Groww Banking & Financial Services Fund Regular-IDCW Reinvestment
Equity, Sectoral-Banking, Principal at very high risk
1 Year Return 2.57% at 08 Jun 2026 12:38 PM
Groww Banking & Financial Services Fund Regular-IDCW Reinvestment: Mutual Fund Overview
Groww Banking & Financial Services Fund Regular-IDCW Reinvestment is an Sectoral-Banking mutual fund with over 2.34 years of performance history. The scheme manages an AUM of ₹68.55 Cr and has a NAV of ₹11.8699. It is rated 'Not Rated' stars by analysts. Investors can begin a SIP with as little as ₹500.0, making it accessible for all types of investors. In the last 1 year, the fund has delivered a return of 2.57%.
Fund Details
NAV 11.8699
Sub-Type Sectoral-Banking
Rating Not Rated
Min. SIP Amount ₹500.0
Fund Age(Year) 2.34
Fund Size(in Crores) 68.55
Fund Performance
1 Month -2.68%
3 Month 2.06%
6 Month -0.91%
1 Year 2.57%
3 Year 0.0%
5 Year 0.0%
Know This Fund
As on 08 Jun 2026
Investment strategy that balances risk & reward by dividing the investment portfolio among different types of asset classes.
Equity (97.08%) Market Cap Large Cap 39.15 Mid Cap 21.21 Small Cap 36.72 Top Sectors Financial 79.73 Services 14.3 Insurance 3.06 Top Holding Aditya Birla Capital 3.16 Angel One 2.22 Arman Financial Services 1.53 Axis Bank 4.16 Bajaj Finance 4.13 Bank of Baroda 2.04 BSE 5.31 City Union Bank 1.87 CreditAccess Grameen 1.85 Fedbank Financial Services 2.21 Five-Star Business Finance 1.8 Home First Finance Company India 2.96 ICICI Bank 7.5 India Shelter Finance Corporation 3.15 Karur Vysya Bank 2.1 Kotak Mahindra Bank 2.93 L&T Fin 3.17 Max Financial Services 2.36 MCX 4.99 Muthoot Microfin 1.62 Nippon Life India Asset Management 2.28 Northern ARC Capital 1.72 PB Fintech 2.49 Prudent Corporate Advisory Services 2.95 SBFC Finance 3.55 SBI Life Insurance Company 2.12 Shriram Finance 2.71 Star Health and Allied Insurance Company 0.93 State Bank of India 5.76 TBO Tek 1.51 The Federal Bank 2.76 The Jammu & Kashmir Bank 0.99 Ujjivan Small Finance Bank 3.75 Union Bank of India 2.49
Debt & Others (2.92%) Sector Allocation Net Receivables 2.92 Debt Credit Ratings Debt Category Others 2.92
Comparison with same funds
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & Financial Services Fund Regular-Growth Ret 1M -3.34% Ret 1Y -1.21% Ret 3Y 11.01% Ret 5Y 10.22%
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & Financial Services Fund Regular-IDCW Ret 1M -3.34% Ret 1Y -1.21% Ret 3Y 11.01% Ret 5Y 10.22%
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & Financial Services Fund Regular-IDCW Reinvestment Ret 1M -3.34% Ret 1Y -1.21% Ret 3Y 11.01% Ret 5Y 10.22%
Equity, Flexi Cap funds Axis Nifty Bank Index Fund Regular-Growth Ret 1M -0.02% Ret 1Y -2.51% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Axis Nifty Bank Index Fund Regular-IDCW Payout Ret 1M -0.02% Ret 1Y -2.51% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Axis Nifty Bank Index Fund Regular-IDCW Reinvestment Ret 1M -0.02% Ret 1Y -2.51% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bajaj Finserv Banking And Financial Services Fund Regular-Growth Ret 1M -1.31% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bajaj Finserv Banking And Financial Services Fund Regular-IDCW Payout Ret 1M -1.31% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bajaj Finserv Banking And Financial Services Fund Regular-IDCW Reinvestment Ret 1M -1.31% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bandhan Financial Services Fund Regular-Growth Ret 1M -2.53% Ret 1Y -4.18% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bandhan Financial Services Fund Regular-IDCW Ret 1M -2.53% Ret 1Y -4.18% Ret 3Y 0% Ret 5Y 0%
Charges & Taxes Expense Ratio
Returns are taxed as per your Income Tax Slab.
Expense Ratio (Inclusive of GST): 3.02%
Exit Load 1.0%
Stamp Duty 0.005%
Fund Management
The various expenses, charges and taxes associated with your Mutual Fund
Saptarshee Chatterjee
Education CFA Level 3, PGDM (Finance), BE (E.T.C.E) from Jadavpur University.
Experience Prior to joining Groww MF he was associated with Centrum Wealth Management Limited & Edelweiss Financial Services Limited.
