What is Groww?
Groww is a popular Indian investment platform that allows users to invest in:
- Stocks
- Mutual Funds
- Initial Public Offerings (IPOs)
- Digital Gold
- Exchange-Traded Funds (ETFs)
It is known for its user-friendly app, zero account opening charges, and low-cost investing, making it ideal for beginners and youth investors.
🏛️ Company Background
- Founded: 2016 by ex-Flipkart employees
- Headquarters: Bengaluru, India
- Founders: Lalit Keshre, Harsh Jain, Neeraj Singh, Ishan Bansal
- Grew from a mutual fund app to a full-scale trading and investment platform
- Now serves over 5 crore users
📲 Features of Groww App
- Seamless user interface for Android, iOS & Web
- Stock screener and market watchlist
- Dashboard for tracking portfolio and gains
- Educational content, blogs, and help center
- Real-time price charts and analysis tools
🧾 Account Opening
- 100% paperless process
- Requires PAN, Aadhaar, and bank details
- KYC and e-sign with Aadhaar OTP
- Activation within 1–2 working days
- No charges for Demat or trading account opening
📈 Stocks Investment
- Invest in NSE & BSE listed stocks
- Options for intraday and delivery trades
- Real-time stock charts and market depth
- Place market or limit orders
- Track gains/losses in real-time
Brokerage Charges:
- Delivery: ₹0
- Intraday & F&O: ₹20 or 0.05% (whichever is lower)
💹 Mutual Funds
- Offers direct plans only (no commission)
- 5000+ funds including equity, debt, hybrid, ELSS
- SIP or lump-sum investments
- Track fund performance and ratings
- Risk meter and expense ratio visible
📅 SIP (Systematic Investment Plans)
- Start from ₹100/month
- Flexible dates and pause/resume options
- Auto-debit via UPI or bank
- Best for disciplined long-term investing
- Regular SIP reminders and summaries
📊 IPO Investment
- Apply directly using UPI
- View IPO calendar, company details, and subscription status
- Invest in pre-listed companies at issue price
- Fast refund in case of non-allotment
💰 Groww Balance & Digital Gold
- Groww Balance: Wallet for seamless transactions
- Digital Gold: Invest in 24K gold from ₹10
- Option to convert digital gold to real gold delivery
Related Posts
🧠 Index Funds & ETFs
- Track Nifty 50, Sensex, and other indices
- Low-cost passive investing options
- Great for beginners and retirement planning
- Recommended: Nifty Index Fund, Nifty Next 50
💸 Charges and Pricing
| Feature | Charges |
|---|---|
| Account Opening | ₹0 |
| AMC (Demat) | ₹0 |
| Stock Delivery | ₹0 |
| Intraday/F&O | ₹20 max |
| Mutual Funds | ₹0 |
| IPO | ₹0 |
⚖️ Groww vs Other Platforms
| Platform | Strength |
|---|---|
| Groww | Best for beginners and mutual funds |
| Zerodha | Best for advanced traders |
| Upstox | Competitive UI and tools |
| Paytm Money | Mutual funds & IPO access |
Groww excels in ease of use, zero fees, and educational resources.
🔒 Safety & Security
- Registered with SEBI, NSE, BSE, and CDSL
- SSL encryption & 2FA authentication
- Separate client fund accounts
- Transparent operations and compliance with SEBI norms
📞 Customer Support
- In-app support ticket system
- Email support via: [email protected]
- Help Center on groww.in
- Generally fast response times
👩🎓 Ideal for Students & New Investors
- Low entry point (SIPs from ₹100)
- Simple KYC process
- Beginner-friendly interface
- Free financial literacy tools
- Campus ambassador and referral programs available
🧾 Taxation Overview
| Investment | Tax Rate | Holding Period |
|---|---|---|
| Stocks (LTCG) | 10% on gains over ₹1L | >1 year |
| Stocks (STCG) | 15% | <1 year |
| Mutual Funds | Varies by type (equity/debt) | Short/Long term |
| Digital Gold | Capital gains tax | >3 years: 20% with indexation |
No TDS by Groww; users must self-report during ITR filing.
🌐 Groww on Desktop vs Mobile
- App is more optimized and easier for casual users
- Website offers broader analytics and comparison tools
- Both support all transaction types
❓ Common FAQs
- Is Groww safe? → Yes, SEBI-registered and CDSL-powered
- Can I trade intraday? → Yes, via Stocks section
- Can minors invest? → Not directly, but guardians can open account
- Does Groww support NPS? → Not yet
- International investing? → Limited rollout in 2025
🏁 Conclusion
Groww is a modern, clean, and secure platform that democratizes investing in India. Whether you’re interested in:
- Long-term mutual funds
- Quick trades in stocks
- Participating in IPOs
- Saving in digital gold
Groww provides an all-in-one solution with no hidden charges and complete transparency.
It’s the perfect platform for:
- Students
- First-time investors
- SIP lovers
- Passive income seekers
- Financial planning beginners
