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Groww adds over 4.7 Million New SIPs in July-September quarter; Young investors and B30 cities drive growth
· Groww added 1.6 million new SIPs in September 2024 Bangalore, October 2024: Groww, India’s largest Mutual Funds investing platform, achieved strong growth in July-September quarter 2024, adding over 4.7 million new SIPs. Out of 6.6 million new SIPs recorded in September by AMFI, Groww added 1.6 million new SIPs, strengthening it’s market leadership. This growth was driven by younger investors, with over 50% of contributors under the age of 35, demonstrating a strong inclination…
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