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Groww logoGroww review

Beginner-friendly investing super-app

4.5/ 5App: 4.5/5
  • Since 2016
  • Delivery ₹20 or 0.1% per order
  • AMC ₹0
Open an account with GrowwCompare Groww →SEBI-registered stockbroker | Member: NSE, BSE

Reviewed by LetsInvest Research DeskUpdated 13 Sept 2026Pricing verified 13 Sept 2026How we test

Fees & pricing4.3
Trading platforms4.4
Customer support4.0
Research & education3.2
Ease of opening4.9

Overview

Groww started as a direct mutual-fund platform and is now a full stockbroker offering stocks, F&O and IPOs alongside mutual funds in one app. (US-stock investing was discontinued in Sep 2024.)

Best for: Beginners and mutual-fund investors who want one simple app for everything.

Pros & cons

What we like

  • Easiest onboarding for first-time investors
  • Stocks, MFs and IPOs in one app
  • Clean, modern mobile experience
  • Free account opening

Watch out for

  • Flat per-order pricing adds up for small trades
  • Limited advanced charting vs Kite/TradingView depth
  • Research content is basic

Fees & charges

Account charges

Account openingOne-time charge to open your demat + trading account. Many discount brokers have made this free.
₹0 (free)✓ Verified 13/9/2026Source: Groww pricing page · Static-verified
Annual maintenance (AMC)Yearly demat maintenance, charged by the broker (separate from CDSL/NSDL custodian fees). Often free for the first year.
₹0✓ Verified 13/9/2026Source: Groww pricing page · Static-verified

Equity

Equity deliveryBrokerage when you buy shares and hold them overnight or longer. This is the charge long-term investors should minimise.
₹20 or 0.1% per order✓ Verified 13/9/2026Source: Groww pricing page · Static-verified
IntradayBrokerage on same-day buy-sell trades. Percentage caps (e.g. 0.03%) protect small orders from the flat fee.
₹20 or 0.1% per order✓ Verified 13/9/2026Source: Groww pricing page · Static-verified

Derivatives (F&O)

OptionsPer-order charge for options buying/selling. Excludes STT, exchange and SEBI charges, which apply equally everywhere.
₹20 per order✓ Verified 13/9/2026Source: Groww pricing page · Static-verified
FuturesPer-order charge for futures trades. Same statutory extras as options apply on top.
₹20 per order✓ Verified 13/9/2026Source: Groww pricing page · Static-verified
Source & freshness
Source
Each broker's official pricing page (per-row source links above)
Timeliness
Static-verified
Verified
13/9/2026
Method
reported
Note
Re-checked against official pages; unverified rows show Confirming. Never a live tick.

Sources: official broker pricing pages. Figures marked “Confirming” are being re-verified — always confirm before trading.

What you can invest in

Stocks (delivery)
✓ Yes
Intraday
✓ Yes
Futures & options
✓ Yes
Mutual funds
✓ Yes
IPOUPI-based IPO applications
✓ Yes
US stocks
—
Trading API
—

Platforms & features

research

  • Research & advisory—

investing

  • IPO investing✓ · UPI-based IPO applications
  • US stocks—

platforms

  • Mobile app✓ · Groww (Android + iOS)
  • Web platform✓ · Groww Web

support

  • Customer support✓ · Help center + in-app chat + email (support@groww.in) + phone 9108800000

Support & company

Customer support

Help center + in-app chat + email (support@groww.in) + phone 9108800000

Company facts

Founded
2016
Regulation
SEBI-registered stockbroker | Member: NSE, BSE
Our verdict
Groww is the easiest on-ramp to Indian investing. Active high-volume traders should compare per-order costs with Zerodha before switching.

How to open a Groww account

  1. Start your application

    Open the Groww signup with your mobile number and email — it takes about 10 minutes.

  2. Complete e-KYC

    Verify with PAN, Aadhaar-based OTP, a live selfie and your bank proof (cancelled cheque or statement).

  3. E-sign documents

    Digitally sign the account-opening form and nomination details via Aadhaar e-sign.

  4. Get your client ID

    Activation usually takes 24–48 hours. Your login credentials arrive by email and SMS.

Start your Groww application

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Where does Groww rank for your style?

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Groww FAQs

Is Groww safe?

Yes. Groww is a SEBI-registered stockbroker (NSE/BSE member). Your stocks and mutual-fund units are held in your name; Groww is the execution platform. Standard market risks apply.

What does Groww charge?

Groww charges the lower of ₹20 or 0.1% per executed equity order (minimum ₹5), and flat ₹20 per F&O order, with free account opening and zero AMC. Check the fee table above for the verified breakdown.

Can I invest in US stocks via Groww?

Not currently — Groww discontinued its US-stocks offering in September 2024 and now serves Indian stocks, MFs and ETFs only. A GIFT City-based relaunch is expected; meanwhile compare INDmoney or dedicated LRS routes for US exposure.

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Brokerage history

No price changes recorded since tracking began — current fees verified 13/9/2026. How monthly tracking works →

Affiliate disclosure: LetsInvest earns a commission if you open an account via links on this page — at no extra cost to you. Rankings are editorial and never sold. Read how we make money and our methodology.
How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.
Open an account with Groww

Official site — pricing varies by plan, verify before acting.