How to Obtain Tax Receipt from the Groww App
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
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. […]
What documents Groww asks for and why?
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 […]
What is Groww Referral?
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 […]
What is SmartSave by Groww?
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 of all banks supporting E-Mandate and OTM to start SIP on Groww
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 […]
How to start SIP using E-Mandate
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 […]
How to start SIP using OTM
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 […]
How to switch from Regular to Direct Plan
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 […]
How can I move my existing SIPs to Groww?
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 […]
[New Feature] Latest Business News On Groww App
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?
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
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 App Is Live On The App Store
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?
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 […]
Groww Wins BSE Award for Performance
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
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
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
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
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 […]