Groww Banking & Financial Services IDCW Reinvest Direct Plan
SIP amount
Min. ₹500
Lumpsum amount
Min. ₹500

Groww Banking & Financial Services IDCW Reinvest Direct Plan

NAV
₹10.4234
+1.57%
(14 Jan)
AUM
48 Cr
TER
0.36%
Risk
Very High Risk
Insights
Total Expense Ratio (TER) is in the bottom 25% of comparable funds
Net Asset Value (NAV) is below its 200 days moving average
In beta. Send feedback here.
Compare with other fund
1Y
+17.5%
+17.5%
+14.4%
+13.8%
NA
3Y
+30.9%
+30.9%
+29.9%
+28.0%
NA
5Y
+23.8%
+23.8%
+23.3%
+25.5%
NA
ALL
+11.7%
+11.7%
+11.4%
+16.2%
+4.7%
VOL
20.3%
20.3%
20.3%
20.1%
15.8%
TER
0.7%
0.7%
0.7%
0.8%
0.4%
AUM
₹4,572 Cr
₹4,572 Cr
₹4,572 Cr
₹1,286 Cr
₹48 Cr
INFO
0.58
0.58
0.56
0.81
0.30
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 IDCW Reinvest (DR)
₹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 Nov
Top holdings
ICICI Bank Ltd
18.8%
HDFC Bank Ltd
17.9%
Axis Bank Ltd
6.7%
State Bank of India
6.4%
Bajaj Holdings and Investment Ltd
3.9%
Ccil
3.2%
Power Finance Corp Ltd
3.0%
Computer Age Management Services Ltd Ordinary Shares
2.9%
Angel One Ltd Ordinary Shares
2.8%
Bank of Baroda
2.7%
Top industry exposure
Financial Services
90.7%
Technology
4.8%
Healthcare
0.9%
Other information
Minimum SIP
₹500
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