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🌱 Groww Review 2026

India's fastest-growing broker — honest review of charges, features, pros & cons

1 Cr+

Active Clients

₹0

Account Opening

₹0

Demat AMC

4.1★

Our Rating

4.1

★★★★

Good — Best for beginners and mutual fund investors

Groww was founded in 2016 and quickly became India's go-to app for first-time investors. Known for its extremely simple UI, zero AMC, and beginner-friendly mutual fund platform. It has 1 crore+ active clients and supports stocks, ETFs, IPOs, US stocks, and crypto. The app is beautifully designed but lacks advanced charting for active traders.

💰 Groww Charges 2026

Segment	Brokerage	Notes
Equity Delivery	₹20 per order	Unlike Zerodha, Groww charges even for delivery
Equity Intraday	₹20 per order	Flat fee per executed order
Equity F&O	₹20 per order	Flat fee
IPO Application	₹0 FREE	Apply via Groww app, no charges
Mutual Funds	₹0 FREE	Direct plans, no commission
US Stocks	$0 per trade	Via Groww's US stock platform
Account Opening	₹0 FREE	Fully online, Aadhaar-based KYC
Demat AMC	₹0 FREE	No annual maintenance charges
DP (Sell) Charges	₹13.5 + GST per scrip per day	Charged when selling from demat

⚖️ Pros & Cons

✅ Pros

Zero demat AMC forever
Simplest app for beginners
Excellent mutual fund discovery
US stocks available
Clean, modern UI / UX
Free IPO applications
Good for long-term SIP investors

❌ Cons

₹20/order even for delivery (Zerodha is free)
No advanced charting tools
Basic research and screener
Not suitable for active traders
Customer support can be slow
No commodity/currency trading

💡 Groww vs Zerodha — Which Should You Pick?

If you're investing in IPOs and stocks for the long term, Zerodha is better — zero brokerage on delivery saves you money every trade. Groww is great for mutual funds and beginners, but ₹20/delivery adds up.

⚡ Open Zerodha — Zero Delivery Charges + ₹100 Reward

Max 5 ₹100 reward claims/month · Email Client ID to contact@ipobee.in