What Are the Charges for Trading in Groww: Complete Fee Breakdown

Published On: 2025-10-29

Prepared by Jameson Richman and our team of experts with over a decade of experience in cryptocurrency and digital asset analysis. Learn more about us.

If you’re searching for "what are the charges for trading in groww", this guide gives a clear, actionable breakdown of all fees and statutory levies you should expect when trading on Groww. We explain brokerage models by product (equity delivery, intraday, F&O, currency, US stocks, mutual funds, IPOs), demat and account charges, statutory taxes and levies (STT, stamp duty, SEBI fees, GST), example calculations, tips to reduce costs, and how Groww compares with alternatives. Where numbers vary or change frequently, we show how to verify current rates and give examples to illustrate real-world cost impact.

Why understanding "what are the charges for trading in groww" matters

Trading costs directly reduce your net returns. Even small differences in brokerage or regulatory charges compound over time for active traders or SIP investors. Knowing precisely what you’ll pay on Groww helps pick the right order types, trading frequency, and platform for your needs. This article is focused on practical clarity — what you’ll pay, how statutory charges are calculated, and how to minimize fees.

Overview: Components of trading charges

When you place a trade on Groww or any Indian broker, total charges typically include:

Brokerage — fee charged by the broker for executing the trade (product-specific and may be zero for some categories)
Exchange transaction charges — levied by NSE/BSE/BSE derivatives for trade execution
STT (Securities Transaction Tax) — applies on certain equity and derivatives transactions
Stamp duty — state-level charge, varies by state and trade type
SEBI turnover fees — small regulatory fee per trade
GST — applied on brokerage + other service charges
Demat charges — account opening (one-time) and annual maintenance charges for your demat account
Fund transfer or currency conversion fees — for funding accounts or trading US stocks

Groww fee model — key points (what to expect)

Groww is positioned as a retail-friendly platform. As with other discount brokers, its fee model typically distinguishes between equity delivery (long-term buy & hold) and active/derivatives trading (intraday, F&O). Below are typical categories you should examine on Groww’s official pricing or help pages; always confirm current numbers on Groww before trading.

1. Equity delivery trades

Equity delivery trades (buy-and-hold) on many discount platforms are offered at very low or zero brokerage to attract long-term investors. For example, many brokers charge ₹0 brokerage on equity delivery; statutory charges (STT, stamp duty, exchange fees, GST) still apply. If Groww follows this model (check Groww’s fee schedule on its help pages), your primary costs for delivery are the statutory ones — STT on sale of equity, stamp duty, demat charges.

2. Equity intraday (MIS/CNC intraday)

Intraday trades (buy and sell on the same day) are charged differently because of higher execution intensity. Discount brokers commonly charge a flat brokerage per executed order (for example, ₹20 per executed order) or a small percentage of turnover for intraday. Groww’s intraday brokerage (if applicable) should be checked on Groww’s official fee page. Example cost drivers for an intraday order:

Brokerage (flat or %)
Exchange transaction charges
GST on brokerage
STT (applicable on intraday sell for certain segments)
Stamp duty

3. Futures & Options (F&O)

F&O charges are often flat-per-order on many discount brokers. Options buyers typically pay brokerage per executed order; option sellers may face higher margins and charges. For futures, many brokers charge per executed order or a % of turnover. Since F&O positions are leveraged and high-volume, statutory charges (exchange, SEBI fees, stamp duty, GST) significantly affect net P&L. Check Groww’s explicit F&O brokerage table for exact numbers.

4. Currency and commodity segments

If Groww supports currency or commodity trading, brokers generally set separate brokerage schedules for these segments. Expect a mix of flat fees and exchange-based charges. Verify Groww’s segment-specific schedule before trading currency pairs or commodities.

