Product Overview

Product: Groww

Feature: Facts-Only Mutual Fund Assistant

Product Type: RAG-based Mutual Fund FAQ Assistant

Target Users: Retail users who want quick and verified factual information about mutual fund schemes.

Objective:

Help users find factual information about selected mutual fund schemes through concise, citation-backed answers sourced only from official AMC, SEBI, and AMFI pages.

2. Problem Statement

Mutual fund information such as expense ratio, exit load, minimum SIP, lock-in period, benchmark, riskometer, and scheme-related documents is often spread across multiple official pages and documents.

Users may need to search through scheme pages, factsheets, KIMs, SIDs, and FAQs to find a simple factual answer.

This creates unnecessary effort for users who only want quick and reliable information about a mutual fund scheme.

3. Proposed Solution

Build a Facts-Only Mutual Fund Assistant that allows users to ask simple factual questions about selected mutual fund schemes.

The assistant will retrieve information only from approved official sources and provide:

• A short factual answer
• One official source link
• The date on which the source was last checked

The assistant will not provide investment advice, recommendations, return predictions, or personalized financial guidance.