live On The App Store

by Groww • July 18, 2018

Dear iOS users, We are happy to inform you that our iOS app is out in the app store. Our long-term mission is to make investing simple and transparent for you. Investing in mutual funds is now simple and free. No paperwork, no hassles. Invest in the best mutual funds using Groww. All mutual funds […]

How Can You Generate a Folio Number Without Paying?

by Devyani Mishra • July 17, 2018

Yes, we know you’re amused that you have been allotted a folio number, received your units and garnered an email from AMC, when you haven’t paid for the order. You need not worry about the above. Here’s What Happened 1. You came to the website and created a few orders, but did not pay for […]

bse star mf award

Groww Wins BSE Award for Performance

by Groww • July 12, 2018

Groww was awarded the 2nd best performer in RFD category in Karnataka for the financial year 2017-18. Groww Wins BSE Award Nextbillion Technology Pvt Ltd won the award for 2nd best performer in the RFD category. The award was presented by Mr Ashishkumar Chauhan, MD and CEO of BSE (Bombay Stock Exchange) on the 8th of July, 2018. […]

Please Do Not Invest In Mutual Funds

by Lalit Keshre • June 26, 2018

For the last few days, I have been talking to a lot of first-time investors. And was greatly alarmed by the kind of conversations I had. “Will my money double by the next year?” “I invested in SBI Small Cap Fund one week back and it is down by x% percent, should I sell it?” […]

How to Redeem Money from Mutual Funds on the Groww App in Hindi

by Groww • June 26, 2018

Mutual fund में invest किए हुए पैसे को कैसे निकला जाए? जानने के लिए नीचे पढ़ें. Step1: ‘Dashboard’ पर जाए ‘Dashboard’ पर tap करें. Step 2: Mutual Fund चुन लें जिस mutual fund से redeem करना चाहते हैं उसके बगल दिए गए 3 dot पर tap करें. फिर ‘Redeem’ पर tap करें. Step 3: Redeem करने का कारण […]

Groww App पर कैसे SIP शुरू किया जाए – in Hindi

by Groww • June 22, 2018

क्या आप SIP शुरू करना चाहते हैं? नीचे दिए गए समाधान को देख आसानी से करे SIP शुरू Groww Android App पर. Step1: म्यूच्यूअल फण्ड का नाम टाइप करें ऊपर, दाहिने मैग्नीफाइंग गिलास को क्लिक करें और म्यूच्यूअल फण्ड का नाम लिखें. Step 2: म्यूच्यूअल फण्ड चुनें म्यूच्यूअल फण्ड का नाम लिखने के बाद आपको उसके नीचे कुछ म्यूच्यूअल […]

How to Start SIP Online on the Groww App

by Groww • June 22, 2018

Want to start an SIP online? Follow the steps below to easily start a new SIP on the Groww Android App. Step1: Type the Name of Mutual Fund Tap on the magnifying glass icon in the corner right of the screen and start typing the name of the mutual fund you want to invest in. Step 2: Choose […]