Groww Banking & Financial Services Fund - Growth - Regular Plan

Fund Overview Growth | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The primary investment objective of the scheme is to generate consistent long-term returns byinvesting in equity and equity-related instruments of banking and financial services companies andother related sectors/companies. The fund aims to capitalize on the growth opportunities and growthpotential of various sub-sectors within the BFSI sector, including (but not limited to) banks, NBFCs,insurance companies, asset management companies, capital market participants, fintech players etc. (This includes companies benefiting from or contributing to the growth of the banking and financial services sector).

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Nifty Financial Services - TRI N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
ICICI Prudential Banking and Financial Services Fund - Growth Aug 22, 2008 18.13 13.50 11.26 1.85 7,423.85
Nippon India Banking & Financial Services Fund-Growth Plan-Growth Option May 26, 2003 25.35 19.58 13.67 1.91 5,541.72
SBI BANKING & FINANCIAL SERVICES FUND - REGULAR PLAN - GROWTH Feb 26, 2015 29.09 14.93 13.55 1.87 5,326.55
Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth Dec 14, 2013 22.70 15.03 12.63 1.99 3,177.63
Tata Banking And Financial Services Fund-Regular Plan-Growth Dec 28, 2015 21.65 14.33 13.47 2.00 2,093.75

Fund Holdings as on 30-April-2024

  • HDFC Bank Limited

  • ICICI Bank Limited

  • State Bank of India

  • CCIL

  • Bajaj Finance Limited

  • SBI Life Insurance Company Limited

  • Axis Bank Limited

  • MAS Financial Services Limited

  • IndusInd Bank Limited

  • HDFC Asset Management Company Limited

  • CSB Bank Limited

  • FIVE-STAR BUSINESS FINANCE LIMITED

  • Creditaccess Grameen Limited

  • REC Limited

  • ICICI Lombard General Insurance Company

  • Max Financial Services Limited

  • Can Fin Homes Limited

  • UJJIVAN FINANCIAL SERVICES LIMITED

  • FUSION MICRO FINANCE LTD

  • BSE Ltd

  • Prudent Corporate Advisory Services Ltd

  • INDIA SHELTER FIN CORP LTD

  • INDOSTAR CAPITAL FINANCE LIMITED

  • Angel One Limited

  • ICICI Prudential Life Insurance Company

  • Net Receivable/Payable

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  • Bank - Private

  • Finance - NBFC

  • Bank - Public

  • Insurance

  • Finance Term Lending

  • Miscellaneous

  • Finance - Others

  • Finance - Housing

  • Finance - Asset Management

  • Finance - Stock Broking

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Fund Manager

  • Cash

  • Equity

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About Groww Banking & Financial Services Fund

Scheme Analysis

Groww Banking & Financial Services Fund is a Equity - Sectoral Fund - Banks & Financial Services fund and belongs to Groww Mutual Fund. It was launched on 06-Feb-2024 and currently has an AUM of ₹36.02 crore. Groww Banking & Financial Services Fund is benchmarked against Nifty Financial Services - TRI as primary index.

The NAV of Groww Banking & Financial Services Fund ended up ₹0.01(0.12%)yesterday to ₹10.2746.

Among its top 3 holdings the fund has exposure to HDFC Bank Limited, and

The Groww Banking & Financial Services Fund is managed by Anupam Tiwari .

Fund House Contact

Vaishnavi Tech Park, South Tower, 3rd Floor, Survey No.16/1 and 17/2, Ambalipura Village, Varthur Hobli, Bellandur, Bangalore South Bangalore - 560103

022-6974 4435
support@growwmf.in
022-66589925