Groww Banking & Financial Services Fund Regular Growth

Fund Overview

Fund Size

₹54 Cr

Expense Ratio

2.30%

ISIN

INF666M01HP7

Minimum SIP

₹500

Exit Load

1.00%

Inception Date

07 Feb 2024

About this fund

This fund has been in existence for 1 years, 4 months and 25 days, having been launched on 07-Feb-24.
As of 30-Jun-25, it has a Net Asset Value (NAV) of ₹11.94, Assets Under Management (AUM) of 53.97 Crores, and an expense ratio of 2.3%.

Groww Banking & Financial Services Fund Regular Growth has given a CAGR return of 13.93% since inception.
The fund's asset allocation comprises around 95.46% in equities, 0.00% in debts, and 4.54% in cash & cash equivalents.
You can start investing in Groww Banking & Financial Services Fund Regular Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+9.72%

+10.11% (Cat Avg.)

Since Inception

+13.93%

— (Cat Avg.)

Portfolio Summaryas of 31st May 2025

Equity	₹51.51 Cr	95.46%
Others	₹2.45 Cr	4.54%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd	Equity	₹11.05 Cr	20.47%
HDFC Bank Ltd	Equity	₹9.24 Cr	17.12%
Bajaj Holdings and Investment Ltd	Equity	₹2.37 Cr	4.40%
SBI Life Insurance Co Ltd	Equity	₹2.03 Cr	3.77%
Axis Bank Ltd	Equity	₹1.98 Cr	3.66%
Net Receivable/Payable	Cash - Collateral	₹1.84 Cr	3.40%
Cholamandalam Financial Holdings Ltd	Equity	₹1.61 Cr	2.98%
Motilal Oswal Financial Services Ltd	Equity	₹1.61 Cr	2.97%
Prudent Corporate Advisory Services Ltd	Equity	₹1.6 Cr	2.96%
Max Financial Services Ltd	Equity	₹1.5 Cr	2.78%
PNB Housing Finance Ltd	Equity	₹1.4 Cr	2.59%
Angel One Ltd Ordinary Shares	Equity	₹1.38 Cr	2.56%
State Bank of India	Equity	₹1.34 Cr	2.49%
One97 Communications Ltd	Equity	₹1.34 Cr	2.48%
Nippon Life India Asset Management Ltd Ordinary Shares	Equity	₹1.22 Cr	2.25%
India Shelter Finance Corporation Ltd	Equity	₹1.17 Cr	2.17%
ICICI Prudential Life Insurance Co Ltd	Equity	₹1.14 Cr	2.11%
Home First Finance Co India Ltd ---	Equity	₹1.1 Cr	2.04%
CreditAccess Grameen Ltd Ordinary Shares	Equity	₹1.09 Cr	2.01%
IndusInd Bank Ltd	Equity	₹1.01 Cr	1.88%
PB Fintech Ltd	Equity	₹0.99 Cr	1.83%
Multi Commodity Exchange of India Ltd	Equity	₹0.8 Cr	1.47%
Power Finance Corp Ltd	Equity	₹0.71 Cr	1.32%
Indian Energy Exchange Ltd	Equity	₹0.69 Cr	1.29%
Nuvama Wealth Management Ltd	Equity	₹0.69 Cr	1.28%
Groww Liquid Fund Dir Gr	Mutual Fund - Open End	₹0.62 Cr	1.14%
Cholamandalam Investment and Finance Co Ltd	Equity	₹0.55 Cr	1.01%
BSE Ltd	Equity	₹0.53 Cr	0.99%
KFin Technologies Ltd	Equity	₹0.52 Cr	0.97%
Muthoot Finance Ltd	Equity	₹0.45 Cr	0.84%
Medi Assist Healthcare Services Ltd	Equity	₹0.41 Cr	0.77%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹49.24 Cr	91.24%
Technology	₹1.86 Cr	3.44%
Healthcare	₹0.41 Cr	0.77%

