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)

64 Cr

Lock In Period

N/A

Expense Ratio

2.35

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 10.7918 NAV as of Apr 02,2026 and returns since inception of --%. Minimum investments start at SIP ₹500. The Groww Banking & Financial Services Fund Growth AUM is ₹64 Cr, with a lock-in of N/A years, expense ratio of 2.35%, 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 -8.75% returns, against a category average of -1.83% and a category best of 10.69%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M-8.75-1.8310.69
6M-6.20-0.1154.32
1Y3.312.67161.66
3Y0.008.45231.57

Portfolio Analysis

  • Equity: 94.33%
  • Debt: 5.65%
  • Others
As on: 2026-02-28
View allocation % by

1. ICICI Bank Limited9.56%
2. Axis Bank Limited6.03%
3. The Federal Bank Limited2.78%
4. Karur Vysya Bank Limited2.50%
5. Ujjivan Small Finance Bank Limited2.25%
6. City Union Bank Limited1.00%

1. Bajaj Finance Limited6.45%
2. SBFC Finance Limited3.84%
3. L&T Finance Limited3.45%
4. Fedbank Financial Ser Ltd2.12%
5. Arman Financial Services Limited1.72%
6. FIVE-STAR BUSINESS FINANCE LIMITED1.68%

1. State Bank of India8.28%
2. Union Bank of India3.25%
3. Bank of Baroda2.67%

1. Max Financial Services Limited2.56%
2. Aditya Birla Capital Limited2.55%
3. Prudent Corporate Advisory Services Ltd2.23%
4. Northern Arc Capital Ltd1.77%
5. HDB Financial Services Limited0.91%

1. INDIA SHELTER FIN CORP LTD3.06%
2. Home First Finance Company India Limited2.55%
3. Aptus Value Housing Finance India Ltd1.82%

1. BSE Ltd3.30%
2. Multi Commodity Exchange of India Ltd.3.21%

1. Creditaccess Grameen Limited1.93%
2. Muthoot Microfin Limited1.82%

1. SBI Life Insurance Company Limited3.57%

1. Nippon Life India Asset Management Ltd2.25%
2. ICICI Prudential AMC Ltd0.08%

1. Star Health and Allied Insurance Co Ltd0.89%
2. Niva Bupa Health Insurance Company Ltd.0.76%

1. PB Fintech Limited1.49%

About Fund

Groww Banking & Financial Services Fund Growth managed by Groww Mutual Fund,is a Equity - Sector Fundscheme with Assets Under Management of ₹64 Crore. The fund benchmarks its performance against the Nifty Financial Services Total Return while maintaining an expense ratio of 2.35. 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 FundMahindra Manulife Banking & Financial Services Fund Growth00
This FundShriram Multi Sector Rotation Fund Growth-8.44660
This FundGroww Banking & Financial Services Fund Growth3.31230
This FundICICI Prudential PSU Equity Fund Growth6.5641100
This FundNippon India Taiwan Equity Fund Growth158.044218.0202

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 2.35. 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 : -8.75%
  • 6 Months : -6.20%
  • 1 Year : 3.31%
  • 3 Years : 0.00%
Returns of Groww Banking & Financial Services Fund Growth are updated daily based on NAV of ₹ 10.7918 as on Apr 02,2026. 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 ₹64 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