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Launch

Groww rolls out MF Prime advice feature

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Groww logo
Date
Company
Groww
What it does
Groww MF Prime rollout
Kind
Launch
Based in
Bengaluru

What they do

Groww launched MF Prime, an opt-in service that guides investors in choosing, reviewing and rebalancing mutual fund portfolios

What happened

It said direct mutual fund plans stay free for do-it-yourself investors, with no change in pricing or experience

Why it matters

The company had piloted the feature with a small group of users since January

The details

  • MF Prime is an opt-in advisory feature.
  • Direct plans remain free for self-directed users.
  • Piloting started in January.

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