Groww Banking & Financial Services Fund-Dir Growth
₹ 100
Min SIP
₹ 500
Min Lumpsum
0.36 %
Expense Ratio
Rating
39
Fund Size (in Cr)
6 Months
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
-
Invested Amount--
-
Wealth Gained--
-
Expected Amount--
Scheme Performance
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | - | - | - | 8.2% | ||||
| Category Average | 14.6% | 13.1% | 13.4% | - |
Scheme Allocation
By Holding
By Sector
By Asset
Advance Ratio
-10.05
Alpha
3.28
SD
0.88
Beta
2.05
Sharpe
Exit Load
| 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. |
|---|
Fund 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). However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Fund Managers
Anupam Tiwari - Funds and Content Listing - Fund Manager
With 14 years of work experience, Mr Anupam Tiwari handles Funds and Content Listing at Axis Mutual Fund. His current designation is Fund Manager of Equity, Axis Asset Management Ltd. He joined Axis AMC in October 2016. Before joining Axis AMC, he worked with Principal PNB Mutual Fund and Reliance Life Insurance Company Limited as Equity Fund Manager and Reliance Capital Asset Management Company Limited as Senior Equity Analyst. Mr Tiwari is a Chartered Accountant (Financial Management, Accounting, Auditing, Taxation) from The Institute of Chartered Accountants of India. His areas of expertise include equities, portfolio management, valuation, etc.
Mr Anupam Tiwari manages four (4) schemes at Axis Mutual Fund, including Axis Small Cap Fund and Axis Equity Saver Fund.
Risk-O-Meter
Peer Comparison
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- Sectoral / Thematic .
-
- 5,703
-
63.5%Fund Size - 5,703
-
40.1%Fund Size - 5,703
-
31.7%Fund Size - 5,703
-
- Equity .
- Sectoral / Thematic .
-
- 430
-
85%Fund Size - 430
-
39.2%Fund Size - 430
-
30.9%Fund Size - 430
-
- Equity .
- Sectoral / Thematic .
-
- 2,738
-
69.6%Fund Size - 2,738
-
35.8%Fund Size - 2,738
-
30.1%Fund Size - 2,738
-
- Equity .
- Sectoral / Thematic .
-
- 4,575
-
69.9%Fund Size - 4,575
-
31.2%Fund Size - 4,575
-
29.2%Fund Size - 4,575
-
- Equity .
- Sectoral / Thematic .
-
- 1,612
-
18.6%Fund Size - 1,612
-
21.5%Fund Size - 1,612
-
18.6%Fund Size - 1,612
AMC Contact Details
Groww Mutual Fund
AUM:
438 Cr
Address:
Floor 12 A, Tower 2 A, One World
Center, Jupiter Mills Compound
Senapati Bapat Marg, Mumbai - 400013
Contact:
022-69744435
Email ID:
iro@growwmf.in
More Funds from Groww Mutual Fund
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Debt .
- Dynamic Bond .
-
- 38
-
7.2%Fund Size - 38
-
5.3%Fund Size - 38
-
5.8%Fund Size - 38
-
- Equity .
- Large Cap .
-
- 126
-
35.4%Fund Size - 126
-
18.7%Fund Size - 126
-
17.4%Fund Size - 126
-
- Equity .
- ELSS .
-
- 48
-
38.1%Fund Size - 48
-
19%Fund Size - 48
-
18.7%Fund Size - 48
-
- Hybrid .
- Aggressive Hybrid .
-
- 43
-
29.1%Fund Size - 43
-
16.6%Fund Size - 43
-
16.7%Fund Size - 43
-
- Equity .
- Value .
