Groww App Brokerage Calculator- A Complete Insight About Brokerage Calculator

Groww Brokerage Calculator

Groww app brokerage calculator is an online tool that allows traders to know the total charge or fees they need to pay to the broker for every trading executed. It is levied as a percentage of the whole deal value. This cost is assessed by brokers in addition to the initial trade value, and they take it out of the trader’s portfolio. Using this brokerage calculator is important to know how much fees you are going to pay and accordingly make the decision.

This article presents you with complete insight into the Groww app brokerage calculator and other aspects for easy trading.

What is Groww?

Groww is the leading online investment and trading platform allowing traders to trade multiple financial instruments including stock, bongs, securities, and others. The platform wants to make investing clear-cut, easy to understand, and available to anyone.

Currently, Groww has more than 56,54,456 active investor accounts. In addition to research and educational materials, the platform provides tools that assist users in making well-informed financial decisions. Its interface is easy to use. Additionally, it offers the option of direct mutual fund investing, which enables users to make commission and fee-free mutual fund investments.

What is Groww Brokerage Calculator?

Groww Brokerage Calculator is an online tool that assists traders and investors in figuring out how much it will cost to buy or sell securities like bonds or equities. It is a crucial tool for anyone trying to make well-informed investment decisions since it enables them to comprehend the entire scope of the expenses associated with a trade.

Groww brokerage includes a range of fees and commissions for their services, such as commissions for research and other services, account maintenance, and transaction execution. In order for investors to make wise selections, it is critical that they are aware of these fees and commissions as they can have a substantial impact on the total cost of a trade. Overall, the brokerage calculator from Groww helps traders make an informed decision towards investments and trading. 

Two Types of Groww Brokerage Calculator

When you use the Groww brokerage calculator, you will have two different options. These are-

  • Intraday Groww Brokerage Calculator

In this, you can calculate the brokerage fee on intraday trading. For example, if you get a Rs 10,000 turnover. There will be an intraday brokerage fee of Rs. 5. Since STT is not imposed on the buy side in intraday trading, there will be no charges. Exchange fees are as follows: NSE: 0.00325%, BSE: 0.00375%; hence, the turnover will be Rs. 0.00. Moreover, the fee includes GST 18%, resulting in Rs 1.01. Since SEBI charges are based on a crore, the amount will be Rs. 0.01. Stamp charges on the buy side are 0.003% or Rs. 300 per crore, so that works out to Rs. 0.30. Therefore, the total cost would be Rs. 6.61.

  • Delivery Groww Brokerage Calculator

Assume you get a profit of Rs 10,000. Thus, there would be a brokerage fee of Rs. 5. Since there are 0.1% buy and sell fees in delivery trading, the STT charge will be Rs. 0.10. The fee includes a GST of 18% costing Rs. 1.17. Since SEBI charges are based on a crore, the amount will be Rs. 0.01. The sum will be Rs. 1.50 due to the stamp duty charges on equity delivery, which are 0.015% or Rs. 1500/ crore on the buy side. Additionally, the total cost would be Rs. 7.77.

How to Use Groww App Brokerage Calculator?

When it comes to using Groww Brokerage Calculator, you should be aware of the formula that it uses. The general formula is-

Brokerage = Number of shares sold/bought x Price of one unit of stock x brokerage percentage

Here is an example-

Let’s say, you purchase 20 shares of TATA Consultancy at Rs 2,000 each. Within 10 days of the purchase, you decide to sell them all at Rs 2100. You will be charged a brokerage fee of Rs 0.5%.

Rs. [(20 x 2000) + (20 x 2100)]

Or Rs. (40,000 + 42000) = Rs.82,000

Since the fee is 0.5% as brokerage, the total fee she pays to the broker is:

Rs. (82000 x 0.5%) = Rs.410

What are the Factors Groww App Brokerage Calculator depending on?

When it comes to using the Groww brokerage calculator, there are different factors including-

  • Purchase/Selling Price

The price of buy/sell of a single security unit can influence brokerage costs in the stock market. It contrasts the brokers truthfully.

  • Quantity of Transactions

The number of transactions has a big impact on brokerage estimates as well, whether they are calculated manually or with the aid of a brokerage calculator. The amount of brokerage on shares is determined by volume. Some brokers, however, lower the percentage charge when traders place large orders.

  • Account type 

A premium account with lower costs or extra services is one of the various account kinds that brokerage firms provide, each with a different fee structure.

  • Extra fees

When figuring out the overall brokerage price, keep in mind that certain brokerage houses may charge extra for services like account upkeep or research materials. At Groww, you get complete information about the additional charges levied on trading. 

