Home Mutual Funds NFO Groww Banking & Financial Services Fund-Dir (IDCW) Groww Banking & Financial Services Fund-Dir (IDCW) - NFO NAV: ₹10 Open Date 17 Jan 2024 Close Date 31 Jan 2024 Min. Amount ₹500 NAV ₹10 Min. Amount ₹500 Open Date 17 Jan 2024 Close Date 31 Jan 2024 Scheme 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. Asset Class Equity Category Equity - Banking Scheme Type Dividend ISIN INF666M01HU7 Stamp Duty - Incremental Inv ₹500 Expense Ratio - Exit Load (%) - Fund House Details Groww Mutual Fund Fund Manager Anupam Tiwari Groww Mutual Fund Fund Name Rating 3 Year CAGR3Y 5 Year CAGR5Y Groww Large Cap Fund – Direct (IDCW) 3★ 17.3% 18.6% Groww Large Cap Fund – Direct Growth 3★ 17.3% 18.6% Groww Aggressive Hybrid Fund – Direct Growth 3★ 15.4% 17.4% Groww Short Duration Fund – Direct (IDCW-M) 3★ 5.5% 5.4% Groww Dynamic Bond Fund – Direct Growth 3★ 5.4% 5.9% Fund House Contact Details Groww Mutual Fund AUM: 788 Cr Address: Floor 1202A - 12A Floor, One World Center, Lower Parel, Mumbai - 400013, Maharashtra Contact: 022-69744435 Email ID: support@growwmf.in Frequently Asked Questions What is Groww Banking & Financial Services Fund-Dir (IDCW) ? 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. What is the close date of Groww Banking & Financial Services Fund-Dir (IDCW) ? Close date of Groww Banking & Financial Services Fund-Dir (IDCW) is 31 Jan 2024. Name the Fund Manger of Groww Banking & Financial Services Fund-Dir (IDCW) The Fund Manger of Groww Banking & Financial Services Fund-Dir (IDCW) is Anupam Tiwari What is the open date of Groww Banking & Financial Services Fund-Dir (IDCW) ? Open date of Groww Banking & Financial Services Fund-Dir (IDCW) is 17 Jan 2024 What is the minimum investment amount of Groww Banking & Financial Services Fund-Dir (IDCW) ? The minimum investment amount of Groww Banking & Financial Services Fund-Dir (IDCW) is ₹500