Groww Mutual Fund is a new asset management company with a simple mission - creating mutual funds that help you achieve your financial goals. Built by industry experts and the innovative minds behind the trusted Groww platform, we're all about providing you with a smooth and transparent investing experience.

Groww Mutual Fund is responsible for creating and managing mutual funds that work for you. Groww on the other hand, is an investment platform where you can invest in mutual funds of all other fund houses as well, including Groww MF.

Each fund house operates under a unique philosophy guiding their wealth creation strategies and sticks to these principles to generate value for stakeholders.

Groww Mutual Fund is no different ; our aim is to create steady, long term wealth for you by balancing risks and returns.

We have funds across 4 categories:

1. Equity
2. Debt
3. Hybrid
4. ETFs

Funds are also available in regular and direct formats.

You can invest in Groww Mutual Fund through:

1. All financial advisors or mutual fund distributors who are empanelled with Groww AMC
2. Designated Investor Service Centers (ISC) of Registrar & Transfer Agents
3. Leading online platforms and stock brokers providing MF investment facilities such as Karvy Fintech, MF Central etc
4. You can also invest in Groww Mutual Funds through our website. Click here to transact online.

You can send your grievances at [email protected] regarding anything related to Groww Mutual Fund.

Click here to know more about the Common Standard Operating Procedure (SOP) for implementation of SEBI circular on Centralized mechanism for reporting the demise of an investor through KRAs.

Online Mode -

1. Login to MF central website https://app.mfcentral.com/investor/signin or Download the App
2. Click on Service request
3. Click on Transmission and process

Offline Mode -

Submit a duly filled and signed transmission form along with forms as mentioned in the form to AMC office or any of nearest Kfintech branches.

List of Documents for Transmission

* Transmission of Units to surviving unit holder(s) in case of death of the 1st holder.

1. Transmission Request Form for Transmission of Units to the surviving unitholder/s.
2. Death Certificate of the deceased unitholder(s) in original OR photocopy duly attested by a Notary Public or a Gazetted Officer.
3. Copy of PAN Card of the Surviving Joint Holder(s) (if PAN is not provided already).
4. Cancelled cheque of the new first unitholder, with the claimant's name pre-printed OR recent Bank Statement / Passbook (not more than 3 months old) of the new first holder.
5. KYC of the surviving unit holder(s), if not already KYC compliant.

* Transmission of Units to the registered Nominee/s in case of death of Sole or All unitholders

1. Transmission Request Form for Transmission of Units in favour of the Nominee(s).
2. Death Certificate of the deceased unitholder(s) in original OR photocopy duly attested by a Notary Public or a Gazetted Officer.
3. Copy of Birth Certificate, in case the Nominee is a minor.
4. Copy of PAN Card of the Nominee(s) / Guardian (in case the Nominee is a minor).
5. KYC of the Nominee(s) / Guardian (where Nominee is a Minor).
6. Cancelled cheque with the Nominee's name pre-printed OR Copy of the Nominee's recent Bank Statement / Passbook (which is not more than 3 months old).
7. If the transmission amount is up to ₹2 Lakh, Nominee's signature attested by the Bank Manager as per Annexure-Ia. In case the Nominee is a Minor, signature of the Guardian (as per the bank account of the Minor or the joint account of the Minor with the Guardian) shall be attested. If the transmission amount is for more than ₹2 Lakh, as an operational risk mitigation measure, signature of the Nominee shall be attested by a Notary Public or a Judicial Magistrate First Class (JMFC) in the space provided for signature attestation in the TRF itself below the signature of the claimant.

* Transmission of Units to the Claimant/s on death of Sole unitholder or All unitholders, where there is NO NOMINATION registered

1. Transmission Request Form for Transmission of Units to the Claimant.
2. Death Certificate of the deceased unitholder(s) in original OR photocopy duly attested by a Notary Public or a Gazette Officer.
3. Copy of Birth Certificate in case the Claimant is a minor.
4. Copy of PAN Card of the Claimant / Guardian (in case the Claimant is a minor).
5. KYC of the Claimant / Guardian (in case the Claimant is a Minor).
6. Cancelled cheque with the claimant's name pre-printed OR Copy of the Claimant's recent Bank Statement / Passbook (which is not more than 3 months old).

