Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl
3Y Annualised
N/A
0.94% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
5.11%
0.94% 1D
Benchmark
N/A
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
7 years 3 months
7 years 8 months
9 years 7 months
Fund info
Fund size
₹70.14 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 Payout Inc Dist cum Cap Wdrl
Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl has ₹70.14 Cr worth of assets under management (AUM) as of Thu Jun 25 2026. The latest Net Asset Value (NAV) of Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl as of Wed Jun 24 2026 is ₹13.2106. The fund has an expense ratio of 0.54%, which is medium comparable to most other Equity funds.
Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl returns for the last 1 year are 10.08%. Since launch, it has delivered 12.64% average annual returns.
The Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl has the majority of its money invested in Financial Services sectors.
Top 5 Holdings of Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl.
- ICICI Bank Ltd: 7.78%
- HDFC Bank Ltd: 7.69%
- Axis Bank Ltd: 7.11%
- BSE Ltd: 5.91%
- Multi Commodity Exchange of India Ltd: 4.85%
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 Payout Inc Dist cum Cap Wdrl
| 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
7.48%
expense ratio
0.33%
fund size
₹93.62 Cr
EquityLarge-Cap
3Y CAGR
13.22%
expense ratio
1.12%
fund size
₹128.83 Cr
EquityValue
3Y CAGR
16.60%
expense ratio
1.00%
fund size
₹67.75 Cr
EquityValue
3Y CAGR
15.04%
expense ratio
2.42%
fund size
₹67.75 Cr
Fixed IncomeShort Duration
3Y CAGR
6.40%
expense ratio
1.06%
fund size
₹93.62 Cr
Calculate Your Returns
Estimated Returns in 1 Years (Based on past 1Y returns)
₹0
Total Amount
₹0
