- AMC
- Groww Mutual Fund
- Category
- Sectoral Fund
- ISIN
- INF666M01HQ5
Groww Banking & Financial Services Fund
₹12.1947
−₹0.0866 (−0.71%)
NAV · Regular · IDCW ·
Groww Banking & Financial Services Fund's Regular IDCW NAV was ₹12.1947 on 19 Oct 2026, down 0.71% on the day. Its 1-year return is 2.75%.
- Expense ratio
- 2.95%
- Fund size
- ₹69.68 Cr
- Min. investment
- ₹500
NAV history
Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹10.5189 to ₹13.3048.
Regular · IDCW plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.
Fund details
- Expense ratio
- 2.95% (Regular)
- Exit load
- 1.00% if redeemed within 30 days from allotment, nil thereafter
- Riskometer
- Very high
- Benchmark
- Nifty Financial Services - Total Return Index
- Launched
- 17 Jan 2024
- Fund managers
- Hitesh Das, Nikhil Satam, Anupam Tiwari, Saptarshee Chatterjee
Fund size, expense ratio and minimums as of 16 Oct 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF666M01HS1 | ₹12.8431 | −0.69% | 1.09% | +4.71% |
| Regular · Growth | INF666M01HP7 | ₹12.1947 | −0.71% | 2.95% | +2.75% |
| Regular · IDCW | INF666M01HQ5 | ₹12.1947 | −0.71% | 2.95% | +2.75% |
| Regular · IDCW | INF666M01HT9 | ₹12.8422 | −0.69% | — | +4.71% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
Armor risk check
Groww Banking & Financial Services Fund moves about as much as the market
Volatility, past year
Worst fall, past year
Compared with the Nifty 500 over the past 12 months.
Check it against your portfolio in the appAbout this fund
Groww Banking & Financial Services Fund is an open-ended mutual fund from Groww Mutual Fund, in the Sectoral Fund category. It began on 17 Jan 2024. It is benchmarked to the Nifty Financial Services - Total Return Index. The fund manages ₹69.68 Cr across its plans as of 16 Oct 2026. The Regular · IDCW plan has an expense ratio of 2.95%. The minimum first investment is ₹500, and SIPs are available.
FAQs
What is the NAV of Groww Banking & Financial Services Fund?
The NAV of Groww Banking & Financial Services Fund (Regular · IDCW) was ₹12.1947 on 19 Oct 2026, down 0.71% from the previous NAV.
What plans does Groww Banking & Financial Services Fund have?
Groww Banking & Financial Services Fund has 4 plans: Direct · Growth; Regular · Growth; Regular · IDCW; Regular · IDCW.
What is the expense ratio of Groww Banking & Financial Services Fund?
The Regular · IDCW plan of Groww Banking & Financial Services Fund has an expense ratio of 2.95%.
What is the fund size (AUM) of Groww Banking & Financial Services Fund?
Groww Banking & Financial Services Fund manages ₹69.68 Cr across all plans as of 16 Oct 2026.
What returns has Groww Banking & Financial Services Fund delivered?
Groww Banking & Financial Services Fund returned +2.75% over 1Y. Past performance does not guarantee future returns.
What is the exit load of Groww Banking & Financial Services Fund?
Groww Banking & Financial Services Fund: 1.00% if redeemed within 30 days from allotment, nil thereafter.
What is the minimum investment and SIP amount for Groww Banking & Financial Services Fund?
The minimum first investment in Groww Banking & Financial Services Fund is ₹500, and ₹500 after that. SIPs are available (SIP available Daily (min Rs.100, 180 instalments), Weekly (min Rs.100, 24 instalments), Monthly (min Rs.500, 12 instalments), Quarterly (min Rs.500, 4 instalments). Default date 15th of month/quarter.).
How risky is Groww Banking & Financial Services Fund?
Groww Banking & Financial Services Fund is rated "very high risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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