-
- 24
-
41.2%Fund Size - 24
-
19.9%Fund Size - 24
-
21%Fund Size - 24
Mutual Funds By Category
Equity
Debt
Hybrid
equity
Large Cap
Fund Name
Mid Cap
Fund Name
Small Cap
Fund Name
Multi Cap
Fund Name
ELSS
Fund Name
Dividend Yield
Fund Name
Sectoral / Thematic
Fund Name
Focused
Fund Name
debt
Ultra Short Duration
Fund Name
Liquid
Fund Name
Gilt
Fund Name
Long Duration
Fund Name
Overnight
Fund Name
Floater
Fund Name
hybrid
Arbitrage
Fund Name
Equity Savings
Fund Name
Aggressive Hybrid
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- Large Cap .
-
- 29,533
-
37.9%Fund Size - 29,533
-
26.1%Fund Size - 29,533
-
22%Fund Size - 29,533
-
- Equity .
- Large Cap .
-
- 2,120
-
42.2%Fund Size - 2,120
-
21.5%Fund Size - 2,120
-
21.7%Fund Size - 2,120
-
- Equity .
- Large Cap .
-
- 13,930
-
32.1%Fund Size - 13,930
-
17.7%Fund Size - 13,930
-
21.5%Fund Size - 13,930
-
- Equity .
- Large Cap .
-
- 59,364
-
38.6%Fund Size - 59,364
-
22.4%Fund Size - 59,364
-
21.4%Fund Size - 59,364
-
- Equity .
- Large Cap .
-
- 8,847
-
34.6%Fund Size - 8,847
-
18.6%Fund Size - 8,847
-
21.1%Fund Size - 8,847
Frequently Asked Questions
How to invest in Groww Banking & Financial Services Fund-Dir Growth ?
You can invest in Groww Banking & Financial Services Fund-Dir Growth in a quick and simple process. Follow the below steps;
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for Groww Banking & Financial Services Fund-Dir Growth in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of Groww Banking & Financial Services Fund-Dir Growth ?
The NAV of Groww Banking & Financial Services Fund-Dir Growth is ₹10.9 as of 26 July 2024.
How to redeem Groww Banking & Financial Services Fund-Dir Growth holding ?
You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.
What is the minimum sip amount of Groww Banking & Financial Services Fund-Dir Growth?
The minimum SIP amount of Groww Banking & Financial Services Fund-Dir Growth is ₹100
What are the top sectors Groww Banking & Financial Services Fund-Dir Growth has invested in?
The top sectors Groww Banking & Financial Services Fund-Dir Growth has invested in are
- Banks - 68.5%
- Finance - 17.54%
- Insurance - 8.23%
- Capital Markets - 3.91%
- Debt - 0.93%
Can I make investments in both the SIP and Lump Sum schemes of Groww Banking & Financial Services Fund-Dir Growth?
Yes, You can select both SIP or Lumpsum investment of Groww Banking & Financial Services Fund-Dir Growth based on your investment objective and risk tolerance.
How much returns have Groww Banking & Financial Services Fund-Dir Growth generated ?
The Groww Banking & Financial Services Fund-Dir Growth has delivered 8.2% since inception
What is the expense ratio of Groww Banking & Financial Services Fund-Dir Growth ?
The expense ratio of Groww Banking & Financial Services Fund-Dir Growth is 0.36 % as of 26 July 2024.
What is the AUM of Groww Banking & Financial Services Fund-Dir Growth?
The AUM of Groww Banking & Financial Services Fund-Dir Growth is ₹438 Cr as of 26 July 2024
What are the top stock holdings of Groww Banking & Financial Services Fund-Dir Growth?
The top stock holdings of Groww Banking & Financial Services Fund-Dir Growth are
- HDFC Bank - 24.68%
- ICICI Bank - 20.88%
- Axis Bank - 6.86%
- Kotak Mah. Bank - 6.84%
- St Bk of India - 3.89%
How can I redeem my investments in Groww Banking & Financial Services Fund-Dir Growth?
Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Groww Banking & Financial Services Fund-Dir Growth in Scheme, enter the redemption amount, and click on submit button.
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Groww Banking & Financial Services Fund-Dir Growth in Scheme, enter the redemption amount, and click on submit button.