⭐ Editor's Choice — Top Rated Pick
Groww Stocks, IPOs & Direct Mutual Funds
📍 Available in: India
★★★★★ 4.8 / 5.0
Groww has surpassed all competitors in active NSE investors thanks to its remarkably intuitive mobile app and ₹0 Annual Maintenance Charge (AMC) Demat account. Beginners can set up Direct Mutual Fund SIPs in 60 seconds via UPI Autopay with zero distributor commission, track external mutual funds in one dashboard, and apply for Mainboard and SME IPOs in two taps.
Key Facts at a Glance
| Cost / Fee Structure | ₹0 Account Opening & ₹0 Demat AMC |
| APR / Rate | ₹0 Commission on Direct Mutual Funds |
| Coverage / Loan Limit | ₹20 or 0.1% per Executed Stock Order |
| Credit / Eligibility | PAN + Aadhaar 5-Minute Paperless Onboarding |
Pros & Cons
✓ Pros
- ✓Zero Demat AMC regardless of portfolio size makes it completely free for pure mutual fund & buy-and-hold investors
- ✓Built-in tool to import external Regular Mutual Funds and switch them to Direct Plans to stop commission leakage
- ✓Cleanest, most beginner-friendly interface in Indian fintech
✕ Cons
- ✕Charges ₹20 (or 0.1%, whichever is lower) on equity delivery stock trades (whereas Zerodha charges ₹0 on delivery)
- ✕Advanced options charting and multi-leg basket tools are more basic than Zerodha Kite
Key Features
₹0 Demat Account Opening Fee & ₹0 Annual Maintenance Charge (AMC)100% Free Direct Mutual Fund SIPs with UPI Autopay MandateExternal Mutual Fund Tracker & Switcher (Convert Regular Funds to Direct)1-Tap Mainboard & SME IPO Application with Pre-Open Apply
Compare Groww Stocks, IPOs & Direct Mutual Funds Side-by-Side
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