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 8.7/10 · Status Plan-dependent · check tariff 12 Sep 2026 · Partner / referral link available
Referral code: D8A62W — prefer the Open account button so the link applies automatically.
Account opening
Plan-dependent — see Groww tariff
AMC
Plan-dependent — see tariff
Equity delivery
Plan-dependent — see tariff
Intraday / F&O
Plan-dependent — see tariff · Plan-dependent — see tariff
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
Key charges
- Opening: Plan-dependent — see Groww tariff
- AMC: Plan-dependent — see tariff
- Delivery: Plan-dependent — see tariff
- Intraday: Plan-dependent — see tariff
- F&O: Plan-dependent — see tariff
- DP: Plan-dependent — see tariff
Status: PLAN DEPENDENT · 12 Sep 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: Plan-dependent — see tariff
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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8.5/10 · Investors who want research ideas plus a full-featured trading app
Dhan
8.4/10 · F&O and options-focused traders
Upstox
8.3/10 · Budget-conscious traders who want Pro-style charts and quick onboarding
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?
- Plan-dependent — see Groww tariff. Always confirm the current offer and KYC requirements on the broker website before you apply.
- What are Groww brokerage charges?
- Charges — equity delivery: Plan-dependent — see tariff; intraday: Plan-dependent — see tariff; F&O: Plan-dependent — see tariff. AMC: Plan-dependent — see tariff. DP: Plan-dependent — see tariff. Status PLAN_DEPENDENT as of 12 Sep 2026. Source: https://groww.in/charges.
- What is the EnrichReturns score for Groww?
- 8.7/10 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.