Groww takes 44% of new SIP registrations
By Abha Lohia ·
Groww: revenue and funding and every story →
- Groww is a Bengaluru-based investing platform offering mutual funds, stocks and wealth products to retail users
- For July to September, it says roughly 43.6% of fresh SIPs (fixed monthly fund investments) in the country were started on its app
- Mutual fund assets held through the platform rose 45.9% from a year ago to ₹2.06 lakh crore at the end of September
What happened
- Groww had 43.6% of new SIP registrations in the quarter.
- Direct fund assets reached ₹2.06 lakh crore.
- Assets grew 45.9% in a year and 7.8% since June.
Why it matters
- It shows how much of new retail fund investing flows through one app.
- The company is widening into wealth management.
The business
- Groww is a wealthtech platform for retail investors.
In numbers
₹2.06 lakh croreDirect MF assets · Sep 2026
Words to know
- SIP
- Systematic investment plan, a fixed monthly investment in a fund
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