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 10.92 15.64 21.45 1.80 9,930.21
SBI Banking & Financial Services Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) Feb 26, 2015 14.28 18.23 21.84 1.79 8,450.07
Nippon India Banking & Financial Services Fund - IDCW Option May 26, 2003 9.80 17.84 25.42 1.84 7,222.06
TATA Banking & Financial Services Fund Regular Plan - Payout of Income Distribution cum capital withdrawal option Dec 28, 2015 11.03 17.62 20.03 1.91 2,894.89
TATA Banking & Financial Services Fund Regular Plan - Reinvestment of Income Distribution cum capital withdrawal option Dec 28, 2015 11.03 17.62 20.03 1.91 2,894.89

Fund Holdings as on 31-July-2025

  • HDFC Bank Limited

  • ICICI Bank Limited

  • Net Receivable/Payable

  • Bajaj Holdings & Investment.Ltd

  • SBI Life Insurance Company Limited

  • Power Finance Corporation Limited

  • MOTILAL OSWAL FINANCIAL SERVICES

  • Kotak Mahindra Bank Limited

  • Axis Bank Limited

  • One 97 Communications Limited

  • Cholamandalam Financial Holdings Limited

  • Prudent Corporate Advisory Services Ltd

  • Indian Energy Exchange Limited

  • Bajaj Finance Limited

  • Nippon Life India Asset Management Ltd

  • PNB Housing Finance Limited

  • State Bank of India

  • INDIA SHELTER FIN CORP LTD

  • Creditaccess Grameen Limited

  • TVS Holdings Limited

  • ICICI Prudential Life Insurance Company

  • Home First Finance Company India Limited

  • PB Fintech Limited

  • Max Financial Services Limited

  • CCIL

  • The South Indian Bank Limited

  • Nuvama Wealth Management Limited

  • SAGILITY INDIA LIMITED

  • Manappuram Finance Limited

  • Niva Bupa Health Insurance Company Ltd.

  • Medi Assist Healthcare Services Limited

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  • Bank - Private

  • Finance - NBFC

  • Insurance

  • Finance - Housing

  • Miscellaneous

  • Finance - Others

  • Fintech

  • Finance Term Lending

  • Finance - Stock Broking

  • Finance - Investment

  • Power Generation/Distribution

  • Finance - Asset Management

  • Bank - Public

  • Auto Ancillary

  • Business Support

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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 ₹57.48 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 up ₹0.07(0.59%)yesterday to ₹11.5492.

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 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