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Mutual Funds

Groww Banking & Financial Services Fund

Gr

Groww Banking & Financial Services Fund

Sectoral-BankingRank #1
Not Rated

NAV (2026-07-14)

12.95

AUM

₹75.51 Cr

Exp. Ratio: 3.05%

RISK LEVEL

Very High

Returns & Performance

1 Year8.75%4.35% vs cat avgRank #11
3 Year----
5 Year----
Since Launch11.20%--

Fund vs Category Average

1Y
8.75%+4.35%

Pros & Cons

Pros

Outperforms category avg on 1Y returns
No lock-in period
Decent 1Y category rank (#11)
Overall top-10 rank in category (#1)

Cons

3Y returns below category average
Higher expense ratio (3.05%)
ISININF666M01HP7
NAV₹12.95
NAV Date2026-07-14
AUM₹75.51 Cr
Expense Ratio3.05%
RiskVery High
RatingNot Rated / 5
Min SIP Amount₹500
Max SIP Amount₹999999999
Min Additional Inv.₹500
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2008-04-10

INVESTMENT OBJECTIVE

The scheme seeks 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.

Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.

Saptarshee Chatterjee

CFA Level 3, PGDM (Finance), BE (E.T.C.E) from Jadavpur University.

Prior to joining Groww MF he was associated with Centrum Wealth Management Limited & Edelweiss Financial Services Limited.

Top Holdings

Holdings data not available for this scheme