Groww Mutual Fund

How to Invest in Groww Mutual Funds?

Invest online in Groww Mutual Funds (formerly Indiabulls Mutual Funds) via Scripbox. It is an easy and convenient process. All you need to do is follow the few simple steps mentioned below.

• Visit the Scripbox Website for a list of Investment Plans: On the Scripbox Homepage click on the “Let’s Get Started” button. This will unlock a list of investment options as per your life goal. To start investing in Mutual Funds Scheme, pick any of the options best suited to your financial goal. Click on “Continue” to proceed with Mutual Fund Investment.
• Sign up to create an account: If you are an existing Scripbox member, Sign in with your details. When you sign in, a list of different investment options will appear on your screen. Scripbox allows investors to select the payment option. You can select “Every month SIP” or “One-time payment” option depending on your cash flow. The investment amount can be as per your financial goal and cash flow. Click on the “See Recommended Funds” to proceed for investment.
• Check the Plan and Fund Allocation: A list of mutual funds to invest online and the allocated amount for the selected plan is shown on this page. Read the details before proceeding ahead. If you wish to change the fund or amount, you can do that by clicking on the option, “I want to change Funds/ Amount.” Now click on the”Next” button to make the payment.
• Bank Details and Money Transfer: In the last step, you need to enter the bank account and PAN details. Scripbox provides a secure environment for payment. A bank account is used for investing and crediting the redemption proceeds only.

KYC Required To Invest In Groww Mutual Fund

KYC stands for “Know Your Customer”. It helps in identifying an investor through relevant documents. SEBI has prescribed certain guidelines for KYC. An investor has to fulfil the KYC procedure before investing in a SEBI registered mutual fund company. A KYC form will include details of identity, address, financial status, occupation, and demographic information.

You can get your KYC with Scripbox. The following KYC documents required by Resident Indians and PIO residing in India:

1. Photograph
2. Pan Card
3. Address proof (Aadhar Card (Both Front & Back) / Driving License/ Passport/ Voter ID Card) 
4. KYC Authorisation Letter. (Please write on a paper that “I authorize Scripbox to do my mutual fund KYC” & sign below it)
5. Video Selfie: Record a video by facing the camera for 5 seconds.

You can upload clear colour scanned copies of your KYC documents during the registration itself. Or,
If you are an existing Scripbox user, you can message on Scripbox’s WhatsApp number +91-8884448026 or email your KYC documents to help@scripbox.com.

How to Download Mutual Fund Investment Statement?

The following steps will guide you to download your Groww mutual fund investment statement using the Scripbox App:

• Firstly, log in to your Scripbox account from the Scripbox App.
• Then, on the ‘Profile’ tab and select the ‘Investment History’ option.
• Scroll down until you find ‘Email Me’ and click on it. Scripbox will email a link to download your Scripbox Investment History to the registered email address.
• Lastly, click on the link and the email statement will be downloaded in excel format.

The excel statement will contain the following details:

1. Orders Tab: The sheet includes the following details like Fund Name, Investor Name, Type, Amount Invested, Units, Oder NAV, STT, Folio Number and Purpose.
2. Current Holding Tab: This sheet includes the following details like Fund Name, Units, Current Value, Folio Number, and Purpose.

Top Groww Mutual Fund Managers

Explore: Top Fund Managers

Mr Anupam Tiwari

Mr Tiwari joined Groww Mutual Fund in April 2023 as Head of Equity. He has more than 17 years of industry experience. Prior to joining Groww Mutual Fund, he was with Axis AMC, Principal PNB Mutual Fund, Reliance Life Insurance Company Limited and Reliance Capital Asset Management Company Limited. He is a Chartered Account.

Mr Kaustubh Sule

Mr Sule joined Groww Mutual Fund in April 2023 as Senior Fund Manager – Fixed Income. He has more than 14 years of industry experience. Prior to joining Groww Mutual Fund, he was with Axis Mutual Fund, HDFC Standard Life Insurance, Reliance Nippon Life Insurance and Union Bank of India. He holds a B.E. degree from Pune Institute of Computer Technology and an MBA in Finance degree from Indian Institute of Technology, Kharagpur.

Mr Karan Singh

Mr Singh is the Fund Manager- Fixed Income at Groww Mutual Fund (formerly Indiabulls Mutual Fund). He has more than 16 years of work experience in the finance industry. He has been associated with Indiabulls Asset Management Company since March 2018.

Earlier he worked with various firms in a different capacity. Some of the Companies he has been associated with are Taurus Corporate Advisory Services Limited, DIOS Capital, Invesco Asset Management Company Limited, and also Fidelity Investments & ICRA Limited. Academically,  Mr Singh has completed his B.A. (Honours) in Economics. In addition, he is also a PGDBF & CFA Institute (Member)- Level 1.

Frequently Asked Questions 

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