Groww Banking & Financial Services Fund Direct Growth

Equity
Sectoral
Very High Risk
0123456789.01234567890123456789%
1M return
+0.82% 1D
1M
6M
1Y
All
NAV: 27 Mar 2025₹10.79
Min. SIP amount₹500
RatingNA
Fund size₹44.51Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
3 months
6 months
1 year
Total investment of ₹15,000
Would have become ₹14,510 (-3.27%)

Holdings (29)

NameSectorInstrumentAssets
FinancialEquity18.69%
FinancialEquity18.49%
Nifty Bank
FinancialID7.26%
FinancialEquity5.61%
FinancialEquity4.60%
FinancialEquity3.26%
ServicesEquity2.41%
FinancialEquity2.35%
FinancialEquity2.34%
FinancialEquity2.23%
FinancialEquity2.22%
FinancialEquity2.19%
FinancialEquity2.17%
InsuranceEquity2.13%
ServicesEquity1.96%
ServicesEquity1.84%
FinancialEquity1.64%
FinancialEquity1.58%
FinancialEquity1.58%
FinancialEquity1.41%
Groww Liquid Direct Fund-Growth
NAMutual Fund1.36%
ServicesEquity1.35%
ServicesEquity1.21%
FinancialEquity1.16%
FinancialEquity0.98%
FinancialEquity0.93%
ServicesEquity0.85%
FinancialEquity0.75%
ServicesEquity0.69%
See All

Minimum investment amounts

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

Returns and rankings

Category: Equity Sectoral
Absolute returns
3M6M1YAll
Fund returns-4.2%-7.9%7.6%6.7%
Category averageNANA10.3%NA
Rank with in category312924NA
Understand terms

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

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Understand terms
Check past data

Fund management

Saptarshee Chatterjee
Feb 2025 - Present
View details

Education
CFA Level 3, PGDM (Finance), BE (E.T.C.E) from Jadavpur University.
Experience
Prior to joining Groww MF he was associated with Centrum Wealth Management Limited & Edelweiss Financial Services Limited.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel,Maharashtra 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,

Pros and cons

Category: Equity Sectoral

Pros

Lower expense ratio: 0.36%

Cons

1Y annualised returns lower than category average by 2.23%

Compare funds

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MONTHLY SIP
ONE-TIME
SIP Amount
Monthly SIP Date
nullth
Next SIP instalment on 28 of Mar
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