Groww Banking & Financial Services Fund Overview
Category Banking and Financial Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 20-12-2024
NAV ₹10.95(R) -1.91% ₹11.14(D) -1.9%
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
Baroda BNP Paribas Banking & Financial Services Fund 3

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
Groww Banking & Financial Services Fund - Regular - Growth 10.95
-0.2100
-1.9100%
Groww Banking & Financial Services Fund - Regular Plan - IDCW 10.95
-0.2100
-1.9100%
Groww Banking & Financial Services Fund - Direct Plan - Growth 11.14
-0.2200
-1.9000%
Groww Banking & Financial Services Fund-IDCW 11.14
-0.2200
-1.9000%

Review Date: 20-12-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It captures the increment in the investment's value during the investment period, articulated as either a percentage or a monetary denomination. We carefully examined three return parameters of this fund to gauge its performance. The return parameters have been divided into three performance groups: the top 25%, parameters below the top 25% but exceeding the average, and parameters below the average mark. Please find the detailed analysis below.
    1. Top 25%: Two return parameters of the Groww Banking & Financial Services Fund are in the top 25% in the category, as listed below:
      • 1M Return %
      • 3M Return %
    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 listed below:
      • 6M Return %
    3. Below Average: Groww Banking & Financial Services Fund has no return parameters that are below average in the category.
  2. Risk: It is defined as the prospect of not attaining expected yields or enduring financial setbacks due to numerous causes. For Groww Banking & Financial Services Fund, we have analyzed zero risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described 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 % 2.60
1.79
0.28 | 3.45 6 | 21 Very Good
3M Return % -4.26
-6.15
-11.67 | -1.46 4 | 21 Very Good
6M Return % 1.50
0.95
-9.76 | 6.35 8 | 20 Good
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 2.75 1.90 0.35 | 3.59 6 | 21
3M Return % -3.80 -5.83 -11.31 | -1.00 4 | 21
6M Return % 2.50 1.64 -9.02 | 7.06 8 | 20
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -1.91 ₹ 9,809.00 -1.90 ₹ 9,810.00
1W -4.63 ₹ 9,537.00 -4.59 ₹ 9,541.00
1M 2.60 ₹ 10,260.00 2.75 ₹ 10,275.00
3M -4.26 ₹ 9,574.00 -3.80 ₹ 9,620.00
6M 1.50 ₹ 10,150.00 2.50 ₹ 10,250.00
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
20-12-2024 10.954 11.1406
19-12-2024 11.167 11.3566
18-12-2024 11.2289 11.4189
17-12-2024 11.3458 11.5372
16-12-2024 11.4713 11.6642
13-12-2024 11.4857 11.677
12-12-2024 11.472 11.6625
11-12-2024 11.5076 11.698
10-12-2024 11.5268 11.7169
09-12-2024 11.4985 11.6875
06-12-2024 11.4616 11.6481
05-12-2024 11.4273 11.6127
04-12-2024 11.3146 11.4975
03-12-2024 11.2107 11.3914
02-12-2024 11.1073 11.2857
29-11-2024 11.0815 11.2577
28-11-2024 11.0274 11.2021
27-11-2024 11.0627 11.2374
26-11-2024 11.0395 11.2132
25-11-2024 11.0049 11.1775
22-11-2024 10.807 10.9747
21-11-2024 10.6769 10.842

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.