| Metric | G Groww | Z Zerodha |
|---|---|---|
| Rating | ★★★★★★★★★★ 4.0/5 | ★★★★★★★★★★ 3.6/5 |
| Account opening fee | ₹0 | ₹0 |
| AMC | ₹0 | ₹300/yr (1st yr free) |
| DP Charges | ₹20 | ₹13 |
| Equity Delivery brokerage | ₹20 or 0.1% (whichever is lower, minimum ₹5) | ₹0 |
| Intraday brokerage | ₹20 or 0.1% (whichever is lower, minimum ₹5) | ₹20 or 0.03% (whichever is lower) |
| F&O Futures brokerage | ₹20 | 0.03% or ₹20 (whichever is lower) |
| Options brokerage | ₹20 | ₹20 |
| Currency Futures brokerage | Unsupported | 0.03% or ₹20 (whichever is lower) |
| Options brokerage | Unsupported | ₹20 |
| Commodity Futures brokerage | ₹20 | 0.03% or ₹20 (whichever is lower) |
| Options brokerage | ₹20 | ₹20 |
Groww vs Zerodha Brokerage Comparison
Here's the brokerage Groww vs Zerodha charge on a ₹1,00,000 turnover, along with other charges like STT, CTT, stamp duty, SEBI charges, transaction charges and GST — so you can see the real, all-in cost of trading in each segment.
Equity F&O Currency Commodity | ||
|---|---|---|
| Metric | G Groww | Z Zerodha |
| Turnover | ₹1,00,000.00 | ₹1,00,000.00 |
| Brokerage Rate | ₹20 or 0.1% (whichever is lower, minimum ₹5) | ₹0 |
| Brokerage Applicable | ₹20.00 | ₹0.00 |
| STT | ₹100.00 | ₹100.00 |
| Exchange Charges | ₹2.97 | ₹2.97 |
| GST | ₹4.15 | ₹0.55 |
| SEBI Charges | ₹0.10 | ₹0.10 |
| Stamp Duty | ₹15.00 | ₹15.00 |
| Total Tax and Charges | ₹142.22 | ₹118.62 |
* Actual charges may vary slightly by broker plan — always check the contract note.
Groww vs Zerodha Company Information
Key company facts for Groww vs Zerodha — broker type, founders, headquarters, depository and the exchanges and instruments each one supports.
| Detail | G Groww | Z Zerodha |
|---|---|---|
| Company Name | Billionbrains Garage Ventures Pvt Ltd | Zerodha Broking Ltd |
| Broker Type | Discount Broker | Discount Broker |
| Founded | 2016 | 15 August 2010 |
| Founders | Lalit Keshre, Harsh Jain, Neeraj Singh, Ishan Bansal | Nithin Kamath, Nikhil Kamath |
| Funding | Venture Funded (Tiger Global, Peak XV, YC and others) | Bootstrapped (self-funded, no external investors) |
| Headquarters | Bengaluru, Karnataka | Bengaluru, Karnataka |
| Depository | CDSL | CDSL |
| Exchange | NSE, BSE | NSE, BSE, MCX, MSEI |
| Investment | Stocks, IPO, Mutual Funds, US Stocks, ETFs, Futures, Options, Digital Gold | Stocks, IPO, Mutual Funds, ETFs, Futures, Options, Commodities, Currency, G-Sec |
Groww vs Zerodha: Which Should You Choose?
Groww and Zerodha are two of the most-downloaded broker apps in India, but they come from very different starting points. Groww is run by Billionbrains Garage Ventures Pvt Ltd, launched in 2016 out of Bengaluru and backed by venture investors including Tiger Global, Peak XV and Y Combinator. Zerodha, also headquartered in Bengaluru, was founded much earlier on 15 August 2010 by Nithin and Nikhil Kamath, and has remained fully bootstrapped without taking any outside funding — a rare position among Indian brokers of its size.
The charges tell a clearer story than the branding. Zerodha offers free (₹0) equity delivery trading, with a DP charge of ₹13 per scrip on sale and an AMC of ₹300/yr (waived in the first year). Groww charges ₹20 or 0.1% of the trade value (whichever is lower, minimum ₹5) on equity delivery, alongside a ₹20 DP charge, but keeps its AMC at ₹0 for the account's lifetime. So the trade-off is straightforward: Groww saves you the annual maintenance fee, Zerodha saves you on every delivery trade you place.
On product breadth, Zerodha's Kite platform supports the full spectrum — stocks, IPOs, mutual funds, ETFs, futures & options, commodities, currency derivatives and even G-Secs — through NSE, BSE, MCX and MSEI. Groww covers stocks, IPOs, mutual funds, US stocks, ETFs, F&O and digital gold on NSE and BSE, but currently has no currency or commodity segment. If you're a long-term, buy-and-hold investor who mainly wants stocks and mutual funds, Groww's zero-AMC, simple interface is an easy starting point. If you trade intraday, F&O, or want commodities and currency access under one account, Zerodha's platform depth makes it the stronger pick. Check the live ratings and exact charges in the table above before deciding.
Frequently Asked Questions
Is Groww better than Zerodha for beginners?
For a first-time investor who mainly wants to buy stocks and mutual funds, Groww's zero-AMC account and simple interface make it easier to get started. Zerodha has a steeper learning curve on Kite but gives you free equity delivery and full access to commodities, currency and G-Secs once you start trading more actively.
Which has lower charges, Groww or Zerodha?
Zerodha charges ₹0 on equity delivery versus Groww's ₹20 or 0.1% (minimum ₹5), and a lower DP charge (₹13 vs ₹20). Groww makes up for it with a ₹0 lifetime AMC against Zerodha's ₹300/yr (first year free). Check the comparison table above for the current live figures, since brokers do revise these from time to time.
Can I switch from Groww to Zerodha (or vice versa) later?
Yes, you can open a second demat account or transfer your holdings between depositories, though it involves some paperwork and possible transfer charges. Most investors just open a fresh account rather than migrating an existing one.
Groww vs Zerodha Review Comparison
What real users are saying about Groww vs Zerodha — read verified reviews side by side before you decide.
Everything is very easy to understand and segmented on different portions. One problem is I can't increase Sip money instantly. It has to be wait for 6 months to 1 year. That's a problematic part i guess.