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Groww Banking & Financial Services Fund - Investment Information
- Equity
- Banking & Financial
- Very High
-
₹9.76
(0.52%)
Current NAV 06-03-2025
-
-3.02%
Returns
-
Min. SIP ₹500
Min. Investment ₹500
Fund Suitability Test
Investment Objective
The primary investment objective of the scheme is 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. (This includes companies benefiting from or contributing to the growth of the banking and financial services sector).
Basic Details
Key Information About Investing Details.
- CategoryBanking & Financial
- KRAKARVY
- Inv. PlanGrowth
- Launched In04-Feb-24
- BenchmarkNIFTY Financial Services TRI
- Fund TypeOpen Ended
- Fund HouseGroww Mutual Fund
Investment Details
Check the Fund’s General Information
- Fund size46.43 Cr.
- Min. Investment₹500
- Min. Sip Inv.₹500
- Min. Addl Inv.₹500
- Expense Ratio2.3%
- Turn over3%
- Exit LoadData not available.
Fund Managers
Details of Managers and their Experience
Fund Manage : 1
Total AUM. : ₹125 Cr.
AMC Office Information
Registered Office of Mutual Fund Company
- AMCGroww Mutual Fund
- Emailiro@growwmf.in
- Office No8050180222
- Websitehttps://www.growwmf.in
- AddressFloor 12 A, Tower 2 A, One World Centre, Jupiter Mills Compound Senapati Bapat Marg, Mumbai 400013
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Chat with usFrequently Asked Questions
What is a mutual fund?
In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.
What are the benefits of investing in funds?
Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.
Do mutual funds generate income?
Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.
How many types of mutual funds are there?
There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds
Who gets your money in mutual funds?
The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.
