Groww Banking & Financial Services Fund Regular Growth
3Y Annualised
N/A
0.09% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
-2.22%
0.09% 1D
Benchmark
N/A
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
-37 years -6 months
6 years 4 months
9 years 7 months
Fund info
Fund size
₹46.43 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
HDFC Nifty Bank ETF - Growth
3rd
ICICI Prudential Nifty Private Banks ETF
4th
IDBI Banking Financial Services Fund Direct Reinvestment of Income Distribution cum Cap wdrl
5th
IDBI Banking Financial Services Fund Direct Payout of Income Distribution cum Cap wdrl
107th
Groww Banking & Financial Services Fund Regular Growth
Fund Managers
About Groww Banking & Financial Services Fund Regular Growth
Groww Banking & Financial Services Fund Regular Growth 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 Regular Growth has ₹46.43 Cr worth of assets under management (AUM) as of Thu Mar 13 2025. The latest Net Asset Value (NAV) of Groww Banking & Financial Services Fund Regular Growth as of Wed Mar 12 2025 is ₹9.7621. The fund has an expense ratio of 2.3%, which is medium comparable to most other Equity funds.
Groww Banking & Financial Services Fund Regular Growth returns for the last 1 year are -1.88%. Since launch, it has delivered -1.79% average annual returns.
The Groww Banking & Financial Services Fund Regular Growth has the majority of its money invested in Financial Services, null, Technology sectors.
Top 5 Holdings of Groww Banking & Financial Services Fund Regular Growth.
- ICICI Bank Ltd: 18.69%
- HDFC Bank Ltd: 18.49%
- Nse Bank Nifty 24/04/2025: 7.26%
- State Bank of India: 5.61%
- Bajaj Holdings and Investment Ltd: 4.60%
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 Regular Growth
| Short Term Gains | 20% + applicable Surcharge + 4% Cess |
|---|---|
| Long Term Gains | 12.5% without indexation + applicable Surcharge + 4% Cess |
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FAQs
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