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Sectoral / Thematic📊 NIFTY 500 TRI(SEBI default)

Groww Banking and Financial Services Fund · Regular · Growth

Groww Mutual Fund

#67 of 213 (1Y)

NAV

₹12.4825

as of 17 Jun 2026

Expense Ratio

2.35%

AUM

₹62 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+8.01%
3Y
5Y
Since Inception
+9.85%

SIP returns (XIRR)

1Y
+12.78%
3Y
5Y
Since Inception
+10.44%

Beat the benchmark — ₹500/month SIP

Same SIP in this fund vs the benchmark index

This fund

₹14,985

Benchmark

₹14,275

+₹710 extra wealth vs the benchmark index

Backtest this SIP yourself

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹14,000

Invested

₹14,985

Value today

6.0%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹1,186

Value today

7.6%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹6,91,257

Value today

-2.9%

vs lumpsum

Direct lumpsum would have beaten STP by 2.9% — but STP reduced timing risk

Model your own STP with real NAV

Risk Metrics

Trailing 1 year, annualised

0.23

Sharpe Ratio

+0.08

Alpha

0.50

Beta

0.23

Sortino

16.87%

Std Dev

-14.50%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseGroww Mutual Fund
CategorySectoral / Thematic
BenchmarkNIFTY 500 TRI ✓
Launch Date06 Feb 2024
AMFI Code152274
Transaction facts
Min. Lumpsum₹500
Min. SIP₹100
Exit LoadNil

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Groww Banking and Financial Services Fund · Regular · Growth invests in stocks from a specific sector or theme, offering concentrated exposure to a particular area of the economy. These funds carry sector-specific risks but can deliver significant returns when the underlying sector performs well.

About This Fund

Groww Banking and Financial Services Fund · Regular · Growth is a Sectoral / Thematic mutual fund offered by Groww Mutual Fund. The fund has been operational for over 2 years. It manages assets worth ₹62.4 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.35%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations