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  • Groww Mutual Fund
  • Groww Banking & Financial Services Fund (Growth)
Groww Mutual Fund

Groww Banking & Financial Services Fund (Growth)

EquitySectoral/ Thematic

10.5192

NAV (Jun 14)

5.7%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Outperformance Consistency

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

10.5192

NAV (Jun 14)

Fund Returns

Last 1Y
NA
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
5.2%
6 Month CAGR
NA

Scheme Information

Investment Objective

The primary investment objective of the scheme is to generate consistent long-term returns by investing in equity and equity-related instruments of banking and financial services companies and other related sectors/companies. The fund aims to capitalize on the growth opportunities and growth potential of various sub-sectors within the BFSI sector,including (but not limited to) banks,NBFCs,insurance companies,asset management companies,capital market participants,fintech players etc. (This includes companies benefiting from or contributing to the growth of the banking and financial services sector).

Expense Ratio
2.25
Launched (0y ago)
Feb 07, 2024
AUM in Crores
36.018
ISIN
INF666M01HP7
Lock-in
No Lock-in
Benchmark
Nifty Financial Services TRI
SIP Minimum
0
Lumpsum Min.
5000
Standard Deviation (3yr)
0
Standard Deviation (5yr)
0
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0
Sharpe Ratio (5yr)
0
YTM
0
Fund Managers

Anupam Tiwari

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Groww Banking & Financial Services Fund (Growth)70%NaN NaN%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-06-14

Top Stock Holdings

hdfc bank ltd

21.9%
21.9%

icici bank ltd

19%
19%

state bank of india

8.7%
8.7%

axis bank ltd

7.2%
7.2%

kotak mahindra bank ltd

5.9%
5.9%
See all holdings

Allocation by Sector

financial services

98.2%
98.2%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 19,454 cr

₹ 15,161 cr

₹ 22,620 cr

₹ 55,459 cr

₹ 42,669 cr

amc-img

About the AMC

Groww Mutual Fund

Groww Asset Management Ltd. manages assets worth 840 crores and was set up on April 10, 2008. It's current offering of mutual fund schemes includes 22 equity,85 debt and 14 hybrid funds.amc-img
phone-img80501 80222
Fund NameScripbox Opinion
Till Date CAGR

16.8%

12.3%

5.5%

7%

17.8%

11.2%

3.9%

6.3%

4.4%

5.8%

Groww Banking & Financial Services Fund (G) Review

Groww Banking & Financial Services Fund (G) is a Sectoral/ Thematic Equity fund and has delivered an annualised return of 5.7% over a period of 0 years. The fund is managed by Groww Asset Management Ltd.. The fund manager’s name is Anupam Tiwari.

Nav of Groww Banking & Financial Services Fund (G) as of 6/14/2024 is ₹10.52 with the total AUM as of 6/16/2024 is ₹36.018. With Scripbox you can compare and check the latest nav for all mutual funds in India. Groww Banking & Financial Services Fund (G) was launched on Feb 07, 2024. The category risk of the fund is Very High Risk.

The minimum SIP amount for Groww Banking & Financial Services Fund (G) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Groww Banking & Financial Services Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty Financial Services TRI.

Groww Banking & Financial Services Fund (G) is rated as a 0 fund in Equity and delivered null% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Groww Banking & Financial Services Fund (G).

Frequently Asked Questions

What is Groww Banking & Financial Services Fund (G)?

Groww Banking & Financial Services Fund (G) is a Sectoral/ Thematic Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Groww Banking & Financial Services Fund (G)?

You can invest in Groww Banking & Financial Services Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Groww Banking & Financial Services Fund (G)?

The minimum sip amount for Groww Banking & Financial Services Fund (G) is ₹0. You can invest in multiples of ₹5000.

Is Groww Banking & Financial Services Fund (G) good to invest in?

As per Scripbox experts, Groww Banking & Financial Services Fund (G) is a Not Reviewed Yet fund. You can investGroww Banking & Financial Services Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Groww Banking & Financial Services Fund (G)?

The expense ratio of the Groww Banking & Financial Services Fund (G) is 2.25% for regular plan.