Gagan Thareja
Education Master of Finance
Experience Prior to joining the Groww MF, he was associated with ASK Investment Managers, Kotak Investment Advisors Ltd.
Anupam Tiwari
Education Mr. Tiwari is a Chartered Accountant.
Experience Prior to joining Groww Mutual Fund (formerly, Indiabulls Mutual Fund), he was associated with Axis Mutual Fund, Principal Mutual Fund (July 25, 2011-Sep 21, 2016), Reliance Life Insurance Ltd. (Sep 22, 2010-Jul 15, 2011) and Reliance MF (Mar 21, 2005-Sep 21, 2010).
Riskometer
Mutual Fund Investments are subject to market risk. Read all scheme related documents carefully.
Principal at very high risk
AMC and Fund details
Rank (total sets) 3
Date of Incorporation 2024-02-06
Total AUM 4910.34
The Scheme Seeks to generate returns from a portfolio of pure debt oriented funds accessed through the diverse investment styles of underlying schemes selected in accordance with the BSLAMC process.
Take Your Next Step
Groww Banking & Financial Services Fund Regular-IDCW Reinvestment FAQs
How to invest in Groww Banking & Financial Services Fund Regular-IDCW Reinvestment?
Investing in Groww Banking & Financial Services Fund Regular-IDCW Reinvestment through Motilal Oswal is simple and completely online. You just need to follow the step-by-step process below to get started in a few minutes.
- Log in to your Motilal Oswal account via the app or website
- Go to the Mutual Funds section
- Search for Groww Banking & Financial Services Fund Regular-IDCW Reinvestment in the search bar
- Select your preferred investment mode – Lumpsum or SIP
- Enter investment details such as amount and linked bank account
- Complete your KYC, if not already done
- Review and confirm details including fund name, plan type, amount, and bank account
- Make the payment using Net Banking, UPI, or other available options
- Receive transaction confirmation via email or SMS
What is the expense ratio of Groww Banking & Financial Services Fund Regular-IDCW Reinvestment?
The term expense ratio for Groww Banking & Financial Services Fund Regular-IDCW Reinvestment or any other mutual fund is the annual fee charged by the fund house for managing your investment scheme. The expense ratio of Groww Banking & Financial Services Fund Regular-IDCW Reinvestment is 3.02% as of 08 Jun 2026.
What is the NAV of Groww Banking & Financial Services Fund Regular-IDCW Reinvestment?
The NAV of Groww Banking & Financial Services Fund Regular-IDCW Reinvestment is ₹11.8699 as of 08 Jun 2026.
What is the AUM of Groww Banking & Financial Services Fund Regular-IDCW Reinvestment?
The AUM (Assets Under Management) of Groww Banking & Financial Services Fund Regular-IDCW Reinvestment is the total value of assets managed by the fund at a given time, which is updated regularly. The AUM of Groww Banking & Financial Services Fund Regular-IDCW Reinvestment is ₹68.55 Cr as of 08 Jun 2026.
What is the PE and PB ratio of Groww Banking & Financial Services Fund Regular-IDCW Reinvestment?
The PE ratio of Groww Banking & Financial Services Fund Regular-IDCW Reinvestment shows how much investors are paying for the fund's underlying earnings, while the PB ratio indicates how the fund's holdings are valued compared to their book value.
Can I invest in SIP and Lump Sum in Groww Banking & Financial Services Fund Regular-IDCW Reinvestment?
Yes, you can invest in Groww Banking & Financial Services Fund Regular-IDCW Reinvestment through both SIP (Systematic Investment Plan) and lump sum options, depending on your investment preference and financial goals.
What is the return of Groww Banking & Financial Services Fund Regular-IDCW Reinvestment in the last 5 years?
The return of Groww Banking & Financial Services Fund Regular-IDCW Reinvestment in the last 5 years is 0.0%.
What is the minimum SIP investment required in Groww Banking & Financial Services Fund Regular-IDCW Reinvestment?
The minimum SIP investment in Groww Banking & Financial Services Fund Regular-IDCW Reinvestment depends on the fund's scheme rules and usually starts at a small amount. For Groww Banking & Financial Services Fund Regular-IDCW Reinvestment, the minimum SIP amount is ₹500.0.
What is the current NAV of Groww Banking & Financial Services Fund Regular-IDCW Reinvestment?
The NAV of Groww Banking & Financial Services Fund Regular-IDCW Reinvestment, as of 08 Jun 2026, is ₹11.8699.
Who manages the Groww Banking & Financial Services Fund Regular-IDCW Reinvestment?
The fund managers responsible for Groww Banking & Financial Services Fund Regular-IDCW Reinvestment are:
- Saptarshee Chatterjee
- Gagan Thareja
- Anupam Tiwari