Groww Banking & Financial Services Fund Regular Growth
Equity
Sectoral
Very High Risk
₹10.9788
current NAV
1Y
3Y
5Y
ALL
NAV: 01 Jul 2024
₹10.98
Fund size
32.33Cr
Holdings (25)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Limited | BANKS | Equity Shares | 23.1% |
ICICI Bank Limited | BANKS | Equity Shares | 19.9% |
State Bank of India | BANKS | Equity Shares | 8.8% |
TREPS 02-MAY-2024 | others | Tri Party Repo (TREPs) | 5.4% |
Bajaj Finance Limited | FINANCE | Equity Shares | 4.6% |
SBI Life Insurance Company Limited | FINANCE | Equity Shares | 4.1% |
Axis Bank Limited | BANKS | Equity Shares | 3.6% |
MAS Financial Services Limited | FINANCE | Equity Shares | 2.7% |
Indusind Bank Limited | BANKS | Equity Shares | 2.7% |
HDFC Asset Management Company Ltd | FINANCE | Equity Shares | 2.5% |
See All
Holding analysis
Equity / Debt / Cash Split
Equity
94.6%
Debt
5.4%
Cash
-0.0%
Equity sector allocation
Banks
63.6%
Finance
35.3%
Others
1.0%
Debt sector allocation
Tri Party Repo (Treps)
100.0%
Advanced ratios
Top 5
111%
Top 20
379%
Understand terms
Scheme Performance
Annualised returnsas on 30 Apr 2024
| 5Y | 3Y | 1Y | Since Inception | |
|---|---|---|---|---|
| Groww Banking & Financial Services Fund Regular Growth | NA | NA | NA | 4.47% |
| Scheme Benchmark - NIFTY Financial Services TRI | NA | NA | NA | 7.30% |
Current value of standard investment of ₹10,000as on 30 Apr 2024
| 5Y | 3Y | 1Y | Since Inception | |
|---|---|---|---|---|
| Groww Banking & Financial Services Fund Regular Growth | NA | NA | NA | ₹10,446.50 |
| Scheme Benchmark - NIFTY Financial Services TRI | NA | NA | NA | ₹10,730.06 |
Expense ratio, exit load and tax
Expense ratio: 2.25%
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 Regular Growth
Scheme Riskometer
Min. SIP amount
₹100
Min. Lumpsum amount
₹500
