GMP IPO Watch
Groww Banking & Financial Services Fund
Direct Plan · Growth · Groww Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.27% | -0.36% | 67 of 255 |
| 1M | -4.74% | -4.08% | 171 of 254 |
| 3M | -3.68% | -3.35% | 109 of 251 |
| 6M | +6.58% | +4.32% | 86 of 251 |
| YTD | +5.68% | -0.55% | 61 of 255 |
| 1Y | +8.89% | +0.51% | 40 of 228 |
| 2Y | +8.69% | -0.66% | 14 of 183 |
| INCEPTION | +10.93% | — | — |
Ranked among: Equity Scheme - Sectoral/ Thematic.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +3.44% | +21.90% | -15.40% | 73% | 29% |
| 6M | +5.97% | +25.11% | -11.92% | 82% | 34% |
| 1Y | +10.86% | +27.81% | -3.05% | 97% | 42% |
| 2Y | +10.32% | +13.65% | +4.41% | 100% | 44% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity95.18%
- Debt0.00%
- Cash4.81%
- Other0.01%
Market Cap Split
- Large Cap20.22%
- Mid Cap26.04%
- Small Cap48.92%
- Others4.82%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 24.49 | 18.74 |
| P/B | 3.07 | 2.42 |
| Price / Sales | 5.20 | 4.12 |
| Dividend Yield (%) | 0.65 | 1.12 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Kotak Bank | Banks | 4.63% | — |
| Axis Bank | Banks | 4.46% | -0.13% |
| TREPS 01-OCT-2026 | Reverse Repo / TREPS | 4.34% | — |
| MCX | Capital Markets | 4.21% | -0.33% |
| CarTrade Tech | Retailing | 4.18% | +0.21% |
| Ujjivan Small Finance Bank | Banks | 4.00% | +0.36% |
| Manipal Payment and Identity Solutions | Financial Technology (Fintech) | 3.78% | — |
| OnEMI Technology Solutions | Finance | 3.62% | +0.29% |
| One 97 Communications | Financial Technology (Fintech) | 3.10% | -0.64% |
| Shriram Finance | Finance | 2.99% | -0.39% |
| RBL Bank | Banks | 2.92% | -0.33% |
| Piramal Finance | Finance | 2.92% | -0.21% |
| State Bank of India | Banks | 2.92% | — |
| Prudent Corporate Advisory Services | Capital Markets | 2.91% | +0.00% |
| ICICI Prudential Asset Management | Capital Markets | 2.71% | -0.20% |
View all 43 holdings
| Pine Labs | Financial Technology (Fintech) | 2.70% | +0.29% |
| Nuvama Wealth Management | Capital Markets | 2.68% | +0.58% |
| Bajaj Finance | Finance | 2.51% | -0.75% |
| Aditya Birla Capital | Finance | 2.49% | -0.29% |
| Tamilnad Mercantile Bank | Banks | 2.27% | +0.67% |
| L&T Finance | Finance | 2.15% | -0.46% |
| Gaja Alternative Asset Management | Capital Markets | 2.15% | +0.06% |
| SBFC Finance | Finance | 2.11% | -0.77% |
| AU Small Finance Bank | Banks | 2.10% | -0.56% |
| Aye Finance | Finance | 2.08% | +0.39% |
| Angel One | Capital Markets | 1.97% | +0.36% |
| Max Financial Services | Insurance | 1.91% | +0.14% |
| Home First Finance Company | Finance | 1.81% | -0.44% |
| Indusind Bank | Banks | 1.76% | -0.58% |
| PB FinTech | Financial Technology (Fintech) | 1.70% | -1.01% |
| India Shelter Finance | Finance | 1.59% | -0.33% |
| Canara HSBC Life Insurance Company | Insurance | 1.54% | +0.60% |
| Motilal Oswal Financial Services | Capital Markets | 1.43% | — |
| Arman Financial Services | Finance | 1.36% | — |
| City Union Bank | Banks | 1.34% | -0.27% |
| Nippon Life India AMC | Capital Markets | 1.26% | -0.37% |
| Jammu & Kashmir Bank | Banks | 1.21% | -0.31% |
| Karur Vysya Bank | Banks | 1.10% | -0.29% |
| Credit Access Grameen | Finance | 0.92% | +0.12% |
| Asset Reconstruction Company | Finance | 0.68% | — |
| SBI Funds Management | Capital Markets | 0.64% | -0.20% |
| Net Receivable/Payable | Net Current Assets | 0.47% | — |
| Nykaa | Retailing | 0.37% | -0.10% |
Sector Allocation · Sep 2026
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 16.64 | 23.03 | Low Volatility |
What is this?
