| Your Current Location : Fund Card : Fund Summary |
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| Groww Banking & Financial Services Fund Reg (G) |
| [Equity: Sectoral] |
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| Fund Details |
| Fund Type |
Growth |
Launch Date |
16 Jan 2024 |
| Corpus(Cr.) |
46.0 |
Scheme NAV |
11.0395 |
| Equity(%) |
96.82 |
52 Week High |
11.5258 |
| Debt(%) |
3.18 |
52 Week Low |
9.8055 |
| Others(%) |
0.0 |
Exit Load |
1% for redemption within 30 days |
| Minimum Investment |
- |
Availability |
Open |
| Entry Load |
- |
Expense Ratio(%) |
2.30 |
| Scheme Benchmark |
NSE - Nifty Financial Services TRI |
Broader Benchmark |
CRISIL 1 Year T-Bill Index |
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| Scheme Objective |
| The scheme seeks 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. |
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