Adding users to groups created on demand for monthly cohorts

Are the groups strictly by month, or by month and year?

This could be a good scenario for using Workflows. You could set a trigger when the user is created, extract the current month, and add them to the corresponding group.

What’s your use case for having them in these groups, if you don’t mind me asking? I ask because perhaps there’s a way to simplify what you’re aiming to get.