Groww Banking & Financial Services Fund Direct Growth
3Y Annualised
N/A
2.10% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
3.10%
2.10% 1D
Benchmark
N/A
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
4 years 2 months
6 years 2 months
9 years 7 months
Fund info
Fund size
₹63.94 Cr
Min. SIP amount
₹100
Min. Lumpsum amount
₹500
Exit load
0%
For redemption / switch-out of units on orbefore 30 days from the date of allotment:1.00% of applicable NAVFor redemption / switch-out of units after 30days from the date of allotment: Nil
Risk Profile
Very High Risk
This Fund's Performance Compared With Peers
Over the Period of oneMonth
Fund Managers
About Groww Banking & Financial Services Fund Direct Growth
Groww Banking & Financial Services Fund Direct Growth is a Equity mutual fund scheme from Groww Asset Management Ltd.. This fund has been in existence for 2 years, having been launched on 2024-02-07. Groww Banking & Financial Services Fund Direct Growth has ₹63.94 Cr worth of assets under management (AUM) as of Sun Apr 12 2026. The latest Net Asset Value (NAV) of Groww Banking & Financial Services Fund Direct Growth as of Fri Apr 10 2026 is ₹12.3328. The fund has an expense ratio of 0.41%, which is medium comparable to most other Equity funds.
Groww Banking & Financial Services Fund Direct Growth returns for the last 1 year are 17.95%. Since launch, it has delivered 10.36% average annual returns.
The Groww Banking & Financial Services Fund Direct Growth has the majority of its money invested in Financial Services sectors.
Top 5 Holdings of Groww Banking & Financial Services Fund Direct Growth.
- ICICI Bank Ltd: 5.85%
- Bajaj Finance Ltd: 5.75%
- Axis Bank Ltd: 5.60%
- State Bank of India: 5.19%
- Multi Commodity Exchange of India Ltd: 4.76%
AMC Information
| Name | Groww Asset Management Ltd. |
|---|---|
| Founding Date | 2024-02-07 |
| support@growwmf.in | |
| Phone | 80501 80222 |
| Website | www.growwmf.in |
| Address | Floor 12 A, Tower 2 A, One World Centre,,Jupiter Mills Compound Senapati Bapat Marg,Mumbai,Maharashtra |
Tax Implications of Groww Banking & Financial Services Fund Direct Growth
| Short Term Gains | 20% + applicable Surcharge + 4% Cess |
|---|---|
| Long Term Gains | 12.5% without indexation + applicable Surcharge + 4% Cess |
Similar Funds from Groww Asset Management Ltd.
Fixed IncomeShort Duration
3Y CAGR
7.22%
expense ratio
0.35%
fund size
₹94.47 Cr
EquityLarge-Cap
3Y CAGR
14.97%
expense ratio
1.26%
fund size
₹132.19 Cr
EquityValue
3Y CAGR
17.46%
expense ratio
1.05%
fund size
₹66.14 Cr
EquityValue
3Y CAGR
15.87%
expense ratio
2.45%
fund size
₹66.14 Cr
Fixed IncomeShort Duration
3Y CAGR
6.18%
expense ratio
1.05%
fund size
₹94.47 Cr
Calculate Your Returns
Estimated Returns in 1 Years (Based on past 1Y returns)
₹0
Total Amount
₹0
