22 May 2025
Groww, a major Indian brokerage firm, will increase its minimum equity brokerage charges. The increase is from ₹2 to ₹5 per order. This change impacts smaller equity trades. The new fee structure will be effective from June 21. Other brokers like Angel One previously raised their fees. These changes follow regulations impacting brokerage profits.
Groww, India's largest broker in active clients, is set to increase its fees by 150% for low-ticket transactions as the profitability of discount broking firms has come under pressure in the face of tighter regulations. The firm, in a communication to clients, said it will hike the minimum equity brokerage charges to per order from Q, for equity trades from June 21. The move is expected to increase the trading costs of smaller transactions.
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