Groww Banking & Financial Services Growth Direct Plan
SIP amount
Min. ₹100
Lumpsum amount
Min. ₹500

Groww Banking & Financial Services Growth Direct Plan

NAV
₹10.4226
+0.23%
(24 May)
AUM
36 Cr
TER
0.36%
Risk
Very High Risk
Insights
Total Expense Ratio (TER) is in the bottom 25% of comparable funds
In beta. Send feedback here.
Compare with other fund
1Y
+110.2%
+110.0%
+104.2%
+88.5%
NA
3Y
+41.8%
+42.6%
+43.7%
+40.2%
NA
5Y
+26.5%
+31.8%
NA
+28.7%
NA
ALL
+13.6%
+19.4%
+35.5%
+17.5%
+4.7%
VOL
19.9%
19.0%
21.8%
19.0%
10.2%
TER
0.9%
0.9%
0.5%
1.2%
0.4%
AUM
₹2,352 Cr
₹957 Cr
₹4,115 Cr
₹5,043 Cr
₹36 Cr
INFO
0.68
1.02
1.63
0.92
0.46
Past performance
Past performance is no guarantee of future returns.
Had you invested
Over the last
1Y
3Y
ALL
Your returns would have been
Groww Banking & Financial Services (G)
₹1,00,00,00,000
14.0%
Fixed deposit
₹40,00,00,000
6.0%
Bank savings
₹40,00,00,000
3.0%
See fund holdings as of 30th Apr
Top holdings
HDFC Bank Ltd
23.1%
ICICI Bank Ltd
19.9%
State Bank of India
8.8%
Ccil
5.4%
Bajaj Finance Ltd
4.6%
SBI Life Insurance Company Limited
4.1%
Axis Bank Ltd
3.6%
MAS Financial Services Ltd Ordinary Shares
2.7%
IndusInd Bank Ltd
2.7%
HDFC Asset Management Co Ltd
2.5%
Top industry exposure
Financial Services
93.2%
Other information
Minimum SIP
₹100
Minimum lumpsum
₹500
Additional lumpsum
₹500
Portfolio turnover
-
Lock-in period
-
Exit load
• 1% for redemption within 30 days
Fund 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).
Fund manager(s)
Anupam Tiwari

FAQs