How to Start a Lumpsum Investment Online on Groww (2024)

Want to start a lumpsumor one-time investment on the Groww app?

All you have to do is follow these simple steps:

Step 1: Type the Mutual Fund Name

Tap on the magnifying glass icon in the corner right of the screen and start typing the name of the mutual fund you want to invest in.

Step 2: Choose the Mutual Fund to Invest In

Once the name of your desired mutual fund shows up, tap on it. This will open the mutual fund’s page on the Groww app. Here you can see all the details of the fund.

How to Start a Lumpsum Investment Online on Groww (1)

Step 3: Tap ‘Invest Now’

Once you have seen the details of the mutual fund, click on ‘Invest Now’ to invest in the mutual fund. Next, you will be asked to choose the investment type. Here, click on ‘One-Time’.

Step 4: Enter the Amount You Want to Invest

Enter the amount you want to startthe investment for and click on ‘Proceed’.

How to Start a Lumpsum Investment Online on Groww (2)

Step 5: Confirm and Make Payment

Tap on “Make Payment” and enter your payment details

How to Start a Lumpsum Investment Online on Groww (3)

Congratulations!

You have successfully invested! You will get a message confirming your investment.

Happy Investing!

You May Also Be Interested to Know-

1.

Best Mutual Funds for Beginners

2.

Best Mutual Funds for Senior Citizens

3.

Best ETFs to Invest in India

4.

How to Invest in Mutual Funds

5.

How to Invest in Direct Mutual Funds
How to Start a Lumpsum Investment Online on Groww (2024)
Top Articles
Latest Posts
Article information

Author: Kieth Sipes

Last Updated:

Views: 6714

Rating: 4.7 / 5 (67 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Kieth Sipes

Birthday: 2001-04-14

Address: Suite 492 62479 Champlin Loop, South Catrice, MS 57271

Phone: +9663362133320

Job: District Sales Analyst

Hobby: Digital arts, Dance, Ghost hunting, Worldbuilding, Kayaking, Table tennis, 3D printing

Introduction: My name is Kieth Sipes, I am a zany, rich, courageous, powerful, faithful, jolly, excited person who loves writing and wants to share my knowledge and understanding with you.