Groww
Discount Broker
About Broker
Armed with a vision to democratize investing and make it accessible and user-friendly, the four ambitious minds from Flipkart—Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh—founded Groww in 2017. In just seven years, Groww became India's number one stock broker, boasting the highest number of active investors. As of February 2024, Groww has an active client base of 9,185,024.
Product Basket
The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
Brokerage Plan
1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.
Charges
account opening
Freeaccount maintenance
Freecall trade
-Brokerage
equity delivery
0.05% up to Rs 20equity intraday
0.05% up to Rs 20equity futures
₹20 per orderequity options
₹20 per ordercurrency futures
-currency options
-commodity futures
-commodity options
-Margins
Equity Delivery
0x As per exchangeEquity Intraday
8x As per exchangeEquity Futures
0x As per exchangeEquity Options
0x As per exchangeCurrency Futures
-Currency Options
-Commodity Futures
-Commodity Options
-Platforms Offered
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Other Details
Advantages and Strengths of this broker.
Mutual fund investments are commission-free for customers.
The process of opening a trading and Demat account is quick and straightforward.
Users also have the option to purchase US equities, US ETFs, US fixed deposits, and digital gold.
The platform offers a simple and intuitive user interface.
Disadvantages of this broker that it needs to improve upon.
Groww does not provide commodity and currency trading options.
The platform does not offer analysis, trading advice, or recommendations.
Advanced order types such as GTT, Bracket, Cover orders, and AMO orders are not available.
It does not offer research reports on stocks.
Additional Features
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
Other Investment Options
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
Equily Charges
transaction charges
BSE: 0.00345%
NSE:
clearing charges
--
dp charges
₹ 13.5 per company
gst
18% on Brokerage + Transaction
stt
0.1%
sebi charges
0.0001%
transaction charges
BSE: 0.00345%
NSE:
clearing charges
--
dp charge
₹ 0
gst
18% on Brokerage + Transaction
stt
0.025%
sebi charges
0.0001%
transaction charges
BSE: 0.00345%
NSE:
clearing charges
NSE:
dp charge
₹ 0
gst
18% on Brokerage + Transaction
stt
0.025%
sebi charges
0.0001%
transaction charges
BSE: 0.00135%
NSE:
clearing charges
NSE:
dp charge
₹ 0
gst
18% on Brokerage + Transaction
stt
0.05%
sebi charges
0.0001%
