Groww added over 4.7 million new SIPs (Systematic Investment Plans) during the July-September quarter, the company announced on Monday. Of the 6.6 million new SIPs recorded in September by the Association of Mutual Funds in India (AMFI), Groww contributed 1.6 million, further cementing its market leadership.

This growth was largely driven by younger investors, with over 50% of contributors under the age of 35, showing a strong trend toward early and disciplined financial planning, according to the company. Female participation reached 24%, surpassing the national average reported by AMFI, reflecting increased financial engagement among women. Groww experienced a twofold increase in new SIPs compared to the same period last year, accounting for 50% of the total industry SIPs in that timeframe.