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groww mutual fund mutual fund

Groww Mutual Fund

With an AUM of Rs 844 crores, Groww Mutual Fund offers 20 schemes across different categories including 8 equity, 9 debt, and 2 hybrid mutual funds. Know the GROWW MUTUAL FUND MF scheme details, historical returns, compare and invest in Best Groww Mutual Funds. Invest in mutual fund schemes that suit your investment objectives, risk level, and fund options.



₹ 844 Cr

Total AUM

  • Overview
  • All Schemes
  • Equity Funds
  • Debt Funds
  • Tax Saver
  • Hybrid
  • ISIN

Groww Mutual Fund Details

Groww Mutual Fund
₹ 844 Crores
March 24, 2011
Incorporation Date
April 10, 2008
Nextbillion Technology Pvt. Ltd.
Mr Varun Gupta
Contact Number
80501 80222
Email Id
Groww Asset Management Limited (formally known as Indiabulls Asset Management Company limited)
Office Address
Floor 12 A, Tower 2 A, One World Centre, Jupiter Mills Compound Senapati Bapat Marg, Mumbai, Maharashtra 400013

Best Groww Mutual Fund Schemes to Invest in 2024

Fund nameAUMNAV3Y Returns
Groww Large Cap Fund (G)
₹120.27 Cr₹42.0416.8%
Groww Liquid Fund (G)
₹216.96 Cr₹2349.785.5%
Groww Value Fund (G)
₹19.93 Cr₹25.3717.8%
Groww Short DurationFund (G)
₹38.42 Cr₹1919.873.9%
Groww ELSS Tax Saver fund (G)
₹46.01 Cr₹19.6916.9%
Groww Dynamic Bond fund (G)
₹38.32 Cr₹1363.404.4%
Groww Arbitrage Fund (G)
₹2.49 Cr₹15.523.2%
Groww Aggressive Hybrid Fund (G)
₹42.04 Cr₹20.3914.6%
Groww Overnight Fund (G)
₹39.57 Cr₹1247.045.2%

Know the latest NAV, Asset Under Management, and 3-year Return of Best Groww Mutual Funds. Invest in Scripbox Recommended High Return Mutual Funds Best Suited According To Your Investment Objectives.

Top Groww Mutual Fund Managers

Anupam Tiwari

Fund Manager

Madhu Babu

Fund Manager

Kaustubh Sule

Fund Manager

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

Fund ManagerType Of FundNumber of Schemes
Anupam TiwariEquity5
Kaustubh SuleDebt8
Karan SinghDebt4

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 

Is Groww mutual fund good?

Groww Mutual Fund, formerly known as Indiabulls Mutual Fund has an innovative approach to delivering investment solutions. The AMC specializes in a broad array of financial products tailored to meet its investors’ distinct needs and aspirations. Groww Mutual Fund’s investment philosophy is built upon the pillars of simplicity, transparency, consistent wealth creation, and customer-centricity.

Which is the best Groww Mutual Fund?

Groww offers 9 funds in equity, debt and hybrid categories catering to various investor needs. The best fund for an investor is the one that suits all their requirements. Hence investors need to align their goals with that of the fund’s objectives to pick the best Groww fund to invest in.

How can I start SIP in Groww Mutual Fund Online?

One can invest in Groww Mutual Fund online directly through Scripbox. Alternatively, they can invest in Groww Mutual Fund through the fund houses’ website. Moreover, they can also invest in Groww Mutual Fund through any other online platform or mobile application.

How to stop SIP in Groww Mutual Fund online?

One can stop their SIP in Groww Mutual Fund online by directly visiting the Groww Mutual Fund website, logging in with the folio number, and stopping the SIP. Alternatively, they can also log in to the platform where they started the Groww Mutual Fund investment and stop the SIP.

How to withdraw from Groww Mutual Fund?

To withdraw money from Groww Mutual Fund, one can visit the nearest Groww Mutual Fund office and submit a form. Alternatively, they can visit the Groww Mutual Fund website and redeem the investment by logging in with the folio number. They can also withdraw their Groww Mutual Fund investments from any online portal where they first invested.

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