📣 Groww — Invest in stocks, mutual funds, IPOs and F&O with a simple digital platform and paperless account opening. Open account →
Is Groww Safe?
Investing Made Simple
Discount Broker Clients: ~1.29 Crore Since 2016 NSE · BSE · MCX
4.6/5
Is Groww safe?
Groww is a SEBI-registered stockbroker, a member of NSE · BSE · MCX operating since 2016. Your shares are held by the depository (CDSL/NSDL) in your own name — not by the broker.
| Safety factor | Groww |
|---|---|
| SEBI registration | INZ000301838 |
| Exchange memberships | NSE · BSE · MCX |
| Year of incorporation | 2016 |
| Net worth | Not Publicly Disclosed |
| Latest exchange complaint ratio | 0.009% (NSE 2023–24) |
How your money is protected
- Shares sit in your CDSL/NSDL demat account in your name — not on the broker's books.
- Investor Protection Fund at NSE/BSE covers claims if a broker defaults, up to prescribed limits.
- Quarterly settlement of running accounts is mandated by SEBI — idle funds return to your bank.
- Segregation of client funds from the broker's own funds is a SEBI requirement.
Safe broker ≠ safe investment. SEBI registration protects you from broker default and fraud — not from market losses.
More about Groww
Disclaimer: Investments in the securities market are subject to market risks; read all related documents carefully before investing. This page is for information only and is not investment advice. Brokerage, AMC and other charges change frequently — always verify against the broker's official website before opening an account. Affiliate disclosure: "Open account" links are affiliate links and we may earn a commission at no extra cost to you; this does not influence our ratings.