Groww Banking & Financial Services Fund-Reg(G)
- Equity
- Sector Funds
- Very High Risk
Fund Overview
- Assets Under Management (AUM)
- ₹70.14 Cr
- Expense Ratio
- 2.10%
- Riskometer
- Very High
- Category
- Sector Funds
- Asset Type
- Equity
- Benchmark
- NIFTY 50 - TRI
- SIP
- Available
- Switch
- Available
- Inception Date
- 16 Jan 2024
- ISIN
- INF666M01HP7
- Scheme Code
- BSGP
- Fund Scheme ID
- 38267
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Performance & Returns
Calculate SIP ReturnsReturns by period
| Period | Trailing Return | Absolute Return | Annualised Return | CAGR |
|---|---|---|---|---|
| 1 Month | 1.53% | 1.53% | 18.01% | 8.81% |
| 3 Months | 10.59% | 10.59% | 42.01% | 42.93% |
| 6 Months | 13.71% | 13.71% | 27.19% | 19.89% |
| 1 Year | 15.32% | 15.32% | 15.32% | 14.58% |
| Since Inception | 11.16% | 31.35% | 12.16% | 10.60% |
Past performance is not indicative of future returns.
Portfolio
Asset Allocation
100.00%
- Domestic Equities96.74%
- Derivatives-Futures1.94%
- Cash & Cash Equivalents and Net Assets1.32%
Top Sectors
- Finance47.59%
- Bank46.51%
- IT2.49%
- Insurance2.09%
- Miscellaneous1.37%
Holdings
Overview of fund allocations across sectors and securities
Finance
Value
₹33.38 Cr
Weightage
47.59%
Bank
Value
₹32.62 Cr
Weightage
46.51%
IT
Value
₹1.75 Cr
Weightage
2.49%
Insurance
Value
₹1.47 Cr
Weightage
2.09%
Miscellaneous
Value
₹0.96 Cr
Weightage
1.37%
About
Fund Manager(s)
Mr. Anupam Tiwari, Mr. Saptarshee Chatterjee, Mr. Gagan Thareja, Mr. Nikhil Satam
Launch Date
16 Jan 2024
Benchmark
NIFTY 50 - TRI
Objective
The primary investment objective of the scheme is to generate consistent long-term returns byinvesting in equity and equity-related instruments of banking and financial services companies andother related sectors/companies. The fund aims to capitalize on the growth opportunities and growthpotential 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).
RISKOMETER
The riskometer indicates the level of risk associated with the fund based on historical data and portfolio composition.
Exit Load, Stamp Duty and Tax Implication
- Exit load
- 1% on or before 30D, Nil after 30D
- Stamp duty on investment: 0.005% (from July 1st, 2020)
- from July 1st 2020
- Tax implication
- --
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