FREE Account Opening + Zero AMC Fees* + MutualFund SIP1

Groww Products and Services Review 2024

Rated 4/5 by InvestorGain Team
Groww Product and Services
  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

Groww offers online trading & investing in shares, equity F&O, direct mutual funds, IPO, digital gold, SGB, FD, and US Stocks. It is a CDSL depository participant to offer Groww Demat account to keep shares and mutual funds. Groww offers free Demat and Trading accounts at zero account opening fee and AMC charges. Customers can trade on the Groww mobile app and website. Groww charges a lower of Rs. 20 or 0.05% brokerage on equity intraday and delivery trading and flat Rs. 20 per order brokerage on all, F&O trades. It charges zero brokerage on investment in direct mutual funds.

Groww also provides stock market learning educational content and courses on the Groww Academy and publishes informative blogs on the Groww Digest platform. On this page, check out the complete Groww Products & Services Review 2022.

1. Groww Demat Account

  • Groww is a DP with CDSL to offer an online Demat account opening service to customers. The Demat account by Groww safeguards stocks, mutual funds, IPO, ETF, etc. in an electronic format. You can open a free Groww Demat Account at zero charges through the Groww app.

2. Groww Trading Account

  • Groww Trading account provides access to various investment products including stocks + mutual funds + Gold + ETF + US Stocks + IPO. The trading account provides seamless, fully transparent, and online trading across all these products. A trader can log in to their account on the Groww web or Groww app and start online trading and investment in various products.

3. Groww Stock Trading

  • In June 2020, Groww has launched stock trading and enabled customers to buy and sell shares listed on the BSE and NSE. Groww charges a flat brokerage of Rs. 20 per order or 0.05% whichever is lower on equity intraday and delivery trading. Unlike Zerodha and Upstox, Groww does not offer free delivery trading.

4. Groww Derivative Trading

  • Groww platform allows customers to trade in equity futures & options segments in just one click. You can access Index and Stock futures & options contracts, and access different charts & indicators to trade in the derivatives segment. Groww charts fixed Rs. 20 per order brokerage on all F&O trades irrespective of the trade value.

5. Groww Mutual Fund Investment

  • Groww is the best direct mutual fund investment platform because the broker provides 5000+ direct mutual funds from 35 top fund houses. Mutual fund investment with Groww is completely free without any brokerage, commission, subscription fee, or transaction charges. Customers can also track external mutual fund investment on the Groww app and switch regular funds to direct funds for Free.

6. Groww IPO Investment

  • After the introduction of stocks trading, now, Groww has started offering IPO investment. Groww users can apply for IPO through the Groww app or web-based platform. The broker allows Free IPO investment through UPI on the Groww app or website. However, non-UPI users can apply for an IPO through their net banking or ASBA process using Groww Demat Account. You can even pre-apply for IPO before the IPO opening date and once the IPO opens the order will be sent to exchange.

7. Groww Digital Gold

  • Groww facilitates clients to buy and sell digital gold through their Groww Trading Account. Digital gold purchased can be sold after a 2-days holding period from the date of purchase. Besides investing in digital gold, customers have also the choice to invest in Gold ETFs and Gold mutual funds.

8. Groww ETF

  • ETF stands for Exchange Traded Fund that invests in the companies listed on the respective benchmark. For instance, a Sensex ETF will invest in all the companies that are listed on the Sensex whereas a Nifty ETF will invest in Nifty listed companies. Groww account holders can buy and sell ETFs through the Groww app and Groww web.

9. Groww US Stocks

  • Groww has started inviting people to unlock US-based stocks and start investing in the US market. People with overseas Trading Accounts will be now able to invest in stocks like Alphabet Inc, Amazon Inc, Microsoft, Apple, Starbucks, Netflix, etc. All you need to do is open a Groww US Stock account and it will get activated within 24 hours. If you do not have a Groww account then first you must have to activate an Indian stock account and then only you can activate US Stock account.

