Groww Banking & Financial Services Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | N/A | N/A | N/A | N/A |
Average Rolling Returns(%) | N/A | N/A | N/A | N/A |
The Current NAV of Groww Banking & Financial Services Fund - Regular Plan - Growth is ₹10.21.
It is better to invest in a fund with a longer track record as Groww Banking & Financial Services Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark Nifty Financial Services, as the Funds portfolio is similar to its benchmark.
Groww Banking & Financial Services Fund - Regular Plan - Growth fund’s expense ratio is 2.25%
The process for redemption is
The AUM of Groww Banking & Financial Services Fund - Regular Plan - Growth is currently ₹36 Crores.
The Top three stocks are HDFC Bank, ICICI Bank and SBI and account for 52% of its portfolio. Top 5 and 10 stocks of fund account for 60% and 74% of fund’s portfolio respectively.
Top three sectors of Groww Banking & Financial Services Fund - Regular Plan - Growth fund are BFSI, Others and Miscellaneous accounting for 100% of the total portfolio.
Since this is a Equity - Sectoral Fund - Banks & Financial Service it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Groww Banking & Financial Services Fund - Regular Plan - Growth Fund is Equity - Sectoral Fund - Banks & Financial Service.
Anupam Tiwari manages the Groww Banking & Financial Services Fund - Regular Plan - Growth Fund.
Groww Banking & Financial Services Fund - Regular Plan - Growth current PE ratio is 24.31 and PB ratio is 3.84
The asset allocation of Groww Banking & Financial Services Fund - Regular Plan - Growth is Stocks : 94.59%, Debt : 5.42% and Gold : 0%
The minimum SIP amount for Groww Banking & Financial Services Fund - Regular Plan - Growth is ₹100.00 and minimum lumpsum is ₹500.00
The exit load for Groww Banking & Financial Services Fund - Regular Plan - Growth is 1% on or before 30 days, Nil after 30 days