- Mutual Funds
- Groww Mutual Fund
- Groww Banking & Financial Services Fund (G)
Groww Banking & Financial Services Fund (G)
₹ 10.8443
NAV (Sep 06)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.8443
NAV (Sep 6)
Fund Returns
Last 1Y | NA |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 8.4% |
6 Month CAGR | 7.7% |
Scheme Information
The scheme seeks 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.
Expense Ratio | 2.3 |
Launched (0y ago) | 2.3 |
AUM in Crores | 40.7 |
ISIN | INF666M01HP7 |
Lock-in | |
Benchmark | NIFTY Financial Services Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | |
Standard Deviation | |
Beta | NaN |
Sharpe Ratio | NaN |
YTM |
Fund Managers
Returns Calculator Comparison
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with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Groww Banking & Financial Services Fund (G) | NaN | 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.
23.1%ICICI Bank Ltd.
20.6%State Bank of India
7.1%Kotak Mahindra Bank Ltd.
6.7%Axis Bank Ltd.
6.2%Allocation by Sector
Financial
85.00312%Insurance
10.962831%Services
0.875867%Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 25,617 cr | ||
₹ 23,046 cr | ||
₹ 62,717 cr | ||
₹ 48,805 cr | ||
₹ 17,267 cr |
About the AMC
Groww Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
16.399% | 11.462% | ||
4.186% | 6.293% | ||
4.502% | 5.858% | ||
15.926% | 11.526% | ||
5.783% | 6.986% |
Groww Banking & Financial Services Fund (G) Review
Groww Banking & Financial Services Fund (G) is a Equity Equity fund and has delivered an annualised return of 8.443% over a period of 0 years. The fund is managed by Groww Mutual Fund. The fund manager’s name is [object Object].
Nav of Groww Banking & Financial Services Fund (G) as of 9/6/2024 is ₹10.84 with the total AUM as of 9/7/2024 is ₹40.745961. 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 2024-02-07. The category risk of the fund is null.
The minimum SIP amount for Groww Banking & Financial Services Fund (G) is ₹1000 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 Total Return Index.
Groww Banking & Financial Services Fund (G) is rated as a null 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 ₹1000. 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 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.