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Groww Banking & Financial Services Fund(G)-Direct Plan

Groww Banking & Financial Services Fund(G)-Direct Plan

Equity•Direct Growth•High Risk

-1.75%

1Y annualised

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NAV : 26 Oct 2026

₹12.16

Min. SIP amount

₹500

Fund size (AUM)

106 Cr

Expense ratio

0.36%

Launched on

06 Feb 2024

Lock-in period

N/A

Benchmark

Nifty 50

Fund Plan

Direct

SIP Calculator + Returns

Monthly investment

₹8,000

3M6M1Y3Y
Total investment
₹2,88,000
Would've become
₹2,88,000

Stock Allocation

Stock nameSectorAllocation
Kotak Mahindra Bank LimitedBank4.63%
Axis Bank LimitedBank4.46%
Treps 01-Oct-2026Cash & Cash Equivalents And Net Assets4.34%

Fund Composition

₹106 Cr

Large Cap

20.22%

Mid Cap

25.39%

Small Cap

36.62%

Others

17.77%

Sector Allocation

₹106 Cr

Finance

39.31%

Bank

28.71%

Domestic Equities

17.83%

Cash & Cash Equivalents And Net Assets

4.81%

It

4.80%

Automobile & Ancillaries

4.18%

Minimum investments

Min. for SIP₹500
Min. for Lumpsum--

Returns vs rankings

Absolute returns
Name1Y3Y5Y
Fund returns------
Rank (Equity)

Exit load, stamp duty and tax

Exit load

1% on or before 30D, Nil after 30D

No exit load after holding period

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within less than 1 year, returns are taxed as per your Income Tax slab. If you redeem after more than 1 year, returns are taxed at 12.5%.

Fund management

AT

Anupam Tiwari

Present

SC

Saptarshee Chatterjee

Present

NS

Nikhil Satam

Present

HD

Hitesh Das

Present

Similar/Peer Fund Comparison

Fund name
I

ICICI Pru Strategic Metal and Energy Equity FoF(G)-Direct Plan

+37.45%
I

ICICI Pru US Bluechip Equity Fund(G)-Direct Plan

+20.89%
H

HDFC Pharma and Healthcare Fund(G)-Direct Plan

+29.28%
K

Kotak Healthcare Fund(G)-Direct Plan

+0.00%
A

Aditya Birla SL Intl. Equity Fund(G)-Direct Plan

+23.62%
S

SBI Automotive Opportunities Fund(G)-Direct Plan

+0.00%
P

PGIM India Healthcare Fund(G)-Direct Plan

+0.00%
W

WOC Pharma and Healthcare Fund(G)-Direct Plan

+0.00%

FAQs

Groww Banking & Financial Services Fund(G)-Direct Plan is a part of Groww Asset Management Limited, it was incepted on 06 Feb 2024. This fund is managed by Anupam Tiwari, Saptarshee Chatterjee, Nikhil Satam and Hitesh Das. It is a Equity type of fund.

The current NAV of Groww Banking & Financial Services Fund(G)-Direct Plan is ₹12.16 (as of 26 Oct 2026).

Groww Banking & Financial Services Fund(G)-Direct Plan has delivered -1.75% in 1 year, 0.00% in 3 years, and 0.00% in 5 years (annualised).

The minimum SIP amount for Groww Banking & Financial Services Fund(G)-Direct Plan is ₹500.

The expense ratio of Groww Banking & Financial Services Fund(G)-Direct Plan is 0.36%.

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