Groww Banking & Financial Services Fund - Growth - Direct Plan

Other Plans and Options

Fund Overview Growth | Direct 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 50 - TRI N/A N/A N/A N/A N/A N/A
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 - Direct Plan - Growth Jan 01, 2013 18.19 18.04 24.82 1.06 9,007.66
SBI BANKING & FINANCIAL SERVICES FUND - DIRECT PLAN - GROWTH Feb 26, 2015 17.75 20.46 24.40 0.76 7,111.34
Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option Jan 01, 2013 16.90 21.06 29.27 1.02 6,565.78
Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - Growth Dec 14, 2013 12.21 18.63 25.33 1.09 3,248.48
Tata Banking And Financial Services Fund-Direct Plan-Growth Dec 28, 2015 18.61 22.38 23.60 0.53 2,548.47

Fund Holdings as on 31-March-2025

  • ICICI Bank Limited

  • HDFC Bank Limited

  • NSE BANK NIFTY 24/04/2025

  • State Bank of India

  • Bajaj Holdings & Investment.Ltd

  • Net Receivable/Payable

  • Axis Bank Limited

  • One 97 Communications Limited

  • Max Financial Services Limited

  • INDIA SHELTER FIN CORP LTD

  • Nuvama Wealth Management Limited

  • Angel One Limited

  • Computer Age Management Services Limited

  • ICICI Prudential Life Insurance Company

  • PB Fintech Limited

  • Bank of Baroda

  • KFIN TECHNOLOGIES LIMITED

  • Shriram Finance Limited

  • Prudent Corporate Advisory Services Ltd

  • Power Finance Corporation Limited

  • PNB Housing Finance Limited

  • Multi Commodity Exchange of India Ltd.

  • Groww Liquid Fund - Dir Plan Growth Opt

  • Indian Energy Exchange Limited

  • Cholamandalam Invest & Finance Co Ltd

  • Muthoot Finance Limited

  • Creditaccess Grameen Limited

  • Medi Assist Healthcare Services Limited

  • BSE Ltd

  • MOTILAL OSWAL FINANCIAL SERVICES

  • Cholamandalam Financial Holdings Limited

  • SBI Life Insurance Company Limited

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  • Bank - Private

  • Finance - NBFC

  • Bank - Public

  • Miscellaneous

  • Finance - Others

  • Fintech

  • Finance - Stock Broking

  • Depository Services

  • Finance - Housing

  • Insurance

  • Finance Term Lending

  • Power Generation/Distribution

  • Business Support

  • Finance - Investment

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Fund Manager

  • Cash

  • Derivatives

  • Equity

  • MFU

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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 ₹49.26 crore. Groww Banking & Financial Services Fund is benchmarked against NIFTY 50 - TRI as primary index and Nifty Financial Services - TRI as secondary index.

The NAV of Groww Banking & Financial Services Fund ended down ₹-0.06(-0.52%)yesterday to ₹11.2345.

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

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

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