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Groww Banking & Financial Services Fund Direct IDCW Monthly

Equity
Sectoral
Very High Risk
₹13.7681
NAV as on 10 Sep 2026

Holdings (35)

NameSectorInstrumentAssets
ICICI Bank Limited
BANKSEquity Shares10.8%
Axis Bank Limited
BANKSEquity Shares5.7%
Ujjivan Small Finance Bank Limited
BANKSEquity Shares4.1%
TREPS 03-AUG-2026
othersTri Party Repo (TREPs)4.1%
CarTrade Tech Limited
RETAILINGEquity Shares3.9%
Bajaj Finance Limited
FINANCEEquity Shares3.8%
Multi Commodity Exchange of India Ltd.
FINANCEEquity Shares3.7%
RBL Bank Limited
BANKSEquity Shares3.7%
One 97 Communications Limited
FINANCEEquity Shares3.6%
ICICI Prudential AMC Ltd
FINANCEEquity Shares3.2%

Holding analysis

Equity / Debt / Cash Split

  • Equity
    95.2%
  • Debt
    4.1%
  • Cash
    0.7%

Equity sector allocation

  • Finance
    53.4%
  • Banks
    35.8%
  • Others
    4.7%
  • Retailing
    4.6%
  • Industrial Products
    1.4%

Debt sector allocation

  • Tri Party Repo (Treps)
    100.0%

Advanced ratios

Top 5
118%
Top 20
425%
Understand terms

Scheme Performance

Annualised returns

as on 31 Aug 2026
5Y3Y1YSince Inception
Groww Banking & Financial Services Fund Direct IDCW Monthly0.00%0.00%19.63%13.71%
Scheme Benchmark - Nifty 50 TRINANA-0.35%5.04%
Additional Benchmark - Nifty Financial Services TRINANA3.75%11.69%

Current value of standard investment of ₹10,000

as on 31 Aug 2026
5Y3Y1YSince Inception
Groww Banking & Financial Services Fund Direct IDCW Monthly₹10,000.00₹10,000.00₹11,962.95₹13,908.50
Scheme Benchmark - Nifty 50 TRINANA₹9,964.78₹11,344.93
Additional Benchmark - Nifty Financial Services TRINANA₹10,375.15₹13,281.04

Please Note: Returns greater than 1 year period are compounded annualized returns (CAGR). Load is not taken into consideration. Different plans shall have different expense structure. In case the start/end date is non business day, the NAV of previous working day is used for computation. Past performance may or may not be sustained in future and its not a guarantee of any future returns. The scheme is managed by Saptarshee Chatterjee, Anupam Tiwari and Nikhil Satam (FMs). Please refer "Fund Management" section below for details of other schemes currently managed by the Fund Manager(s).

Expense ratio, exit load and tax

Expense ratio: 0.31%

Inclusive of GST

Exit load

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

Stamp duty on investment: 0.005%

from July 1st 2020

Understand terms

Fund management

The primary investment objective of the scheme is to generate consistent long-term returns by investing in equity and equity-related instruments of ba
The primary investment objective of the scheme is to generate consistent long-term returns by investing in equity and equity-related instruments of banking and financial services companies and other related sectors/companies. The fund aims to capitalize on the growth opportunities and growth potential of various sub-sectors within the BFSI sector, including (but not limited to) banks, NBFCs, insurance companies, asset management companies, capital market participants, fintech players etc. (This includes companies benefiting from or contributing to the growth of the banking and financial services sector). However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Fund benchmark
Nifty 50 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

Scheme Riskometer

Groww Banking & Financial Services Fund Direct IDCW Monthly

Scheme Riskometer: Very High
The Scheme Risk-o-meter is at Very High
  1. Scheme risk level Low
  2. Scheme risk level Low to Moderate
  3. Scheme risk level Moderate
  4. Scheme risk level Moderately High
  5. Scheme risk level High
  6. Scheme risk level Very High (current)

Benchmark Riskometer

Nifty 50 TRI

Benchmark Riskometer: Very High
The Benchmark Risk-o-meter is at Very High
  1. Benchmark risk level Low
  2. Benchmark risk level Low to Moderate
  3. Benchmark risk level Moderate
  4. Benchmark risk level Moderately High
  5. Benchmark risk level High
  6. Benchmark risk level Very High (current)