Groww says it accounted for 44% of new SIP registrations in September quarter
Direct mutual fund assets held through Groww rose 45.9% year-on-year (YoY) to Rs 2.06 lakh crore as of end September, and 7.8% from about Rs 1.9 lakh crore in June, a Groww spokesperson said. The company is building its mutual fund business alongside a broader push into wealth management.
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