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OmniAsset › Mutual funds › Groww Banking & Financial Services Fund

Groww Banking & Financial Services Fund

Sectoral / Thematic fund benchmarked to Nifty Financial Services - Total Return Index. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202613.6178
CategorySectoral / Thematic
PlanDirect · Growth
Launched17 Jan 2024
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1Nifty Financial Services - Total Return Index
Expense ratiodirect plan, a year1.12%
AUM₹53.6 Cr
Growth of ₹10,000₹13,6777 Feb 2024 to 2 Sep 2026
₹13,969₹12,937₹11,906₹10,874₹9,843Feb 2024Sep 2024May 2025Jan 2026Sep 2026
₹13,677 (+13.0% a year) Groww Banking & Financial Services Fund

Performance (trailing, annualised)

1Y annualised16.80%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,32,31719.49%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 202511.03%

Rolling returns

Rolling 1Y · average81 windows since 10 Feb 202510.51%
Rolling 1Y · median10.69%
Rolling 1Y · worst window-3.04%
Rolling 1Y · best window25.04%
Rolling 1Y · windows positive95%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)16.08%
Downside deviation (3Y)11.45%
Maximum drawdown-16.35%

Management

Fund managerMr. Anupam Tiwari (Head- Equity), Mr. Saptarshee Chatterjee (Assistant Fund Manager - Equity), Mr. Gagan Thareja (Fund Manager - Equity), Mr. Nikhil Satam (Fund Manager, Dealer - Equity)
Managing since3 Sep 2026

What it holds

SecurityWeight
ICICI Bank Ltd7.9%
Axis Bank Ltd6.9%
BSE Ltd5.1%
Multi Commodity Exchange Of India Ltd4.3%
CarTrade Tech Ltd4.3%
Bajaj Finance Ltd4.0%
ICICI Prudential Asset Management Company Ltd.3.8%
Ujjivan Small Finance Bank Ltd3.7%
RBL Bank Ltd3.7%
DEWAN HOUSING FINANCE CORP. LTD. EQ3.5%
SectorWeight
Financial88.6%
Consumer Discretionary4.3%
Technology3.1%
Energy & Utilities1.5%

Portfolio disclosed: 97.6% by weight.

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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