groww rocket

SAVE UP TO 1.5% ON COMMISSION

Switch to Direct. Switch to Groww.

Buy, track and sell Direct Mutual Funds online anytime anywhere from your mobile or computer. 

Why Switch to Groww

Switch to Direct Mutual Funds

Invest In Mutual Funds
  • Earn higher returns by investing in direct mutual funds
  • Start investing in less than 2 mins
  • It's FREE

All Funds at one place

Paperless buy and sell

Direct Mutual Funds

Steps to Move Existing Investments

Switch to Direct Mutual Funds

1. Get Statement

  1. Send an email to mf@groww.in from your registered email ID. Mention your name and PAN. If you are using different email ID for your investments, please mention that email ID (s) in the email.
  2. Wait for few hours to receive Consolidated Account Statement from Karvy.

2. Send Statement

  1. Forward the email to mf@groww.in
  2. Open Groww app and see all your Mutual Fund investments in one place

 

Switch to Groww

Groww in News

Switch to Direct Mutual Funds

groww in media

FAQ

How long will it take?

The investments will be available for tracking on Groww App and website within 7 days after sending the statement. If it is taking little longer due to any unknown issues, we will keep you updated with the progress. Once done, you will see it on the dashboard.

If I invest more through Groww, will it go in my existing folio?

No. The investments done through Groww will create a new folio.

Will moving Regular Plans into Groww automatically convert them into Direct Plans?

No. Moving investments will bring your outside Groww investments on Groww App or dashboard. Regular will remain Regular and Direct will remain Direct.

The switch from Regular to Direct is done on your request. Send the request to mf@groww.in. Please note that the switch from Regular to Direct may have tax and exit load consequences.

Invest In Mutual Funds
  • Earn higher returns by investing in direct mutual funds
  • Start investing in less than 2 mins
  • It's FREE

If I track regular Mutual Funds to Groww, will Groww start getting commissions?

No. Groww will not get any commission on your regular investments, moved from outside.

Will I be able to invest more/withdraw in the same folio from Groww?

No. Currently, the external investments are on available for tracking on Groww App and website. We will soon launch the functionality to invest more and redeem from these funds. We want to make sure your experience is awesome. Just wait for few more days. 

Are there any charges for tracking funds on Groww?

No. There are no charges for tracking or investing on Groww. Its the most investor-friendly App in India.

Will my existing STP, SWP and SIP work?

Yes. The STP and SWP will continue. 

SIP will also continue, but you will not be able to track it on Groww App or website. Ideally, you should the SIP from outside and start it on Groww. It takes 2 mins.

Invest In Mutual Funds
  • Earn higher returns by investing in direct mutual funds
  • Start investing in less than 2 mins
  • It's FREE

Can I also track investments held in Demat format?

Yes. You will be able to track all the investments mentioned in the Consolidated Account Statement, sent to mf@groww.in.

Ready to get Started?

Let’s Groww

Groww helps first-time investors start investing in the simplest way.

 

Groww is led by a team with deep experience in technology and finance. Groww is backed by renowned investors who have built successful internet and finance companies.