Groww Mutual Fund vs Union Mutual Fund SIP Comparison

Compare SIP returns, minimum investments, and top schemes to make an informed decision

Groww Mutual Fund

Minimum Investment

100

Average Return

12%

Top Schemes

Groww Nifty Total Market Index Fund

Groww ELSS Tax Saver Fund

Groww Value Fund

Key Features

Lowest minimum investment

Zero commission

Modern digital platform

Young and tech-savvy approach

Union Mutual Fund

Minimum Investment

1000

Average Return

11.8%

Top Schemes

Union Flexi Cap Fund

Union Equity Savings Fund

Union Multi Cap Fund

Key Features

Union Bank backing

Public sector trust

Wide bank network

Conservative investing

Calculate SIP Returns for Both

Calculate with Groww

Investment Details

Monthly Investment

Expected Return Rate (p.a.)

Time Period

Expected Returns

Total Invested

₹12,000

Est. Returns

₹11,234

Total Value

₹23,234

Invested Amount: 12,000
Estimated Returns: 11,234
Total Value: 23,234

SIP Growth Projection

Calculate with Union

Investment Details

Monthly Investment

Expected Return Rate (p.a.)

Time Period

Expected Returns

Total Invested

₹1,20,000

Est. Returns

₹1,09,592

Total Value

₹2,29,592

Invested Amount: 1,20,000
Estimated Returns: 1,09,592
Total Value: 2,29,592

SIP Growth Projection

Groww Mutual Fund vs Union Mutual Fund: Which is Better for SIP?

New entrant in the AMC space from India's leading investment platform. Offers zero-commission mutual funds with modern technology and user-friendly investing experience.

Sponsored by Union Bank of India, offering systematic investment solutions backed by one of India's major public sector banks.

Making Your Choice

Both Groww and Union are reputable mutual fund houses in India. Your choice should depend on your investment goals, minimum investment capacity, and preference for specific fund categories. Consider factors like minimum investment amount, average returns, fund options, and the institution's track record.

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