Groww Banking & Financial Services Fund Direct Reinvestment Inc Dist cum Cap Wdrl
3Y Annualised
N/A
-1.55% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
-7.08%
-1.55% 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 1 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
1st
ICICI Prudential Nifty Bank ETF
2nd
Kotak Nifty Bank ETF
3rd
HDFC Nifty Bank ETF - Growth
4th
ICICI Prudential Nifty Private Banks ETF
5th
IDBI Banking Financial Services Fund Direct Reinvestment of Income Distribution cum Cap wdrl
73rd
Groww Banking & Financial Services Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Fund Managers
About Groww Banking & Financial Services Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Groww Banking & Financial Services Fund Direct Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl has ₹63.94 Cr worth of assets under management (AUM) as of Thu Mar 12 2026. The latest Net Asset Value (NAV) of Groww Banking & Financial Services Fund Direct Reinvestment Inc Dist cum Cap Wdrl as of Wed Mar 11 2026 is ₹11.7753. The fund has an expense ratio of 0.36%, which is medium comparable to most other Equity funds.
Groww Banking & Financial Services Fund Direct Reinvestment Inc Dist cum Cap Wdrl returns for the last 1 year are 18.21%. Since launch, it has delivered 8.36% average annual returns.
The Groww Banking & Financial Services Fund Direct Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl.
- ICICI Bank Ltd: 9.56%
- State Bank of India: 8.28%
- Bajaj Finance Ltd: 6.45%
- Axis Bank Ltd: 6.03%
- SBFC Finance Ltd: 3.84%
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 Reinvestment 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
