Banking & Investments Simplified for NRIs

Groww Asset Management Limited is a Arbitrage mutual fund scheme from Groww Asset Management Limited. This fund has been in existence for 9 yrs 10 m, having been launched on 01/01/2013. Groww Asset Management Limited has ₹9,008 Crores worth of assets under management (AUM) as on 30/09/2022 and is medium-sized fund of its category. The fund has an .

Groww Asset Management Limited is a mutual fund scheme from Groww Asset Management Limited. This fund has been in existence for 9 yrs 10 m, having been launched on 01/01/2013. Groww Asset Management Limited has ₹9,008 Crores worth of assets under management (AUM) as on 30/09/2022 and is medium-sized fund of its category. The fund has an Avg 1 year Return of Kotak Mutual Fund is 15.34%

Best Groww Mutual Funds for NRIs

Fund Name	Category	Risk	1Y Return	Fund Size
Groww Multicap Fund -Growth	Equity	very high Risk	17.15%	₹1,476.14 Cr
Groww Small Cap Fund -Growth	Equity	very high Risk	0.00%	₹764.03 Cr
Groww Gold ETF-Growth	Commodity	Risk	37.48%	₹465.19 Cr
Groww Multi Asset Allocation Fund -Growth	Hybrid	very high Risk	0.00%	₹389.91 Cr
Groww Liquid Fund -Growth	Money Market	low to moderate Risk	6.41%	₹381.39 Cr
Groww Nifty Total Market Index Fund -Growth	Equity	very high Risk	-0.67%	₹373.93 Cr
Groww Nifty India Defence ETF-Growth	Equity	Risk	26.11%	₹367.97 Cr
Groww Nifty Total Market Index Fund -IDCW	Equity	very high Risk	-0.67%	₹353.29 Cr
Groww Silver ETF-Growth	Commodities	very high Risk	80.66%	₹330.69 Cr
Groww Nifty EV & New Age Automotive ETF-Growth	Equity	Risk	0.85%	₹305.4 Cr
Groww BSE Power ETF-Growth	Equity	very high Risk	13.45%	₹282.6 Cr
Groww Liquid Fund -IDCW Weekly	Money Market	low to moderate Risk	6.41%	₹279.27 Cr
Groww Nifty Total Market Index Fund Regular Reinvestment Inc Dist cum Cap Wdrl	Equity	very high Risk	0.00%	₹254.89 Cr
Groww Nifty EV & New Age Automotive ETF FoF -Growth	Equity	very high Risk	0.63%	₹183.47 Cr
Groww Nifty India Railways PSU ETF-Growth	Equity	Risk	-21.68%	₹169.8 Cr
Groww Nifty EV & New Age Automotive ETF FoF -IDCW	Equity	very high Risk	0.63%	₹163.75 Cr
Groww BSE Hospitals ETF-Growth	Equity	very high Risk	0.00%	₹158.55 Cr
Groww Nifty India Defence ETF FoF -Growth	Allocation	very high Risk	25.82%	₹157.48 Cr
Groww Liquid Fund Monthly Payout Inc Dist cum Cap Wdrl	Money Market	low to moderate Risk	0.00%	₹147.21 Cr
Groww Liquid Fund Fortnightly Payout Inc Dist cum Cap Wdrl	Money Market	low to moderate Risk	0.00%	₹147.21 Cr
Groww Liquid Fund Daily Reinvestment Inc Dist cum Cap Wdrl	Money Market	low to moderate Risk	0.00%	₹147.21 Cr
Groww Liquid Fund Fortnightly Reinvestment Inc Dist cum Cap Wdrl	Money Market	low to moderate Risk	0.00%	₹147.21 Cr
Groww Liquid Fund Weekly Reinvestment Inc Dist cum Cap Wdrl	Money Market	low to moderate Risk	0.00%	₹147.21 Cr
Groww Liquid Fund Monthly Reinvestment Inc Dist cum Cap Wdrl	Money Market	low to moderate Risk	0.00%	₹147.21 Cr
Groww Nifty Smallcap 250 Index Fund -Growth	Equity	very high Risk	6.93%	₹139.28 Cr
