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Groww Banking & Financial Services Fund Growth Return

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

Groww Banking & Financial Services Fund Growth Fund Overview

Min. investment

SIP ₹500 & Lump. ₹500

AUM (Fund size)

₹70 Cr

Lock In Period

N/A

Expense Ratio

3.02

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.

Benchmark

Nifty Financial Services Total Return

Groww Banking & Financial Services Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M4.74-1.369.13
6M6.440.4698.77
1Y5.622.63177.33
3Y0.008.80327.13

Portfolio Analysis

  • Equity: 96.76%
  • Debt: 3.24%
  • Others
As on: 2026-05-31
View allocation % by

1. ICICI Bank Limited7.78%
2. HDFC Bank Limited7.69%
3. Axis Bank Limited7.11%
4. Ujjivan Small Finance Bank Limited3.70%
5. RBL Bank Limited3.68%
6. The Federal Bank Limited2.72%
7. Karur Vysya Bank Limited2.02%
8. City Union Bank Limited1.73%
9. The Jammu & Kashmir Bank Limited1.57%
10. Tamilnad Mercantile Bank Ltd.1.53%

1. Bajaj Finance Limited3.91%
2. SBFC Finance Limited3.55%
3. Shriram Finance Limited2.67%
4. L&T Finance Limited2.59%
5. Fedbank Financial Ser Ltd2.39%
6. Arman Financial Services Limited0.95%

1. Prudent Corporate Advisory Services Ltd2.78%
2. OnEMI Technology Solutions Limited2.75%
3. Aditya Birla Capital Limited2.68%
4. Max Financial Services Limited2.44%
5. Angel One Limited1.16%

1. BSE Ltd5.91%
2. Multi Commodity Exchange of India Ltd.4.85%

1. INDIA SHELTER FIN CORP LTD2.91%
2. Home First Finance Company India Limited2.66%

1. State Bank of India2.58%
2. Union Bank of India2.46%

1. PB Fintech Limited2.49%

1. Nippon Life India Asset Management Ltd2.43%

1. SBI Life Insurance Company Limited2.09%

About Fund Groww Banking & Financial Services Fund Growth

Groww Banking & Financial Services Fund Growth managed by Groww Mutual Fund,is a Equity - Sector Fundscheme with Assets Under Management of ₹70 Crore. The fund benchmarks its performance against the Nifty Financial Services Total Return while maintaining an expense ratio of 3.02. 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.

Fund Managers

Anupam Tiwari

Mr. Tiwari holds Chartered Accountant as his educational qualification. He has more than 7 years of experience in Equity Markets as Research Analyst and Fund Manager, Prior to joining Principal Mutual Fund, he has worked with Reliance Mutual Fund and Reliance Life Insurance.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
Axis Services Opportunities Fund Growth01570.39 CR2.1
ICICI Prudential Quality Fund Growth02145.14 CR2.05
Groww Banking & Financial Services Fund Growth070.14 CR3.02
HDFC Defence Fund Growth59724.27 CR1.75
Nippon India Taiwan Equity Fund Growth31256.27 CR2.15
Fund Name1Y3Y
This FundAxis Services Opportunities Fund Growth00
This FundICICI Prudential Quality Fund Growth-0.29130
This FundGroww Banking & Financial Services Fund Growth5.62430
This FundHDFC Defence Fund Growth14.8519189.6697
This FundNippon India Taiwan Equity Fund Growth173.5597309.7909

Groww Banking & Financial Services Fund Growth 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 3.02. 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 : 4.74%
  • 6 Months : 6.44%
  • 1 Year : 5.62%
  • 3 Years : 0.00%
Returns of Groww Banking & Financial Services Fund Growth are updated daily based on NAV of ₹ 12.7849 as on Jul 01,2026. 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 ₹70 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.