Groww to hike minimum brokerage, DP and MTF charges from June 21

Groww India, the largest brokerage in terms of active clients, is planning to raise its minimum brokerage from late next month.

In an email to its clients, the broking firm said that from 21 June onwards, it will raise its minimum broking charges from ₹2 to ₹5. Currently, the firm charges a brokerage of ₹20 or 0.1 per cent of the executed order, whichever is lower, but with a minimum charge of ₹2. The minimum charge will be raised to ₹5 from 21 June.