Groww Banking & Financial Services Fund - IDCW - Regular Plan

Other Plans and Options

Fund Overview IDCW | 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 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 - IDCW Aug 22, 2008 17.77 20.08 24.36 1.81 9,812.38
SBI Banking & Financial Services Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) Feb 26, 2015 18.00 22.69 24.25 1.78 7,998.78
Nippon India Banking & Financial Services Fund - IDCW Option May 26, 2003 16.96 23.74 28.73 1.84 7,159.57
TATA Banking & Financial Services Fund Regular Plan - Payout of Income Distribution cum capital withdrawal option Dec 28, 2015 17.08 23.44 22.45 1.91 2,796.92
TATA Banking & Financial Services Fund Regular Plan - Reinvestment of Income Distribution cum capital withdrawal option Dec 28, 2015 17.08 23.44 22.45 1.91 2,796.92

Fund Holdings as on 31-May-2025

  • ICICI Bank Limited

  • HDFC Bank Limited

  • Bajaj Holdings & Investment.Ltd

  • SBI Life Insurance Company Limited

  • Axis Bank Limited

  • Net Receivable/Payable

  • Cholamandalam Financial Holdings Limited

  • MOTILAL OSWAL FINANCIAL SERVICES

  • Prudent Corporate Advisory Services Ltd

  • Max Financial Services Limited

  • PNB Housing Finance Limited

  • Angel One Limited

  • State Bank of India

  • One 97 Communications Limited

  • Nippon Life India Asset Management Ltd

  • INDIA SHELTER FIN CORP LTD

  • ICICI Prudential Life Insurance Company

  • Home First Finance Company India Limited

  • Creditaccess Grameen Limited

  • IndusInd Bank Limited

  • PB Fintech Limited

  • Multi Commodity Exchange of India Ltd.

  • Power Finance Corporation Limited

  • Indian Energy Exchange Limited

  • Nuvama Wealth Management Limited

  • Groww Mutual Fund

  • Cholamandalam Invest & Finance Co Ltd

  • BSE Ltd

  • KFIN TECHNOLOGIES LIMITED

  • Muthoot Finance Limited

  • Medi Assist Healthcare Services Limited

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  • Bank - Private

  • Finance - NBFC

  • Finance - Others

  • Finance - Stock Broking

  • Finance - Housing

  • Insurance

  • Fintech

  • Miscellaneous

  • Finance - Investment

  • Bank - Public

  • Finance - Asset Management

  • Finance Term Lending

  • Power Generation/Distribution

  • Depository Services

  • Business Support

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Fund Manager

  • Cash

  • 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 ₹53.97 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 ₹-0.07(-0.59%)yesterday to ₹11.5025.

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