Introduction

Understanding brokerage charges is one of the most important steps before choosing any stock broker — but most beginners ignore it completely.

Platforms like Groww make investing look simple, but the real question is:

👉 How much does it actually cost you to trade?

Because even small charges like brokerage fees, DP charges, and taxes can slowly reduce your overall returns without you realizing it.

In this guide, we will break down Groww brokerage charges in a simple and practical way, so you clearly understand what you will pay while investing or trading.

If you’re new to the stock market, it’s worth first understanding how Demat accounts work — it will make these charges much easier to understand.
But if you are new to demat world first understand : What Is a Demat Account? (Complete Beginner Guide) or you can check this article after reading this.

Groww Brokerage Charges (Quick Answer)

Groww charges ₹0 brokerage on equity delivery and ₹20 per order or 0.05% (whichever is lower) for intraday and F&O trades. There are no annual maintenance charges (AMC) for most users, but additional costs like DP charges, taxes, and transaction fees still apply.

👉 Key Groww charges:

• Equity Delivery → ₹0 brokerage
• Intraday → ₹20 or 0.05% per order
• F&O → ₹20 per order
• AMC → ₹0 (for most users)
• DP Charges → ₹13.5 + GST per scrip (on sell)

“At first glance, Groww looks completely free — but once you start trading regularly, these small charges start adding up.”

Well, lets dig in and understand what are actual charges we pay while making trade.

Lets Understand Each Charge deeply

Equity Delivery Charges (Long-Term Investing)

Groww offers zero brokerage on delivery trades.

This means:

• No charge when you buy shares for long-term investing
• No charge when you sell delivery shares

This is one of the main reasons why Groww is popular among beginners.

If you are just starting, you can learn here:
👉 Best Demat Account for Beginners in India
👉 How to Start Investing in Stock Market with ₹1000

Intraday Trading Charges

For intraday trading, Groww charges:

₹20 or 0.05% per order (whichever is lower)

Example:

If you trade ₹40,000:

• 0.05% = ₹20
• So brokerage = ₹20

If you trade ₹10,000:

• 0.05% = ₹5
• So brokerage = ₹5

This makes Groww competitive for small traders.

If you are interested in Intraday Trade Read our guide on : Best Demat Account for Intraday Trading in India (2026 Guide for Beginners & Traders)

Futures & Options (F&O) Charges

For F&O trading:

• Flat ₹20 per order

This applies to:

• Futures trading
• Options trading

Even though the charge is flat, frequent trading can increase overall costs.

Groww AMC Charges (Annual Maintenance Charges)

Groww charges an AMC (Annual Maintenance Charge) for maintaining your demat account.

Even if you don’t use your account, AMC may still apply.

If you want to understand AMC at deep level you can read:👉 Demat Account AMC Charges Explained

Groww DP Charges (Important)

DP (Depository Participant) charges apply when you sell shares.

• Approx ₹13.5 + GST per transaction

This charge is often ignored by beginners but can add up over time.

Get Full depth understanding about DP : What is a Depository Participant (DP) in Demat Account? (Complete Guide)

Additional Charges in Groww

Apart from brokerage, there are some government and regulatory charges:

You can understand all charges here:
👉 Demat Account Charges in India (2026 Guide)

Is Groww Really Free?

Groww is partially free, not completely free.

Free Services:

• Equity delivery trades
• Mutual fund investments

Paid Services:

• Intraday trading
• F&O trading
• DP charges
• Taxes and statutory charges

So while Groww is low-cost, it is not entirely free.

Something That Might Help You Understand Charges Better:

Let’s understand with a simple example:

If you place 20 trades in a month:

• Brokerage: ₹20 × 20 = ₹400
• Yearly brokerage: ₹4800

Now add DP charges and taxes:

👉 Your actual cost becomes even higher.

This is why understanding full charges is important before choosing a broker.

Groww vs Zerodha Charges

Here is a quick comparison:

“Most beginners focus only on brokerage, but ignore these extra charges — and that’s where the real cost comes in.”

For detailed comparisons:
👉 Zerodha vs Groww for Beginners
👉 Groww vs Zerodha vs 5Paisa (Complete Comparison Guide)
👉 Groww vs 5Paisa: Which Broker Is Better for Beginners?

Who Should Use Groww?

Groww is best suited for:

• Beginners in stock market
• Long-term investors
• People investing small amounts

Its simple interface makes it ideal for new users.

Who Should Avoid Groww?

Groww may not be ideal for:

• Active traders
• Intraday traders
• Advanced investors needing complex tools

Real Cost Example

Let’s understand actual charges for a single trade with a simple example:

Scenario:

You buy shares worth ₹20,000 and sell later.

Charges:

• Brokerage: ₹0
• DP Charges: ₹13.5
• Taxes: ₹10–₹15

Total Cost:

Around ₹25–₹30

This shows that even “free” trading has small costs.

How to Reduce Groww Charges

You can reduce your costs by following simple strategies:

1. Focus on Long-Term Investing

Delivery trades are free, so avoid frequent trading.

2. Avoid Unnecessary Selling

DP charges apply every time you sell shares.

3. Limit Intraday Trades

Intraday brokerage can add up quickly.

4. Track Your Charges

Always review your contract notes and statements.

Common Mistakes to Avoid

Many beginners make these mistakes:

• Thinking Groww is completely free
• Ignoring DP charges
• Trading too frequently
• Not understanding taxes

Avoiding these mistakes can save money in the long run.

Should You Choose Groww?

Choose Groww if:

• You are a beginner
• You want simple interface
• You invest for long term

Avoid Groww if:

• You trade frequently
• You need advanced tools
• You are a professional trader

Final Verdict From Paisatech

Groww is a low-cost and beginner-friendly broker, but it is not completely free.

It offers:

• Zero brokerage on delivery
• Simple and easy-to-use platform
• Transparent pricing

However, you should always consider:

• DP charges
• AMC charges
• Government taxes

Understanding these costs will help you make better investment decisions.

FAQs

1. Is Groww brokerage completely free?

No, it is free only for delivery trades. Other charges still apply.

2. What is Groww intraday brokerage?

₹20 or 0.05% per order, whichever is lower.

3. Does Groww charge AMC?

Yes, around ₹300 per year after the first year.

4. What are DP charges in Groww?

Around ₹13.5 + GST per sell transaction.

5. Is Groww good for beginners?

Yes, it is one of the best platforms for beginners.