Groww to Increase Brokerage Fees: If you are also interested in trading or trending, this news is useful for you. And you may get shocked. Let us know the complete news…
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Groww to Increase Brokerage Fees
The country’s largest broking company, Groww India, may increase transaction fees by 150 per cent. After the strict rules imposed by SEBI, the profits of broking firms have been affected. Now, preparations are being made to recover this amount from the customers.
Brokerage Fees will increase in June.
According to media reports, the company told one of its clients that the brokerage charge would be increased from Rs 2 to Rs 5 per equity order. This decision will be effective from 21 June. This decision will especially affect small investors, as the trading cost charged on this small transaction will increase.
Groww to Increase Brokerage Fees: How Much Will the Fees Be?
Grow India will now charge Rs 5 to Rs 20 per trade transaction. Currently, the company charges Rs 2 to Rs 20 from investors. Grow India has 13 million active clients.
Margin trading interest rate also changed: Grow has changed the interest rates of MTF (Margin Trading Facility). Earlier, this interest rate was 14.95 per cent. Now the brokerage firm will charge 15.75 per cent for this. This rate will be for an amount less than Rs 25 lakh. At the same time, for an amount more than Rs 25 lakh, this rate will be Rs 9.75 lakh.
Angel One had also increased the Fees.
Earlier, Angel One had also increased the brokerage charges. Last year, this brokerage house increased the charge from Rs 0 to Rs 20 per share. Let us tell you, in July last year, SEBI had issued a ‘true-to-label’ circular. After this, the profits of brokerage houses were affected.
Due to this circular, the discounts given to brokers were stopped. Due to which their income has been affected. Equity derivatives turnover in NSE fell by 27 per cent to Rs 39.50 lakh crore in March from Rs 54.40 lakh crore in September. Brokerage companies are under a lot of pressure after SEBI’s circular. Their income has been affected. After which, an increase in prices was expected.
Groww increasing fees for low-ticket trades –
— Ashish Garg (@Ashishkafunda) May 23, 2025
Fee Hike Announcement – #Groww will increase its minimum brokerage charge from ₹2 to ₹5 per order for equity trades starting June 21, 2025.
New Fee Structure – #Brokerage fees will range from ₹5 to ₹20 per trade, compared to the… pic.twitter.com/BlYJmVE9zG
Groww is Preparing for IPO
Groww is currently working on its initial public offering (IPO) plan. In such a situation, the company’s focus is on strengthening its revenue model so that better returns and reliable performance can be shown to investors. After this change, small investors should check the charges before trading.
Jay Chavda He is the Founder and Writer of businesspulsecare.com. He is an I.T Engineer, Freelancer, Businessman. He posts Business, Stock/Share Market, Finance Related News and updates on the website. 🔗