Groww review
Beginners and casual investors who want a simple, clean app with zero AMC and free direct mutual funds. Charges verified as of Jun 2026.
By NexMaxo Editorial Team · Charges verified Jun 2026 · standard published equity plan
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Groww charges at a glance
Open account- Equity delivery
- ₹20 or 0.1%, lower (min ₹5)
- Intraday
- ₹20 or 0.1%, lower (min ₹5)
- DP sell / scrip
- ₹23.6
- Account opening
- ₹0
- Demat AMC
- ₹0 lifetime (no AMC)
- Type
- Discount
Platforms: Groww app & web, Groww Terminal, 915 Terminal (charting), Groww Lite
Pros & cons
- Zero account-opening fee and ₹0 lifetime demat AMC with no conditions
- Free direct mutual funds plus stocks, F&O, IPO and MTF in one clean, beginner-friendly app
- India's largest broker by active clients (~1.25 crore NSE-active), with TradingView charts and a Groww Lite backup portal
- Simple, transparent ₹20-or-0.1%-lower pricing that's easy for new investors to understand
- Equity delivery is NOT free — ₹20 or 0.1% (min ₹5), unlike Zerodha/Dhan which offer zero delivery brokerage
- No call-and-trade facility — no phone order placement if the app/web is down
- Documented platform outages (e.g. Aug 2024 order delays, Nov 2025 disruption) that can affect trades
- Lacks bracket/cover orders and deeper analytics, so it's less suited to active/pro traders; support is frequently criticised
Compare Groww
Groww — FAQs
As of Jun 2026, Groww charges ₹20 or 0.1%, lower (min ₹5) on equity delivery and ₹20 or 0.1%, lower (min ₹5) on intraday, plus a DP charge of ₹23.6 per scrip on every delivery sell. Statutory charges (STT, exchange, SEBI, stamp duty, GST) are the same across all brokers. Confirm current rates on the official charges page.
Yes — Groww charges ₹20 or 0.1%, lower (min ₹5) on equity delivery, unlike zero-delivery brokers such as Zerodha and Dhan. A per-scrip DP charge of ₹23.6 also applies on every delivery sell.
₹0 lifetime (no AMC). AMC is a recurring fee to keep your demat account active; a BSDA (Basic Services Demat Account) can reduce it to ₹0 for small holdings. Confirm the current AMC on the broker's site.
Groww is a SEBI-registered broker and exchange member. Your shares aren't held by the broker — they sit in your name with the depositories (CDSL/NSDL), so they're protected even if the broker has issues. Keep your login secure and verify holdings in your CDSL/NSDL statement.
This is an informational review of published charges, not investment advice or a recommendation to open an account. Charges are the standard equity plan verified as of Jun 2026; brokers change pricing and run promotions, so confirm current rates on the official charges page before opening. Investing carries market risk.