Banking & Investments Simplified for NRIs

Groww Asset Management Ltd. is a Arbitrage mutual fund scheme from Groww Asset Management Ltd.. This fund has been in existence for 9 yrs 10 m, having been launched on 01/01/2013. Groww Asset Management Ltd. 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 Ltd. is a mutual fund scheme from Groww Asset Management Ltd.. This fund has been in existence for 9 yrs 10 m, having been launched on 01/01/2013. Groww Asset Management Ltd. 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 Liquid Fund Growth	Money Market	low to moderate Risk	7.38%	₹538.72 Cr
Groww Nifty Total Market Index Fund Regular Growth	Equity	very high Risk	25.57%	₹241.12 Cr
Groww Large Cap Fund Regular Plan Growth	Equity	very high Risk	26.27%	₹125.81 Cr
Groww Nifty EV & New Age Automotive ETF FoF Regular Growth	Equity	very high Risk	0.00%	₹102.81 Cr
Groww Nifty Smallcap 250 Index Fund Regular Growth	Equity	very high Risk	0.00%	₹91.02 Cr
Groww Short DurationFund Regular Growth	Fixed Income	moderate Risk	7.13%	₹58.58 Cr
Groww Dynamic Bond Regular Growth	Fixed Income	moderate Risk	7.34%	₹52.21 Cr
Groww ELSS Tax Saver Growth	Equity	very high Risk	29.50%	₹49.08 Cr
Groww Banking & Financial Services Fund Regular Growth	Equity	very high Risk	0.00%	₹45.87 Cr
Groww Aggressive Hybrid Fund Regular Growth	Allocation	very high Risk	22.84%	₹45.72 Cr
Groww Value Fund Regular Growth	Equity	very high Risk	25.46%	₹44.54 Cr
Groww Nifty Non-Cyclical Consumer Index Fund Regular Growth	Equity	very high Risk	0.00%	₹42.7 Cr
Groww Nifty India Defence ETF FoF Regular Growth	Allocation	very high Risk	0.00%	₹23.16 Cr
Groww Overnight Fund Regular Growth	Money Market	low Risk	6.59%	₹13.06 Cr
Groww Gold ETF FOF Regular Growth	Commodities	high Risk	0.00%	₹0
Groww Multi Cap Fund Regular Growth	Equity	moderately high Risk	0.00%	₹0

How can NRIs invest in Groww Asset Management Ltd.?

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 Ltd.

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 Ltd.?

How can NRI buy Groww Asset Management Ltd. ?

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

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