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GROWW AMC INVESTMENT
IT needs selectivity, not blind bargain hunting; Energy, defence and healthcare offer better opportunities: Gurmeet ChadhaMarket expert Gurmeet Chadha advises investors to be selective in the IT sector, despite attractive valuations, focusing on stock-specific ...
‘A portfolio is like an Indian thali’: Radhika Gupta explains why global diversification mattersAt a time when Indian investors are increasingly exploring overseas markets amid strong performance in global equities, fund managers at th...
PPFAS Mutual Fund among 15 AMCs to offer voluntary lock-in for folios. Here is how Sebi’s rule worksMutual fund investors can now temporarily block withdrawals and debits from their folios, with 15 AMCs, including PPFAS Mutual Fund, rollin...
Groww Q4 FY26 results: Operating revenue surges 87%, net profit more than doublesBillionbrains Garage Ventures, operating Groww, saw operating revenue surge 87% to Rs 1,505 crore in the March quarter of FY26. Full-year r...
Groww among bidders for Prudential’s India asset management firmPrudential Financial’s India asset management arm has attracted takeover interest from at least two domestic firms, people familiar with th...
Asset management firm State Street set to invest $65 million in Groww AMCState Street may end up with a stake of as much as 23% in Groww AMC, depending on the final mix of primary and secondary share purchases an...
Groww reports 25% jump in operating revenue at Rs 1,216 crore, but net profit dips 27%Groww reported an operating revenue of Rs 1,216 crore in the December quarter, up 24.8% from Rs 974 crore a year back. The company’s net pr...
Groww ropes in US-based State Street as strategic investor with Rs 580 crore AMC dealGroww has partnered with US-based State Street Global Advisors, which will invest up to Rs 580 crore in Groww AMC through primary and secon...
Groww secures online bond distribution licence from SebiThe listed fintech is steadily expanding its scope of operations to build a full-stack investment portal, which straddles broking to asset ...
Star investors Sunil Singhania, Madhu Kela, Utpal Seth subscribe to Groww’s Rs 2,985 crore anchor bookBillionbrains Garage Ventures (Groww) raised Rs 2,984 crore in its Rs 6,632 crore IPO anchor round, drawing top domestic MFs, global sovere...
Groww Mutual Fund sees 6x surge in AUM post acquiring Indiabulls Asset Management CompanyGroww Mutual Fund, a subsidiary of the IPO-bound Groww, has witnessed substantial growth, with its AUM reaching nearly Rs 2,000 crore by Ma...
Fintech AMCs: Groww, Navi, Zerodha diversify revenue with asset managementGroww doubled its AUM, Zerodha Fund House grew nine times and Navi increased its portfolio by 44% in an otherwise good year for the mutual ...
Groww EV ETF garners Rs 130 crore from 1.7 lakh investorsThe new fund offer or NFO of Groww Nifty EV & New Age Automotive ETF and Groww Nifty EV & New Age Automotive ETF FOF have collected over Rs...
Groww user alleges 'fraud', says app shows mutual fund investment but can't redeem, company denies; what are lessons for MF investors?Groww faces 'fraud' allegation: A customer's complaint against Groww, has sparked concerns over investment safety via execution-only platfo...
Small towns, retail investors central to fintech’s AMC plansFintech startups Groww, Zerodha, Navi are venturing into asset management, focusing on passive funds and non-metro retail investors. Challe...
Groww secures Sebi nod for first fund, names chief executive for AMC businessThe Peak XV and Ribbit Capital-backed fintech has appointed Varun Gupta as chief executive officer of the asset management business. Gupta,...
Groww completes Rs 175cr Indiabulls Mutual Fund biz acquisitionThe transaction had received approval from Competition Commission of India in September 2021. The closing date of the deal was May 3, the f...
Groww completes Rs 175 crore acquisition of Indiabulls’ mutual fund businessThis comes almost two years after Groww inked a definitive agreement in May 2021 to acquire the mutual fund business of IBHFL’s subsidiarie...
Groww inks deal to acquire Indiabulls’ mutual fund biz for Rs 175crThe sale of Indiabulls AMC will be limited only to the Mutual Fund business, while the Alternate Investment Fund (AIF) and Portfolio Manage...
Groww to acquire Indiabulls’ mutual fund business for Rs 175 croreThe acquisition of Indiabulls’ mutual fund business paves the way for Groww to enter the asset management space, sought after by peers such...