    Groww offers first USD withdrawal free of cost and subsequent withdrawals are charged at USD 9 per withdrawal.

10. Groww FD

  • Groww platform offers FDs (Fixed deposit) of multiple banks to offer a safe investment product for conservative investors. Investment in Groww FD will be the best option for risk-averse investors who don’t want to take high risks.

11. Groww Academy

  • In Dec 2021, Groww has launched the Groww Academy platform to provide all the course content of financial services to cater to beginner to advanced level of traders. Groww Academy is a free stock market learning platform with a number of course series i.e. stock market basics, All About IPOs, corporate actions and impact, stock selection & analysis, and economy and its impact on stock prices. The Academy course content is available in English & Hindi languages with videos.

12. Groww Digest

  • Groww Digest is an educational initiative by groww to provide the latest news and market updates to users. The discount broker provides daily market updates about Sensex and Nifty, Top gainers & losers, companies' financial results, etc.

13. Groww SGB

  • Groww provides sovereign gold bonds on the Groww app and website. These are unique investment product that is issued by RBI that provides a fixed interest return and gold price appreciation as well.

14. Groww Calculators

  • Groww provides a number of calculators or online tools on its platform to assist customers in different ways. Various calculators offered by Groww are listed here as under:

    • SIP calculator
    • Lumpsum calculator
    • SWP calculator
    • MF Returns calculator
    • Income tax calculator
    • Sukanya Samriddhi Yojana calculator
    • PPF calculator
    • EPF calculator
    • FD calculator
    • RD calculator
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Groww offers intraday trading and equity delivery trading in the stocks listed on the BSE and NSE. On intraday trading, the broker offers intraday margin that facilitates customers to do day trading with having even lower balance. Groww provides intraday margin or leverage upto 14x times.


Yes, anyone who has opened Groww demat and trading account can start intraday trading on the Groww web as well asGroww app. The mobile app facilitates customers to buy and sell stocks in the intraday segment on their fingertips through using their phone.


Steps to sell digital gold using Groww account;

  1. Login to the Groww web.
  2. Enter gold units you want to sell.
  3. Re-check the details entered and confirm the order.
  4. Once the units are sold, your gold locker will be updated and the balance will be shown.


Steps to buy Groww digital gold:

  1. Log in to the Groww web online trading platform.
  2. Tap on the “explore” and click on the “Gold”option.
  3. In the Buy order window, enter the amount or quantity of grams you want to invest in Gold.
  4. Click on the “Proceed” button and make payment of the investment amount.
  5. Your investment in Groww digital gold is successfully done and the holdings will be shown to your gold locker.

Note: The digital gold investment option is only available on the Groww web platform and mobile users can’t buy gold through using Groww mobile app.


No, the broker not yet facilitates customers to convert digital gold in the physical form of jewellery, coins, or bars. However, Groww will soon start offering delivery service to enable clients to convert gold in digital form to physical form.


Investment in gold will diversify your portfolio and thereby reduces concentration risks. Here are the key reasons to buy digital gold;

  • Invest as low as Rs. 10 to buy digital gold in any quantity.
  • 100% safe and secure platform and full transparency.
  • Diversify your investment portfolio through investing in gold asset class.


To trade in US stocks, you must have an active international account with Groww.

  1. Activate: Groww account holders can open Groww US Stock Account for free and it can take upto 24 hours to activate.
  2. Fund: Add funds to Groww USD balance for trading in US stocks.
  3. Invest: Place "buy" or "sell" orders in any US stock of your choice. Groww offers fractional share investing which means you can buy even less than one share of US-based companies.


Yes, you can buy digital gold investment products on the Groww app and website platform. The digital gold units can only be sold after the 2 days holding period from the date of investment in gold. The broker further provides many alternative products like a sovereign gold bond (SGB), gold mutual funds, and gold ETF.