123 Mutual Funds Bet Big on Groww; Stock Hits Record High Ahead of April 20 Results
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With 123 mutual funds backing it and the stock nearing a 90 per cent jump from listing, Groww is emerging as a standout market favourite ahead of its crucial Q4 results.
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Billionbrains Garage Ventures Ltd (Groww) has witnessed strong institutional interest, with as many as 123 Mutual Funds investing in the stock as of March 31, 2026. The surge in fund participation comes amid a sharp rally in the company’s share price, which has climbed to an all-time high since its market debut.
The stock, which was listed on November 12, 2025, at Rs 112, has nearly doubled in value in a short span. As of 10:42 am on the latest trading session, the company's share price was trading at around Rs 205.33. During the day, it touched a fresh high of Rs 212.90, marking an increase of approximately 90 per cent from its listing price.
Momentum Ahead of Earnings
The rally in the company's share price comes ahead of its upcoming financial results. The company is scheduled to announce its Q4 and full-year FY26 results on April 20, 2026. Market participants are closely watching the earnings outcome, which could provide further direction to the stock.
Top Mutual Fund Investors
Among institutional investors, several mutual funds have taken significant exposure to the stock during March 2026. The top five funds by highest AUM:
|
Fund Name |
Amount (in Rs crore) |
AUM (in per cent) |
No of Shares |
|
Edelweiss Small Cap Fund-Reg(G) |
5,107.7 |
0.66 |
22,39,181 |
|
Edelweiss Aggressive Hybrid Fund-Reg(G) |
3,308.9 |
0.45 |
10,00,000 |
|
Motilal Oswal Nifty Midcap 150 Index Fund-Reg(G) |
2,900.8 |
0.26 |
5,11,316 |
|
Nippon India ETF Nifty Midcap 150 |
2,812.7 |
0.27 |
4,97,865 |
|
Motilal Oswal Nifty 500 Index Fund-Reg(G) |
2,638.9 |
0.05 |
91,896 |
About Billionbrains Garage Ventures Ltd (Groww)
Billionbrains Garage Ventures Ltd is a direct-to-customer digital investment platform that enables individuals to access a wide range of financial products and services. Through the Groww app and website, customers can invest in and trade stocks, participate in IPOs, and explore instruments such as derivatives, bonds and mutual funds, including offerings from Groww Mutual Fund.
Billionbrains Garage Ventures Ltd Share Price Performance
On Wednesday, Billionbrains Garage Ventures Ltd share price was trading at Rs 205.77, up Rs 11.34 or 5.82 per cent, hitting its all-time high since listing. During the day, the share price made a high of Rs 212.90.
The stock has delivered strong returns to investors, gaining 32.52 per cent over the past month and 32.97 per cent on a year-to-date basis.
Disclaimer: The article is for informational purposes only and not investment advice.