Groww – The fastest-growing stockbroker in the stock market, Due to simple user interface and low charges groww users are increasing very fast, I have always recommended groww app for investing in mutual funds but the good thing is that now you can also invest in stocks through groww app.
What is groww app ?
Everyone knows a little about groww, yet it is important for the new user to know about it in detail.
groww is an India based online investment platform. Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh started Groww in 2016 primarily as a mutual fund investment platform. Its headquarter is in Bangalore
In 2018-19, groww has got the bse star mutual fund fintech award due to being the highest transaction within groww from mutual funds investment app, apart from that groww has two subsequent awards.
Starting the journey with a basic mutual fund. groww started nfo investment gold investment and now also improving in stock market investment
Awards:-
- 2017-18: BSE Star MF award for 2nd best performer in RFD category in Karnataka
- 2017-18: 3rd place in BSE Star MF Fintech – Highest Transactions 2017-18
- 2018-19: 1st place in BSE Star MF Fintech – Highest Transactions 2018-19
Groww Charges or Pricing:-
These are all basic details which are often asked and apart from this, there are more charges.
| Sr no. | Name | Charges |
| 1 | Groww account opening charges | Free |
| 2 | Groww annual maintenance charges (AMC) | Free |
| 3 | DP charges in groww (Intraday) | Intraday ₹ 0 |
| 4 | Groww Demat/Trading account opening charges | Free |
| 5 | Groww trading charges (Equity Brokerage)- per executed order | ₹ 20 or 0.05% |
Regulatory & statutory Charges
Penalties –
| Auto square-off charges
for open intraday positions by system |
₹50 per position
|
| Auction
if unable to deliver a stock (not in Demat) |
as per actual penalty by exchange |
All this information is available on the official site of Groww.
18% GST
on brokerage, DP charges, Exchange Transaction charges, and auto square-off charges
physical delivery of derivatives
0.05% of contract value
BSE exchange transaction charges
0.003455 for all groups except R,SS,ST,ZP (1.0%) X,XT,Z (0.1%) IF,IT,M,MS,MT,TS (0.00275%)
Groww app customer care number:-
Whenever you face any problem related to investment, you can go to the Help & Support section of Groww. You will find answers to many questions inside the Help & Support section.
Apart from Help & Support, if you want to talk directly to Groww customer care, then this is the only number +91-9108800604
Groww customer care is available at what time:-
Monday to Friday – Between 9:00 am to 7:00 Pm
Saturday – 9:00am to 2:00 pm
Groww’s customer care support remains closed on Sundays
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