Is Groww reliable?

Groww is a SEBI registered broker, a member of BSE and NSE, and a CDSL depository participant member. The company is genuine with all required licenses to conduct the business.

In the case of mutual fund transactions, Groww acts as a mere intermediary as your transactions with AMC gets routed through the BSE platform, and at no stage, Groww handles your money directly. Groww also uses high encryption standards to store personal information securely.

Overall, Groww is as reliable as any other broker in the market.