Groww Banking & Financial Services Fund Overview
Category Banking and Financial Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 19-11-2024
NAV ₹10.73(R) +0.3% ₹10.9(D) +0.3%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) -% -% -% -% -%
LumpSum (D) -% -% -% -% -%
SIP (R) -% -% -% -% -%
SIP (D) -% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
Top Banking and Financial Fund
Fund Name Rank Rating
Invesco India Financial Services Fund 1
Sbi Banking & Financial Services Fund 2
Sundaram Financial Services Opportunities Fund 3

NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
Groww Banking & Financial Services Fund - Regular - Growth 10.73
0.0300
0.3000%
Groww Banking & Financial Services Fund - Regular Plan - IDCW 10.73
0.0300
0.3000%
Groww Banking & Financial Services Fund - Direct Plan - Growth 10.9
0.0300
0.3000%
Groww Banking & Financial Services Fund-IDCW 10.9
0.0300
0.3000%

Review Date: 19-11-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It reflects the surge in the investment's value throughout the investment period, communicated as a percentage or a specific monetary sum. Our analysis encompassed three return parameters of this fund. We have organized the return parameters into three performance groups for evaluation: the top 25%, parameters that rank below the top 25% but above average, and parameters that are below average. Below, you'll find a breakdown of how each parameter has performed.
    1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
    2. Above Average Below the Top 25%: The Groww Banking & Financial Services Fund has one return parameter in the category, which is above average but below the top 25%, as shown below:
      • 3M Return %
    3. Below Average: Groww Banking & Financial Services Fund has two return parameters that are below average in the category, which are listed below:
      • 6M Return %
      • 1M Return %
  2. Risk: It signifies the potential for financial loss or the failure to achieve anticipated returns due to diverse elements. We have analyzed zero risk parameters of Groww Banking & Financial Services Fund, and divided it into three groups the lowest 25%, below average but above the lowest 25%, and above average. More details are provided below.
    1. Lowest 25%: Groww Banking & Financial Services Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Groww Banking & Financial Services Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Groww Banking & Financial Services Fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -3.71
-3.48
-4.92 | -2.51 14 | 21 Average
3M Return % 1.05
0.45
-9.40 | 4.83 10 | 21 Good
6M Return % 4.75
6.45
-7.68 | 11.61 16 | 20 Poor
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -3.56 -3.38 -4.80 | -2.43 13 | 21
3M Return % 1.55 0.79 -9.03 | 5.24 9 | 21
6M Return % 5.77 7.18 -6.92 | 12.46 15 | 20
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.30 ₹ 10,030.00 0.30 ₹ 10,030.00
1W -1.40 ₹ 9,860.00 -1.36 ₹ 9,864.00
1M -3.71 ₹ 9,629.00 -3.56 ₹ 9,644.00
3M 1.05 ₹ 10,105.00 1.55 ₹ 10,155.00
6M 4.75 ₹ 10,475.00 5.77 ₹ 10,577.00
1Y ₹ ₹
3Y ₹ ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 ₹ ₹
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Groww Banking & Financial Services Fund NAV Regular Growth Groww Banking & Financial Services Fund NAV Direct Growth
19-11-2024 10.7346 10.8994
18-11-2024 10.7026 10.8664
14-11-2024 10.7137 10.8754
13-11-2024 10.646 10.8061
12-11-2024 10.887 11.0502
11-11-2024 11.0047 11.1689
08-11-2024 10.9669 11.1289
07-11-2024 11.0615 11.2243
06-11-2024 11.1362 11.2994
05-11-2024 11.1126 11.2749
04-11-2024 10.9703 11.1299
31-10-2024 11.0812 11.2401
30-10-2024 11.0929 11.2513
29-10-2024 11.2511 11.4112
28-10-2024 11.0188 11.175
25-10-2024 10.9422 11.0955
24-10-2024 11.079 11.2337
23-10-2024 11.0511 11.2048
22-10-2024 10.9567 11.1084
21-10-2024 11.1477 11.3015

Fund Launch Date: 06/Feb/2024
Fund Category: Banking and Financial Fund
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 financialservices companies and other related sectors/companies. The fund aims to capitalize on the growth opportunities and growth potential of various sub-sectors within the BFSIsector, including (but not limited to) banks, NBFCs, insurance companies, asset management companies, capital market participants, fintech players etc. (This includescompanies benefiting from or contributing to the growth of the banking and financial services sector). However, there is no assurance or guarantee that the investmentobjective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns
Fund Description: An open ended equity scheme investing in banking and financial services related sectors
Fund Benchmark: Nifty Financial Services Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.