Groww Large Cap Fund -Growth	Equity	very high Risk	-1.79%	₹136.68 Cr
Groww Nifty India Defence ETF FoF -IDCW	Allocation	very high Risk	25.82%	₹133.72 Cr
Groww Gold ETF FOF -Growth	Commodity	high Risk	36.28%	₹131.13 Cr
Groww Large Cap Fund -IDCW	Equity	very high Risk	-1.79%	₹128.83 Cr
Groww Large Cap Fund -IDCW Half Yearly	Equity	very high Risk	-1.79%	₹128.83 Cr
Groww Large Cap Fund -IDCW Quarterly	Equity	very high Risk	-1.79%	₹128.83 Cr
Groww Large Cap Fund Regular Plan Monthly Payout Inc Dist cum Cap Wdrl	Equity	very high Risk	0.00%	₹127.19 Cr
Groww Large Cap Fund Regular Plan Quarterly Reinvestment Inc Dist cum Cap Wdrl	Equity	very high Risk	0.00%	₹127.19 Cr
Groww Large Cap Fund Regular Plan Monthly Reinvestment Inc Dist cum Cap Wdrl	Equity	very high Risk	0.00%	₹127.19 Cr
Groww Large Cap Fund Regular Plan Half Yearly Reinvestment Inc Dist cum Cap Wdrl	Equity	very high Risk	0.00%	₹127.19 Cr
Groww Large Cap Fund Regular Plan Reinvestment Inc Dist cum Cap Wdrl	Equity	very high Risk	0.00%	₹127.19 Cr
Groww Gold ETF FOF -IDCW	Commodity	high Risk	36.28%	₹121.4 Cr
Groww Nifty 1D Rate Liquid ETF-Growth	Fixed Income	Risk	4.75%	₹118.73 Cr
Groww Nifty EV & New Age Automotive ETF FoF Regular Reinvestment Inc Dist cum Cap Wdrl	Equity	very high Risk	0.00%	₹109.75 Cr
Groww Short Term Fund -Growth	Fixed Income	moderate Risk	4.97%	₹95.13 Cr
Groww Nifty Smallcap 250 Index Fund Regular Reinvestment Inc Dist cum Cap Wdrl	Equity	very high Risk	0.00%	₹95.02 Cr
Groww Nifty Smallcap 250 Index Fund Regular Payout Inc Dist cum Cap Wdrl	Equity	very high Risk	0.00%	₹95.02 Cr
Groww Banking & Financial Services Fund -Growth	Equity	very high Risk	13.91%	₹90.55 Cr
Groww Silver ETF FoF -Growth	Equity	Risk	76.02%	₹89.92 Cr
Groww Arbitrage Fund -Growth	Hybrid	moderately high Risk	0.00%	₹83.97 Cr
Groww Multi Asset Omni FoF -Growth	Hybrid	very high Risk	0.00%	₹78.58 Cr
Groww Value Fund -Growth	Equity	very high Risk	-0.47%	₹74.47 Cr
Groww Banking & Financial Services Fund -IDCW	Equity	very high Risk	13.91%	₹70.14 Cr
Groww Money Market Fund -Growth	Fixed Income	low to moderate Risk	0.00%	₹61.68 Cr
Groww Nifty India Railways PSU Index Fund -Growth	Equity	Risk	-22.24%	₹59.89 Cr
Groww Short DurationFund Regular Weekly Payout Inc Dist cum Cap Wdrl	Fixed Income	moderate Risk	0.00%	₹59.11 Cr
Groww Short DurationFund Regular Monthly Payout Inc Dist cum Cap Wdrl	Fixed Income	moderate Risk	0.00%	₹59.11 Cr
Groww Short DurationFund Regular Plan Fortnightly Payout Inc Dist cum Cap Wdrl	Fixed Income	moderate Risk	0.00%	₹59.11 Cr
Groww Short DurationFund Regular Plan Fortnightly Reinvestment Inc Dist cum Cap Wdrl	Fixed Income	moderate Risk	0.00%	₹59.11 Cr
Groww Short DurationFund Regular Monthly Reinvestment Inc Dist cum Cap Wdrl	Fixed Income	moderate Risk	0.00%	₹59.11 Cr
Groww Short DurationFund Regular Weekly Reinvestment Inc Dist cum Cap Wdrl	Fixed Income	moderate Risk	0.00%	₹59.11 Cr
Groww Dynamic Bond Regular Monthly Payout Inc Dist cum Cap Wdrl	Fixed Income	moderate Risk	0.00%	₹57.45 Cr
