Groww Banking & Financial Services Fund Direct IDCW Monthly
Equity
Sectoral
Very High Risk
₹11.8818
NAV as on 10 Sep 2025
1Y
3Y
5Y
ALL
NAV: 10 Sep 2025
₹11.8818
Fund size as on 31 Aug 2025
56.14Cr
Holdings (64)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Limited | BANKS | Equity Shares | 19.3% |
ICICI Bank Limited | BANKS | Equity Shares | 19.3% |
HDFC Bank Limited | BANKS | Equity Shares | 16.6% |
HDFC Bank Limited | BANKS | Equity Shares | 16.6% |
Bajaj Holdings & Investment Limited | FINANCE | Equity Shares | 4.5% |
Bajaj Holdings & Investment Limited | FINANCE | Equity Shares | 4.5% |
SBI Life Insurance Company Limited | FINANCE | Equity Shares | 3.6% |
SBI Life Insurance Company Limited | FINANCE | Equity Shares | 3.6% |
Axis Bank Limited | BANKS | Equity Shares | 3.5% |
Axis Bank Limited | BANKS | Equity Shares | 3.5% |
See All
Holding analysis
Equity / Debt / Cash Split
Equity
195.8%
Debt
0.0%
Cash
-95.8%
Equity sector allocation
Finance
49.7%
Banks
48.2%
Others
1.1%
Software
1.0%
Advanced ratios
Top 5
118%
Top 20
425%
Understand terms
Scheme Performance
Annualised returnsas on 31 Aug 2025
| 5Y | 3Y | 1Y | Since Inception | |
|---|---|---|---|---|
| Groww Banking & Financial Services Fund Direct IDCW Monthly | NA | NA | 5.20% | 10.06% |
| Scheme Benchmark - NIFTY Financial Services TRI | NA | NA | 9.26% | 17.12% |
Current value of standard investment of ₹10,000as on 31 Aug 2025
| 5Y | 3Y | 1Y | Since Inception | |
|---|---|---|---|---|
| Groww Banking & Financial Services Fund Direct IDCW Monthly | NA | NA | ₹10,520.49 | ₹11,614.90 |
| Scheme Benchmark - NIFTY Financial Services TRI | NA | NA | ₹10,926.19 | ₹12,798.24 |
Expense ratio, exit load and tax
Expense ratio: 0.31%
Inclusive of GST
Exit load
nil
Stamp duty on investment: 0.005%
from July 1st 2020
Understand terms
Fund management
Anupam TiwariFeb 2024 - PresentView details
Anupam Tiwari
Feb 2024 - Present
View details
About
Mr Anupam Tiwari brings 18 years of extensive experience in the Mutual Fund Industry, having served as an Equity Analyst at Reliance Mutual Fund for 5 years. He then held roles as an Equity Fund Manager at Reliance Life Insurance Company (10 months), Principal at PNB Asset Management Company (5.5 years), and Axis Asset Management Company (6.5 years) in his most recent assignment prior to joining Groww Mutual Fund.
Also manages these schemes
Investment objective
The primary investment objective of the scheme is to generate consistent long-term returns by investing in equity and equity-related instruments of ba
Fund benchmark
NIFTY Financial Services TRI
Riskometer
This product is suitable for investors who are seeking*
• Looking for long-term capital appreciation, with an investment horizon of 5 - 10 years • Seeking investments predominantly in equity and equity-related instruments of the companies engaged in the financial services sector • Looking to benefit from growth opportunities and the potential of companies engaged in banking and financial services and other related sectors • Seeking investing opportunities across multiple BFSI sub-sectors • Having a slightly higher risk appetite • Those who already have a well-diversified portfolio, and are looking for some amount of concentration for the potential of outsized returns
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Groww Banking & Financial Services Fund Direct IDCW Monthly
Scheme Riskometer
Min. SIP amount
₹100
Min. Lumpsum amount
₹500
