Dhan vs Groww

Complete charge comparison — every fee, calculated. ₹50,000 delivery trade baseline.

Discount
Dhan CHEAPER
₹126.26
Total cost on ₹50K delivery trade
VS
Discount
Groww
₹178.71
Total cost on ₹50K delivery trade
VERDICT — ₹50,000 DELIVERY TRADE
Dhan costs ₹52.45 less on a ₹50,000 delivery trade. Dhan charges lower brokerage on delivery. On an annual basis, Dhan saves ₹3021 for a long-term investor making 5 delivery trades per month.

Side-by-Side Charge Comparison

ChargeDhanGrowwDifference
Delivery Brokerage Zero ₹5–₹20 Differs
Intraday Brokerage0.03% or ₹200.1% or ₹20Differs
F&O Options₹20/order₹20/orderSame
DP Charge ₹14.75/scrip ₹20/scrip ₹52.45 gap
AMC / year Free Free Same
MTF Interest12.49% p.a. (up to ₹5L)15.75% p.a.Differs
API AccessFree (Dhan HQ)Not offered
Call & Trade₹59N/A
NetworthNot filed publiclyNot filedFinancial strength
Total (₹50K delivery) ₹126.26 ₹178.71 ₹52.45 gap

Annual Cost — Long-Term Investor

DhanGroww
Annual cost₹7222/yr₹10243/yr
Cheaper byDhan saves ₹3021/year
Choose Dhan if you...
  • Long-term investors
  • Beginners
  • MTF users
  • Cost-conscious traders
Choose Groww if you...
  • Beginners
  • Mutual fund investors
  • First-time stock buyers

Charges sourced from official broker websites and NSE filings. Regulatory charges (STT, exchange fee, SEBI fee, stamp duty = ₹111.24 on ₹50K delivery) are identical at every broker. Budget 2026: futures STT raised to 0.05%, options STT to 0.15%, effective April 1 2026. Always verify current charges before trading. Not investment advice.