- Mutual Funds
- Groww Mutual Fund
- Groww Banking & Financial Services Fund (Growth)
Groww Banking & Financial Services Fund (Growth)
₹ 10.7253
NAV (Jul 25)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.7253
NAV (Jul 25)
Fund Returns
Last 1Y | NA |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 7.3% |
6 Month CAGR | NA |
Scheme Information
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 | 2.3 |
Launched (0y ago) | Feb 07, 2024 |
AUM in Crores | 39.698 |
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
Returns Calculator Comparison
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for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Groww Banking & Financial Services Fund (Growth) | NaN | NaN | % | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Stock Holdings
hdfc bank ltd
24.7%icici bank ltd
20.9%axis bank ltd
6.9%kotak mahindra bank ltd
6.8%state bank of india
3.9%Allocation by Sector
financial services
97.1%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 21,459 cr | ||
₹ 16,283 cr | ||
₹ 24,345 cr | ||
₹ 59,364 cr | ||
₹ 45,470 cr |
About the AMC
Groww Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
17.2% | 12.4% | ||
5.6% | 7% | ||
4.2% | 6.3% | ||
18.1% | 11.4% | ||
17.2% | 11.2% |
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 8.2% 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 7/25/2024 is ₹10.73 with the total AUM as of 7/26/2024 is ₹39.698. 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)?
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 2.3% for regular plan.