Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl
3Y Annualised
N/A
0.45% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
4.54%
0.45% 1D
Benchmark
N/A
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
5 years 9 months
4 years 4 months
9 years 7 months
Fund info
Fund size
₹51.80 Cr
Min. SIP amount
₹100
Min. Lumpsum amount
₹500
Exit load
0%
For redemption / switch-out of units on or before 30 days from the date of allotment: 1.00% of applicable NAV For redemption / switch-out of units after 30 days from the date of allotment: Nil
Risk Profile
Very High Risk
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ICICI Prudential Nifty Bank ETF
2nd
ICICI Prudential Nifty Financial Services Ex-Bank ETF
3rd
Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl
4th
Groww Banking & Financial Services Fund Direct Reinvestment Inc Dist cum Cap Wdrl
5th
Groww Banking & Financial Services Fund Direct Growth
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 1 years, having been launched on 2024-02-07. Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl has ₹51.80 Cr worth of assets under management (AUM) as of Wed May 21 2025. The latest Net Asset Value (NAV) of Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl as of Tue May 20 2025 is ₹11.4848. The fund has an expense ratio of 0.36%, 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 12.81%. Since launch, it has delivered 13.08% 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, Technology sectors.
Top 5 Holdings of Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl.
- ICICI Bank Ltd: 21.05%
- HDFC Bank Ltd: 17.65%
- State Bank of India: 5.52%
- Bajaj Holdings and Investment Ltd: 4.09%
- SBI Life Insurance Co Ltd: 3.82%
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
7.68%
expense ratio
0.40%
fund size
₹66.92 Cr
EquityLarge-Cap
3Y CAGR
19.05%
expense ratio
1.03%
fund size
₹123.82 Cr
EquityValue
3Y CAGR
21.74%
expense ratio
0.90%
fund size
₹51.42 Cr
EquityValue
3Y CAGR
19.96%
expense ratio
2.30%
fund size
₹51.42 Cr
Fixed IncomeShort Duration
3Y CAGR
6.48%
expense ratio
1.10%
fund size
₹66.92 Cr
FAQs
What is the current NAV of Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl?
What are the average returns of Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl?
How do I invest in Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl?
What is the expense ratio of Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl?
What are net assets under management (AUM) of Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl?
What is the PE and PB ratio of Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl?
What are the top 5 holdings of Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl?
What are the top 3 sectors that Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl has invested in?
Who is the manager of Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl?
What is the exit load of Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl?
How to Redeem Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl?
Can I invest in SIP and a Lump Sum of Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl?