Risk & Performance Ratios

Fund Managers

Anupam Tiwari

Since February 2024

Saptarshee Chatterjee

Since February 2025

Additional Scheme Detailsas of 31st May 2025

ISIN

INF666M01HP7

Expense Ratio

2.30%

Exit Load

1.00%

Fund Size

₹54 Cr

Age

1 year 4 months

Lumpsum Minimum

₹500

Fund Status

Open Ended Investment Company

Benchmark

Nifty Financial Services TRI

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Sector - Financial Services Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HSBC Financial Services Fund Regular Growth Very High Risk	2.4%	1.0%	₹621.82 Cr	-
HSBC Financial Services Fund Direct Growth Very High Risk	1.0%	1.0%	₹621.82 Cr	-
HDFC Nifty Bank ETF Very High Risk	0.2%	-	₹2739.51 Cr	10.1%
Mirae Asset Nifty PSU Bank ETF Very High Risk	0.2%	-	₹45.18 Cr	-
Edelweiss Nifty Bank ETF Very High Risk	0.1%	-	₹7.09 Cr	-
Helios Financial Services Fund Direct Growth Very High Risk	0.8%	1.0%	₹172.68 Cr	16.5%
Helios Financial Services Fund Regular Growth Very High Risk	2.4%	1.0%	₹172.68 Cr	14.5%
Baroda BNP Paribas NIFTY Bank ETF Very High Risk	0.1%	-	₹3.55 Cr	9.8%
ICICI Prudential Nifty Private Banks ETF Very High Risk	0.1%	-	₹3356.82 Cr	8.7%
HDFC Nifty Private Bank ETF Very High Risk	0.1%	-	₹335.01 Cr	8.3%
Groww Banking & Financial Services Fund Regular Growth Very High Risk	2.3%	1.0%	₹53.97 Cr	9.7%
Groww Banking & Financial Services Fund Direct Growth Very High Risk	0.4%	1.0%	₹53.97 Cr	11.9%
WhiteOak Capital Banking & Financial Services Fund Regular Growth Very High Risk	2.4%	1.0%	₹417.47 Cr	15.1%
WhiteOak Capital Banking & Financial Services Fund Direct Growth Very High Risk	0.7%	1.0%	₹417.47 Cr	17.1%
HDFC Nifty PSU Bank ETF Very High Risk	0.3%	-	₹26.07 Cr	-0.6%
Bajaj Finserv Nifty Bank ETF Very High Risk	0.1%	-	₹320.91 Cr	9.9%
DSP Banking & Financial Services Fund Regular Growth Very High Risk	2.1%	0.0%	₹1290.21 Cr	19.9%
DSP Banking & Financial Services Fund Direct Growth Very High Risk	0.7%	0.0%	₹1290.21 Cr	21.7%
Mirae Asset Nifty Financial Services ETF Very High Risk	0.1%	-	₹383.46 Cr	16.9%
Kotak Nifty Bank ETF Very High Risk	0.1%	-	₹5540.77 Cr	10.1%
Nippon India Banking & Financial Services Fund Direct Growth Very High Risk	1.0%	1.0%	₹7159.57 Cr	16.5%
Invesco India Financial Services Fund Direct Growth Very High Risk	0.9%	1.0%	₹1372.44 Cr	18.0%
UTI Nifty Bank ETF Very High Risk	0.2%	-	₹3856.24 Cr	10.2%
HDFC Nifty Private Bank ETF Very High Risk	0.1%	-	₹352.74 Cr	-88.9%
ICICI Prudential Nifty Bank ETF Very High Risk	0.1%	-	₹3152.36 Cr	9.9%
SBI Nifty Private Bank ETF Very High Risk	0.5%	-	₹514.31 Cr	8.7%
Bandhan Financial Services Fund Regular Growth Very High Risk	2.2%	0.0%	₹1039.30 Cr	14.7%
Bandhan Financial Services Fund Direct Growth Very High Risk	0.6%	0.0%	₹1039.30 Cr	16.5%
Mirae Asset Nifty Bank ETF Very High Risk	0.1%	-	₹254.77 Cr	10.2%