5. Mutual funds and SIPs

Mutual funds often have no brokerage for direct schemes executed through platforms — Groww is known for its mutual fund distribution business and often allows direct mutual funds without commission to the investor. If you pick regular mutual fund plans (not direct), there may be commission embedded in the expense ratio. For SIPs, there is typically no transaction brokerage, but check if a convenience or gateway charge applies when using third-party payment methods.

6. US stocks and international investing

Groww provides access to US stocks via a partnership or global investment product. Trading US equities involves:

Brokerage or service fee charged by Groww for US trades
Currency conversion fees (INR to USD), usually a markup over the mid-market FX rate
International taxes or withholding (for dividends)
Custody or remittance charges (if applicable)

Always confirm the exact currency conversion spread and per-trade fee Groww charges for US equities in their international product disclosures.

Statutory charges explained (relevant to "what are the charges for trading in groww")

Statutory charges are outside the broker’s control and apply to all platforms. Here’s how they typically apply:

STT (Securities Transaction Tax)

STT is levied on equity delivery and intraday/derivatives trades at different rates. For example, STT is charged on sell-side delivery transactions and on equity intraday/derivatives at prescribed rates. STT rates are determined by the government and are displayed per trade on your contract note.

Stamp duty

Stamp duty is collected at state level and varies by investor state of residence and transaction type (equity delivery, intraday, derivatives). Stamp duty can be a small percentage (0.002% or similar) or a fixed amount per transaction depending on the state rules.

Exchange transaction charges and SEBI fees

Exchanges (NSE/BSE) levy transaction charges based on turnover. SEBI also levies a tiny fee (turnover fee) per transaction. These are visible on the trade contract note and are small but recurring.

GST

GST (currently 18% on brokerage and certain service fees) is applied on the brokerage and any service charge levied by the broker. GST does not apply to statutory fees collected on behalf of the exchange/regulator.

Demat and account charges

Demat costs typically include:

Account opening fee: some brokers waive this; some charge a one-time fee.
Annual maintenance charge (AMC): charged by the depository participant (CDSL/NSDL) — often billed annually. Typical range historically has been ₹300–₹700/year, though many brokers offer lower or waived AMC during promotions.
Transaction or custodial fees: nominal fee per debit/credit instruction in your demat account.

Groww’s demat relationship will define the exact AMC and per-transaction charges — check Groww’s demat fees and DP disclosure for precise numbers.

Example cost calculations

Examples help make fees concrete. Below are sample calculations using illustrative numbers. Replace rates with Groww’s latest published fees to compute your exact costs.

Example A — Equity delivery buy and sell (illustrative)

Buy 100 shares @ ₹200 = Trade value ₹20,000
Sell 100 shares @ ₹220 = Trade value ₹22,000
Brokerage (delivery) = ₹0 (if Groww offers zero delivery brokerage)
STT on sale (0.1% of sale value) = ₹22
Stamp duty (example 0.003% of turnover; buy + sell = 42,000) = ₹1.26
Exchange & SEBI charges (example ₹30 total)
GST on brokerage (0, if brokerage ₹0) = ₹0

Total statutory & exchange charges ≈ ₹53.26. Net profit before taxes = (22,000 - 20,000) - ₹53.26 = ₹1,946.74.

Example B — Intraday trade (illustrative)

Buy & sell same day 1,000 shares @ ₹10 = turnover ₹10,000 (on each side ₹10,000; total turnover ₹20,000)
Brokerage (flat) = ₹20 per executed order × 2 = ₹40 (if Groww charges ₹20 per executed order)
STT (intraday) = lower or different rate; exchange & SEBI charges ≈ ₹20
GST on brokerage (18% of ₹40) = ₹7.20
Total extra ≈ ₹67.20

If gross intraday profit = ₹500, net after charges ≈ ₹432.80. This demonstrates how per-trade fixed charges hit small trades harder.