Groww Dynamic Bond Regular Monthly Reinvestment Inc Dist cum Cap Wdrl	Fixed Income	moderate Risk	0.00%	₹57.45 Cr
Groww Dynamic Bond Regular Fortnightly Reinvestment Inc Dist cum Cap Wdrl	Fixed Income	moderate Risk	0.00%	₹57.45 Cr
Groww Dynamic Bond Regular Weekly Reinvestment Inc Dist cum Cap Wdrl	Fixed Income	moderate Risk	0.00%	₹57.45 Cr
Groww Dynamic Bond Regular Daily Reinvestment Inc Dist cum Cap Wdrl	Fixed Income	moderate Risk	0.00%	₹57.45 Cr
Groww Aggressive Hybrid Fund -Growth	Allocation	very high Risk	-1.57%	₹53.34 Cr
Groww ELSS Tax Saver Fund -Growth	Equity	very high Risk	-6.48%	₹51.57 Cr
Groww Nifty India Railways PSU Index Fund -IDCW	Equity	Risk	-22.24%	₹50.61 Cr
Groww Aggressive Hybrid Fund -IDCW Quarterly	Allocation	very high Risk	-1.57%	₹50.31 Cr
Groww ELSS Tax Saver Fund -IDCW	Equity	very high Risk	-6.48%	₹49.71 Cr
Groww Banking & Financial Services Fund Regular Reinvestment Inc Dist cum Cap Wdrl	Equity	very high Risk	0.00%	₹47.72 Cr
Groww Value Fund Regular Half Yearly Payout of Income Distribution cum Capital Withdrawal	Equity	very high Risk	0.00%	₹46.71 Cr
Groww Value Fund Regular Payout of Income Distribution cum Capital Withdrawal	Equity	very high Risk	0.00%	₹46.71 Cr
Groww Value Fund Regular Half Yearly Reinvestment of Income Distribution cum Capital Withdrawal	Equity	very high Risk	0.00%	₹46.71 Cr
Groww Value Fund Regular Reinvestment of Income Distribution cum Capital Withdrawal	Equity	very high Risk	0.00%	₹46.71 Cr
Groww Value Fund Regular Quarterly Reinvestment of Income Distribution cum Capital Withdrawal	Equity	very high Risk	0.00%	₹46.71 Cr
Groww Value Fund Regular Quarterly Payout of Income Distribution cum Capital Withdrawal	Equity	very high Risk	0.00%	₹46.71 Cr
Groww Value Fund Regular Monthly Reinvestment of Income Distribution cum Capital Withdrawal	Equity	very high Risk	0.00%	₹46.71 Cr
Groww Value Fund Regular Monthly Payout of Income Distribution cum Capital Withdrawal	Equity	very high Risk	0.00%	₹46.71 Cr
Groww Aggressive Hybrid Fund Regular Monthly Payout Inc Dist cum Cap Wdrl	Allocation	very high Risk	0.00%	₹46.02 Cr
Groww Aggressive Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl	Allocation	very high Risk	0.00%	₹46.02 Cr
Groww Aggressive Hybrid Fund Regular Half Yearly Reinvestment Inc Dist cum Cap Wdrl	Allocation	very high Risk	0.00%	₹46.02 Cr
Groww Aggressive Hybrid Fund Regular Monthly Reinvestment Inc Dist cum Cap Wdrl	Allocation	very high Risk	0.00%	₹46.02 Cr
Groww Aggressive Hybrid Fund Regular Quarterly Reinvestment Inc Dist cum Cap Wdrl	Allocation	very high Risk	0.00%	₹46.02 Cr
Groww Aggressive Hybrid Fund Regular Reinvestment Inc Dist cum Cap Wdrl	Allocation	very high Risk	0.00%	₹46.02 Cr
Groww Aggressive Hybrid Fund Regular Half Yearly Payout Inc Dist cum Cap Wdrl	Allocation	very high Risk	0.00%	₹46.02 Cr
Groww Nifty Non-Cyclical Consumer Index Fund Regular Payout Inc Dist cum Cap Wdrl	Equity	very high Risk	0.00%	₹45.62 Cr
Groww Nifty Non-Cyclical Consumer Index Fund Regular Reinvestment Inc Dist cum Cap Wdrl	Equity	very high Risk	0.00%	₹45.62 Cr
