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This Fund:
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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹500 & Lump. ₹500

AUM (Fund size)

₹58 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 ₹11.9831 NAV as of Apr 30,2026 and returns since inception of --%. Minimum investments start at SIP ₹500. The Groww Banking & Financial Services Fund Growth AUM is ₹58 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 13.92% returns, against a category average of 11.25% and a category best of 29.18%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M13.9211.2529.18
6M0.16-2.3894.96
1Y9.246.94250.28
3Y0.0011.02357.99

Portfolio Analysis

  • Equity: 91.04%
  • Debt: 8.96%
  • Others
As on: 2026-03-31
View allocation % by

1. ICICI Bank Limited5.85%
2. Axis Bank Limited5.60%
3. Ujjivan Small Finance Bank Limited3.27%
4. The Federal Bank Limited2.66%
5. Karur Vysya Bank Limited2.46%
6. City Union Bank Limited1.98%

1. Bajaj Finance Limited5.75%
2. SBFC Finance Limited3.70%
3. L&T Finance Limited3.23%
4. Fedbank Financial Ser Ltd2.22%
5. Arman Financial Services Limited1.63%
6. FIVE-STAR BUSINESS FINANCE LIMITED1.57%
7. Shriram Finance Limited0.98%

1. State Bank of India5.19%
2. Union Bank of India2.92%
3. Bank of Baroda2.28%

1. Aditya Birla Capital Limited2.87%
2. Max Financial Services Limited2.33%
3. Prudent Corporate Advisory Services Ltd2.29%
4. Northern Arc Capital Ltd1.61%
5. Angel One Limited1.01%

1. Multi Commodity Exchange of India Ltd.4.76%
2. BSE Ltd4.65%

1. INDIA SHELTER FIN CORP LTD3.49%
2. Home First Finance Company India Limited2.74%

1. Creditaccess Grameen Limited1.95%
2. Muthoot Microfin Limited1.74%

1. PB Fintech Limited2.95%

1. SBI Life Insurance Company Limited2.46%

1. Nippon Life India Asset Management Ltd2.15%

1. Star Health and Allied Insurance Co Ltd0.96%
2. Niva Bupa Health Insurance Company Ltd.0.79%

About Fund

Groww Banking & Financial Services Fund Growth managed by Groww Mutual Fund,is a Equity - Sector Fundscheme with Assets Under Management of ₹58 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.

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
This FundMotilal Oswal Infrastructure Fund Growth0113.43 CR2.36
This FundBandhan Business Cycle Fund Growth01108.43 CR2.18
This FundGroww Banking & Financial Services Fund Growth057.75 CR2.35
This FundICICI Prudential PSU Equity Fund Growth01798.21 CR2.1
This FundNippon India Taiwan Equity Fund Growth3599.16 CR2.36
Fund Name1Y3Y
This FundMotilal Oswal Infrastructure Fund Growth00
This FundBandhan Business Cycle Fund Growth1.60770
This FundGroww Banking & Financial Services Fund Growth9.23920
This FundICICI Prudential PSU Equity Fund Growth12.5689105.1095
This FundNippon India Taiwan Equity Fund Growth245.4654339.3034

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 : 13.92%
  • 6 Months : 0.16%
  • 1 Year : 9.24%
  • 3 Years : 0.00%
Returns of Groww Banking & Financial Services Fund Growth are updated daily based on NAV of ₹ 11.9831 as on Apr 30,2026. 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 ₹58 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