How much Groww charges on selling stock

1. Brokerage Charge:

For Equity Delivery, when you sell a stock, a brokerage charge is applicable. It is ₹20 per executed order or 0.1% of the total sell value—whichever is lower. However, if the charge is less than ₹2, a minimum of ₹2 will be charged.

For Intraday Trading, the same brokerage applies: ₹20 per executed order or 0.1% of the total sell value—whichever is lower. Minimum charge: ₹2.

2. DP Charges (Depository Participant Charges):

When you sell stocks from your demat account (delivery-based), DP charges are applicable. This is charged per ISIN (i.e., per company’s stock) and once per day regardless of the quantity sold. On Groww, this is typically ₹15 (Groww fee) + ₹3.5 (Depository, e.g., CDSL), totaling around ₹18.5 (plus GST).

However, if the value of the sold stock is less than ₹100, the Groww fee is waived, and only the depository fee may apply.

3. Securities Transaction Tax (STT):

• This is a direct tax applicable at the time of selling stocks.
• For Equity Delivery, 0.1% of the sell value is charged as STT.
• For Intraday Trading, 0.025% of the sell value is charged.

4. Exchange Transaction Charges:

• These are levied by the stock exchange (NSE or BSE). A fixed percentage of the total sell value is charged. This percentage varies slightly by exchange and segment but is generally low.

5. SEBI Turnover Charges:

• A nominal fee charged by SEBI (Securities and Exchange Board of India) on the total turnover—usually around 0.0001%.

6. GST (Goods & Services Tax):

• 18% GST is levied on the total of brokerage charge, DP charge, exchange transaction charge, and SEBI turnover charge.

7. Stamp Duty:

• Stamp duty is generally not applicable on selling stocks. It is charged at the time of buying.

In Summary:

When you sell stocks on Groww, the primary charges include brokerage, DP charges, STT, exchange transaction charges, SEBI turnover charges, and GST on the applicable components.

Your exact charges will depend on:

• The total value of stocks you are selling
• Whether it is a delivery or intraday transaction

You can use the Groww Brokerage Calculator (available on the app or website) to estimate your charges more precisely.

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Does Groww Make Any Profit from These Charges?

Yes, Groww does earn a portion of the charges, though not all of them.

Here’s how it works:

Charges from which Groww earns:

1. Brokerage Charges:
   When you buy or sell stocks, Groww charges a fixed brokerage fee (₹20 or 0.1% per order—whichever is lower). This is one of Groww’s main sources of revenue.
2. A Portion of DP Charges:
   When stocks are sold from your demat account, DP charges are applied. A part of this charge goes to the depository (e.g., CDSL), and a part is retained by Groww as the broker.

Charges that Groww does not keep (collected and paid to authorities):

• Securities Transaction Tax (STT)
• Exchange Transaction Charges
• SEBI Turnover Charges
• Stamp Duty
• GST

These charges are collected from you and passed on to respective authorities or institutions. Groww doesn’t earn from them.

Simply Put:

Groww earns revenue from the brokerage fee and a part of DP charges. The rest of the charges go to the government or regulatory bodies.

Example: If You Invest ₹1,00,000 on Groww – What Are the Charges?

Let’s break it down based on two scenarios: Equity Delivery and Intraday Trading.

1. Equity Delivery (Hold for More Than a Day)

At the Time of Buying (₹1,00,000 worth stock):

• Brokerage: ₹20 (0.1% of ₹1,00,000 = ₹100 → so ₹20 is charged)
• STT: ₹100 (0.1% of ₹1,00,000)
• Stamp Duty: ₹15 (approx. 0.015%)
• Exchange + SEBI Charges: ₹3–₹5 (approx.)
• GST (on brokerage + others): ₹4–₹5
  Total Buying Charges: ₹142–₹145 (approx.)

At the Time of Selling (₹1,00,000):

• Brokerage: ₹20
• STT: ₹100 (0.1%)
• DP Charges: ₹18.5 (if selling one company’s stock)
• Exchange + SEBI Charges: ₹3–₹5
• GST (on brokerage + DP + others): ₹7–₹8
  Total Selling Charges: ₹148.5–₹151.5 (approx.)

Grand Total for Buy + Sell (Delivery): ₹290–₹300 (approx.)

2. Intraday Trading (Buy & Sell on the Same Day)

At the Time of Buying (₹1,00,000):

• Brokerage: ₹20
• STT: ₹0 (No STT on buying for intraday)
• Stamp Duty: ₹3 (approx. 0.003%)
• Exchange + SEBI Charges: ₹3–₹5
• GST: ₹4–₹5
  Total Buying Charges: ₹30–₹33 (approx.)

At the Time of Selling (₹1,00,000):

• Brokerage: ₹20
• STT: ₹25 (0.025% of ₹1,00,000)
• DP Charges: ₹0 (not applicable in intraday)
• Exchange + SEBI Charges: ₹3–₹5
• GST: ₹4–₹5
  Total Selling Charges: ₹52–₹55 (approx.)

Grand Total for Buy + Sell (Intraday): ₹80–₹88 (approx.)

Important Notes:

• These are approximate charges; actual values may vary slightly depending on exchange conditions.
• For delivery sell, DP charges apply per company per day.
• Other charges like auto square-off penalty may apply if intraday positions are not closed manually.

For precise calculation, use the Groww brokerage calculator available in the app or on their website.