Groww Banking & Financial Services Fund

When comparing, both lines start at 100. The fund's declared benchmark, a total-return index (dividends reinvested).

What if you had invested?

Computed from this fund's actual NAVs. A SIP buys at the first NAV of each month and is valued at the latest NAV. Past returns do not guarantee future ones.

Fund details

Cost and size

Expense ratio by month: Oct 25 0.36% · Nov 25 0.36% · Dec 25 0.36% · Jan 26 0.36% · Feb 26 0.41% · Mar 26 0.41% · Apr 26 0.95% · May 26 0.95% · Jun 26 1.15% · Jul 26 1.19% · Aug 26 1.09% · Sep 26 1.26%

From the scheme information document

Benchmark

Nifty Financial Services - Total Return Index

SEBI riskometer

Very High

Launch (allotment) date

7 Feb 2024

Registrar

KFin Technologies Limited

Minimum investment

500

Minimum additional

Rs.500

SIP

SIP - 100, 100,500,500 STP - 500, 500, 500, 500 SWP - 500, 1500

Fund manager(s)

Mr. Anupam Tiwari (Head- Equity) , Mr. Saptarshee Chatterjee (Assistant Fund Manager - Equity), Mr. Nikhil Satam (Fund Manager & Dealer - Equity)

earliest start on record 24 Feb 2025

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

Objective

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…

Scheme information document

Fund house: website · factsheets · monthly portfolio · annual report

Not available: Morningstar rating (proprietary). "NAV history from" is the first NAV we hold.

Other plans of this fund

• Direct · Growth₹13.0271
• Regular · —₹12.3800
• Regular · Growth₹12.3800