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Is Groww mutual fund safe?

Yes, Groww is a SEBI registered discount broker and investment in direct mutual funds with Groww is safe and secure. All the mutual funds buy and sell transactions are placed through BSE platform. Groww mutual fund app is known as the safest online platform that comes with SSL certification and 128 bit encryption. The app also offers fingerprint authentication and PIN security.

Even if in any circumstances, Groww shuts down then still your investment will be 100% safe with the respective AMCs. You can directly view all your mutual fund holdings and current investment value in the respective mutual fund house.

Answered on 2022-01-20

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