How do I invest in Grobox baskets?

How do I invest in Grobox baskets?

Investors who want to invest in a basket of instruments like stocks and mutual funds in a cost effective, easy way can use Grobox. Grobox baskets are created by experts. You can also create your own baskets of stocks/mutual funds.

After selecting a basket, you can execute the buy/sell basket transaction by signing in with your IIFL account.

Grobox baskets are created based on acceptable risk levels for investors. These could be high, mid, and low risk baskets. The underlying securities in each basket are weighted. These securities can be stocks, exchange traded funds, and mutual funds. A Grobox basket might have multiple types of securities 

An investor can choose the readily available pre-built baskets on Grobox through 
on the home page. Based on his or her risk appetite, the investor can select the Grobox of their choice.



There are different Groboxs available based on risk criteria and investment types, which include stocks, exchange traded funds, or a combination. These baskets are sorted based on the risk appetite of investors - into high risk, medium risk, and low risk, which you can filter via the menu bar on top. You can also bookmark baskets using the bookmark icon on the lower right of the basket card, to add a basket to your watchlist.
The Grobox baskets also have additional tags assigned which help in finding baskets with specific themes directly. For example, you can filter for Growth baskets:

 

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