Groww has established itself as India’s premier stock broker, boasting over 10 million active customers. It provides a seamless platform for users to explore diverse investment avenues, including mutual funds, stocks, US Stocks, ETFs, IPOs, and Futures & Options (F&O), enabling them to invest their money effortlessly.
It’s important to note that Groww offers objective evaluations of stocks and mutual funds. The platform does not provide investment advice or recommendations on specific stocks, mutual funds, or portfolios. Investors are empowered to make their own investment decisions based on their individual discretion, will, and consent. Groww does not guarantee fixed returns on invested capital at any time.
Groww empowers investors by:
- Facilitating a 100% paperless online process for opening Demat and trading accounts, completely free of charge.
- Delivering objective assessments of all investment products available on the platform.
- Maintaining transparency regarding all fees and charges associated with investing in any product.
- Offering robust decision-making support through technical analysis tools, including advanced and user-friendly line and candlestick charts. These charts illustrate share price movements and market indices, alongside comprehensive information about all registered and listed companies.
Secure Transactions on Groww
All transactions conducted on Groww are designed to be safe and secure. Users can invest through Systematic Investment Plans (SIPs) or lump sum investments, utilizing Netbanking across all major supported banks. Groww employs the BSE Star MF platform (Member code 11724) as its transaction processing infrastructure.
Trade and Invest Securely with Groww
Investments in stocks, mutual funds, and F&Os have gained significant popularity among individual investors due to their numerous potential benefits. On the Groww platform, investors can:
- Invest in stocks listed on both the Nifty 50 (NSE) and Sensex (BSE) indices.
- Diversify their portfolios across a wide range of stocks and other financial instruments.
- Initiate SIPs with amounts as low as ₹500.
- Switch from regular mutual funds to direct funds for potentially higher returns.
- Set up automated monthly investments (SIPs) and leverage a host of other beneficial features.
Groww provides access to all types of mutual funds, catering to diverse investment preferences and goals.
Investing in Mutual Fund Portfolios
A portfolio is a curated collection of mutual funds strategically assembled to align with specific investment objectives. Investing in mutual fund portfolios is a sound strategy for diversifying investments and mitigating risk. Portfolios also aid in defining investment goals, simplifying the process of saving and achieving these goals. Users have the option to create their own portfolios or seek guidance from experts to build a tailored portfolio.
Attention Investors: Key Guidelines for Secure Investing
Investor Awareness Messages Issued in the Interest of Investors:
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Stock Broking Transactions: To prevent unauthorized transactions in your account, ensure your mobile number and email ID are updated with your stock brokers. You will receive direct transaction confirmations from the Exchange on your mobile/email at the end of each trading day. This measure is issued in the interest of investors to enhance security and transparency.
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Depository Transactions: Protect your Demat account from unauthorized transactions by updating your mobile number with your Depository Participant. Receive timely alerts on your registered mobile number for all debit transactions and other critical activities in your Demat account directly from CDSL/NSDL on the same day. This is a vital security measure for investors.
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KYC Compliance: Know Your Client (KYC) is a one-time process when engaging with the securities markets. Once KYC is completed through a SEBI registered intermediary (Broker, Depository Participant, Mutual Fund, etc.), you do not need to repeat the process when approaching another intermediary. This streamlines the investment process and reduces redundancy.
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IPO Subscriptions: When subscribing to an Initial Public Offering (IPO), there is no requirement to issue a cheque. Simply write your Bank account number and sign the IPO application form to authorize your bank to process payment in case of share allotment. In the event of non-allotment, the funds will remain securely in your bank account. This simplifies the IPO application process and ensures fund safety.
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Investor Caution: Investors should exercise caution regarding unsolicited emails and SMS messages that advise buying, selling, or holding securities. Always trade based on well-informed decisions, conducting thorough analysis of companies before investing. Avoid blindly following unfounded rumors or tips. Furthermore, investors are encouraged to report any knowledge or evidence of systemic wrongdoing, potential fraud, or unethical behavior through the anonymous portal facilities provided on the BSE & NSE websites.
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Margin Collection Guidelines Awareness:
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Stock Brokers are permitted to accept securities as margin from clients solely through the pledge system within the depository framework, effective from September 1, 2020. This ensures greater security and transparency in margin practices.
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Update your mobile number and email ID with your stock broker/depository participant to receive One-Time Passwords (OTPs) directly from the depository via email and/or mobile number for pledge creation. This adds an extra layer of security to margin transactions.
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A 20% upfront margin of the transaction value is required to trade in the cash market segment. This is a standard regulatory requirement for trading in the cash market.
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Investors are advised to consult the Exchange’s Frequently Asked Questions (FAQs) issued under circular references NSE/INSP/45191 dated July 31, 2020, and NSE/INSP/45534 dated August 31, 2020, along with other guidelines issued periodically. These resources provide comprehensive information on trading regulations and investor protection.
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Regularly review your Securities, Mutual Funds, and Bonds in the consolidated account statement issued by NSDL/CDSL every month. This practice ensures you have a clear and up-to-date overview of your investment holdings.
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Disclaimer:
Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) (CIN: U65100KA2016PTC092879) is a registered member of NSE & BSE with SEBI Registration no: INZ000301838, a Depository Participant of CDSL Depository with SEBI Registration no: IN-DP-417-2019, and a Mutual Fund distributor with AMFI Registration No: ARN-111686. The registered and correspondence office is located at No.11, 2nd floor, 80 FT Road, 4th Block, S.T Bed, Koramangala, Bengaluru – 560034. For any grievances related to Stock Broking/DP, please contact [email protected]. Investors are urged to carefully read the Risk Disclosure Document as prescribed by SEBI.
For complaint filing with SEBI SCORES: Register on the SCORES portal. Mandatory details for SCORES complaints include Name, PAN, Address, Mobile Number, and E-mail ID. SCORES offers benefits such as effective communication and speedy grievance redressal.
Groww Invest Tech Pvt. Ltd. makes no warranties or representations, either express or implied, regarding products offered through the platform. The company accepts no liability for any damages or losses, regardless of cause, arising from the use of or reliance on its products or related services. Unless explicitly stated, all returns, expense ratios, Net Asset Values (NAVs), etc., are historical and for illustrative purposes only. Future performance can vary significantly and is dependent on individual and market conditions. The information provided by the Groww blog is for educational purposes only and should not be considered investment or tax advice.
Investment in the Securities Market carries market risks. Read all related documents thoroughly before investing.
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 reported by NSE as of November 30, 2024. Source: NSE’s Arbitration status
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