Milestone · Financial Services

Groww leads market share in June 2026

What they do

Groww is a discount stock broking platform that lets users trade stocks and invest in mutual funds

In June 2026, Groww had 1.30 crore active clients, the highest among all brokers, with a 28.72% market share

The industry lost 1.37 lakh active clients overall, and most top brokers saw a decline in June

In June 2026, the Indian broking industry had 4.54 crore active clients, down 1.37 lakh from May.
Groww had 1.30 crore active clients, the highest among all brokers, with a 28.72% market share.
Groww lost 6,004 active clients during the month.
Zerodha had 68.01 lakh active clients (14.96% share), losing 45,971 clients.
Angel One had 66.34 lakh active clients (14.59% share), losing 50,390 clients.
ICICI Securities added 15,781 clients, reaching 21.21 lakh active clients (4.67% share).
Dhan added 11,307 clients, reaching 10.73 lakh active clients (2.36% share).
Sahi (Aaritya Broking Ltd) entered the top 20 for the first time, adding 27,742 clients — the highest monthly addition among all brokers.

The data shows a broad decline in active clients across most major brokers in June 2026.
Groww retained its position as the market leader despite losing a small number of clients.
ICICI Securities, Dhan, and Sahi bucked the trend by adding clients.
Sahi, led by former Swiggy CTO Dale Vaz, recorded the highest net additions.

Groww is a discount broking platform that allows users to trade stocks and invest in mutual funds.
It competes with Zerodha, Angel One, Upstox, and other online brokers.
The company generates revenue from brokerage fees and other transaction-based charges.
Groww has a large user base and is one of the most popular trading apps in India.