Groww vs Zerodha: The Mutual Fund & IPO-First Platform Dilemma for Indian Investors

Groww is the MF/IPO-friendly pick, while Zerodha is the trading workhorse. In 2025, investors map these strengths to two clear paths: mutual funds/IPO access or active stock trading.^[1]

MF & IPO Focus Post 1 argues that if your plan is MF/IPO participation, Groww is the go-to; if you plan to trade, Zerodha is preferred. The thread also flags possible frictions—like moving holdings between platforms and concerns about demat charges—when you mix MF/IPO with trading.^[1]

Trading Edge The sentiment runs: Groww feels like a beginner-friendly platform for learning, but Zerodha offers a deeper tech stack and more robust trading tools for actual execution and analysis.^[1]

US Stocks & Global Access Zerodha has started building US stock investing, after regulatory clarity from SEBI and IFSCA in May and June, with launch planned soon.^[2] This push comes as exchanges allow third-party products and as cross-border options expand, albeit under strict rules.^[3]

Global Access Rules & Implications Cross-border moves hinge on caps: SEBI’s overseas mutual fund limit sits at USD 7 billion, and the RBI’s remittance regime via LRS caps roughly USD 250k per PAN per year. Some chatter also points to via-LRS routes enabling ~2.5 crores per year, especially through a US broker or fintechs.^[2][3]

Closing thought: for 2025, start with Groww if MF/IPO participation is your goal; turn to Zerodha if you want trading speed and a future US stock pathway, all while watching regulatory caps that shape how far you can go.^[1][2][3]

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