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Fund Overview

Groww Banking & Financial Services Fund-Reg (G)

Get details information of scheme on investment, NAV, Performation.

Nav (₹)

11.70

Inception Date

06-02-2024

Category

Equity - Banking
Investment Objectives

The primary investment objective of the scheme is to generate consistent long-term returns by investing in equity and equity-related instruments of banking and financial services companies and other related sectors/companies. The fund aims to capitalize on the growth opportunities and growth potential 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). However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Risk O Meter
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Performance
Scheme Name 3 Months (%) 6 Months (%) 1 Year (%) 3 Years (%) 5 Years (%) 10 Years (%) Since Inception (%)
Groww Banking & Financial Services Fund-Reg (G) 6.70 15.52 7.96 NA NA NA 11.20
Value of 1,00,000 is now

Worth of investments in last

This Scheme

SIP

Benchmark (Nifty Financial Services TRI)

1Lakh investment Grown to 1.08 Lakh

10,000 investment Grown to 1.29 Lakh

1Lakh investment Grown to 1.15 Lakh

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Key Parameters
AUM(₹ Cr.) 57
Type OPEN ENDED
Entry Load Nil
Minimum investment(₹) 500
Expense Ratio (%) 0
Benchmark Nifty Financial Services TRI
Fund Manager Anupam Tiwari
Exit 1.00% - If redemption/switch-out of units on or before 30 days from the date of allotment. Nil - If redemption/switch-out of units after 30 Days from the date of allotment.
Incrimental Invest(₹) 500
NAV Movement
3M 6M 1Y 3Y 5Y
AUM Movement
3M 6M 1Y 3Y 5Y
Asset Allocation Pie chart
Top Company Holding (As on 30 06 25 )
Company Asset No.of shares Value (₹ in Cr)
ICICI Bank Equity 76411 11.05
HDFC Bank Equity 47502 9.51
Bajaj Holdings Equity 1769 2.54
SBI Life Insuran Equity 11218 2.06
Axis Bank Equity 16568 1.99
Kotak Mah. Bank Equity 9090 1.97
Chola Financial Equity 8631 1.87
Motil.Oswal.Fin. Equity 19820 1.72
Max Financial Equity 9966 1.64
PNB Housing Equity 13396 1.49
Prudent Corp. Equity 5414 1.47
One 97 Equity 15017 1.39
Sector Holding Pie Chart
Peer Comparison
Scheme Name AUM (₹ IN Cr.) 1 Years (%) 3 Years (%) 5 Years (%) Since Inception (%) Inception Date Sharpe Std.Dev
Groww Banking & Financial Services Fund 57.13 7.96 NA NA 11.20 06-Feb-2024 0.601 4.19
DSP Banking & Financial Services Fund 1,353.88 15.47 NA NA 17.73 08-Dec-2023 1.1581 3.61
Baroda BNP Paribas Banking&Financial Services Fund 290.05 13.15 17.87 20.80 12.68 22-Jun-2012 1.1676 4.06
SBI Banking & Financial Services Fund 8,537.50 12.24 19.74 22.49 14.78 26-Feb-2015 1.3613 3.72
WhiteOak Capital Banking & Financial Services Fund 448.02 11.90 NA NA 15.33 06-Feb-2024 1.0658 3.78
Tata Banking & Financial Services Fund 2,957.93 10.87 19.61 20.89 16.29 28-Dec-2015 1.3024 4.04
ICICI Pru Banking & Financial Services Fund 10,087.50 10.53 17.03 22.22 16.55 22-Aug-2008 1.2073 3.55
Invesco India Financial Services Fund 1,455.76 10.26 22.19 23.12 16.60 14-Jul-2008 1.4591 4.03
UTI-Banking and Financial Services Fund 1,355.60 9.64 17.47 22.03 14.73 07-Apr-2004 1.1917 4.07
Mirae Asset Banking&Financial Services Fund 2,085.20 9.56 18.34 NA 16.79 11-Dec-2020 1.1539 4.19
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