List of Funds Managed by Groww Asset Management Company
An asset management company (AMC) is a firm that pools funds from individuals to invest in a diverse range of securities, such as stocks, bonds, real estate, shares, and pension funds, with the aim of optimizing returns for investors. AMCs consider factors like industry risk, market risk, return risk, and political risk to balance the risk and return profile of their investments.
Groww Mutual Fund, with an Assets Under Management (AUM) of Rs 869 crores, is one of the well-known AMCs offering 20 schemes across various categories. These include eight equity funds, nine debt funds, and two hybrid mutual funds.
Types of Mutual Funds Offered by Groww
Groww offers a range of funds that investors can choose from, including:
- Debt Funds: Low duration, medium duration, dynamic bond, gilt, credit risk, liquid, and ultra shorts are the types of debt funds provided by Groww.
- Hybrid Funds: Aggressive, conservative, and arbitrage funds are the types of hybrid funds provided by Groww.
- Equity Funds: Multi-cap, large-cap, mid-cap, small-cap, ELSS, dividend yield, sector, contra, and value funds are the types of equity funds provided by Groww.
Groww's Mutual Funds
Here are the names of the funds offered by Groww:
- Debt Funds: Groww Liquid Fund, Groww Ultra Short Duration Fund, Groww Short Duration Fund, Groww Medium Duration Fund, Groww Corporate Bond Fund, Groww Banking & PSU Fund, Groww Gilt Fund, Groww Credit Risk Fund, and Groww Dynamic Bond Fund.
- Equity Funds: Groww Large Cap Fund, Groww Mid Cap Fund, Groww Small Cap Fund, Groww Multi Cap Fund, Groww Focused Equity Fund, Groww ELSS (Equity-Linked Savings Scheme), Groww Sectoral/Thematic Fund, and Groww International Equity Fund.
- Hybrid Funds: Groww Balanced Advantage Fund and Groww Aggressive Hybrid Fund.
Benefits of Investing in Mutual Funds through Groww
Groww offers several advantages to its mutual fund investors, such as:
- User-Friendly Interface: Groww provides a user-friendly portal and app for its users, making it accessible to novice and experienced investors alike.
- Diverse Investment Options: Investors can choose from a broad range of funds to invest in, based on their risk profiles and return expectations.
- Secure and Transparent Platform: Groww is registered with SEBI and complies with RBI guidelines, ensuring a secure and transparent investment environment.
- Simple and Cost-Effective Investing: Groww Does not charge commissions or brokerage fees for mutual fund purchases and does not have entry or exit loads for mutual funds. The platform offers digital accessibility via a free-to-download app.
Before investing, investors are advised to thoroughly review the terms and conditions of the investment. For further information, visit the Groww website or app.
Engaging in tax planning is crucial to minimize one's tax liabilities, and Groww's user-friendly interface makes it an excellent choice for personal-finance management. Investing in Groww's diverse range of mutual funds, including debt, equity, and hybrid funds, can help finance-conscious individuals plan their investments effectively while taking advantage of the secure and transparent platform offered by the Asset Management Company.
