The Current NAV of Groww Banking & Financial Services Fund - Growth - Direct Plan is ₹13.21.

It is better to invest in a fund with a longer track record as Groww Banking & Financial Services Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns likely to be fairly different than its benchmark Nifty Financial Services , as Funds portfolio is somewhat different.

Groww Banking & Financial Services Fund - Growth - Direct Plan fund’s expense ratio is 0.46%

The process for redemption is

• Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
• You will get information about the redemption and the NAV at which redeemed.
• The amount will be deposited in the designated bank account.

The AUM of Groww Banking & Financial Services Fund - Growth - Direct Plan is currently ₹70 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and Axis Bank and account for 23% of its portfolio. Top 5 and 10 stocks of fund account for 33% and 51% of fund’s portfolio respectively.

Top three sectors of Groww Banking & Financial Services Fund - Growth - Direct Plan fund are BFSI, IT and Miscellaneous accounting for 99% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Sectoral Fund - Banks & Financial Service it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Groww Banking & Financial Services Fund - Growth - Direct Plan Fund is Equity - Sectoral Fund - Banks & Financial Service.

Anupam Tiwari and Saptarshee Chatterjee manage the Groww Banking & Financial Services Fund - Growth - Direct Plan Fund.

Groww Banking & Financial Services Fund - Growth - Direct Plan current PE ratio is 29.96 and PB ratio is 6.12

The asset allocation of Groww Banking & Financial Services Fund - Growth - Direct Plan is Stocks : 96.46%, Debt : 1.43% and Gold : 2.10%

The minimum SIP amount for Groww Banking & Financial Services Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹500.00

The exit load for Groww Banking & Financial Services Fund - Growth - Direct Plan is 1% on or before 30 days, Nil after 30 days