Groww Nifty India Internet ETF-Growth	Equity	very high Risk	1.52%	₹42.95 Cr
Groww Nifty Metal ETF-Growth	Equity	very high Risk	0.00%	₹42.14 Cr
Groww Nifty Non-Cyclical Consumer Index Fund -Growth	Equity	very high Risk	-11.63%	₹40.62 Cr
Groww BSE Hospitals ETF FoF -Growth	Equity	very high Risk	0.00%	₹38.38 Cr
Groww Nifty 50 ETF-Growth	Equity	very high Risk	-5.59%	₹38.03 Cr
Groww Dynamic Term Fund -IDCW Weekly	Fixed Income	moderate Risk	2.61%	₹37.9 Cr
Groww Dynamic Term Fund -IDCW Fortnightly	Fixed Income	moderate Risk	2.61%	₹37.9 Cr
Groww BSE Power ETF FOF -Growth	Equity	very high Risk	14.03%	₹36.81 Cr
Groww Nifty Chemicals ETF-Growth	Equity	very high Risk	0.00%	₹36.56 Cr
Groww Gilt Fund -Growth	Debt	moderate Risk	0.67%	₹35.33 Cr
Groww Nifty 500 Momentum 50 ETF-Growth	Equity	very high Risk	6.26%	₹29.96 Cr
Groww Nifty India Defence ETF FoF Regular Reinvestment Inc Dist cum Cap Wdrl	Allocation	very high Risk	0.00%	₹26.96 Cr
Groww Nifty 50 Index Fund -Growth	Equity	Risk	-6.54%	₹26.81 Cr
Groww Dynamic Term Fund -Growth	Fixed Income	moderate Risk	2.61%	₹25.43 Cr
Groww Overnight Fund Regular Monthly Reinvestment Inc Dist cum Cap Wdrl	Money Market	low Risk	0.00%	₹25.4 Cr
Groww Overnight Fund Regular Monthly Payout Inc Dist cum Cap Wdrl	Money Market	low Risk	0.00%	₹25.4 Cr
Groww Overnight Fund Regular Fortnightly Reinvestment Inc Dist cum Cap Wdrl	Money Market	low Risk	0.00%	₹25.4 Cr
Groww Overnight Fund Regular Fortnightly Payout Inc Dist cum Cap Wdrl	Money Market	low Risk	0.00%	₹25.4 Cr
Groww Overnight Fund Regular Daily Reinvestment Inc Dist cum Cap Wdrl	Money Market	low Risk	0.00%	₹25.4 Cr
Groww Overnight Fund Regular Weekly Reinvestment Inc Dist cum Cap Wdrl	Money Market	low Risk	0.00%	₹25.4 Cr
Groww Overnight Fund Regular Weekly Payout Inc Dist cum Cap Wdrl	Money Market	low Risk	0.00%	₹25.4 Cr
Groww Nifty PSE ETF-Growth	Equity	very high Risk	0.00%	₹17.74 Cr
Groww Nifty Smallcap 250 ETF-Growth	Equity	very high Risk	0.00%	₹17.49 Cr
Groww Nifty 200 ETF-Growth	Equity	Risk	-1.62%	₹16.47 Cr
Groww Nifty India Internet ETF FoF -Growth	Equity	Risk	0.51%	₹16.41 Cr
Groww Nifty Realty ETF-Growth	Equity	very high Risk	0.00%	₹16.14 Cr
Groww Nifty Midcap 150 Index Fund -Growth	Equity	very high Risk	0.00%	₹15.6 Cr
Groww Gold ETF FOF Regular Reinvestment Inc Dist cum Cap Wdrl	Commodity	high Risk	0.00%	₹14.8 Cr
Groww Nifty PSE ETF FOF -Growth	Equity	very high Risk	0.00%	₹12.13 Cr
Groww Overnight Fund -Growth	Money Market	low Risk	5.06%	₹11.72 Cr
Groww Nifty Next 50 Index Fund -Growth	Equity	very high Risk	5.74%	₹11.14 Cr
Groww Nifty 500 Momentum 50 ETF FoF -Growth	Equity	Risk	5.92%	₹10.65 Cr
Groww Nifty Next 50 ETF-Growth	Equity	very high Risk	6.56%	₹9.02 Cr
Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund -Growth	Equity	very high Risk	0.00%	₹8.67 Cr
Groww Nifty Cements ETF-Growth	Equity	very high Risk	0.00%	₹8.1 Cr
Groww Nifty Smallcap 250 Momentum Quality 100 ETF-Growth	Equity	very high Risk	0.00%	₹7.38 Cr
Groww Nifty 200 ETF FoF -Growth	Equity	Risk	-2.29%	₹7.33 Cr
