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Groww Banking & Financial Services Fund-Reg (IDCW)

Sectoral / Thematic
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  • NAV

    11.53(-1.47%)

  • Fund Size (CR)

    ₹57.13

  • 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

    10.08%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: 5.02%
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 25 July 20259736.59-2.63%--1.39%842/900
1 Month1 July 20259680.03-3.20%--2.39%570/880
3 Month30 April 202510513.245.13%-5.47%414/864
6 Month31 January 202511382.2413.82%-5.50%26/828
1 Year1 August 202410610.846.11%6.11%-1.37%155/713
3 Year--0%-19.80%-/-
5 Year--0%-23.57%-/-
Since Inception6 February 202411532.6015.33%10.08%12.83%655/904

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 August 20241,30,000137518.315.78% 5.78%
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)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.19%

Standard Deviation

1.08%

Beta

0.60%

Sharpe Ratio

0.02%

Treynor's Ratio

-9.96%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
ICICI Bank19.34%7641111.05EquityBanks
HDFC Bank16.64%475029.51EquityBanks
Bajaj Holdings4.45%17692.54EquityFinance
SBI Life Insuran3.61%112182.06EquityInsurance
Axis Bank3.48%165681.99EquityBanks
Kotak Mah. Bank3.44%90901.97EquityBanks
Chola Financial3.27%86311.87EquityFinance
Motil.Oswal.Fin.3.02%198201.72EquityStock/ Commodity Brokers
Max Financial2.87%99661.64EquityFinance
PNB Housing2.60%133961.49EquityFinance

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Nippon India Taiwan Equity Fund - Direct (G)
349.433.35%41.97%14.72%30.38%26.89%
Nippon India Taiwan Equity Fund - Direct (IDCW)
349.433.35%41.97%14.72%30.38%26.89%
Aditya Birla SL International Equity Fund - Direct (IDCW)
214.514.08%15.09%15.34%26.43%14.13%
Aditya Birla SL International Equity Fund - Direct (G)
214.514.08%15.09%15.34%26.43%14.13%
WhiteOak Capital Pharma and Healthcare Fund-Dir (G)
364.102.57%8.22%8.67%22.09%-

List of Schemes under Groww Mutual Fund

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

₹57.13

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 ₹57.13 (Cr), as of 1 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 10.08% since its launch.
The current NAV of Groww Banking & Financial Services Fund-Reg (IDCW) is ₹11.53, as on 1 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 96.83% in Equity, 3.17% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 49.67% in Banks, 14.86% in Finance, 13.59% in Capital Markets, 8.18% in Others, 5.58% in Insurance

FAQs

How to Invest in Groww Banking & Financial Services Fund-Reg (IDCW) Direct Growth?

Groww Banking & Financial Services Fund-Reg (IDCW) is a popular fund in the Sectoral / Thematic segment. The fund has generated a return of 10.08% since inception. Looking to invest in Groww Banking & Financial Services Fund-Reg (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Groww Banking & Financial Services Fund-Reg (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Groww Banking & Financial Services Fund-Reg (IDCW)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Groww Banking & Financial Services Fund-Reg (IDCW) today and reap the benefits of this Sectoral / Thematic fund!

How much returns has Groww Banking & Financial Services Fund-Reg (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Groww Banking & Financial Services Fund-Reg (IDCW) has generated annualised return of 6.11%. In the long-term, the fund has generated undefined% and - in 3 and 5 years respectively. Since its inception, the fund has generated 10.08% returns.

What is the expense ratio of Groww Banking & Financial Services Fund-Reg (IDCW) Direct Growth?

The expense ratio of Groww Banking & Financial Services Fund-Reg (IDCW) Direct Growth is 2.30%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Groww Banking & Financial Services Fund-Reg (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of Groww Banking & Financial Services Fund-Reg (IDCW) is ₹57.13 (Cr) as of 2025-08-01 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Groww Banking & Financial Services Fund-Reg (IDCW) Direct Growth?

Redeeming or selling units of Groww Banking & Financial Services Fund-Reg (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from Groww Banking & Financial Services Fund-Reg (IDCW):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Groww Banking & Financial Services Fund-Reg (IDCW)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.