Investing is FREE
Mutual funds or stocks, investing on Groww is free.
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Direct Mutual Funds
Zero commission mutual fund investments for free
Stock Investing
Zero charges on all equity delivery investments
Account ChargesTransaction Charges
Account Opening Charges
₹0 (Limited period only)
No charges for opening stock account on Groww
Account Maintenance Charges
₹25/month ₹0 (till 31st March, 2020)
Charged only if you have any stock in your account in that month
All Charges Explained
Equity Delivery
Charged by broker on buy orders when equity is delivered in demat account. It is Zero on Groww.
Equity Intraday
Charged by broker if you buy and sell on the same day. It is 0.1% of sell order value on Groww.
Inter-settlement charges
If you buy today and sell next day (without getting delivery of stocks in demat account), 0.1% of sell order value is charged by DP (Depository Participant) .
AMC (Account maintenance charges)
For managing your demat account (if you hold any stock in your demat account in that month) by DP. It will be ₹25/month from April, 2020.
DP Charges (Buy Order)
Charged by DP for crediting stocks to demat account. It is Zero on Groww.
DP Charges (Sell Order)
Charged by DP for debiting stocks from demat account. It is ₹8 + ₹ 5.50 (CDSL Charges) per ISIN (company/ETF) per day on Groww regardless of quantity sold.
Securities Transaction Tax (STT)
Charged by government when you transact on exchanges. It is 0.1% of order amount in case of equity delivery and 0.025% of order amount in case of equity intraday.
Transaction Charges
Charged by exchange for trading. It is 0.00325% on NSE and 0.003% on BSE of order amount, applicable on both buy and sell.
Clearing Charges
Charged by clearing member of NSSCL (clearning corporation of NSE) and ICCL (clearing corporation of BSE).
Stamp Duty
Charged by state government as stamp duty for contract note. It is different for each state but maximum is 0.018%.
Check Here.
SEBI Turnover Charges
Charged at 0.0001% by SEBI (Securities and Exchange Board of India) for regulating the markets.
Payment Gateway Charges
Charges for depositing money in Groww Balance. It is zero as of now.
GST
GST of 18% is applied on charges wherever applicable.
Other Charges
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Demat/Remat: Rs. 150 per certification + courier charges | Failed Off-Market Demat Transactions: Rs. 50 per ISIN | Pledge/ Unpledge of Demat Secutires: Rs. 20 + Rs. 12 per request (CDSL Charges) | Pledge Invocation: Rs. 20 | Perodic/ Adhoc Demat Statement Request: Email: Free, Physical: Rs. 100 per request + Rs. 10 per page + courier charges | Account Modification Request: Rs. 50 | KRA Upload/ Download: Rs. 50 | Delivery Instruction Slip: First (10 leaves): Free | Addl (10 leaves): Rs. 100 + courier charges | Physical CMR(Client Master Report): Rs. 20 + Courier Charges | Physical Contract Note: Rs. 100 + Courier Charges | Courier Charges: Rs. 100 or actual whichever is higher.
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