Groww
Beginners and SIP / mutual-fund investors who want a clean mobile experience. App-first investing platform popular with first-time investors. Strong for stocks, mutual funds, IPOs and a simple onboarding flow.
Score 8.5/10 · Fees verified 20 Aug 2026 · Partner / referral link available
Referral code: D8A62W — prefer the Open account button so the link applies automatically.
Account opening
Free online account opening
AMC
₹0 AMC on many plans (confirm current offer)
Equity delivery
Often ₹20 / order or promotional zero — verify tariff sheet
Intraday / F&O
About ₹20 per order (indicative) · About ₹20 per order (indicative)
Overview
App-first investing platform popular with first-time investors. Strong for stocks, mutual funds, IPOs and a simple onboarding flow.
Best for: Beginners and SIP / mutual-fund investors who want a clean mobile experience
Why EnrichReturns highlights it: Simple app UX, often zero AMC, and stocks + mutual funds in one place.
Type: discount · Depository: CDSL · Badge: Best for Beginners
Score breakdown
Pricing
8.8
Platform
8.5
Products
8.5
Suitability
9.5
Research
6.5
Support
7.5
Convenience
9.2
Transparency
8.0
Indicative fee model (for estimators)
- Opening: ₹0
- AMC / year: ₹0
- Delivery / order: ₹20
- Intraday / order: ₹20
- F&O / order: ₹20
- DP / sell: ₹20
Verified 20 Aug 2026. Source: https://groww.in/charges. Statutory charges extra.
Highlights
- Very beginner-friendly UI
- Mutual funds + stocks in one app
- Fast KYC for many users
Platforms & segments
Platforms: Groww app, Groww web
Segments: Equity, Intraday, F&O, Mutual funds, IPO, Digital gold
DP charges: About ₹20 + GST per sell (confirm)
Pros
- Simple app
- Good for SIPs and IPOs
- Often zero AMC
Cons
- Fewer power-trader tools than Kite/Pro platforms
- Charges can change with plans
How to open (typical 3 steps)
- Open the broker link and continue in their app or web signup.
- Complete KYC (PAN, Aadhaar/eSign, bank proof, selfie as required).
- Activate segments you need and start investing.
Other brokers
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Upstox
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About Groww demat account
Broker demat account page with indicative charges, platforms, pros/cons and an open-account link.
How it works
Review AMC and brokerage, then complete KYC on the broker’s official site.
Practical tips
Prefer partner links only when you intend to use that referral; otherwise use the official website button.
Important to know
Fees change — confirm on the broker tariff sheet. Not investment advice.
Frequently Asked Questions
- Is Groww demat account opening free?
- Free online account opening. Always confirm the current offer and KYC requirements on the broker website before you apply.
- What are Groww brokerage charges?
- Indicative charges — equity delivery: Often ₹20 / order or promotional zero — verify tariff sheet; intraday: About ₹20 per order (indicative); F&O: About ₹20 per order (indicative). AMC: ₹0 AMC on many plans (confirm current offer). DP: About ₹20 + GST per sell (confirm). Verified 20 Aug 2026 against https://groww.in/charges.
- What is the EnrichReturns score for Groww?
- 8.5/10 using our published weights (pricing, platform, products, suitability, research, support, convenience, transparency). Editorial estimate only — not a SEBI rating.
- How do I open a Groww account from EnrichReturns?
- Use the Open account / Visit website button on this page. You complete KYC on Groww’s site. EnrichReturns does not process applications.
- Are fees guaranteed?
- No. Charges, AMC waivers and promos change. Treat figures as educational comparisons only.