Groww adds 4.7 million new SIPs as young investors drive growth

October 14, 2024

Groww added over 4.7 million new SIPs in July-September, accounting for 50% of the total industry SIPs in that timeframe. Younger investors and women contributed significantly to this growth. SIPs made up 86% of mutual fund investment volume on Groww’s platform, with an average SIP value per customer exceeding INR 6,000.

More To Explore

US stocks: US market ends lower as tech stocks weigh on sentiment

Wall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies surged. Investors are weighing the

June 26, 2026

ITC, HUL among 10 FMCG stocks that have tumbled up to 31% in 2026. How many do you have?

FMCG stocks remained under pressure in 2026, with the sector index declining 10% year-to-date amid geopolitical disruptions and inflationary pressures. Most major names, including ITC,

June 26, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003