Groww is one of India’s fastest-growing investment platforms, offering users a simple way to invest in stocks, mutual funds (SIP & lump sum), IPOs, and ETFs—all through a sleek app and website. What started as a mutual fund platform has evolved into a complete stockbroking and wealth management solution for retail investors.
About Groww
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Company Name: Groww (Nextbillion Technology Pvt Ltd)
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Founded: 2016
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Founders: Lalit Keshre, Harsh Jain, Neeraj Singh, Ishan Bansal
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Headquarters: Bangalore, India
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Registered with: SEBI, NSE, BSE, AMFI, CDSL
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Users: 6+ crore registered users (as of 2025)
Groww aims to democratize investing by making it easy, affordable, and transparent for millennials and first-time investors in India.
What Can You Do with Groww?
| Investment Type | Description |
|---|---|
| Stocks | Buy & sell NSE/BSE listed stocks through a Demat account |
| Mutual Funds | Invest in over 5,000+ direct mutual fund schemes (SIP or lump sum) |
| SIP | Systematic Investment Plans with as low as ₹100/month |
| ETFs | Invest in Exchange Traded Funds like Nifty 50, Gold ETFs |
| IPO | Apply for IPOs instantly with UPI |
| FDs | Fixed deposits from select banks & NBFCs |
| US Stocks | Coming soon via Groww Global |
📱 Groww App – Clean, Simple, Powerful
The Groww app is known for its minimal, beginner-friendly interface. Everything from KYC to investing and withdrawals is digital, paperless, and fast.
Key Features:
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Real-time stock price tracking
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1-click SIP setup
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Intraday & delivery trading
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Watchlists with alerts
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In-app research reports
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Mutual fund ratings & comparison
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Direct integration with UPI
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Biometric login and 2FA security
🔓 Opening a Groww Demat & Trading Account
Opening a Demat account with Groww is 100% online and takes just 15–20 minutes.
Required Documents:
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PAN card
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Aadhaar linked with mobile number
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Bank account proof (passbook/cheque)
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Signature image
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Income proof (for F&O activation)
Steps:
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Visit: https://groww.in
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Sign up with email and mobile number
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Complete KYC by uploading documents
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E-sign using Aadhaar OTP
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Activate stock account and start trading!
💸 Groww Brokerage & Charges
| Service | Charges |
|---|---|
| Equity Delivery | ₹20/order or 0.05% (whichever is lower) |
| Equity Intraday | ₹20/order or 0.05% (whichever is lower) |
| Futures & Options | ₹20/order |
| Mutual Funds | ₹0 (Direct plans, no commissions) |
| Account Opening | ₹0 |
| AMC (Annual Maintenance) | ₹0 |
| IPO Application | Free via UPI |
| Fund Transfer via UPI | Free |
| Call & Trade | Not available |
Note: Groww does not offer margin trading or pledged shares-based trading yet.
📈 Stock Investing with Groww
Groww enables easy stock investing through:
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Real-time order book & live prices
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NSE & BSE execution
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Market, limit, and stop-loss orders
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Auto-settlement of funds (T+1)
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Easy portfolio tracking
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Historical performance graphs for each stock
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Company news, financials, ratios, and charts
Ideal for:
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📊 Beginners
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🏦 Long-term investors
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📉 Intraday traders (light use)
Mutual Funds & SIP on Groww
Groww was originally built for mutual fund investing, and it remains one of the best platforms for SIPs.
Features:
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Over 5,000+ direct mutual fund schemes
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No commission, no hidden charges
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Filter funds by returns, ratings, risk profile
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Start SIPs with as low as ₹100/month
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Top AMCs: HDFC, SBI, Axis, ICICI, Nippon, Mirae, etc.
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Tax-saving ELSS funds available
SIP setup takes under 30 seconds via UPI or bank mandate.
Groww App Download Links
Start investing by downloading the Groww app here:
▶️ Android (Google Play Store)
🔗 Download Groww App for Android
🍏 iOS (Apple App Store)
Or use the browser platform:
🌐 https://groww.in
✅ Advantages of Using Groww
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🧾 Zero paperwork – completely online onboarding
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🆓 Free mutual fund investments (direct plans)
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📱 User-friendly mobile and web app
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💰 Low brokerage charges
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🔒 Secure with biometric login, 2FA
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💹 Beginner-friendly guides and blogs
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💼 IPO applications in a few taps
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🧠 In-app learning center and tutorials
❌ Limitations of Groww
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No margin trading facility
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No commodities or currency trading
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No call & trade support
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No desktop trading terminal for pros
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Not ideal for full-time day traders
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Options chain and F&O tools are basic
🔍 Groww vs. Zerodha vs. 5paisa vs. Angel One
| Feature | Groww | Zerodha | 5paisa | Angel One |
|---|---|---|---|---|
| Delivery Brokerage | ₹20/order | ₹0 | ₹20/order | ₹0 |
| Intraday Charges | ₹20/order | ₹20/order | ₹20/order | ₹20/order |
| Mutual Funds | Direct (Free) | Direct (Free) | Direct (Free) | Direct (Free) |
| Margin Trading (MTF) | ❌ | ❌ | ✅ | ✅ |
| Options Chain Tool | Basic | Advanced | Intermediate | Intermediate |
| App UI/UX | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐☆ | ⭐⭐⭐⭐ | ⭐⭐⭐⭐☆ |
| Best For | Beginners | Traders | Value hunters | All-round users |
🧠 Groww Learn – Investor Education
Groww provides a rich collection of learning resources:
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Groww YouTube channel (investing tips, IPO analysis, finance basics)
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Blogs on stocks, funds, tax-saving, SIP strategies
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Beginner-friendly tools to compare mutual funds
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Portfolio review & suggestions based on risk profile
📞 Groww Support & Help
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Customer Support Portal: https://groww.in/help
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Email: support@groww.in
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No phone support (chat and ticket system only)
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Corporate Address: Bangalore, Karnataka – 560103
🏁 Final Verdict: Should You Use Groww?
Yes, especially if you’re a beginner. Groww is perfect for those who want:
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🟢 A clean, mobile-first investing experience
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📈 Direct mutual funds & easy SIPs
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🔓 Simple stock trading with low fees
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🧠 A platform to learn while you invest
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🛠️ No complicated terminals or high-tech tools
It’s not built for pro traders or heavy F&O users, but for long-term investors and mutual fund SIP users, Groww offers unbeatable ease, transparency, and accessibility.
Start Your Investment Journey Today
👉 Open your FREE Demat & Trading account on Groww:
🔗 https://groww.in/open-demat-account
