Groww vs Angel One: Which App Costs You Less?

Millions of Indians invest via apps like Groww and Angel One. But zero brokerage isn't really zero. Here's how to pick the platform that actually saves you money on your SIPs and trades.

Here's what happened: Groww's quarterly profit jumped sharply, confirming it is now one of India's most profitable fintech platforms with crores of retail investors.. Angel One also reports Q1 results today — both platforms compete fiercely for India's growing base of first-time mutual fund and stock investors.. HDFC Life, ICICI Lombard, and ICICI Pru also announce results, signalling strong premium growth as more Indians buy insurance through digital channels..

What you should do: Check your current platform's fee schedule — look for account maintenance charges (AMC), DP charges per debit transaction (₹13–₹20 per sell), and fund expense ratios.. Compare direct mutual fund options: Groww, Zerodha Coin, and Paytm Money all offer direct plans — direct plans save you 0.5–1% annually vs regular plans.. Verify your investment platform is SEBI-registered and your funds are held with CDSL/NSDL — not inside the app — so your money is safe even if the company shuts down..

Direct mutual fund plans on any SEBI-registered platform beat regular plans by ₹30,000–₹80,000 on a ₹5,000/month SIP over 10 years — the platform brand matters less than the plan type.