AT
Anupam TiwariLead
Since Feb 2024
AUM managed
₹1,852.35Cr
Tenure
Since Feb 2024
Funds
6
Groww Banking & Financial Services Reg Gr
Sector - Financial ServicesGroww Mutual Fund
NAV
₹12.89
+0.40% today
AUM
₹90.55 Cr
Fund size
Expense
2.40%
Regular plan
Min SIP
₹500
per month
Min Lumpsum
₹500
one-time
Exit Load
1.0
on redemption
Fund snapshot
Category rank--
Risk-o-meterVery High Risk
BenchmarkNifty Financial Services TRI (100%)
Number of holdings37
Inception07 Feb 2024
Exit load1.0
Risk metrics
Alpha12.35
Beta0.92
Sharpe ratio0.63
Standard deviation20.17%
Sortino ratio0.99
Capital gains tax
Equity
STCG · short-term
20%Short-term gains taxed at 20%
Applies when equity fund units are sold within 12 months.
LTCG · long-term
12.5%Long-term gains taxed at 12.5%
Applies when equity fund units are sold after 12 months.
Equity-oriented mutual fund taxation applies based on holding period.
Fund managers
About Groww Banking & Financial Services Reg Gr
Groww Banking & Financial Services Reg Gr is an open-ended Sector - Financial Services mutual fund scheme offered by Groww Mutual Fund under the regular plan with the growth option. Its latest net asset value (NAV) is ₹12.89 per unit and the scheme manages ₹90.55 Cr in assets under management. The fund charges an expense ratio of 2.40% and is benchmarked against Nifty Financial Services TRI (100%). Over the trailing 1 year, Groww Banking & Financial Services Reg Gr has delivered +10.34% returns. SEBI's riskometer places this scheme in the Very High Risk category, so read the scheme information document before investing.
Investment objective
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).
Regular Plan · Growth option · NAV as of 16 Sept 2026
Groww Banking & Financial Services Reg Gr returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | -0.33% | -3.21% |
| 3 months | +3.51% | -1.93% |
| 6 months | +16.66% | +4.71% |
| 1 year | +10.34% | +4.43% |
| 3 years | 0.00% | +9.79% |
| 5 years | 0.00% | +11.12% |
Rolling returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | 0.00% | +1.52% |
| 3 months | +9.92% | +6.58% |
| 6 months | +10.55% | -2.27% |
| 1 year | +17.47% | +12.04% |
| 3 years | 0.00% | +42.49% |
| 5 years | 0.00% | +78.34% |
Past performance is not indicative of future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.
Groww Banking & Financial Services Reg Gr — frequently asked questions
What is the NAV of Groww Banking & Financial Services Reg Gr?
The latest net asset value (NAV) of Groww Banking & Financial Services Reg Gr is ₹12.89 per unit, +0.40% over the previous trading day. NAV is declared by the AMC at the end of every business day.
What returns has Groww Banking & Financial Services Reg Gr delivered?
Groww Banking & Financial Services Reg Gr has returned +10.34% over the trailing 1 year. Returns beyond one year are annualised. Past performance does not guarantee future returns.
What is the expense ratio of Groww Banking & Financial Services Reg Gr?
Groww Banking & Financial Services Reg Gr charges an expense ratio of 2.40% per annum. The expense ratio is deducted from the scheme's assets, so the NAV you see is already net of it.
How risky is Groww Banking & Financial Services Reg Gr?
SEBI's riskometer classifies Groww Banking & Financial Services Reg Gr as Very High Risk, which is typical for a Sector - Financial Services scheme. Match the scheme's risk level to your own risk tolerance and investment horizon before investing.
What is the minimum investment in Groww Banking & Financial Services Reg Gr?
You can start a SIP in Groww Banking & Financial Services Reg Gr from ₹500 per month, and the minimum lumpsum investment is ₹500.
Who manages Groww Banking & Financial Services Reg Gr?
Groww Banking & Financial Services Reg Gr is managed by Groww Mutual Fund, holds ₹90.55 Cr in assets under management and invests across 37 holdings. This page covers the regular plan with the growth option.
Scheme identifiers
- Fund house
- Groww Mutual Fund
- Scheme category
- Equity
- Scheme sub-category
- Sector - Financial Services
- Plan
- Regular plan
- Option
- Growth
- ISIN
- INF666M01HP7
- Scheme code
- FS0000IKD1
Frequently asked questions
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