Groww Banking & Financial Services Fund Direct Growth

Equity
Sectoral
Very High Risk
1M
6M
All
NAV: 14 Nov 2024₹10.88
Min. SIP amount₹100
RatingNA
Fund size₹44.74Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Sectoral
Absolute returns
1M3M6MAll
Fund returns-1.5%2.7%7.1%12.4%
Category averageNANANANA
Rank with in categoryNA1118NA
Understand terms

Holdings (27)

NameSectorInstrumentAssets
FinancialEquity19.66%
FinancialEquity17.27%
FinancialEquity7.79%
FinancialEquity6.39%
FinancialEquity4.54%
ServicesEquity3.12%
InsuranceEquity3.00%
FinancialEquity2.65%
FinancialEquity2.61%
FinancialEquity2.49%
InsuranceEquity1.98%
InsuranceEquity1.97%
InsuranceEquity1.95%
FinancialEquity1.89%
FinancialEquity1.84%
InsuranceEquity1.81%
FinancialEquity1.81%
FinancialEquity1.81%
FinancialEquity1.80%
FinancialEquity1.65%
ServicesEquity1.58%
FinancialEquity1.55%
FinancialEquity1.43%
FinancialEquity1.33%
FinancialEquity1.03%
FinancialEquity0.97%
ServicesEquity0.85%
See All

Expense ratio, exit load and tax

Expense ratio: 0.36%

Inclusive of GST

Exit load

Exit load of 1%, if redeemed within 30 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹100

Fund house & investment objective

Fund house contact details

Address
Floor 12 A, Tower 2 A, One World Centre, Jupiter Mills Compound Senapati Bapat Marg, Mumbai 400013
Phone
8050180222
Launch Date
10 Apr 2008
Groww Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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