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Is Groww app safe for mutual funds?

Zerodha (Trade with the best stock broker)

Yes, the Groww app is safe and secure for mutual fund investments.

Groww is a registered SEBI broker and, an AMFI registered mutual fund distributor. Hence all its transactions are constantly monitored and reviewed by SEBI, ruling out any foul play. Moreover, the Groww mutual fund transactions are done via BSE, thus making monetary transactions completely safe.

Groww app also has an SSL certification and 128-bit encryption which makes the information provided by investors completely safe.



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