How to Invest in Mutual Funds through Groww app 2023

Do you want to invest in Mutual funds Through Groww app but don't know how can you? We understand who's beginners they might not know how they can invest in mutual fund through Groww app yet Groww app is very Easy to use Today.

in this blog We'll be Sharing with you  about How can you invest in Mutual Funds Through Groww App So lets Begin.

What's Mutual Funds?

As you would a lot of people investing money in mutual funds and now From groww app is there a lot of people getting to know about Mutual Fund But Before investing Money in Mutual Funds

First Lets Understand What is Mutual Fund in simple Words Mutual Funds is company that brings money from many people(investors) and together invest that money in stocks,

bonds or other assets The combined holdings of stocks, bonds or other assets the fund which owns are known as its portfolio. Each investor in the fund owns shares,

which represent a part of these holding and Groww makes very easy to anyone who's thinking to start investing in mutual fund using groww app lets understand about groww app


What's Groww App?

Before talking about how can you invest money in mutual funds lets first understand what exactly groww app is Groww is an online investment platform that allows investors to invest in mutual funds and stocks.Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh (former employees of Flipkart) started Groww in 2016 primarily as a mutual fund investment platform 

The company is valued at $1 billion Its just enough to have idea about groww appp now lets understand How can you Invest in mutual Fund Through Groww app


Invest in Mutual Funds Through Groww App

groww app logo


So Now Finally, Lets Talk about how can you invest in Mutual Funds Through Groww app, Here's Step By Step Tutorials below.


Step 1.Download Groww App Through This Link - Groww App 


Alert - You'll get 100inr in your groww account if you'll download Groww app The link mentioned above.

Step 2. Compelete Onboarding Process

Onboarding process is quite easy earlier to invest we had to a lot of thing to invest in stock but since we've groww app it becomes very easy to complete your onboarding process

Documents you Need While compeleting Onboarding process 

  1. Pan Card 
  1. Aadhar Card 
  1. Bank Details
  1. Number linked with aadhar Card

IF you've all of this You're good to go, This is all what you need to create your account in groww app to invest in Mutual Funds


Step 3. Start Investing in Mutual Funds

If you have done onboarding process it will take some to activate your account, after that you may invest in your right mutual funds you may simply buy that You'd have two Option to Buy Mutual Funds

  1. Sip 
  2. One Time Pay
Sip - IF you want to may monthly Then you go with Sip

One time Pay - you may invest your money one time if you want to you may go for it


Conclusion

so that was all for this blog, we have shared with you how can you invest in mutual funds through groww app, I hope you'd have liked This Article if you have any question regarding it You may comment below we'll try to answer asap if you found it helpful you may share it with your friends who needed,

Post a Comment

0 Comments