Groww Banking & Financial Services Fund Regular Growth
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- Rating N.A.
- Plan
- 5D
- 1M
- 6M
- 1Y
- 5Y
- MAX
Key Metrics
- AUM (in Cr)36.62
- CAGR 0.00%
- Exit Load1.00%
- Expense ratio2.25%
- CategoryEquity
- Min Investment500
- Min SIP100
- Launch Date2024-02-07
Asset Allocation
Holdings As On - 10 July 2024
- Name
- Value (Cr)
- Holding %
- HDFC Bank
- 8.01
- 21.87%
- ICICI Bank
- 6.98
- 19.04%
- State Bank Of India
- 3.17
- 8.65%
- Axis Bank
- 2.64
- 7.19%
- Kotak Mahindra Bank
- 2.17
- 5.90%
- Bajaj Finance
- 1.61
- 4.40%
- SBI Life Insurance Company
- 1.44
- 3.93%
- Mas Financial Services
- 0.94
- 2.56%
- Indusind Bank
- 0.94
- 2.55%
- Five Star Business Finance
- 0.79
- 2.14%
Peer Comparison
- Fund Name
- Taurus Banking & Financial Services Fund Growth Option22.33%
- Baroda BNP Paribas Banking and Financial Services Fund Regular Growth25.86%
- WhiteOak Capital Banking & Financial Services Fund Regular Growth0%
- Groww Banking & Financial Services Fund Regular Growth0%
- Helios Financial Services Fund Regular Growth0%
Risk & Volitility
- Alpha 0.00%
- Beta 0.00
- Sharpe Ratio0.00
- Std Deviation 0.00%
- Tracking Error 0.00%
About Fund
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).
The Groww Banking & Financial Services Fund Regular Growth has an AUM of 36.62 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 2.25%. The minimum investment in Groww Banking & Financial Services Fund Regular Growth is Rs 500 and the minimum SIP is Rs 100.
As per morningstar the risk & return rating of the fund are - & - respectively.
The top holdings of the fund include HDFC Bank, ICICI Bank, State Bank Of India & Axis Bank.
The major sectors where the fund is invested are Regional Banks, Consumer Financial Services, Insurance (Life) & Investment Services.
Some of the similar funds are Taurus Banking & Financial Services Fund Growth Option, Baroda BNP Paribas Banking and Financial Services Fund Regular Growth, WhiteOak Capital Banking & Financial Services Fund Regular Growth, Groww Banking & Financial Services Fund Regular Growth, Helios Financial Services Fund Regular Growth. Groww Banking & Financial Services Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.
