Change in lumpsum and SIP amount for few schemes of Groww Mutual Fund

Groww Mutual Fund has announced changes to their investment provisions across various schemes, effective from December 4, 2024.

The minimum application amount for lumpsum investments has been changed from Rs 100 to Rs 500 per application for Groww Dynamic Bond Fund, Groww Overnight Fund, Groww Liquid Fund, Groww Short Duration Fund, Groww Value Fund and Groww Nifty Total Market Index Fund.

Additionally, the default minimum investment amount of SIP (Systematic Investment Plan) for monthly frequency in following schemes has been updated as follows:

• Minimum Rs 500 for Groww Dynamic Bond Fund, Groww Overnight Fund, Groww Liquid Fund, Groww Short Duration Fund, Groww Nifty Total Market Index Fund and Groww Nifty Non -Cyclical Consumer Index Fund
  
• Minimum Rs 100 for Groww Value Fund