Groww Annual Charges, AMC, App Charges Details 

Groww is one of the fastest-growing stockbrokers in recent years. The biggest benefit of Groww is free account opening with zero AMC charges. 

One drawback is that Groww doesn’t provide trade in currency and commodities. NRI demat account facility is also not provided by Groww. 

In this blog post, I will provide you with a comprehensive guide to all the charges that Groww levies on its customers. 

Groww Charges Details 

Groww Account Opening Charges

• Groww provides zero fees for account Demat and trading accounts. 
• Groww Account Opening Charges – Free

Groww Annual Maintenance Charges 

Groww charges zero annual maintenance fee for Demat & trading accounts. Groww is among those top brokers who don’t charge any AMC.

Upstox and Fyers are the only 2 other stock brokers that charge zero AMC.

Groww Brokerage Charges

Groww offers one of the lowest brokerage charges in India. The brokerage charges are 0.05% or Rs. 20 per trade, whichever is lower. 

Let’s have a look at the brokerage charges 

Trading Segment	Charges
Equity Delivery	Rs. 20 or 0.05% whichever is lower
Equity Intraday	Rs. 20 or 0.05% per executed order whichever is lower
Equity Futures	Flat Rs. 20 per executed order
Equity Options	Flat Rs. 20 per executed order
Currency Futures	Not Applicable
Currency Options	Not Applicable
Commodity Futures	Not Applicable
Commodity Options	Not Applicable

Groww Delivery Charges

Upstox charges the same for intraday and delivery trade i.e a lower of Rs. 20 or 0.05% per executed order irrespective of the trading volume. 

For example, if you buy stocks worth Rs 20,000 then Groww will charge Rs 10 for stock delivery, not Rs 20.

But if you place an order for 5,00,000 then a fixed charge of Rs 20 will be charged.

Zerodha, Angel One, Fyers, and Paytm Money provide free stock delivery.

Groww Intraday Charges

Groww charges a lower of Rs. 20 or 0.05% per executed order irrespective of the trading volume. 

For example, if you trade worth Rs 20000 then Groww will charge Rs 10 for stock intraday, not Rs 20.

But if you place an order for 5,00,000 then a fixed charge of Rs 20 will be charged.

Groww Futures & Options Trading Charges

Groww charges a flat fee of Rs 20 per options order for the equity segment.

Groww Call and Trade Charges

Groww has not mentioned the charges on call and trade. 

Groww Charges for Mutual Funds 

Groww charges zero fees for mutual fund investments through its platform. You can also go through our list of best brokers for mutual funds investments.

Groww Charges for IPO Investment  

Groww charges zero fees for IPO investments through its trading platform.

Groww Plegde and Unpledged Charges 

You can use the margin against Demat holdings for trading futures & options only. Pledging in Groww is free of any charge. 

Groww charges Rs.20 per request per scrip basis for Unpledging the stocks. 

Groww Margin Shortfall Penalty 

If your Groww balance becomes negative, you will have to pay a daily charge of 0.045% 

Groww Charges For Auto-square Off

Groww charges Rs. 50 per auto-squares off all open intraday positions at or after the cut-off time.

Segment	Equity intraday	Equity F&O	Currency F&O	Commodity F&O
Cut-off time	3.20 pm	3.25 pm	4.45 pm	25 mins before close

Groww Funds Add Charges 

Groww charges no for adding funds to the account. 

Groww Funds Withdraw Charges 

Groww doesn’t charge any fee for withdrawing funds from your trading to your bank account.

Groww Charges for Cancelled Orders

Groww does not charge any fees for canceling orders.

Cancellation can be due to –

• Canceling orders manually
• Auto-canceled by the system
• The order rejected for the shortage of funds or any reason

Groww Charges for GTT

Groww does not charge any fees for setting up GTT (Good Till Triggered) orders. However, a normal brokerage fee of up to Rs. 20 is charged when the order is triggered.

Groww Charges For BTST

Groww charges Rs 0 for BTST trades as this order comes under delivery product. 

Groww Delayed Payment Charges

1. Groww charges 0.045% per day on the debit balance in your trading account in the following conditions. If the utilized funds cross the available balance in the Groww account, it will lead to a debit balance. Additionally, if charges are debited without sufficient balance, it could result in a debit balance. 

2. For overnight F&O positions, 50% of the margin needs to compulsorily come in cash or cash equivalent collateral, and the remaining 50% can be in terms of non-cash collateral margin. If sufficient cash margin is not maintained and the shortfall is funded by the non-cash collateral, there will be a delayed payment charge of 0.045% per day. 

Groww charges for physical delivery of derivatives 

You need to pay 0.05% of the contract value for the physical delivery of the contract.  

You can also check out our comparison of Groww vs Zerodha to compare two major discount brokers.

Government Taxes and Regulatory Charges

Groww SEBI Turnover Charges

Every broker has to pay a fee to SEBI for every trade that they execute on behalf of their clients.

Groww charges a fee of 0.0001% as SEBI charges.

Groww Transaction Charges

Groww charges transaction charges for every trade executed on the exchange. The charges are levied by the exchange and vary from one exchange to another. The charges are as follows:

Segment	Charges
NSE Equity (intraday/ delivery)	0.00345%
BSE Equity (intraday/delivery)	0.00345%
NSE Equity Futures	0.0020%
NSE Equity Options	0.053%

Groww STT Charges

STT (Securities Transaction Tax) is levied by the government on securities and commodities on all trades executed on the exchange. The charges are as follows:

Trading Segment	Charges
Equity Delivery	0.1% on both buy & sell
Equity Intraday	0.025% only on sell
Equity Futures	0.01% only on sell
Equity Options	0.05% on premium only on sell

Groww Stamp Duty

Stamp duty is a tax levied by the state government on the transfer of securities. Stamp duty is charged only on the buy side. 

The stamp duty charges are as follows:

Trading Segment	Charges
Equity Delivery	0.015%
Equity Intraday	0.003%
Equity Futures	0.002%
Equity Options	0.003%

Groww DP Charges

Groww charges a DP charge of Rs. 13.5 per scrip for each Demat debit transaction(sell). There are no charges for Demat credit transactions. This is charged only on stock delivery. 

GST (Goods and Services Tax)

GST is levied by the government on the services provided by the broker. 18% GST needs to be paid on all the charges like brokerage fees, SEBI charges, and transaction fees.

I have tried to add the details of all the Groww charges. If I missed any details, let me know in the comments.

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