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Comparision (Groww VS FundsIndia)

 

Groww Vs FundsIndia

Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more

Groww Vs FundsIndia - Broker Details

Groww FundsIndia
Single Margin Facility
Year of Incorporation 2016 2009
Exchanges NSE and BSE. Sebi
Branches Zero Zero
Brokerage ₹20/ Order 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150
Broker Type Discount Broker Full Service Broker

Groww Vs FundsIndia - Account Opening & AMC Charges

Groww FundsIndia
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹200 /-(Service Tax) 2nd Year onwards
Trading Account AMC ₹0 (Free) N/A

Groww Vs FundsIndia - Brokerage charges & Plans

Groww FundsIndia
Commodity Futures N/A N/A
Currency Futures N/A N/A
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) 0.01%
Equity Options ₹20/ Order or 0.05% (whichever is lower) 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150
Commodity Options N/A N/A
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150
Currency Options N/A N/A
Fixed Charges ₹20/ Order 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150

Groww Vs FundsIndia - Other Charges

Groww FundsIndia
RMS Square Off Charge ₹50/ Order N/A
API Charges ₹0 (Free) N/A
Call & Trade Charges N/A N/A
Other Brokerage Charges ₹20/ Order or 0.05% 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150
Minimum Brokerage ₹20/ Order 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150

Groww Vs FundsIndia - Transaction Charges

Groww FundsIndia
Currency Options N/A N/A
Equity Futures NSE:- 0.002% 0.0035% on turnover
Equity Intraday NSE:- 0.00345% | BSE:- 0.00345% 0.0035% on turnover
Equity Options NSE:- 0.053% on premium 0.0035% on turnover
Commodity N/A N/A
Currency Futures N/A N/A
Equity Delivery NSE:- 0.00345% | BSE:-0.00345% 0.1% on the transaction amount

Groww Vs FundsIndia - Margin (Exposure)

Groww FundsIndia
Equity Options 1x 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x 5x (Up to 20% of trade value)
Currency Options N/A N/A
Commodity Options N/A N/A
Commodity Futures N/A N/A
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures N/A N/A
Equity Futures 1x 1x (100% of NRML margin (Span + Exposure)

Groww Vs FundsIndia - Features

Groww FundsIndia
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days.
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App
SMS Alerts for Trades
Direct Mutual Fund

Groww Vs FundsIndia - Review & Rating

Groww FundsIndia
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account Call Back Open Account

Groww Vs FundsIndia - Request a call back from Broker

Groww FundsIndia

Groww Vs FundsIndia - Investment Options

Groww FundsIndia
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Groww Vs FundsIndia - Order Type

Groww FundsIndia
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Groww Vs FundsIndia - Research & Report

Groww FundsIndia
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Groww Vs FundsIndia - Daily Market Report

Groww FundsIndia
Daily Market Reports & News

Groww Vs FundsIndia - Suitable For Investor

Groww FundsIndia
Casual Investor
Active Investor
Trader

Groww Vs FundsIndia - Pros & Cons

Groww FundsIndia
Pros 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. 1.FundsIndia is the best investment platform in India. 2. Mutual fund services are free. 3) No Demat Charges 4) It is a trustworthy broker 5) For Customers’ convenience, the mobile trading app is available. 6) It has the best team for research analyst.
Cons 1.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. 1.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve.

Groww Vs FundsIndia - Background

Groww FundsIndia

Groww Vs FundsIndia - Compare All Brokers

Groww FundsIndia

Groww Vs FundsIndia - STT/CTT

Groww FundsIndia
Commodity Futures N/A N/A
Currency Futures No STT N/A
Equity Intraday 0.025% only on sell 0.025% on the Sell Side
Equity Options 0.05% only on sell 0.05% on Sell Side(on Premium)
Currency Options No STT N/A
Equity Delivery 0.1% on both buy & sell 0.1% on buy & sell
Equity Futures 0.01% only on sell 0.01% on Sell Side
Commodity Options N/A N/A

Groww Vs FundsIndia - Demat transaction charges

Groww FundsIndia
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹15 + Gst per scrip only on sell

Groww Vs FundsIndia - GST

Groww FundsIndia
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (Brokerage + Transaction Charge)

Groww Vs FundsIndia - SEBI Charges

Groww FundsIndia
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Groww Vs FundsIndia - Account Opening & AMC Charges

Groww
FundsIndia
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹200 /-(Service Tax) 2nd Year onwards
Trading Account AMC
₹0 (Free)
N/A
 
Call Back Open Account
Call Back Open Account

Groww Vs FundsIndia

Groww FundsIndia
 

Groww Review | Brokerage Charges, Account Opening


Groww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application ..
+ " Vs "+ FundsIndia
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FundsIndia Review 2024

FundsIndia is an online investment brokerage platform that was incorporated in the year 2009 by Fundsindia founders C.R. Chandrasekar and Srikanth Meenakshi, who completed their education at the University of Hyderabad. FundsIndia is India’s friendliest online-only investm ..
Read more..
 
 

FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more

Groww Vs FundsIndia - Brokerage charges & Plans

Groww FundsIndia
Commodity Futures N/A N/A
Currency Futures N/A N/A
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) 0.01%
Equity Options ₹20/ Order or 0.05% (whichever is lower) 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150
Commodity Options N/A N/A
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150
Currency Options N/A N/A
Fixed Charges ₹20/ Order 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150
Call Back Open Account Call Back Open Account

Groww Vs FundsIndia - Margin (Exposure)

Groww FundsIndia
Equity Options 1x 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x 5x (Up to 20% of trade value)
Currency Options N/A N/A
Commodity Options N/A N/A
Commodity Futures N/A N/A
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures N/A N/A
Equity Futures 1x 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Groww Vs FundsIndia - Other Charges

Groww FundsIndia
RMS Square Off Charge ₹50/ Order N/A
API Charges ₹0 (Free) N/A
Call & Trade Charges N/A N/A
Other Brokerage Charges ₹20/ Order or 0.05% 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150
Minimum Brokerage ₹20/ Order 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150

Groww Vs FundsIndia - STT/CTT

Groww FundsIndia
Commodity Futures N/A N/A
Currency Futures No STT N/A
Equity Intraday 0.025% only on sell 0.025% on the Sell Side
Equity Options 0.05% only on sell 0.05% on Sell Side(on Premium)
Currency Options No STT N/A
Equity Delivery 0.1% on both buy & sell 0.1% on buy & sell
Equity Futures 0.01% only on sell 0.01% on Sell Side
Commodity Options N/A N/A

Groww Vs FundsIndia - Demat transaction charges

Groww FundsIndia
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹15 + Gst per scrip only on sell

Groww Vs FundsIndia - GST

Groww FundsIndia
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (Brokerage + Transaction Charge)

Groww Vs FundsIndia - SEBI Charges

Groww FundsIndia
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Groww Vs FundsIndia - Features

Groww FundsIndia
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days.
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Groww

FundsIndia