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HomeBrokersGroww Review
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Groww Review 2026

4.3/531,200 reviewsDiscount Broker
Equity Delivery
₹20 or 0.05% (lower)
Equity Intraday
₹20 per order
Account Opening
Free
Annual Maintenance
Free first year, ₹300/year
IPOGenie Rating
4.3/5
Open Free Account →

100% free · Takes 10 minutes

Visit Official Site

About Groww

Groww began as a mutual fund platform in 2016 and has since evolved into a comprehensive investment super-app serving over 10 crore registered users. Backed by Tiger Global, Sequoia, and other marquee investors, Groww has achieved unicorn status and is reportedly planning an IPO. The platform's clean UX has been credited with bringing millions of first-time investors into the markets, particularly during the post-COVID retail investing boom.

Groww — Pros & Cons

Pros

  • Exceptionally clean, beginner-friendly interface
  • All-in-one app for stocks, MF, gold, FD, and US stocks
  • Largest installed base among retail investors in India
  • Strong brand recognition, especially among millennials
  • Quick account opening in minutes

Cons

  • Equity delivery NOT free — ₹20 per trade
  • Limited advanced trading tools compared to Zerodha
  • No 3-in-1 account integration
  • Research and advisory tools are basic

IPOGenie's Groww Review

Groww's design-forward approach makes it the best choice for first-time investors who value simplicity and an integrated investment experience. However, investors who trade delivery equity actively should note that Groww charges ₹20 per delivery trade — unlike Zerodha and Upstox which are free. For pure mutual fund investors, Groww is excellent. For active stock traders, Zerodha edges it out. Rating: 4.3/5 — Recommended for beginners and MF investors.

Groww Brokerage Charges 2026

SegmentBrokerage
Equity Delivery₹20 or 0.05% (lower)
Equity Intraday₹20 per order
Equity F&O₹20 per executed order
Mutual FundsZero
Account OpeningFree
Annual Maintenance (Demat)Free first year, ₹300/year

FAQs — Groww

Is Groww safe for investing?
Groww is a SEBI-registered stockbroker and member of NSE and BSE. Your investments are held in your Demat account, separate from the broker. SEBI's Investor Protection Fund provides additional safety net. Groww has been operating since 2016 with a strong track record.
How to open a Groww account?
Opening a Groww account is entirely digital and takes about 10-15 minutes. You need: PAN card, Aadhaar card, bank account details, and a smartphone with a camera for video KYC. Visit the official website or app, fill in your details, complete KYC, and your account is typically activated within 24 hours.
Can I apply for IPOs through Groww?
Yes. Groww supports IPO applications through UPI ASBA. Simply log into your account, navigate to the IPO section, select the IPO, enter the quantity and UPI ID, and approve the mandate on your UPI app. The application amount is blocked (not debited) until allotment.
What trading platforms does Groww offer?
Groww offers the following trading platforms: Groww App, Groww Web. These are available on web browser, iOS, and Android.