Groww vs Angel One: Charges, AMC & Costs (2026)

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Groww and Angel One charge the same brokerage: the lower of ₹20 or 0.1% on delivery and intraday, and ₹20 per order on F&O. The gap is the AMC, which is ₹0 at Groww and ₹20 + GST a month after year one at Angel One. The ₹1,00,000 delivery round trip costs ₹293.28 on both.

Last updated: October 2026

This page compares Groww and Angel One on what you actually pay: brokerage, AMC, DP charges and the total cost of three sample trades. Charges were checked against each broker’s published pricing in October 2026 and can change, so confirm before you open an account. This is information, not investment advice.

Groww vs Angel One: charges side by side

ChargeGrowwAngel One
Account opening₹0₹0
Equity delivery brokerageLower of ₹20 or 0.1%; minimum ₹5Lower of ₹20 or 0.1%; minimum ₹5
Equity intraday brokerageLower of ₹20 or 0.1%; minimum ₹5Lower of ₹20 or 0.1%
Futures and options₹20 per order₹20 per order
Demat AMC₹0Free for the first year, then ₹20 + GST a month
DP charge on sells₹20 + GST per ISIN sold (₹16.50 Groww + ₹3.50 depository)₹20 + GST per ISIN sold
Pledge₹20 per ISIN₹20 + GST per ISIN
Call and tradeNot offered on the regular online plan₹20 per order
Auto square-off₹50 per positionNormal brokerage, no extra penalty

What the same trades cost on each broker

These examples add up brokerage, STT, exchange charges, SEBI fees, stamp duty, GST and the DP charge on a round trip (buy and sell). Delivery and intraday trades buy and sell ₹1,00,000 of shares once each. The options trade buys premium worth ₹50,000 and sells it for ₹60,000, with one lot per order. Amounts are rounded to the nearest paisa.

TradeGrowwAngel One
Delivery (₹1,00,000 buy and sell)₹293.28₹293.28
Intraday (₹1,00,000 buy and sell)₹82.68₹82.68
Options (₹50,000 buy, ₹60,000 sell)₹184.95₹184.95

The three examples cost the same on both brokers because brokerage and DP charges are identical at these sizes. The difference shows up outside a single trade: Groww has no AMC, and Angel One offers a phone-order service (₹20 per order) that Groww’s regular online plan does not list.

Groww or Angel One: what to weigh

Groww may suit you if:

  • you want ₹0 AMC for as long as you hold the account
  • you only trade online and do not need phone orders

Angel One may suit you if:

  • you want the option to place orders by phone at ₹20 per order
  • you want no extra penalty on auto square-off (Groww charges ₹50 per position)
  • you want Angel One’s new-account offer of ₹0 brokerage up to ₹500 in the first 30 days
  • you plan to use margin funding: Angel One lists 0% interest on borrowing up to ₹1 lakh for the first 30 days, then 14.99% a year

Both statements describe published charges, not a recommendation. Your own order sizes, how often you trade and how long you hold shares decide which costs more. Use the brokerage calculator to test your own numbers.

Full charge breakdowns

See every charge, worked examples and FAQs on the Groww charges page and the Angel One charges page. More pairs are on the broker comparisons hub.

Groww vs Angel One: FAQs

Do Groww and Angel One charge the same brokerage?

Yes. Both charge the lower of ₹20 or 0.1% per executed order on delivery and intraday, and ₹20 per order on futures and options.

Which has the lower AMC?

Groww charges ₹0 AMC. Angel One is free for the first year and then ₹20 + GST a month for non-BSDA accounts.

How do DP charges compare?

Both charge ₹20 + GST on each ISIN sold: ₹16.50 from Groww plus a ₹3.50 depository fee, and ₹16.50 from Angel One plus ₹3.50 CDSL.

Does Groww offer call and trade?

Groww’s regular online plan does not list phone-order charges. Angel One charges ₹20 per order for call and trade.

Do the worked examples differ?

No. With ₹1,00,000 delivery, ₹1,00,000 intraday and a ₹50,000 buy and ₹60,000 sell options trade, total charges are ₹293.28, ₹82.68 and ₹184.95 on both brokers.

Is STT different between brokers?

No. STT is set by the government: 0.1% on buy and sell for delivery, 0.025% on the sell side for intraday, 0.05% on the sell side for futures and 0.15% on the sell premium for options. It is the same at every broker.

Sources

Groww: Groww pricing page. Angel One: Angel One charges page. STT, stamp duty, SEBI turnover fee and exchange transaction charges follow the rates set by the government, SEBI and the exchanges.

Brokerage, AMC and statutory charges change. This page is for information and education only, not investment advice.

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