Groww Banking & Financial Services Fund
Groww Mutual Fund · Sectoral/Thematic · Regular plan, growth option
NAV (₹), 2 Oct 2026
12.3800
1-day change
-0.90%
1Y return
7.6%
3Y CAGR
n/a
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 7 Feb 2024 to 1 Oct 2026
Returns vs Sectoral/Thematic median (259 schemes) and “Banking & financial services” median (28)
| Period | Scheme | Category median | Banking & financial services median |
|---|---|---|---|
| 1 month | -4.8% | -5.4% | -6.2% |
| 3 months | -3.2% | -3.1% | -6.7% |
| 6 months | 14.5% | 8.5% | 5.9% |
| Year to date | 3.5% | -2.6% | -6.9% |
| 1 year | 7.6% | 0.0% | -1.0% |
| 3 years (CAGR) | n/a | 11.7% | 9.5% |
| 5 years (CAGR) | n/a | 10.6% | 9.6% |
| 7 years (CAGR) | n/a | 15.7% | 11.2% |
| 10 years (CAGR) | n/a | 13.3% | 11.0% |
| Since first NAV (CAGR) | 8.6% | – | – |
“Banking & financial services” is MFIC's grouping of Sectoral/Thematic schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.6% | 9.8% |
| 3Y rolling median | n/a | 15.6% |
| 3Y rolling worst | n/a | 0.6% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | 71% |
| 5Y rolling median | n/a | 14.2% |
| 5Y rolling worst | n/a | 0.3% |
| 5Y periods ahead of benchmark | n/a | 70% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | n/a | 16.7% |
| Sharpe ratio | n/a | 0.34 |
| Sortino ratio | n/a | 0.51 |
| Beta | n/a | 0.96 |
| Alpha (ann.) | n/a | 2.3% |
| Upside capture | n/a | 103.56 |
| Downside capture | n/a | 96.87 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −16.7% | −23.7% |
| Maximum drawdown, last 10Y | n/a | −39.3% |
| Maximum drawdown, last 5Y | n/a | −22.8% |
| Current drawdown | −7.0% | −8.8% |
| Recovery time of worst fall | 91 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER increased from 2.99% to 3.03% (AMFI TER disclosure)
- 5 Sep 2026: TER increased from 2.98% to 2.99% (AMFI TER disclosure)
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 3.03% | 2.38% |
| AUM, whole scheme (₹ crore) | 107 | 1,245 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 9.5% | -4.4% TRI |
Official benchmark: Nifty Financial Services TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Sectoral/Thematic Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | 3.5% | -7.8% | +11.3% |
| 2025 | 8.9% | 7.7% | +1.2% |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 2 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,690 | 5.7% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Groww Mutual Fund
Category: Sectoral/Thematic
Plan / option: Regular · Growth
AMFI scheme code: 152274
ISIN: INF666M01HP7
First NAV in MFIC data: 7 Feb 2024
History: 2.6 years
Expense ratio, AUM, portfolio: see the scheme's factsheet
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Helios Financial Services Fund | Sectoral/Thematic | 0.97 | n/a |
| WhiteOak Capital Banking & Financial Services Fund | Sectoral/Thematic | 0.96 | n/a |
| Bandhan Business Cycle Fund | Sectoral/Thematic | 0.96 | n/a |
| Invesco India Financial Services Fund | Sectoral/Thematic | 0.96 | 14.1% |
| Kotak Banking and Financial Services Fund | Sectoral/Thematic | 0.95 | 9.2% |
| BANDHAN FINANCIAL SERVICES FUND | Sectoral/Thematic | 0.95 | 11.7% |
Questions about Groww Banking & Financial Services Fund
- What is the latest NAV of Groww Banking & Financial Services Fund?
- The NAV of the Regular plan (growth option) was ₹12.3800 on 2 Oct 2026, as published by AMFI.
- Which category is Groww Banking & Financial Services Fund in?
- It is classified as Sectoral/Thematic in AMFI's daily NAV file; a Sectoral/Thematic scheme invests at least 80% in one sector or theme. MFIC compares it with 259 Sectoral/Thematic schemes (Regular plans).
- What was the largest fall in Groww Banking & Financial Services Fund's NAV?
- The largest peak-to-trough fall in its available history was 16.7%.
- What is the expense ratio (TER) of Groww Banking & Financial Services Fund?
- The total expense ratio of the Regular plan is 3.03% a year, as disclosed to AMFI (median of Sectoral/Thematic Regular plans: 2.38%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Groww Banking & Financial Services Fund?
- Assets under management of the whole scheme were ₹107 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Groww Banking & Financial Services Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 9.7% and the Regular plan's by 7.6%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 2 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.