Risk as measured by standard deviation is a statistical measure that quantifies the amount of variation or dispersion in a set of data points relative to its mean (average).
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.36 | -0.05 | Good Risk Adjusted Returns |
What is this?
Higher the value means that fund has been able to give better returns for the amount of risk taken. It helps investors understand the return of an investment compared to its risk, showing whether the returns are due to intelligent investing or simply taking on excess risk. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns.
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.56 | -0.06 | Good Risk Adjusted Returns |
What is this?
The Sortino Ratio is a financial metric used to measure the risk-adjusted return of an investment. It's a modification of the Sharpe Ratio but with a key difference; it only considers downside risk (the risk of negative returns), rather than total volatility. This means it focuses on how well an investment performs relative to the volatility that leads to losses, ignoring the volatility that results in gains. The idea is that investors are primarily concerned with minimizing losses, and positive volatility is generally seen as a good thing.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.94 | 1.04 | Good Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Regular Plan · IDCW option
|
+123.07% | +59.90% | — | +31.83% |
|
Nippon India Japan Equity Fund
Regular Plan · Bonus Option
|
+27.88% | +22.63% | +10.31% | +9.06% |
|
Motilal Oswal Active Momentum Fund
Direct Plan · Growth
|
+27.05% | — | — | +28.57% |
|
Franklin Asian Equity Fund
Regular Plan · IDCW
|
+26.88% | +19.82% | +5.14% | +4.21% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · IDCW Option
|
+21.72% | +29.03% | — | +29.03% |
|
Motilal Oswal Special Opportunities Fund
Direct Plan · Growth
|
+21.57% | — | — | +21.90% |
|
Kotak Healthcare Fund
Regular Plan · IDCW Option
|
+20.89% | — | — | +19.24% |
|
Edelweiss Recently Listed IPO Fund
Regular Plan · Growth
|
+19.73% | +15.78% | +9.23% | +14.81% |
|
PGIM India Healthcare Fund
Direct Plan · Direct IDCW
|
+19.42% | — | — | +10.57% |
|
Union Active Momentum Fund
Direct Plan · Growth Option
|
+19.18% | — | — | +1.71% |
More From Groww Asset Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Groww Silver ETF | +33.99% | — | — | +76.13% |
|
Groww Silver ETF FOF
Direct Plan · Income Distribution cum capital withdrawal
|
+30.08% | — | — | +72.45% |
| Groww Gold ETF | +20.73% | — | — | +35.97% |
|
Groww Gold ETF FOF
Direct Plan · Income Distribution cum capital withdrawal
|
+19.64% | — | — | +36.72% |
|
Groww Multicap Fund
Direct Plan · Growth
|
+15.18% | — | — | +11.86% |
| Groww Nifty India Defence ETF | +12.65% | — | — | +16.13% |
|
Groww Nifty India Defence ETF FOF
Direct Plan · Growth
|
+12.38% | — | — | +15.69% |
|
Groww Liquid Fund
Direct Plan · Growth
|
+6.54% | +6.97% | +6.31% | +6.81% |
|
Groww Overnight Fund
Direct Plan · Growth
|
+5.15% | +5.96% | +5.61% | +4.99% |
|
Groww Short Term Fund
Direct Plan · Growth
|
+5.13% | +7.47% | +6.17% | +7.45% |
About This Scheme
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). 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
Stated Asset Allocation
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%
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
Fund Managers
Mr. Anupam Tiwari (Head of Equity), Mr. Saptarshee Chatterjee (Fund Manager – Equity), Mr. Nikhil Satam (Fund Manager & Dealer - Equity), Mr. Hitesh Das (Fund Manager)
Comanage (Equity Segment) , Assistant Fund Manager (Equity Segment), Comanage (Equity Segment), Comanage (Fund Manager)
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.