Can we trust Groww?

I see a lot of negative feedback on LinkedIn related to how people redeemed their mutual funds but they didn't get the amount displayed on the app.

Any Groww users out there? What's your opinion on these

4mo ago3.9K views
SaneRooster6
SaneRooster6

That’s the reason I only use zerodha. A real business under no growth pressure from VCs

Batma9
Batma9
Q24mo

Are u sure?

WryExile38
WryExile38

They’re in business of trust. It’s easy to lose, hard to regain.

They were also slow to respond on allegations.

Brandster
Brandster

I have been investing on Groww since 2021. I cross check my investments on CAM and MF Central every month. I'm quite happy with the platform. I too panicked at the news though! Also, I have found their customer service to be very responsive and problem solving.

Soumil_Gupta73663
Soumil_Gupta73663
Student4mo

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potatomato
potatomato

They don't handle the transactions directly, you can always redeem/invest via the AMC directly Amount discrepancy is most likely due to a new bug (read feature) that displays a different valuation of the fund rather than the redemption value.

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boredcorporate
boredcorporateOthers4mo

Is Groww safe for investments?

I saw a lot of comments on Groww tweet filled with customers complaining about similar issues of redemption and incorrect price shown etc.

Is it really safe? Should everyone move from Groww?

Any Groww employee here who can give some ...

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SilverDamage
SilverDamageIT World3mo

Groww or not

After the recent incident of groww screwing up customers investment, am now scared of their platform. Should i stick on or move to something else? if yes which one? #trading #demat

AnonymousActivist
AnonymousActivistStealth5mo

Groww's missed opportunity

Luckily I was checking Groww during the dip and when I tried to add money to buy the dip, there was an error in Groww. The service was down and i wasn't able to add money.

While Kite was posting the spike in DAU, Groww missed the huge o...