Mutual Funds

Groww Banking & Financial Services Fund-Reg(G)
Equity | Very High | Equity - Sectoral Fund - Banks & Financial Services

10.47 -0.01
NAV(₹) as on 3/5/2024

-0.10%
1D

-
1Y

-
3Y

-
5Y

Groww Banking & Financial Services Fund-Reg(G)
Growth Chart of the Scheme

Scheme Details
Expense Ratio: 2.25	Launch Date: 06 Feb 2024
Exit Load: 1% on or before 30D, Nil after 30D	AUM: ₹ 33.18 Crs
Lock-in: Nil	Investing Style: Large Growth
Portfolio Price To Book Value: 3.85	Min. Investment: SIP : ₹ 100.0 Lumpsum : ₹ 500.0
Scheme Benchmark: NA
Fund Manager: Anupam Tiwari

FUND OBJECTIVE

The primary investment objective of the scheme is to generate consistent long-term returns byinvesting in equity and equity-related instruments of banking and financial services companies andother related sectors/companies. The fund aims to capitalize on the growth opportunities and growthpotential 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).

LATEST ASSET & PORTFOLIO ALLOCATION		Others		Equity
as on 31/3/2024		12.35 %		87.65 %

TOP HOLDINGS

State Bank Of India - Equity

8.65 %

Bajaj Finance Ltd. - Equity

5.25 %

SBI Life Insurance C - Equity

4.69 %

Axis Bank Ltd. - Equity

3.52 %

ICICI Bank Ltd. - Equity

20.49 %

IndusInd Bank Ltd. - Equity

2.99 %

MAS Financial Servic - Equity

2.78 %

See All Holding

ALLOCATION BY MARKET CAP

ALLOCATION BY SECTOR

Bank - Private

48.93 %

Finance - NBFC

10.91 %

Bank - Public

8.65 %

Finance Term Lending

6.01 %

Insurance

4.69 %

Finance - Others

4.02 %

Finance - Asset Management

2.66 %

See All Sectors

5 YEAR HISTORY

Financial Year	2023-24
NAV (31/3/2024)	10.03
Net Assets (Rs Crores)	3,317.87
Scheme Returns(%)(Absolute)	0.31
B'mark Returns(%)(Absolute)	NA
Category Rank	84/90

RISKOMETER
Level of Risk in the Scheme

Clients will understand that their principal will be at Very High risk.

PERFORMANCE COMPARISON WITH SIMILAR SCHEMES

Fund Details	Inception Date	Aum(₹ Crs)	1Y	3Y	5Y	Since Inception
ITI Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 13.16 +-0.06	6/12/2021	₹ 25,829.93	21.09%	-	-	12.07%
Kotak Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 13.22 +-0.02	27/2/2023	₹ 82,035.25	23.66%	-	-	26.70%
Bandhan Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 12.50 +-0.08	28/7/2023	₹ 74,874.22	-	-	-	24.95%
Quant BFSI Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 16.33 +-0.06	20/6/2023	₹ 44,978.45	-	-	-	63.33%
WOC Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 10.28 +-0.01	6/2/2024	₹ 13,884.87	-	-	-	2.78%
DSP Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 10.65 +0.00	8/12/2023	₹ 55,606.99	-	-	-	6.49%
Groww Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 10.47 +-0.01	6/2/2024	₹ 3,317.87	-	-	-	4.69%
HDFC Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 14.70 +-0.04	1/7/2021	₹ 3,17,836.02	27.25%	-	-	14.52%
Baroda BNP Paribas Banking and Fin Serv Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 40.62 +-0.10	25/6/2012	₹ 12,529.31	28.96%	15.53%	11.86%	12.53%
ICICI Pru Banking & Fin Serv Fund(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 110.27 +-0.68	25/8/2008	₹ 7,48,990.89	21.66%	15.57%	10.91%	16.51%