Groww Banking & Financial Services Fund Overview
Category Banking and Financial Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 17-01-2025
NAV ₹10.28(R) -1.01% ₹10.47(D) -1.0%
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: 17-01-2025

Scheme Name NAV Rupee Change Percent Change
Groww Banking & Financial Services Fund - Regular - Growth 10.28
-0.1000
-1.0100%
Groww Banking & Financial Services Fund - Regular Plan - IDCW 10.28
-0.1000
-1.0100%
Groww Banking & Financial Services Fund - Direct Plan - Growth 10.47
-0.1100
-1.0000%
Groww Banking & Financial Services Fund-IDCW 10.47
-0.1100
-1.0000%

Review Date: 17-01-2025

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%: The fund does not have any return parameter in the top 25% in the category.
    2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
    3. Below Average: Three return parameters of the fund are below average in the category, which are listed below:
      • 6M Return %
      • 3M Return %
      • 1M Return %
  2. Risk: It refers to the chance of suffering a financial loss or not reaching the expected profits due to a variety of circumstances. Zero risk parameters of the fund are divided 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: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For Groww Banking & Financial Services Fund, we have evaluated zero risk-adjusted performance parameters.
    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 % -9.39
-7.15
-9.39 | -3.13 21 | 21 Poor
3M Return % -6.81
-5.62
-7.74 | -3.74 18 | 21 Average
6M Return % -5.99
-5.05
-12.76 | 0.23 14 | 21 Average
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -9.24 -7.04 -9.24 | -3.00 21 | 21
3M Return % -6.36 -5.30 -7.42 | -3.35 18 | 21
6M Return % -5.07 -4.39 -12.04 | 0.98 12 | 21
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -1.01 ₹ 9,899.00 -1.00 ₹ 9,900.00
1W -0.90 ₹ 9,910.00 -0.87 ₹ 9,913.00
1M -9.39 ₹ 9,061.00 -9.24 ₹ 9,076.00
3M -6.81 ₹ 9,319.00 -6.36 ₹ 9,364.00
6M -5.99 ₹ 9,401.00 -5.07 ₹ 9,493.00
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
17-01-2025 10.28 10.4707
16-01-2025 10.3844 10.5764
15-01-2025 10.29 10.4797
14-01-2025 10.2358 10.424
13-01-2025 10.0779 10.2627
10-01-2025 10.3737 10.5622
09-01-2025 10.5709 10.7624
08-01-2025 10.6826 10.8756
07-01-2025 10.8411 11.0363
06-01-2025 10.7394 10.9322
03-01-2025 11.0095 11.2054
02-01-2025 11.1549 11.3528
01-01-2025 11.0477 11.2431
31-12-2024 10.9868 11.1805
30-12-2024 11.0497 11.2439
27-12-2024 11.0167 11.2086
26-12-2024 11.029 11.2204
24-12-2024 10.9997 11.1894
23-12-2024 10.9992 11.1884
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

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.