LowNeutral
Announced Thu, 9 Jul · 22:32 IST

Groww responds to Nithin Kamath tweet: Direct mutual funds remain free for DIY investors

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Awaiting price reaction for this filing.

AI summary

Groww clarified that direct mutual funds will remain free for DIY investors, responding to Nithin Kamath's tweet about Zerodha keeping direct plans free through Coin. Groww stated that over 1 crore investors have built more than Rs 1.9 lakh crore in mutual fund investments on its platform, and that MF Prime is an additional opt-in product for investors seeking guided advice, not a replacement for direct plans.