How to verify Groww’s current charges (step-by-step)

Open Groww’s official help/fees page and look for sections: “Brokerage & fees”, “Account charges”, and “Demat charges”. Always rely on the broker’s official documentation for final numbers.
Check the contract note issued after every trade — it lists brokerage and statutory charges breakdown. Keep it for tax & reconciliation.
Contact Groww customer support for any clarifications about ambiguous charges.
Compare with independent fee comparison pages or regulator disclosures from SEBI or CDSL.

Tips to reduce the cost of trading

For long-term equity investors, prioritize delivery trades where brokers often charge zero brokerage — this minimizes GST on brokerage as well.
Bundle trades to reduce the number of executed orders (for brokers that charge per-executed order).
Increase trade size if fixed per-order charges make small trades uneconomic.
Avoid unnecessary intraday trading if you’re not a high-frequency trader — statutory & brokerage charges accumulate quickly.
Use limit orders and plan trades to prevent frequent cancellations/executions that may incur more charges.
Choose direct mutual funds for lower expense ratios than regular schemes if cost is a priority.

How Groww compares with other platforms

Groww is aimed at retail investors and novices, focusing on ease for mutual funds, equities, and US stocks. If you require advanced charting, margin products, or professional margining, you may consider alternatives. For example, international crypto and derivatives traders often use global exchanges such as Binance, MEXC, Bitget, or Bybit. If you want to explore those platforms, here are referral links to consider (register links):

Note: those platforms focus on crypto, derivatives, or margin trading and have different regulatory regimes compared to Indian brokers like Groww.

Common hidden or overlooked charges

Currency conversion spreads: for US stocks, the FX markup may be a hidden ongoing cost.
Custodial charges: some brokers levy custody or transfer fees for international holdings.
Failed mandate or payout charges: returned NEFT/IMPS charges if payment fails.
Call & trade fees: placing orders through phone support can attract extra charges.

Record-keeping, taxes and compliance

Keep contract notes, P&L statements, and demat statements for tax filing. STT paid on transactions is relevant when computing capital gains tax. Mutual funds have their own tax treatment (equity vs non-equity funds). For comprehensive tax rules, consult the Income Tax Department of India or a certified tax advisor. For regulatory information and investor protection details, check SEBI’s official site: SEBI — Securities and Exchange Board of India.

Real-world decision guide — which platform for which investor?

Use this quick decision guide when considering Groww or alternatives:

New long-term retail investor: Groww (low/no delivery brokerage, easy mutual fund & stock investing).
Active intraday or F&O trader: Compare per-order flat fees and margin benefits across platforms — a low flat-fee broker or one with superior margin/leverage may be better.
International or US stock investor: Check FX spreads and per-trade fees carefully; platforms differ widely.
Crypto & derivatives trader: Consider specialized global exchanges (Binance, MEXC, Bitget, Bybit) — links above can help you explore them.

Checklist before you start trading on Groww

Read Groww’s official brokerage and fees page; note delivery vs intraday vs F&O rates.
Validate demat AMC, account opening fees and minimums.
Confirm currency conversion and US stocks fees (if you plan to trade internationally).
Compute example trade-level costs using the contract note example above to estimate profitability thresholds.
Ensure you understand margin requirements and risks for leveraged products (F&O, intraday leverage).

Final thoughts

Answering "what are the charges for trading in groww" requires looking at multiple layers: brokerage (product-specific), statutory & exchange levies, and demat/account fees. While Groww aims to be retail-friendly with competitive pricing for delivery investments and mutual funds, the exact cost equation depends on the product you trade and how frequently you trade. Always verify Groww’s latest fee schedule on their official pages and use contract notes for precise post-trade accounting. For traders seeking global crypto/derivatives exposure, consider the alternatives linked earlier and study their fee and regulatory frameworks carefully.

If you want, I can:

Fetch and summarize Groww’s current official brokerage table (provide the link you want me to use), or
Build an interactive example calculator (intraday vs delivery vs F&O) using Groww’s current rates to show break-even trade sizes.

Useful official resources: