Groww Banking & Financial Services Fund - Regular Plan - IDCW
Fund House: Groww Mutual Fund| Category: Equity: Sectoral-Banking and Financial Services |
| Launch Date: 07-02-2024 |
| Asset Class: |
| Benchmark: NIFTY Financial Services TRI |
| TER: 2.3% As on (30-11-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 48 Cr As on 30-11-2024(Source:AMFI) |
| Turn over: 3% | Exit Load: 1% if redeemed / switched out of units on or before 30 days from the date of allotment. NIL - after 30 days from the date of allotment. |
10.954
-0.21 (-1.9445%)
10.02%
Benchmark: 17.53%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY Financial Services TRI
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment 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.
Current Asset Allocation (%)
Indicators
| Standard Deviation | - |
| Sharpe Ratio | - |
| Alpha | - |
| Beta | - |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
Scheme Characteristics
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
18.88%
Others
3.23%
Large Cap
65.55%
Mid Cap
12.02%
