Groww has emerged as India’s leading stockbroker, boasting over 10 million active users. It provides a seamless platform for individuals to manage their investments across various financial instruments, including mutual funds, stocks, US stocks, ETFs, IPOs, and Futures & Options (F&O). Groww’s core mission is to democratize investment, making it accessible and hassle-free for everyone.
It’s important to note that Groww operates as an objective evaluator of financial products. The platform provides tools and information to empower investors to make informed decisions but does not offer financial advice or recommendations. Investment decisions are solely at the discretion and responsibility of the individual investor. Furthermore, Groww does not guarantee fixed returns on investments, as market investments are subject to market risks.
Groww simplifies investing by:
- Offering a completely paperless and free Demat and trading account opening process, accessible online.
- Providing unbiased evaluations of investment products available on its platform.
- Maintaining transparency in all fees and charges associated with investing.
- Empowering users with decision-making support through advanced technical analysis tools, including sophisticated charts like line and candlestick charts for tracking share price movements and market indices. Detailed information on listed companies is also readily available.
Groww prioritizes secure transactions, ensuring user safety and data protection. All transactions are conducted through secure channels, supporting SIP and Lumpsum investments via Netbanking across all major banks. Groww utilizes the BSE Star MF platform (Member code 11724) for transaction processing, further enhancing security and reliability.
Groww facilitates secure trading and investment in various popular instruments, recognizing their potential for wealth creation. Investors on Groww can:
- Invest in stocks listed on Nifty 50 (NSE) and Sensex (BSE), India’s primary stock market indices.
- Build diversified portfolios across stocks and other asset classes to manage risk effectively.
- Start Systematic Investment Plans (SIPs) with amounts as low as ₹500, making investing accessible to all.
- Switch from regular mutual funds to direct funds to potentially reduce expense ratios and enhance returns.
- Automate monthly investments through SIPs, promoting disciplined and consistent investing habits, among other beneficial features.
Groww provides access to a comprehensive range of mutual funds, catering to diverse investment objectives and risk profiles.
Investing in mutual fund portfolios is a strategic approach to achieving financial goals. Portfolios, which are curated collections of mutual funds, are designed to align with specific investment objectives. They offer diversification benefits, mitigating risk by spreading investments across different funds. Mutual fund portfolios simplify goal-based investing, making it easier to save for and realize financial aspirations. Investors have the option to create their own portfolios or leverage expert-built portfolios for professional guidance.
Important Information for Investors:
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Stock Broking Transactions: To prevent unauthorized transactions, investors are urged to update their mobile numbers and email IDs with their stockbrokers. This ensures direct transaction notifications from the exchange, enhancing account security. This measure is issued in the interest of investor protection and promoting secure share trading practices.
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Depository Transactions: To safeguard against unauthorized activities in Demat accounts, investors should update their mobile numbers with their Depository Participants. This enables real-time alerts for all debit and significant transactions directly from CDSL/NSDL, bolstering the security of share assets. This is also issued in the interest of investor protection and responsible share management.
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KYC Compliance: Completing KYC (Know Your Customer) is a one-time requirement for participating in securities markets. Once KYC is processed through a SEBI-registered intermediary (Broker, DP, Mutual Fund, etc.), investors do not need to repeat the process with other intermediaries, simplifying market access.
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IPO Subscriptions: For Initial Public Offerings (IPOs), there is no need to issue cheques. Investors can authorize bank payments directly by writing their bank account number and signing the IPO application form. In case of non-allotment, funds remain safely in the investor’s bank account, streamlining the IPO application process.
Investors should exercise caution regarding unsolicited emails and SMS advising on buying, selling, or holding securities. Investment decisions should always be based on informed analysis and due diligence, not on unfounded rumors or tips. It is recommended to conduct thorough research on companies before investing and to report any suspected systemic wrongdoing, fraud, or unethical behavior through anonymous portals provided on the BSE & NSE websites, contributing to market integrity and fair share practices.
Guidelines on Margin Collection Awareness:
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Stockbrokers are permitted to accept securities as margin from clients solely through pledge in the depository system, effective from September 1, 2020. This enhances transparency and security in margin practices for share trading.
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Investors are advised to update their mobile numbers and email IDs with their stockbroker/depository participant to receive OTPs directly from the depository for pledge creation, adding an extra layer of security to share transactions.
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A 20% upfront margin of the transaction value is required for trading in the cash market segment, managing risk and promoting responsible share trading.
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Investors are encouraged to refer to the Exchange’s Frequently Asked Questions (FAQs) and other guidelines issued periodically for detailed information on margin requirements and regulations related to share market activities.
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Regularly review your Securities/MF/Bonds in the consolidated account statement issued monthly by NSDL/CDSL to monitor your investments and ensure account accuracy, promoting diligent share portfolio management.
This information is issued in the interest of investor awareness and protection, fostering a safe and informed share investment environment.
Disclaimer:
Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) is a registered member of NSE & BSE and a Depository Participant of CDSL Depository and Mutual Fund distributor. Registered and Correspondence office is located in Bengaluru. For grievances related to Stock Broking/DP, please contact the provided email address. Investors are advised to carefully read the Risk Disclosure Document as prescribed by SEBI before investing in share markets.
SEBI SCORES Complaint Procedure:
To file a complaint on SEBI SCORES, register on the SCORES portal. Mandatory details include Name, PAN, Address, Mobile Number, and E-mail ID. Benefits of using SCORES include effective communication and speedy grievance redressal, facilitating efficient resolution of share market related issues.
Groww Invest Tech Pvt. Ltd. makes no warranties or representations regarding products offered through its platform and accepts no liability for damages or losses from product use or reliance. All returns, expense ratios, NAVs, etc., are historical and illustrative. Future performance varies based on market conditions. Blog information is for educational purposes only and not investment or tax advice.
Investments in Securities Market are subject to market risks. Read all related documents carefully before investing in shares and other instruments.
Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance is not indicative of future results.
Groww is recognized as India’s No.1 Stock Broker based on active client user data as per NSE data as of November 30, 2024. Refer to NSE’s Arbitration status for verification.
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