Groww review
Independent review of Groww — brokerage, app, account opening, customer support and the kind of investor it actually fits. Groww is one of India's largest discount brokers.
Verdict
Beginner and cost-conscious DIY investors who want a single, simple app for direct mutual funds, stocks, IPOs and F&O at flat, low brokerage.
Brokerage at a glance
Headline brokerage on the default Groww flat ₹20 plan. On top of brokerage you also pay STT, exchange transaction charges, SEBI fee, stamp duty, GST and DP charges — see full charges for the breakdown.
About Groww
Groww is one of India's largest discount brokers. Delivery and intraday are charged at flat ₹20 or 0.1% per executed order, whichever is lower, with a ₹5 minimum brokerage floor; F&O is flat ₹20 per order.
The Groww trading app
- Stocks, mutual funds, US stocks, and FDs in one app
- IPO application via UPI
- Direct mutual funds — zero commission, one-tap SIP
- Portfolio tracker with P&L view
Opening a Groww account
Account opening is fully online for Indian residents. Keep your PAN, Aadhaar (with mobile linked for OTP), a bank cancelled cheque or statement, a passport-size photo and a signature on white paper handy. Aadhaar e-KYC, in-person video verification and e-sign typically take 1–3 working days end-to-end. Start at groww.in.
Customer support
Groww support is available 24x7 (customer care via phone/email). officer contacts available monday to friday, 9 am - 5 pm.. For complete contact details, the four-level SEBI escalation path (broker desk → compliance officer → SCORES → SMART ODR), and what to have ready before escalating, see the Groww customer care page.
Pros and cons
How we judge this: these pros and cons are drawn from Groww’s published charges and platform features, its app-store ratings — cross-checked against its SEBI registration and NSE / BSE membership. They are our editorial assessment, not a sponsored placement, and not financial advice.
What users say about Groww
Paraphrased themes from public app-store reviews and forums — these are users’ opinions, not our testing, and not financial advice. Sampled 2026-06-14.
- Simple, beginner-friendly interface unifying stocks, mutual funds, IPOs, F&O and more in one app.
- Flat, transparent pricing (Rs 20 or 0.1% per executed order, whichever is lower, min Rs 5) with zero account opening fee and zero demat AMC.
- Free direct mutual fund investing with zero commission.
- 100% paperless, fully online account opening.
- Official trading API and Python SDK available for algo trading.
- Some users report occasional app outages or slowness during periods of high market activity.
- Some users report delays in fund withdrawals reaching their bank account.
- Some users report difficulty reaching customer support quickly.
- Platform offers limited in-house research, stock tips, or advisory content.
Alternatives to Groww
By active client count, Groww is the #1 largest of 38 retail brokers on the NSE (as of 2026-04-30). If you're weighing it against the field, these are the brokers people most often compare it with:
Side-by-side head-to-head comparisons:
See the full ranked list of every retail broker in India on the stock brokers in India page, or compare exact landed cost on a typical trade with the brokerage calculator — switch brokers in the dropdown without leaving the page.
Frequently asked
What people ask about Groww.
Groww is SEBI-registered and holds NSE / BSE membership, so it meets the regulatory bar every Indian broker must clear. Whether it is a good fit depends on what you trade. Beginner and cost-conscious DIY investors who want a single, simple app for direct mutual funds, stocks, IPOs and F&O at flat, low brokerage.
Equity delivery is ₹20 / 0.1% (min ₹5). Equity intraday is ₹20 / 0.1% (min ₹5). Equity options is Flat ₹20. On top of brokerage you pay STT, exchange transaction charges, SEBI fee, stamp duty, GST and DP charges. The brokerage calculator on this site shows the all-in landed cost for a sample trade.
Groww is registered with SEBI and a trading member of NSE / BSE. Demat accounts are held with CDSL or NSDL — the broker does not hold your shares, the depository does. Funds are held in a SEBI-regulated client bank account separate from the broker's own funds. The risk to investors from broker failure is limited; the larger risk to manage is account fraud via phishing and OTP sharing.
Stocks, mutual funds, US stocks, and FDs in one app. IPO application via UPI. For a full feature list and download links see the Groww app page.
Account opening is fully online for Indian residents. You need PAN, Aadhaar (with mobile linked for OTP), a bank cancelled cheque or statement, a passport-size photo and a signature on white paper. Aadhaar e-KYC, in-person video verification and e-sign typically take 1–3 working days. Apply via https://groww.in.
Discount brokers comparable to Groww include Zerodha, Groww, Upstox, Dhan and Angel One. Full-service alternatives include ICICI Direct, HDFC Securities, Kotak Securities and Sharekhan. Compare brokerage rates side-by-side on the brokerage calculator before switching.