* If the transmission amount is up to ₹2 Lakh -

1. Bank Attestation of signature of the Claimant by the Bank Manager as per Annexure-Ia. In case the Claimant is a Minor, the signature of the Guardian (as per the bank account of the Minor or the joint account of the Minor with the Guardian) shall be attested.
2. Any appropriate document evidencing relationship of the claimant/s with the deceased unitholder/s.
3. Bond of Indemnity - as per Annexure II to be furnished by Legal Heirs for Transmission of Units without production of Legal Representation. Provided that in case the legal heir(s)/claimant(s) is submitting the Succession Certificate or Probate of Will or Letter of Administration wherein the claimant is named as a beneficiary, an affidavit as per Annexure III from such legal heir/claimant(s) alone would be sufficient, i.e., Bond of Indemnity is not required.
4. Individual Affidavits to be given by each legal heir as per Annexure III. NOC from other Legal Heirs as per Annexure IV, where applicable.

* If the transmission amount is more than ₹2 Lakh -

1. Signature of the Claimant duly attested by a Notary Public or a Judicial Magistrate First Class (JMFC) in the space provided for signature attestation in the TRF itself below the signature of the claimant. In case the Claimant is a Minor, the signature of the Guardian (as per the bank account of the Minor or the joint account of the Minor with the Guardian) shall be attested.
2. Individual Affidavits to be given by each legal heir as per Annexure III.
3. Any one of the documents mentioned below:
   • ✓ Notarised copy of Probated Will; OR
   • ✓ Succession Certificate issued by a competent court; OR
   • ✓ Letter of Administration or court decree, in case of Intestate Succession.

*Change of Karta upon death of the Karta of Hindu Undivided Family (HUF)

If the case of a HUF, the property of the HUF is managed by the Karta and the HUF does not come to an end in the event of death of the Karta. In such a case, the members of the HUF will need to appoint a new Karta, who needs to submit following documents for transmission:

1. Request Form for change of Karta upon demise of the registered Karta.
2. Death Certificate of the deceased Karta in original OR photocopy duly attested by a Notary Public or a Gazette Officer.
3. Bank's letter certifying that the signature and details of new Karta have been updated in the bank account of the HUF & attesting the Signature of the new Karta as per Annexure - 1b.
4. KYC of the new Karta and the HUF (if not KYC compliant).
5. Indemnity Bond as per Annexure-V signed by all surviving coparceners (including new Karta).
6. Any appropriate document evidencing relationship of the new Karta and the other coparceners with the deceased Karta.
7. If the transmission amount is up to ₹2 Lakh, any appropriate document evidencing relationship of the new Karta and the other coparceners with the deceased Karta.
8. If the transmission amount is more than ₹2 Lakh, any one of the documents mentioned below:
   • ✓ Notarized copy of Settlement Deed, or
   • ✓ Notarized copy of Deed of Partition, or
   • ✓ Notarized copy of Decree of the relevant competent court.

* Transmission of Units to the Claimant/s upon death of the Karta of HUF, where there is no surviving co-parcener or the HUF has been dissolved/partitioned after demise of the Karta

1. Transmission Request Form for Transmission of Units to the Claimant.
2. Death Certificate of the deceased Karta in original OR photocopy duly attested by a Notary Public or a Gazette Officer.
3. Copy of Birth Certificate in case the Claimant is a minor.
4. Copy of PAN Card of the Claimant(s) / Guardian (in case the Claimant is a minor).
5. KYC of the Claimant(s) / Guardian (in case the Claimant is a Minor).
6. Cancelled cheque with the claimant's name pre-printed OR Copy of the Claimant's recent Bank Statement / Passbook (which is not more than 3 months old).
7. If the transmission amount is up to ₹2 Lakh, attestation of signature of the claimant by Bank Manager as per Annexure-Ia. In case the claimant is a Minor, the signature of the Guardian (as per the Minor's bank account / Minor's joint account with the Guardian) shall be attested.
8. If the transmission amount is for more than ₹2 Lakh, signature of the claimant shall be attested by a Notary Public or a Judicial Magistrate First Class (JMFC) in the space provided for signature attestation in the TRF itself below the signature of the claimant.
9. Bond of Indemnity to be furnished by the Claimant as per Annexure VI.
10. If the HUF has been dissolved/partitioned by the surviving members after demise of the Karta, the transmission of units should be effected only on the basis of any of the following documents:
    • → Notarized copy of Settlement Deed, ORNotarized copy of Settlement Deed, OR
    • → Notarized copy of Deed of Partition, OR
    • → Notarized copy of Decree of the relevant competent Court.

The common set of forms required under different situations is available here.

Please Click Here to view the list of banks enabled for transactions through Groww MF website.

Please see the Payment Efficacy Matrix, to understand the time it will take for your transaction to be processed.