Groww app is the best mobile app for stocks and direct mutual funds investment at zero brokerage or commission fee. In 2016, Groww has launched an online mobile trading app under its brand name with a simple philosophy, "Investing is as simple as online shopping". The easy and simple user interface of the Groww app allows users to invest in shares and mutual funds in a completely hassle-free manner. Today, the groww app is one of India's fastest-growing platforms with a 90 lakh+ users' base, and 4.5 star rating. The app is free for all Groww customers. One-tap order placement, 100% paperless onboarding or account opening, simple and hassle-free investment journey, real-time market data, and smart user interface, are the key features offered by the Groww app. The discount brokerage firm has also focused on the app safety aspect by providing a fingerprint authentication feature and 128 bit SSL encryption to provide bank-grade security thus, the app is one of the safe platforms for Groww users.
Once you open an account with Groww, you can log in to the Groww app on Android or iOS devices, and start trading in shares, and futures & options at a maximum of Rs. 20 per order brokerage fee. However, the app allows free investment in direct mutual funds of 35+ AMCs at no brokerage charges.
Scroll down the page further to get a complete Groww App Review including key features, app charges, download, safety & security, Groww app customer care number, and pros & cons.
Groww Mobile App Charges
No charges, Groww app is absolutely free for all users who have opened an account in Groww. The app further supports free account opening process with Zero Demat AMC charges in a completely paperless manner.
| Particulars | Groww App Brokerage |
| Equity Delivery | Lower of Rs 20 per executed order or 0.05% of trade value |
| Equity Intraday | Lower of Rs 20 per executed order or 0.05% of trade value |
| Equity F&O | Flat Rs. 20 per executed order |
Groww Mobile App Features
Groww app is embedded with an abundance of features to provide the effortless investment experience to its customers, explained here as under:
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1. Stock and Mutual Fund Investment
Groww app is one of India's best platforms for investment in stocks and direct mutual funds. Groww charges Rs. 0 brokerage or commission on direct mutual fund investment. You can choose over 5000+ schemes across different mutual fund houses and start SIP or make a lumpsum investment. Users can also switch from external regular funds to direct mutual funds for Free. However, equity trading (intraday and delivery) is charged at Max Rs. 20 per order brokerage. Customers can also invest in IPO, US stocks, ETF, digital gold, and FDs through the Groww mobile app.
2. Intuitive dashboard
Once you logged in to the mobile app, the dashboard will be the first view displayed on the screen. Groww app has a smart and intuitive dashboard that presents a quick view of all the investments and current value. Users can also explore through all the options available and view a demo of app features.
3. Multiple Customized watch lists
Groww account holders can create a number of customized market watchlists and add their choice of stocks to the watchlist. The real-time live market data helps clients to closely monitor the stock prices to make a profitable investment decision. The app also provides company financials including P&L, balance sheet, etc. to analyze stock fundamental performance.
4. Real-Time Market Data
Customers can track real-time stock price market data and monitor the price fluctuations. Groww app users can add their favorite stock to the watchlist and keep an eye over the stock prices on both the BSE and NSE.
5. Charting
Groww app offers a simple yet powerful charting feature that graphically presents the historical stock price movement over the period. Customers can choose from 10+ technical charting options i.e. Heiken Ashi, Candlestick, line, bar, etc. with a time frame from 1 minute to 1 month and price data for up to 10 years. The mobile app has a full spectrum of technical indicators to identify the trend and signal and make smart investment decisions accordingly.
You simply need to click on the technical chart icon, set your preferences (chart type, timeframe, etc.), and add the indicator you want to choose to perform technical analysis of a stock.
6. One-Click order placement
One-click order placement feature on the Groww app facilitates customers to enjoy an easy and hassle-free investment experience in shares and mutual funds. The smart user interface of the mobile app eases the share market trading by one-tap buy and sell orders.
7. Paperless Onboarding
Groww app supports a 100% paperless account opening process. Customers can sign up and do one-time stock market and mutual fund KYC within the app to open a free Groww Demat account online.
8. Smart and Hassle-free Fund Transfer
Groww mobile app supports an easy online fund transfer process through a UPI payment gateway or net banking portal. Customers can add funds to their Groww trading account using UPI for free and the funds will be instantly reflected within a few minutes.
9. Latest Stock Market News
You can keep yourself updated with the latest stock market news and important market insights using the Groww App. The app further provides daily market insights about Top Gainers, Top Losers, and Top by market capitalization.
10. Fingerprint scanner unlock
The fingerprint scanner unlocks login features on the Groww app ensures customers' safety and security by protecting it from unauthorized access. The feature also saves users time by offering them a convenient way to log in to their Groww account without entering the username and password every time.
11. Customized Notification
Groww app provides the customized notification feature to users. Customers are allowed to choose the notification frequency i.e. daily, weekly, monthly, or never and the medium to get notification i.e. Email, Push, SMS, and In-app.
12. Reports
Groww customers can view and download important reports like P&L reports, capital gain tax report under the "Reports" option on the app.
Groww Mobile App Download
Android users can download the app from Google Play Store and Apple iPhone (iOS) users can install the mobile app from the App Store.
Groww Mobile App Login
Customers can log in to the Groww account on the mobile app anytime using their mobile device (Android and iOS). Like any other mobile app, you have to enter the login credentials i.e. Groww account user ID and the password to log in to the Groww app. Customers can also use the fingerprint scanner feature to log in to their Groww account.
Is Groww Mobile App Safe?
Yes, the Groww app is a 100% safe, secure, and reliable mobile app, protected with a high level of 128 bit SSL encryption. The broker maintains a bank-level of security for all the transactions. Every mutual fund transaction (investment and redemption) is executed through the BSE Star MF platform thus, your investment is direct with the respective mutual fund house AMC. The fingerprint unlocks feature further adds to the app security as it prevents the risk of any unauthorized access especially when the device is misplaced.
Groww Mobile App Customer Care Number
Groww app has a dedicated "Help & Support" section where customers can raise their query to the Groww customer care team or else you can send a mail to @[email protected]. Groww platform also has a live chat option where customers can chat live online with the customer support representative.
You can also raise a query on Groww Customer Care Number 9108800604 to talk to Groww customer support staff.
Groww Mobile App Cons
- Advanced orders like bracket order (BO), cover order (CO), and GTT are unavailable.
- Groww app does not provide a scanner and stock price alert feature.
- Backtesting and market depth are unavailable.
- The mobile app does not support NRI investment.
Groww Mobile App Review - Final Verdict
The grow app review is strongly evident that it is a great platform to invest in direct mutual funds across all the top fund houses at zero brokerage or commission fee. Customers can also use the Groww app to switch their external regular mutual fund investment to direct funds. Easy and hassle-free investment journey, real-time market data, customized watchlist, charting, etc. are some of the premium features available on the mobile app. Investors don't even have to worry about the app safety and security aspect as customers can track their mutual fund investment anytime online with the respective AMC. The app is further protected with 128 SSL bit encryption to provide bank-grade safety to users' data.
