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Groww Banking & Financial Services Fund Direct IDCW Monthly

Equity
Sectoral
Very High Risk
₹13.4558
NAV as on 02 Jul 2026

Holdings (33)

NameSectorInstrumentAssets
ICICI Bank Limited
BANKSEquity Shares7.8%
HDFC Bank Limited
BANKSEquity Shares7.7%
Axis Bank Limited
BANKSEquity Shares7.1%
BSE Ltd
FINANCEEquity Shares5.9%
Multi Commodity Exchange of India Ltd.
FINANCEEquity Shares4.9%
Bajaj Finance Limited
FINANCEEquity Shares3.9%
Ujjivan Small Finance Bank Limited
BANKSEquity Shares3.7%
RBL Bank Limited
BANKSEquity Shares3.7%
SBFC Finance Limited
FINANCEEquity Shares3.5%
INDIA SHELTER FIN CORP LTD
FINANCEEquity Shares2.9%

Holding analysis

Equity / Debt / Cash Split

Equity
98.7%
Debt
1.4%
Cash
-0.0%
70.1Cr

Equity sector allocation

Finance
50.1%
Banks
45.2%
Others
4.7%
69.2Cr

Debt sector allocation

Tri Party Repo (Treps)
100.0%
1.0Cr

Advanced ratios

Top 5
118%
Top 20
425%
Understand terms

Scheme Performance

Annualised returnsas on 31 Jan 2026
5Y3Y1YSince Inception
Groww Banking & Financial Services Fund Direct IDCW Monthly0.00%0.00%20.12%11.45%
Scheme Benchmark - NIFTY Financial Services TRI0.00%0.00%18.91%17.14%
Current value of standard investment of ₹10,000as on 31 Jan 2026
5Y3Y1YSince Inception
Groww Banking & Financial Services Fund Direct IDCW Monthly₹10,000.00₹10,000.00₹12,012.29₹12,399.70
Scheme Benchmark - NIFTY Financial Services TRI₹10,000.00₹10,000.00₹11,890.87₹13,686.35

Expense ratio, exit load and tax

Expense ratio: 0.31%

Inclusive of GST

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

Stamp duty on investment: 0.005%

from July 1st 2020

Understand terms

Fund management

The primary investment objective of the scheme is to generate consistent long-term returns by investing in equity and equity-related instruments of ba
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 will be achieved. The Scheme does not assure or guarantee any returns.
Fund benchmark
NIFTY Financial Services TRI

Riskometer

This product is suitable for investors who are seeking*

• Looking for long-term capital appreciation, with an investment horizon of 5 - 10 years • Seeking investments predominantly in equity and equity-related instruments of the companies engaged in the financial services sector • Looking to benefit from growth opportunities and the potential of companies engaged in banking and financial services and other related sectors • Seeking investing opportunities across multiple BFSI sub-sectors • Having a slightly higher risk appetite • Those who already have a well-diversified portfolio, and are looking for some amount of concentration for the potential of outsized returns

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Scheme Riskometer
Scheme Riskometer: Very High
The Scheme Risk-o-meter is at Very High