Groww Banking & Financial Services Fund
NAV
₹13.21
as of 6 Oct 2026
Groww Banking & Financial Services Fund is an open-ended Sectoral/ Thematic scheme from Groww Mutual Fund managing ₹91 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹13.21 as of 6 Oct 2026. The expense ratio is 1.09% a year. Managed by Anupam Tiwari. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.09% / yr
- as of 31 Aug 2026
- Fund size
- ₹91 crore
- as of 31 Aug 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 7 Feb 2024
- ISIN
- INF666M01HS1
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 5 Oct 2026Benchmark: Nifty Financial Services TRI
Groww Banking & Financial Services Fund
₹132
+32% on ₹100 over 2.7 yrs
Sectoral/ Thematic average
₹124
+24% on ₹100 over 2.7 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -2.64% | – | – |
| 6 months | 8.38% | – | – |
| 1 year | 9.42% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- -3.0%
- Median
- 9.9%
- Best
- 25.6%
21 windows over the last 32 months, stepped monthly; 95% ended positive. Worst window began 1 Mar 2024. Windows overlap – this is the range of past start dates, not a probability of anything.
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Right now
-6.2% below peak
Where the money actually is
Equity
95.8%
Cash
4.2%
Whole-portfolio split, as of 31 Aug 2026.
What it owns
39 positions · top 10 = 41.0%
Market-cap mix
Large 24.7%Mid 28.4%Small 39.8%Other 7.1%
as of 31 Aug 2026
Holdings by sector
Financial Services(7 in top 10)85.2%
- ICICI Bank Ltd6.57%
- Axis Bank Ltd4.59%
- Multi Commodity Exchange of India Ltd4.54%
- HDFC Bank Ltd3.96%
- Ujjivan Small Finance Bank Ltd Ordinary Shares3.64%
- Shriram Finance Ltd3.38%
- OnEMI Technology Solutions Ltd3.33%
Technology(1 in top 10)6.2%
- One97 Communications Ltd3.74%
Consumer Cyclical(1 in top 10)4.4%
- CarTrade Tech Ltd3.97%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Aug 2026. Portfolio turnover 123.8% a year.
Other top holdings
- Treps 01-Sep-2026matures 1 Sep 20263.87%
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The businesses it owns
- P/E (trailing)
- 24.5
- P/B
- 3.1
- Dividend yield
- 0.7%
- Net margin
- 28.1%
- Earnings growth
- 15.4%
- Avg market cap
- ₹61,463 crore
Money in, money out
- Net flow, 12 months
- +₹23 cr
- Net flow, 3 months
- +₹13 cr
as of 31 Aug 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Groww Banking & Financial Services Fund?
- ₹13.21 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Groww Banking & Financial Services Fund?
- 1.09% a year for the Direct plan, as of 31 Aug 2026.
- How large is Groww Banking & Financial Services Fund?
- ₹91 crore under management as of 31 Aug 2026, in the Sectoral/ Thematic category.
- How risky is Groww Banking & Financial Services Fund?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- Who manages Groww Banking & Financial Services Fund?
- Anupam Tiwari, managing this fund for 2.6 years.
Where this fund sits
Its shelf, all funds
St · Sectoral / thematic →
One sector, one story. The most-launched shelf on the map, by far.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Sectoral/ Thematic funds
- ICICI Prudential India Opportunities Fund₹38,338 crore
- ICICI Prudential Business Cycle Fund₹15,873 crore
- ICICI Prudential Technology Fund₹13,661 crore
- HDFC Defence Fund₹11,478 crore
- LIC MF Technology Fund₹95 crore
- Motilal Oswal Special Opportunities Fund₹92 crore
- WhiteOak Capital ESG Best-In-Class Strategy Fund₹54 crore
- THE WEALTH COMPANY ETHICAL FUND₹40 crore
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty Financial Services TRI) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.