Groww Charges 2026 — Brokerage, MTF, AMC & DP Fees
Groww (Mobile-first broker with large mutual fund base) charges ₹20/trade or 0.1% (whichever is lower) on equity delivery, ₹20/trade or 0.1% (lower) on intraday and ₹20/trade on F&O. MTF interest is ~14.95% p.a. and AMC is ₹0 (free). Best for: Beginners, mutual-fund-first investors, mobile-only users.
Charges verified March 2026. Live per-stock MTF rates: /mtf.
Groww charges at a glance
| Charge | Groww |
|---|---|
| Equity delivery brokerage | ₹20/trade or 0.1% (whichever is lower) |
| Intraday brokerage | ₹20/trade or 0.1% (lower) |
| F&O brokerage | ₹20/trade |
| MTF interest (per annum) | ~14.95% p.a. |
| AMC (account maintenance) | ₹0 (free) |
Is Groww safe?
Yes — Groww is a SEBI-registered stockbroker and depository participant. Your shares are held in your own demat account with NSDL/CDSL, not with the broker, so they are safe even if the broker has issues. Equity trades are covered by the exchanges' investor protection funds. As with any broker, enable two-factor authentication and check your contract notes.
Pros
- Zero annual maintenance charge
- Clean, beginner-friendly mobile UX
- Unified mutual fund + stocks + FD + gold
- Fast account opening (under 10 min)
Cons
- ₹20/trade on delivery (not free like Upstox/Zerodha)
- Limited advanced charting
- No desktop terminal as polished as Kite
Compare Groww with other brokers
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