What are the Benefits of Using Groww App Brokerage Calculator?

Besides giving accurate brokerage fee information, the Groww App brokerage calculator also offers other advantages. This includes-

Easy to Use

The brokerage calculator from Groww is easy to use. You just need to add details and the calculator will present you with the result.

Fees Comparison

It can help you identify the most affordable rate by comparing the fees that various brokerage firms charge.

Well-informed investment judgments

Once you are aware of the trading fees, you can make a decision whether to trade or not. 


Once you know the impact of brokerage fees, you can do the budgeting accordingly. 

Enhanced Transparency 

The calculator offers transparency to know how much a trade will cost in total, including any hidden costs.



FAQs For Groww App Brokerage Calculator

Q1. What is the Groww App Brokerage Calculator?

Ans – The Groww App Brokerage Calculator is a tool provided by Groww to help investors estimate the brokerage charges associated with their stock or mutual fund transactions.

Q2. How can I find the Brokerage Calculator on the Groww App?

Ans – You can access the Brokerage Calculator on the Groww App by logging in, going to the ‘More’ section, and selecting ‘Brokerage Calculator’ or you can check on this page and link for our brokerage calculator page.

Q3. What types of transactions does the Groww App Brokerage Calculator support?

Ans – The Groww Brokerage Calculator supports calculations for both stock and mutual fund transactions, allowing users to estimate charges for various investment activities.

Q4. Is the Groww App Brokerage Calculator available for free?

Ans – Yes, using the Groww App Brokerage Calculator is completely free. It’s a tool provided to empower users with insights into potential brokerage costs.

Q5. Can I use the Brokerage Calculator without having a Groww account?

Ans – No, you need to have a registered Groww account to use the Brokerage Calculator. This ensures personalized calculations based on your account details.

Q6. How frequently are the brokerage rates updated in the Calculator?

Ans – Brokerage rates are fixed and it changes often. You can calculate brokerage and other charges upfront.

Q7. Does the Brokerage Calculator factor in market fluctuations?

Ans – Brokerage cost and other charges vary from the quantity of shares you are buying or selling. You can enter the buy price and sell price to calculate.

Q8. Can I use the Brokerage Calculator for options and futures trading calculations?

Ans – Yes, you can calculate by entering the number of lots of futures and options you are planning to buy and sell.

Q9. Are there any tutorials or guides on how to use the Brokerage Calculator effectively?

Ans – Yes, Groww provides tutorials and guides on using the Brokerage Calculator efficiently. You can find these resources on the Groww website or app.

Q10. Is there a limit to the number of transactions I can calculate using the Brokerage Calculator?

 Ans – No, there is no specific limit. You can use the Brokerage Calculator for multiple transactions to estimate brokerage charges.

Q11. Can I save the results from the Brokerage Calculator for future reference?

Ans – Currently, the Groww Brokerage Calculator does not provide a feature to save or store past calculations. Users may manually note down or screenshot the results for future reference.

Q12. Are there any hidden fees not included in the Brokerage Calculator estimates?

Ans – The Brokerage Calculator provides estimates based on known charges. However, users should be aware of any additional fees or taxes that may apply to their transactions.

Q13. Can I use the Brokerage Calculator on the Groww website, or is it exclusive to the app?

Ans – The Brokerage Calculator is available on both the Groww App and the Groww website, providing users flexibility in choosing their preferred platform.

Q14. Does the Calculator take into account different account types for accurate calculations?

Ans – Yes, the Brokerage Calculator considers your specific account details, ensuring accurate calculations based on the type of account you hold with Groww.

Q15. Can I get assistance if I encounter issues or have questions about the Brokerage Calculator?

Ans – Yes, you can reach out to Groww’s customer support for assistance with any issues or questions related to the Brokerage Calculator.

Q16. Can I use the Brokerage Calculator for long-term investment planning?

Ans – Yes, the Brokerage Calculator is useful for estimating charges for both short-term and long-term investments, allowing users to plan their investment strategies effectively.

Q17. Does the Calculator consider corporate actions like stock splits or dividends?

Ans – The Groww App Brokerage Calculator provides estimates based on standard rates and may not specifically factor in corporate actions. Users are advised to consider such events separately.

Q18. Can the Brokerage Calculator be used for tax planning purposes?

Ans – While the Brokerage Calculator provides insights into potential charges, it is not specifically designed for tax planning. Users should consult with tax professionals for comprehensive tax planning strategies.


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