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Groww Banking & Financial Services Fund Direct Growth

NAV ₹12.55 as on 17 Nov 2025

RiskVery High

Fund Size₹59.73Cr

NAV₹12.55 as on 17 Nov 2025
RiskVery High
Fund Size₹59.73Cr

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Investment Details
Top Rated Funds

Lock-in

No Lock-in

Min One Time Amount

₹500

Min Withdrawal Amount

₹-

Min SIP Amount

₹500

Min Additional Amount

₹500

Exit Load

1.00% - If redemption/switch-out of units on or before 30 days from the date of allotment. Nil - If redemption/switch-out of units after 30 Days from the date of allotment.

Basic Details

Age

1 years 9 months (Since Feb 06, 2024)

Return since Launch

13.58%

Expense ratio

0.36%

Type

OPEN

AUM (Fund Size)

₹59.73

Risk Grade

Very High

Benchmark

Nifty Financial Services TRI

Calculate Your Returns
Select Duration
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Returns
Total investment of ₹2,40,000
Would have become ₹61,949 (+209.74%)
Fund Manager

Name:

Anupam Tiwari

Experience:

 Fund Manager - Axis Asset Management Company Ltd. (Sept. 23, 2016 till date)  Principal PNB Asset Management Company Pvt. Ltd. (July 25, 2011 to Sept. 21, 2016)  Reliance Life Insurance Ltd.( Sept. 22, 2010 to July 15, 2011)  Reliance Capital Asset Management Company Ltd. (Mar. 21, 2005 to Sept. 21, 2010)

Asset Allocation
RiskometerLevel of risk in the scheme
Moderate
High
Low
Very
High

Your investment will be at Very High Risk

Fund house & investment objective
Rank (total assets)#41 in India
Total AUM₹2,840.12Cr
Date of Incorporation10 Apr 2008
Groww Banking & Financial Services Fund Direct Growth is a Equity Mutual Fund Scheme launched by Groww Mutual Fund. This scheme was made available to investors on 06 Feb 2024. The fund currently has an Asset Under Management(AUM) of ₹2,840.12 Cr and the Latest NAV as of 17 Nov 2025 is ₹12.55.
The Groww Banking & Financial Services Fund Direct Growth is rated Very High. Minimum SIP Investment is set to ₹500 . Minimum Lumpsum Investment is ₹500. Exit load of 1.00% - If redemption/switch-out of units on or before 30 days from the date of allotment. Nil - If redemption/switch-out of units after 30 Days from the date of allotment..
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Returns and Rankings

Category: Equity Sectoral / Thematic

1Y3Y5YAll
Fund returns15.35%--13.58%
Category average8.02%6.14%3.98%-
Rank within category3611995-

FAQ’s

What kind of returns does Groww Banking & Financial Services Fund Direct Growth provide?

Groww Banking & Financial Services Fund Direct Growth has given a return of NA% in the past 3 years.

What is the expense ratio charged by Groww Banking & Financial Services Fund Direct Growth?

The Expense Ratio charged by Groww Banking & Financial Services Fund Direct Growth is 0.36%.

What is the AUM size of Groww Banking & Financial Services Fund Direct Growth?

The AUM size of Groww Banking & Financial Services Fund Direct Growth is ₹59.73Cr.

What is the minimum SIP amount that you can invest in Groww Banking & Financial Services Fund Direct Growth?

₹500 is the minimum SIP amount that you can invest in Groww Banking & Financial Services Fund Direct Growth .

What are the top stock holdings of Groww Banking & Financial Services Fund Direct Growth?

The top stock holdings of Groww Banking & Financial Services Fund Direct Growth include , HDFC Bank Ltd , ICICI Bank Ltd , State Bank of India and Kotak Mahindra Bank Ltd.

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*By clicking, I agree to the T&C and Whatsapp updates.