Return

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  • 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 10.9386 NAV as of Mar 20,2026 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 -9.57% returns, against a category average of -2.27% and a category best of 21.63%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M-9.57-2.2721.63
6M-6.13-0.0856.31
1Y7.363.50143.78
3Y0.0011.36246.93

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 FundAxis Momentum Fund Growth1.10160
This FundICICI Prudential Energy Opportunities Fund Growth14.53740
This FundGroww Banking & Financial Services Fund Growth7.35670
This FundICICI Prudential PSU Equity Fund Growth11.9745101.1472
This FundNippon India Taiwan Equity Fund Growth140.4192232.7785

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 : -9.57%
  • 6 Months : -6.13%
  • 1 Year : 7.36%
  • 3 Years : 0.00%
Returns of Groww Banking & Financial Services Fund Growth are updated daily based on NAV of ₹ 10.9386 as on Mar 20,2026. 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