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Groww Banking & Financial Services Fund-Reg (IDCW)

Sectoral / Thematic
  • NAV

    11.61(-0.18%)
  • Fund Size (CR)

    ₹57.48
  • Expense Ratio

    2.3
  • Scheme Type

    Active Fund
  • Value Research

  • Min. investment

    ₹500
  • Minimum Additional Investment

    ₹500
  • Minimum SIP Investment

    ₹100
  • Minimum Withdrawal

    ₹500
  • Exit Load 1.00% - If redemption/switch-out of units on or before 30 days from the date of allotment. Nil - If redemption/switch-out of units after 30 Days from the date of allotment.

    1%
  • Return Since Launch

    10.30%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: 1.63%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Anupam Tiwari

Bench Mark

Nifty Financial Services TRI

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 14 August 202510044.470.44%-1.67%814/908
1 Month22 July 20259698.51-3.01%--0.55%789/898
3 Month22 May 202510352.523.53%-3.91%419/868
6 Month21 February 202511726.5817.27%-12.82%115/840
1 Year22 August 202410780.137.80%7.80%-0.15%132/725
3 Year--0%-20.04%-/-
5 Year--0%-22.49%-/-
Since Inception6 February 202411632.3016.32%10.30%13.54%673/910

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year2 September 20241,20,000127779.016.48% 6.48%
3 Year-----
5 Year-----
10 Year-----

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

  • Invested Amount

    25,000

  • Estimated Returns

    19,059

76%

Returns

Future value of your investment

44,059

Risk Ratios

4.13%

Standard Deviation

1.06%

Beta

0.50%

Sharpe Ratio

0.02%

Treynor's Ratio

-9.17%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
HDFC Bank16.68%475029.59EquityBanks
ICICI Bank16.59%643729.54EquityBanks
Bajaj Holdings4.30%17692.47EquityFinance
SBI Life Insuran3.59%112182.06EquityInsurance
Power Fin.Corpn.3.17%444571.82EquityFinance
Motil.Oswal.Fin.3.14%198201.81EquityStock/ Commodity Brokers
Kotak Mah. Bank3.13%90901.80EquityBanks
Axis Bank3.08%165681.77EquityBanks
One 972.85%150171.64EquityE-Commerce/App based Aggregator
Chola Financial2.83%86311.63EquityFinance

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Nippon India Taiwan Equity Fund - Direct (G)
351.439.17%23.59%20.10%29.89%25.43%
Nippon India Taiwan Equity Fund - Direct (IDCW)
351.439.17%23.59%20.10%29.89%25.43%
Aditya Birla SL International Equity Fund - Direct (G)
229.264.90%11.42%16.22%26.26%14.36%
Aditya Birla SL International Equity Fund - Direct (IDCW)
229.264.90%11.42%16.22%26.26%14.36%
DSP Banking & Financial Services Fund - Dir (G)
1346.44-2.42%1.62%14.69%18.79%-

List of Schemes under Groww Mutual Fund

Fund NameCategoryRisk1Y ReturnsRatingsFund Size (Cr)
Groww Large Cap FundEquityVery High-1.63%2₹130.32
Groww Liquid FundDebtModerately Low7.18%5₹328.12
Groww Short Duration FundDebtModerate9.32%2₹142.50
Groww Value FundEquityVery High1.44%2₹58.71
Groww ELSS Tax Saver FundEquityVery High-0.75%2₹52.69
Groww Dynamic Bond FundDebtModerate7.48%2₹78.24
Groww Aggressive Hybrid FundHybridHigh-0.22%2₹48.17
Groww Overnight FundDebtLow6.23%2₹21.13
Groww Multi Cap FundEquityNA0%0₹0.00
Groww Nifty Total Market Index FundOtherVery High-2.92%0₹319.55
Groww Banking & Financial Services FundEquityVery High8.19%0₹57.13
Groww Nifty Smallcap 250 Index FundOtherVery High-5.41%0₹118.85
Groww Nifty Non-Cyclical Consumer Index FundOtherVery High-1.24%0₹50.80
Groww Nifty EV & New Age Automotive ETF FOFOtherVery High0%0₹143.63
Groww Nifty India Defence ETF FOFOtherVery High0%0₹74.07
Groww Gold ETF FOFOtherHigh0%0₹31.65
Groww Multicap FundEquityVery High0%0₹120.48
Groww Nifty India Railways PSU Index FundOtherVery High0%0₹42.96
Groww Nifty 200 ETF FOFOtherVery High0%0₹4.53
Groww Nifty 500 Momentum 50 ETF FOFOtherVery High0%0₹6.62
Groww Gilt FundDebtModerate0%0₹34.09
Groww Silver ETF FOFOtherVery High0%0₹0.00
Groww Nifty India Internet ETF FOFOtherVery High0%0₹0.00
Groww Nifty 50 Index FundOtherVery High0%0₹0.00
Groww BSE Power ETF FOFOtherVery High0%0₹0.00
Groww Nifty Next 50 Index FundOtherVery High0%0₹0.00

News

  • Groww Mutual Fund announces change in fund manager under its scheme

    Groww Mutual Fund has announced change in fund manager under the following scheme, With effect from 14 July 2025

    Change in Fund Manager:

    Name of the Scheme(s) Existing Fund Manager(s) New Fund Manager(s)
    Groww ELSS Tax Saver Fund Mr. Anupam Tiwari Mr. Paras Matalia

    Powered by Capital Market - Live News

  • Groww MF announces change in benchmark index under its scheme

    Groww Mutual Fund has announced change in the benchmark of Groww ELSS Tax Saver Fund with effect from June 01, 2025

    Change in name of Benchmark of Groww ELSS Tax Saver Fund

    Scheme Name Existing Benchmark New Benchmark
    Groww ELSS Tax Saver Fund As per AMFI Tier I -Benchmark

    BSE 500- TRI

    As per AMFI Tier I -Benchmark

    Nifty 500 - TRI

    Powered by Capital Market - Live News

  • Groww Mutual Fund announces change in Key Personnel

    Groww Mutual Fund has announced that Mr. Paras Devendra Matalia has been appointed as a Fund Manager- Equity on the Board of the Trustee Company with effect from May 26, 2025.

    Details of Mr. Paras Devendra Matalia

    Age: 30

    Designation: Fund Manager- Equity

    Qualification : CA, CFA (US) and B. Com

    Experience : 7

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

17 January 2024

Total AUM (Cr)

₹57.48

Groww Banking & Financial Services Fund-Reg (IDCW) is an Sectoral / Thematic-oriented fund from the renowned AMC, Groww Mutual Fund. Launched in 17 January 2024, this fund is managed by Anupam Tiwari. With assets under management (AUM) worth ₹57.48 (Cr), as of 25 August 2025, Groww Banking & Financial Services Fund-Reg (IDCW) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 10.30% since its launch.
The current NAV of Groww Banking & Financial Services Fund-Reg (IDCW) is ₹11.61, as on 25 August 2025. The fund's benchmark index is Nifty Financial Services TRI. You can invest in Groww Banking & Financial Services Fund-Reg (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
1.00% - If redemption/switch-out of units on or before 30 days from the date of allotment. Nil - If redemption/switch-out of units after 30 Days from the date of allotment. The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 93.92% in Equity, 1.57% in Debt and 4.52% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 43.22% in Banks, 23.96% in Finance, 12.14% in Capital Markets, 8.84% in Insurance, 4.61% in Financial Technology (Fin