Groww Banking & Financial Services Fund-Reg (IDCW)
Last Updated NAV Date: 30 Jul 2026
3 Year Returns
N/A
NAV (₹)
12.7457
1 Day NAV Change
-0.86%
Fund Details
| Min. SIP Amount | ₹ 100 |
| Min. Lumpsum Amount | ₹ 500 |
| AUM | ₹ 75.51 Cr |
| Expense Ratio | 3.01% |
| Lock-in Period | No Lock-in Period |
| Inception Date | 06 Feb 2024 |
| Fund Age | 2 Yrs |
Exit Load
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.
Fund’s Investment 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). 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.
Calculate Your Mutual Fund Returns
Returns Estimator
Estimation is based on the past performance
Expected Rate of Return
The value of your investment after 5 Years will be
₹4,12,432
Invested Amount
₹3,00,000
Est. Returns
₹1,12,432
Scheme’s Historical Return
Asset Allocation
AUM
₹1,33,309.00 Cr
Cash Holdings
21.45%
Equity
70.84%
Cash
21.45%
Debt
1.71%
Other
6%
Sector Holdings
Last Updated: 30 Jun 2026| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Finance | 36.14% | ₹ 27.292 | |
| Banks | 32.98% | ₹ 24.906 | |
| Financial Services | 9.68% | ₹ 7.31 | |
| Stock/ Commodity Brokers | 7.85% | ₹ 5.928 | |
| E-Commerce/App based Aggregator | 5.45% | ₹ 4.115 | |
| Retail | 4.39% | ₹ 3.316 | |
| Insurance | 1.92% | ₹ 1.449 | |
| Packaging | 1.58% | ₹ 1.192 |
Stock Holdings
Last Updated: 30 Jun 2026| Name | Allocation | Weightage | Value (in Cr.) | Sector |
|---|---|---|---|---|
| ICICI Bank | 7.91% | ₹ 5.975 | Banks | |
| Axis Bank | 6.91% | ₹ 5.214 | Banks | |
| BSE | 5.12% | ₹ 3.864 | Financial Services | |
| Multi Comm. Exc. | 4.33% | ₹ 3.268 | Financial Services | |
| Cartrade Tech | 4.28% | ₹ 3.235 | Retail | |
| Bajaj Finance | 4.02% | ₹ 3.036 | Finance | |
| ICICI AMC | 3.77% | ₹ 2.85 | Finance | |
| Ujjivan Small | 3.73% | ₹ 2.815 | Banks | |
| RBL Bank | 3.66% | ₹ 2.765 | Banks | |
| Piramal Finance. | 3.53% | ₹ 2.666 | Finance |
Fund Manager Details
Risk-O-Meter
Investors understand that their principal will be at Very High Risk
Risk Scale
AMC Information
Groww Mutual Fund
Funds Managed
62
Assets Managed
₹ 5,778.12 Cr
Contact Details
Registered Address
505 - 5th Floor, Tower 2B, One WorldCenter, Lower Parel,Mumbai - 400013, Maharashtra
Managing Director
Ashok Kacker
Chief Executive Officer
Mr. Varun Gupta
Compliance Officer
Hemal Atul Zaveri
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Disclaimer
The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...
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