Groww Banking & Financial Services Fund - Direct Plan - Growth
Groww Asset Management Limited · Direct Plan · Growth
Fund overview
1% on or before 30D, Nil after 30D
Returns & rankings
| Period | Fund Returns | Category Avg. | Rank | VS Category |
|---|---|---|---|---|
| … | ||||
Green = fund outperformed the category average for that period; red = underperformed. Periods under 1 year always show absolute (non-annualised) returns. Past performance does not guarantee future returns.
Return calculator
One-time investment
₹1,000
| Over the past | Total investment | Would've become | Returns |
|---|---|---|---|
| 1 Year | ₹1,000 | ₹1,088 | +88 |
| 3 Years | ₹1,000 | ₹1,289 | +289 |
| 5 Years | ₹1,000 | ₹1,527 | +527 |
Calculated using the fund's annualised return since inception (8.8% p.a.) as period-wise historical returns aren't available in the current feed. Actual returns fluctuate and are not guaranteed. Mutual fund investments are subject to market risks.
Holdings
41 securitiesTop 10 holdings make up 36.3% of the portfolio.
| Security | Sector | Market Cap | Weight |
|---|---|---|---|
| Kotak Mahindra Bank Ltd | Banks | Large Cap | 4.63% |
| Axis Bank Ltd | Banks | Large Cap | 4.46% |
| TREPS 01-OCT-2026 | Cash/Deposits/Margins/Treps/Repo/Swaps | — | 4.34% |
| Multi Commodity Exchange of India Ltd | Capital Markets | Mid Cap | 4.21% |
| Cartrade Tech Ltd | Retailing | Small Cap | 4.18% |
| Ujjivan Small Finance Bank Ltd | Banks | Small Cap | 4.00% |
| Manipal Payment and Identity Solutions Ltd | Financial Technology (Fintech) | Small Cap | 3.78% |
| Onemi Technology Solutions Ltd | Financial Technology (Fintech) | Small Cap | 3.62% |
| One 97 Communications Ltd | Financial Technology (Fintech) | Mid Cap | 3.10% |
| Shriram Finance Ltd | Financial Services | Large Cap | 2.99% |
Portfolio Allocation
Equity / Debt / Cash
Total Value
₹107 Cr
Market Cap Split
Total Value
100%
Equity sector allocation
Total Value
₹102 Cr
Exit load, stamp duty & tax
06-Feb-24
1% on or before 30D, Nil after 30D
0.005% (from July 1st, 2020)
Taxation depends on the fund category and holding period. Consult the scheme document or a tax advisor for details.
Risk & Performance Ratios (1Y)
| Standard Deviation | -- |
| Beta | -- |
| Sharpe Ratio | -- |
| Sortino Ratio | -- |
| Treynor Ratio | -- |
| Jensen's Alpha | -- |
| Information Ratio | -- |
| R-Squared | -- |
| Max Drawdown | -- |
| Upside Capture | -- |
| Downside Capture | -- |
Fund management
Scheme Details
Investment objective
The Primary Investment Objective Of The Scheme Is To Generate Consistent Long-Term Returns Byinvesting In Equity And Equity-Related Instruments Of Banking And Financial Services Companies Andother Related Sectors/Companies. The Fund Aims To Capitalize On The Growth Opportunities And Growthpotential 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).
Fund house
Groww Asset Management Limited
Frequently asked questions
What is the NAV of Groww Banking & Financial Services Fund - Direct Plan - Growth?
The NAV of Groww Banking & Financial Services Fund - Direct Plan - Growth is ₹12.58 as of 21 Oct 2026. NAV is updated at the end of every trading day.
How much expense ratio is charged by Groww Banking & Financial Services Fund - Direct Plan - Growth?
The expense ratio charged by Groww Banking & Financial Services Fund - Direct Plan - Growth is 1.26%.
What is the Min. SIP of Groww Banking & Financial Services Fund - Direct Plan - Growth?
The minimum SIP investment in Groww Banking & Financial Services Fund - Direct Plan - Growth is ₹500 per month.
What is the Min. Lumpsum of Groww Banking & Financial Services Fund - Direct Plan - Growth?
The minimum lumpsum investment in Groww Banking & Financial Services Fund - Direct Plan - Growth is ₹500.
What is the Exit Load of Groww Banking & Financial Services Fund - Direct Plan - Growth?
The exit load for Groww Banking & Financial Services Fund - Direct Plan - Growth is: 1% on or before 30D, Nil after 30D
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