Groww Banking & Financial Services Fund - Regular Plan - IDCW
Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 07-02-2024
AUM:
₹ 36.02 Cr
Expense Ratio
2.3%
Benchmark
NiftyFinancialServices TRI
ISIN
INF666M01HQ5
Minimum Investment
500.0
Minimum Topup
500.0
Minimum SIP Amount
0
Fund Manager
Anupam Tiwari
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Groww Banking & Financial Services Fund - Regular Plan - IDCW | - | - | - |
| NiftyFinancialServices TRI | 10.52 | 12.35 | 12.5 |
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
10.1985
Last change
0.03 (0.3206%)
Fund Size (AUM)
₹ 36.02 Cr
Performance
2.43% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
Investment Objective
The scheme seeks 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.
Fund Manager
Anupam Tiwari
Riskometer
Very High
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| HDFC Bank Ltd. | 23.1 |
| ICICI Bank Ltd. | 19.86 |
| State Bank of India | 8.75 |
| Others | 5.44 |
| Bajaj Finance Ltd. | 4.62 |
| SBI Life Insurance Company Ltd. | 4.14 |
| Axis Bank Ltd. | 3.61 |
| Indusind Bank Ltd. | 2.69 |
| Mas Financial Services Ltd. | 2.69 |
| HDFC Asset Management Company Ltd. | 2.55 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial | 86.55 |
| Insurance | 6.96 |
| Others | 5.42 |
| Services | 1.08 |