SBI Nifty Bank ETF Very High Risk	0.2%	-	₹4281.65 Cr	9.9%
Quant BFSI Fund Regular Growth Very High Risk	2.4%	1.0%	₹608.06 Cr	2.3%
Baroda BNP Paribas Banking and Financial Services Fund Regular Growth Very High Risk	2.4%	1.0%	₹271.44 Cr	15.2%
Quant BFSI Fund Direct Growth Very High Risk	0.8%	1.0%	₹608.06 Cr	3.9%
ICICI Prudential Nifty Financial Services Ex-Bank ETF Very High Risk	0.2%	-	₹140.91 Cr	24.7%
HDFC Banking & Financial Services Fund Direct Growth Very High Risk	0.8%	1.0%	₹4128.04 Cr	11.9%
HDFC Banking & Financial Services Fund Regular Growth Very High Risk	1.9%	1.0%	₹4128.04 Cr	10.7%
UTI Banking and Financial Services Fund Direct Growth Very High Risk	1.1%	1.0%	₹1294.71 Cr	14.4%
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth Very High Risk	0.8%	1.0%	₹271.44 Cr	16.9%
SBI Banking & Financial Services Fund Direct Growth Very High Risk	0.7%	0.0%	₹7998.78 Cr	17.4%
SBI Banking & Financial Services Fund Regular Growth Very High Risk	1.8%	0.0%	₹7998.78 Cr	16.2%
ICICI Prudential Banking and Financial Services Direct Growth Very High Risk	1.0%	1.0%	₹9812.38 Cr	14.6%
ITI Banking and Financial Services Fund Regular Growth Very High Risk	2.4%	0.0%	₹306.69 Cr	11.3%
ITI Banking and Financial Services Fund Direct Growth Very High Risk	0.7%	0.0%	₹306.69 Cr	13.4%
Kotak Banking & Financial Services Fund Regular Growth Very High Risk	2.1%	0.0%	₹1212.57 Cr	10.8%
Kotak Banking & Financial Services Fund Direct Growth Very High Risk	0.7%	0.0%	₹1212.57 Cr	12.5%
Sundaram Financial Services Opportunities Direct Growth Very High Risk	0.8%	0.0%	₹1547.94 Cr	8.4%
Taurus Banking & Financial Services Fund Direct Growth Very High Risk	1.6%	1.0%	₹12.10 Cr	9.5%
Mirae Asset Banking and Financial Services Fund Regular Growth Very High Risk	2.0%	1.0%	₹1998.29 Cr	11.6%
Mirae Asset Banking and Financial Services Fund Direct Growth Very High Risk	0.6%	1.0%	₹1998.29 Cr	13.3%
ICICI Prudential Nifty PSU Bank ETF Very High Risk	0.4%	-	₹70.56 Cr	-0.6%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of Groww Banking & Financial Services Fund Regular Growth?

The NAV of Groww Banking & Financial Services Fund Regular Growth, as of 30-Jun-2025, is ₹11.94.

What is the portfolio composition of Groww Banking & Financial Services Fund Regular Growth?

The fund's allocation of assets is distributed as 95.46% in equities, 0.00% in bonds, and 4.54% in cash and cash equivalents.

Who manages the Groww Banking & Financial Services Fund Regular Growth?

The fund managers responsible for Groww Banking & Financial Services Fund Regular Growth are:-

Anupam Tiwari
Saptarshee Chatterjee

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹54 Cr

Expense Ratio

2.30%

ISIN

INF666M01HP7

Minimum SIP

₹500

Exit Load

1.00%

Inception Date

07 Feb 2024

Risk Level

Your principal amount will be at Very High Risk