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FAQs

Which SIP gives 40% return in India? ›

HDFC Small Cap Fund: The direct plan of this scheme has given 41.94% annualised returns in 3 years. Source: AMFI website data as on October 13, 2023.

Stock broking platform Groww has stopped offering services for US stocks due to a tax collected at source. Around 2,000 users who joined in 2023 were still using Groww for these investments. They now have the option to migrate to other platforms or withdraw their investments.

Your mutual fund investments reside at asset management companies (AMCs). Therefore, if, theoretically, Groww shuts down, your mutual funds are safe at the AMC.

For example, if an individual plan to accumulate ₹50 lakhs over the tenure of 5 years, assuming the individual invests in a Flexicap fund or a Multicap fund which is giving an annualized return of 15%, then the individual needs to invest ₹55,750 per month for 5 years in order to generate the required corpus.

Many Groww users also reported an unusual app crash on March 22. Google has confirmed in a statement that the error was due to Android System WebView. Android System WebView is a component powered by Google Chrome that lets Android applications display web content.

Groww is owned by Mr. Lalit Keshre, Mr. Harsh Jain, Mr. Ishan Bansal, and Mr.

Which is better, INDmoney or Groww? ›

Ultimately, the choice between indmoney and Groww depends on your personal preferences and investment goals. By understanding their charges and features, you can make an informed decision that aligns with your financial objectives.

Groww app is safe as the customer information that we receive is collected, processed and stored securely. It is never compromised and inhabits safely under our secure storage.

It is possible that sometimes the "Sell" button is grayed out. This happens when you just bought T2T category stocks. To sell these stocks, you will have to wait till they get delivered to your Demat account as per the SEBI regulation which takes 1 trading day, from the date you place a successful buy order.

The three toppers in the list were from one fund house - Quant Mutual Fund. Quant Small Cap Fund, Quant Mid Cap Fund, and Quant ELSS Tax Saver Fund gave 37.30%, 31.84%, and 30.37% returns, respectively on SIP investments in the last seven years.

There is no maximum tenure of a SIP. You can invest as long as you can.

Kukreja says since debt funds usually generate lower returns than equity funds for investment horizons of 5 years or more. Thus, assuming an annualised returns of 7 per cent from debt funds, an investor would need to invest Rs 1.40 lakh per month through SIP to create a corpus of Rs 1 crore in 5 years.

Quant Small Cap Fund

The scheme is benchmarked against Nifty Smallcap 250 - TRI which delivered a 30.43% return during the same period.