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
7.73%
-0.45% 1D
Benchmark
N/A
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
4 years 9 months
6 years 6 months
9 years 7 months
Fund info
Fund size
₹57.75 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
1st
ICICI Prudential Nifty Bank ETF
2nd
Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl
3rd
Groww Banking & Financial Services Fund Direct Reinvestment Inc Dist cum Cap Wdrl
4th
Groww Banking & Financial Services Fund Direct Growth
5th
Groww Banking & Financial Services Fund Regular Reinvestment Inc Dist cum Cap Wdrl
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 ₹57.75 Cr worth of assets under management (AUM) as of Tue Apr 14 2026. The latest Net Asset Value (NAV) of Groww Banking & Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl as of Mon Apr 13 2026 is ₹12.2761. The fund has an expense ratio of 0.41%, 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 15.73%. Since launch, it has delivered 10.09% 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: 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 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 |
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Calculate Your Returns
Estimated Returns in 1 Years (Based on past 1Y returns)
₹0
Total Amount
₹0
