Primarily market-linked growth exposure
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). However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
Equity and equity related instruments of companies engaged in financial services sector - 80% to 100% Other Equity & Equity related instruments - 0% to 20% Debt & Money market instruments - 0% to 20 % Units of REIT'S & INVIT'S - 0% to 10%
- SEBI category
- Thematic/Sectoral Scheme
- Fund type
- Open Ended
- Primary benchmark
- Nifty Financial Services - Total Return Index
- Secondary benchmark
- -
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Anupam Tiwari (Head- Equity) , Mr. Saptarshee Chatterjee (Assistant Fund Manager - Equity), Mr. Gagan Thareja (Fund Manager - Equity), Mr. Nikhil Satam (Fund Manager & Dealer - Equity)
- Manager tenure on this scheme
- Since Anupam Tiwari - Since inception of the scheme till date , Mr. Saptarshee Chatterjee - February 24, 2025, Mr. Gagan Thareja - January 20, 2026, Mr. Nikhil Satam - July 22, 2026
- Role / co-management
- Comanage (Equity Segment) , Assistant Fund Manager (Equity Segment), Comanage (Equity Segment), Comanage (Equity Segment)
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Groww Banking & Financial Services Fund - Direct Plan - Growth | ₹13.8041 | 04 Sep 2026 |
| Groww Banking & Financial Services Fund - Direct Plan - Income Distribution cum capital withdrawal | ₹13.8032 | 04 Sep 2026 |
| Groww Banking & Financial Services Fund - Regular Plan - Growth | ₹13.1352 | 04 Sep 2026 |
| Groww Banking & Financial Services Fund - Regular Plan - Income Distribution cum capital withdrawal | ₹13.1352 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 3.05%, Direct 1.19%
- Exit load
- • For redemption / switch-out of units on or before 30 days from the date of allotment: 1.00% of applicable NAV • For redemption / switch-out of units after 30 days from the date of allotment: Nil
- Minimum application
- 500 · multiples of Re.1
- SIP frequency
- SIP - Daily, Weekly, Monthly, Quarterly STP - Daily, Weekly, Monthly, Quarterly SWP - Monthly, Quarterly
- Minimum SIP amount
- SIP - 100, 100,500,500 STP - 500, 500, 500, 500 SWP - 500, 1500
- Minimum instalments
- SIP - 180, 24, 12, 4 STP - 6,6,6,6 SWP - 12, 4
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.
