If you trade stocks, futures, or options in India, brokerage and other charges eat into your profits. Groww’s Brokerage Calculator helps you estimate what you will pay for a trade — so you can plan better and avoid surprises. Below I explain what the Groww calculator does, how Groww charges brokerage, step-by-step examples, plus tips to reduce costs. I’ll keep the language simple and practical.
What is the Groww Brokerage Calculator?
The Groww Brokerage Calculator is an online tool that computes the total charges you’ll pay when placing trades (equity, intraday, F&O, etc.). It adds up brokerage plus statutory fees such as STT, exchange charges, GST, SEBI fees and stamp duty. The calculator can show you the total cost and the break-even price (how much price must move to cover charges). This tool lives on Groww’s website and on several broker-comparison sites. (Groww)
How Groww charges brokerage — the simple rules
Here are the main points about Groww’s brokerage pricing (these are the rules Groww publishes):
-
Equity (delivery) trades: Brokerage is the lower of ₹20 or 0.1% of trade value, with a minimum charge of ₹5. SEBI’s regulatory cap of 2.5% on equity delivery trades still applies. (Groww)
-
Intraday equity trades: Brokerage is ₹20 or 0.1% per order, whichever is lower. There are also STT, exchange txn charges, SEBI charges, stamp duty and GST on top. (Groww)
-
F&O (Futures & Options): Groww commonly charges a flat ₹20 per order for F&O. Other statutory charges still apply. (Groww)
These numbers are the common rules, but Groww’s help pages explain edge cases and the exact formula used for very small orders — so use the official calculator for precise results. (Groww)
Why use the calculator? A few practical benefits
-
Know the real cost: Platforms sometimes show only brokerage; the calculator adds taxes and fees so you know the total cost. (Groww)
-
Compare strategies: See how delivery versus intraday or F&O charges change your breakeven. (Finology Select)
-
Plan orders: If your trade size is small, brokerage minimums or caps may change whether a trade is worth it. (Groww)
Step-by-step: Using Groww’s Brokerage Calculator (easy example)
I’ll show two simple examples — one delivery trade and one intraday trade.
Example 1 — Equity delivery
-
You buy 10 shares of a stock priced at ₹500 each.
-
Trade value = 10 × ₹500 = ₹5,000.
-
Groww brokerage = lower of ₹20 or 0.1% of ₹5,000 = 0.1% × 5,000 = ₹5 → brokerage = ₹5 (minimum applies).
-
Add STT / GST / exchange fees / stamp duty (these are small percentages). The calculator sums them and shows total cost and breakeven. (Groww)
Example 2 — Intraday trade
-
Buy 100 shares at ₹200 and sell before the day ends at ₹205.
-
Turnover = (100 × 200) + (100 × 205) = ₹40,500.
-
Brokerage = lower of ₹20 or 0.1% of order value (per order). For each order, 0.1% of ₹20,000 (buy) = ₹20 (so brokerage per order = ₹20). Total brokerage = ₹40.
-
Add STT on sell, exchange charges, GST, stamp duty. The calculator displays total charges and the net P&L after fees. (Groww)
Important details and corner cases
-
Minimum/maximum rules: Groww uses minimum charges (₹5) and also applies lower-of/upper-of logic for some segments. Always check the help page for exact small-order formulas. (Groww)
-
F&O flat rate: For derivatives, a flat ₹20 per order is common — this makes many small F&O trades relatively cheaper per order, but large positions still face other costs. (Groww)
-
UPI Mandate balance users: Groww mentions different charges when using UPI mandate balance (check Groww pricing page for exact terms). (Groww)
Tips to reduce brokerage costs
-
Think about order size: Very small delivery trades can be expensive because the minimum brokerage becomes a big fraction of trade value. Consolidate orders when possible. (Groww)
-
Choose the right product: For short intraday moves, intraday can cost less than delivery (because of lower turnover exposure and different tax treatments). But intraday increases risk. Use the calculator to compare. (Groww)
-
Watch for frequent trading: If you trade very often, brokerage totals add up — consider brokers and plans that fit frequent trading patterns. Use broker comparison calculators to test scenarios. (Finology Select)
-
Account for taxes: GST and STT are mandatory. Don’t ignore them when calculating breakeven. The calculator does this for you. (Groww)
How accurate is the calculator?
The Groww calculator uses published brokerage rules and statutory charge rates. For most retail trades it will be accurate for estimating fees and break-even points. However, final contract notes and exchange settlement statements are the legal record. Use the calculator for planning, then verify with the actual contract note after the trade. (Groww)
Quick checklist before you trade
-
Enter the exact buy and sell prices and quantities in the calculator.
-
Check whether you are using delivery, intraday, or F&O — charges differ. (Groww)
-
Include brokerage + STT + GST + exchange + stamp duty to see true P&L. (Groww)
-
For very small trades, check the minimum brokerage condition (₹5 rule). (Groww)
Final thoughts — use the tool, but trade wisely
Groww’s Brokerage Calculator is a useful, quick way to see how much a trade will cost. It removes guesswork and helps you compare trade types and brokers. But remember: fees are only one part of trading success. Choose trades with a clear plan, control risk, and always check the contract note after execution.