To switch from regular funds to direct funds on Groww, follow these steps:
Import Your External Funds:
- Go to the home screen and go to 'Mutual Fund' tab. Tap on 'Explore'.
- Scroll down to 'Quick Access' and tap on 'Import Funds'.
- Enter the OTP sent to you by MF Central. Your mutual funds will be imported, and the dashboard will update automatically within 10-15 minutes.
Switch to Direct Funds:
- On your mutual fund dashboard, tap on any fund tagged as 'External' and 'Regular'.
- Tap on 'Switch' to see all your external regular funds.
- Select the funds you want to switch and tap on 'Select Direct Fund'.
- Tap on 'Confirm Switch' to complete the process.
After confirming, you can track your switch order in the mutual funds dashboard under 'Switch in progress'.