Groww Nifty Private Bank ETF-Growth	Equity	very high Risk	0.00%	₹6.8 Cr
Groww Nifty Midcap 150 ETF-Growth	Equity	very high Risk	0.00%	₹6.51 Cr
Groww Nifty PSU Bank ETF-Growth	Equity	very high Risk	0.00%	₹6.2 Cr
Groww Nifty Private Bank Index Fund -IDCW	Equity	very high Risk	0.00%	₹5.84 Cr
Groww Nifty Private Bank Index Fund -Growth	Equity	very high Risk	0.00%	₹5.65 Cr
Groww Nifty PSU Bank Index Fund -Growth	Equity	very high Risk	0.00%	₹4.47 Cr
Groww Nifty 500 Low Volatility 50 ETF-Growth	Equity	very high Risk	-3.09%	₹3.96 Cr
GROWW NIFTY 200 ETF FOF - REGULAR PLAN - IDCW PAYOUT	Equity	Risk	0.00%	₹0
GROWW NIFTY 200 ETF FOF - REGULAR PLAN - IDCW REINVESTMENT	Equity	Risk	0.00%	₹0
Groww Multicap Fund Regular Payout Inc Dist cum Cap Wdrl	Equity	very high Risk	0.00%	₹0
Groww Nifty India Railways PSU Index Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹0
Groww Nifty 500 Momentum 50 ETF FOF - Regular Plan - IDCW	Equity	Risk	0.00%	₹0
Groww Nifty 500 Momentum 50 ETF FOF - Regular Plan - IDCW	Equity	Risk	0.00%	₹0
Groww Silver ETF FOF - Regular - IDCW	Equity	Risk	0.00%	₹0
Groww Multicap Fund Regular Reinvestment Inc Dist cum Cap Wdrl	Equity	very high Risk	0.00%	₹0
Groww Silver ETF FOF - Regular - IDCW	Equity	Risk	0.00%	₹0
Groww Nifty India Internet ETF FOF - Regular - IDCW	Equity	Risk	0.00%	₹0
Groww Nifty India Internet ETF FOF - Regular - IDCW	Equity	Risk	0.00%	₹0
Groww Nifty 50 Index Fund Regular IDCW	Equity	Risk	0.00%	₹0
Groww Nifty 50 Index Fund Regular IDCW	Equity	Risk	0.00%	₹0
Groww Multi Cap Fund Regular Payout Inc Dist cum Cap Wdrl	Equity	moderately high Risk	0.00%	₹0
Groww Multi Cap Fund Regular Reinvestment Inc Dist cum Cap Wdrl	Equity	moderately high Risk	0.00%	₹0

How can NRIs invest in Groww Asset Management Limited?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

Complete your NRI KYC: Type in your personal details and attach supporting documents, like:

PAN Number
Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
Passport – front and back
Passport size photograph
signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Groww Asset Management Limited

Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
City and country of birth
NRE/NRO bank account statement/ canceled cheque for the latest 3 months
Nominee details

Frequently Asked Questions

Can NRIs invest in Groww Asset Management Limited?

How can NRI buy Groww Asset Management Limited ?

Does Groww Asset Management Limited accept an NRI application with a foreign bank account details?

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Groww Mutual Fund for NRIs - Top Funds, AUM, Returns 2026

Best Groww Mutual Funds for NRIs

How can NRIs invest in Groww Asset Management Limited?

Frequently Asked Questions

Can NRIs invest in Groww Asset Management Limited?

How can NRI buy Groww Asset Management Limited ?

Does Groww Asset Management Limited accept an NRI application with a foreign bank account details?

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