Groww vs Paytm Money 2026: Compare Fees, Trades & Costs

If you are looking to save on trading costs in 2026, Groww and Paytm Money are two of India’s most popular low-cost platforms. This guide compares their brokerage fees, mutual fund charges, account costs,and platform usage fees, and also answers common questions investors may have.

Brokerage Charges: Groww vs Paytm Money

What are the brokerage charges in Groww and Paytm Money? Groww: ₹20 or 0.05% per trade for both delivery and intraday. Paytm Money: Free for delivery, ₹20 or 0.05% for intraday.

• Is Paytm Money cheaper than Groww for intraday trading? No, both charge the same, ₹20 or 0.05% per trade.
• Does Paytm Money charge for equity delivery? No, it’s completely free.

Mutual Funds and SIP charges

Both platforms are equal for mutual funds, with no brokerage or hidden platform charges.

• Is Groww free for mutual fund investments? Yes, Groww offers 100% commission-free direct mutual funds.
• Does Paytm Money offer free mutual fund investing? Yes, Paytm Money also offers free direct mutual funds.
• What is the minimum investment amount on Paytm Money? ₹100 for mutual funds and SIPs, same as Groww.

Account Opening, AMC, and Platform Costs

Can I use both Groww and Paytm Money together? Yes, but managing two Demat accounts can be more complex.

• How much is the account opening fee in Groww vs Paytm Money? Groww: ₹0 free, Paytm Money: ₹200.
• Are there annual maintenance charges in Groww? No, Groww has no AMC for Demat or trading accounts.
• Can I switch from Groww to Paytm Money easily? Yes, you can transfer holdings via CDSL’s online process, which takes 1–2 days.

Intraday & Delivery Fees: Who’s More Affordable?

• Intraday trading costs: Both charge ₹20 or 0.05% per trade, whichever is lower, making them equally affordable for intraday traders.
• Equity delivery costs: Paytm Money’s free equity delivery is a significant advantage over Groww’s ₹20 or 0.05% per trade fee, ideal for buy-and-hold investors.
• Transaction charges: Both platforms have similar exchange charges, NSE: 0.00325%-0.00345%, BSE: 0.00375%, which are standard across discount brokers.
• SEBI and STT charges: Both apply SEBI turnover charges of ₹10/crore, and STT 0.025% for intraday, 0.1% for delivery, with no platform-specific differences.
• Auto square-off charges: Groww charges ₹50 per position, while Paytm Money charges ₹50 + GST, slightly increasing costs for Paytm Money users.
• Leverage costs: Both offer up to 5x leverage for intraday trading with no additional fees, keeping costs aligned.

Read more: How to Start Intraday Trading & How Much Money You Need to Invest

Conclusion

In 2026, Paytm Money is more cost-effective for equity delivery traders due to its free delivery trades, whereas Groww is more affordable for those prioritizing free account opening and no platform fees.

Both platforms offer commission-free mutual funds and identical intraday fees, making them competitive for beginners. Your choice depends on your trading style: Paytm Money is ideal for delivery-focused investors, while Groww offers overall low-cost access.