Fund Overview

Groww Banking & Financial Services Fund-Reg (G)

Get detailed information of scheme on investment, NAV, Performance.

Nav(₹)

11.32

Inception Date

06-02-2024

Category

Equity - Banking
Investment Objectives

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). However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Risk O Meter
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Performance
Scheme Name 3 Months (%) 6 Months (%) 1 Years (%) 3 Years (%) 5 Years (%) 10 Years (%) Since Inception
Groww Banking & Financial Services Fund-Reg (G) 14.54 5.64 10.28 10.20
Value of Investment in last

Lumpsum

1Lakh investment Grown to 1.20 Lakh

SIP

₹ 10000 Monthly SIP Grown to 1.24 Lakh

Benchmark

1Lakh investment Grown to 1.21 Lakh

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Key Parameters
AUM(₹ Cr.) 52
Type OPEN ENDED
Entry Load Nil
Minimum investment(₹) 500
Incrimental Investment(₹) 500
Expense Ratio (%) NA
Benchmark Nifty Financial Services TRI
Fund Manager Anupam Tiwari
Exit 1.00% - If redemption/switch-out of units on or before 30 days from the date of allotment. Nil - If redemption/switch-out of units after 30 Days from the date of allotment.
Nav Movement
3M 6M 1Y 3Y 5Y Inception
AUM Movement
3M 6M 1Y 3Y 5Y Inception
Asset Allocation Pie chart
Top 10 Company Holdings
Company Asset Honding(%)
ICICI Bank Equity 21.05
HDFC Bank Equity 17.65
St Bk of India Equity 5.52
Net CA & Others Net CA & Others 4.22
Bajaj Holdings Equity 4.09
C C I Reverse Repo 3.98
SBI Life Insuran Equity 3.82
Axis Bank Equity 3.79
PNB Housing Equity 2.61
Max Financial Equity 2.51
Sector Holdings Pie Chart
Peer Comparision
Scheme Name AUM (Rs.in Cr.) 1 Years (%) 3 Years (%) 5 Years (%) Since Inception Inception Date Sharpe Std.Dev
Groww Banking & Financial Services Fund 51.80 10.28 NA NA 10.20 06-Feb-2024 0.2289 4.30
DSP Banking & Financial Services Fund 1,209.60 26.44 NA NA 20.28 08-Dec-2023 0.8575 3.73
WhiteOak Capital Banking & Financial Services Fund 393.55 20.91 NA NA 16.49 06-Feb-2024 0.8148 4.01
ICICI Pru Banking & Financial Services Fund 9,374.76 20.23 20.76 25.86 16.65 22-Aug-2008 0.8034 3.80
Tata Banking & Financial Services Fund 2,751.84 19.91 23.39 23.79 16.57 28-Dec-2015 0.9161 4.26
SBI Banking & Financial Services Fund 7,649.78 19.02 22.73 25.38 14.74 26-Feb-2015 0.9059 3.95
Baroda BNP Paribas Banking&Financial Services Fund 256.78 18.76 22.28 23.38 12.79 22-Jun-2012 0.8152 4.26
UTI-Banking and Financial Services Fund 1,263.64 18.71 21.94 25.56 14.86 07-Apr-2004 0.7928 4.30
Mirae Asset Banking&Financial Services Fund 1,946.52 18.07 22.45 NA 17.03 11-Dec-2020 0.8069 4.37
Nippon India Banking&Financial Services 6,966.89 18.05 23.89 30.62 20.60 28-May-2003 0.9115 4.11
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