Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
This Fund:
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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹500 & Lump. ₹500

AUM (Fund size)

63 Cr

Lock In Period

N/A

Expense Ratio

2.3

Benchmark

Nifty Financial Services Total Return

Exit Load

For redemption / switch-out of units on or before 30 days from the date of allotment: 1.00% of applicable NAV.For redemption / switch-out of units after 30 days from the date of allotment: Nil.

Summary

Latest details for Groww Banking & Financial Services Fund Growth include a 11.4961 NAV as of Mar 06,2026 and returns since inception of --%. Minimum investments start at SIP ₹500. The Groww Banking & Financial Services Fund Growth AUM is ₹63 Cr, with a lock-in of N/A years, expense ratio of 2.3%, and benchmark Nifty Financial Services Total Return. Exit load is - For redemption / switch-out of units on or before 30 days from the date of allotment: 1.00% of applicable NAV.For redemption / switch-out of units after 30 days from the date of allotment: Nil.. In the growth review for 1M Month/Year, the fund recorded -2.70% returns, against a category average of -1.18% and a category best of 13.40%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M-2.70-1.1813.40
6M2.001.2140.21
1Y19.755.1099.03
3Y0.0012.36208.37

Portfolio Analysis

  • Equity: 96.38%
  • Debt: 3.60%
  • Others
As on: 2026-01-31
View allocation % by

1. ICICI Bank Limited9.60%
2. Axis Bank Limited6.11%
3. HDFC Bank Limited2.94%
4. The Federal Bank Limited2.43%
5. Karur Vysya Bank Limited2.36%
6. Ujjivan Small Finance Bank Limited2.04%

1. Bajaj Finance Limited6.64%
2. L&T Finance Limited3.56%
3. SBFC Finance Limited3.32%
4. Fedbank Financial Ser Ltd2.53%
5. Manappuram Finance Limited2.30%
6. FIVE-STAR BUSINESS FINANCE LIMITED1.88%
7. Arman Financial Services Limited1.82%

1. State Bank of India7.59%
2. Union Bank of India2.97%
3. Bank of Baroda2.54%

1. Max Financial Services Limited2.33%
2. Northern Arc Capital Ltd1.96%
3. Nuvama Wealth Management Limited1.91%
4. Prudent Corporate Advisory Services Ltd1.36%
5. HDB Financial Services Limited0.93%

1. INDIA SHELTER FIN CORP LTD3.43%
2. Home First Finance Company India Limited2.84%
3. Aptus Value Housing Finance India Ltd2.10%

1. Multi Commodity Exchange of India Ltd.3.40%
2. BSE Ltd3.00%

1. SBI Life Insurance Company Limited3.59%
2. Life Insurance Corporation Of India0.89%

1. Creditaccess Grameen Limited2.07%
2. Muthoot Microfin Limited1.97%

1. Nippon Life India Asset Management Ltd2.17%
2. ICICI Prudential AMC Ltd0.08%

1. Star Health and Allied Insurance Co Ltd0.91%
2. Niva Bupa Health Insurance Company Ltd.0.81%

About Fund

Groww Banking & Financial Services Fund Growth managed by Groww Mutual Fund,is a Equity - Sector Fundscheme with Assets Under Management of ₹63 Crore. The fund benchmarks its performance against the Nifty Financial Services Total Return while maintaining an expense ratio of 2.3. Under the expert guidance of Anupam Tiwari ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Peer Comparison

Fund Name1Y3Y
This FundHDFC Technology Fund Growth-13.03540
This FundGroww Banking & Financial Services Fund Growth19.750
This FundICICI Prudential PSU Equity Fund Growth23.1023112.1327
This FundNippon India Taiwan Equity Fund Growth96.2826195.7968

FAQs

Groww Banking & Financial Services Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Groww Banking & Financial Services Fund Growth is 2.3. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Groww Banking & Financial Services Fund Growth’s fund performance is as follows:
  • 1 Month : -2.70%
  • 6 Months : 2.00%
  • 1 Year : 19.75%
  • 3 Years : 0.00%
Returns of Groww Banking & Financial Services Fund Growth are updated daily based on NAV of ₹ 11.4961 as on Mar 06,2026. Since inception, the return has been 0.00%.

You can invest in Groww Banking & Financial Services Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Groww Banking & Financial Services Fund Growth is ₹63 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Groww Banking & Financial Services Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500