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Groww Banking & Financial Services Fund Direct Growth INF666M01HS1

Groww Banking & Financial Services Fund Direct Growth


INF666M01HS1
NAV / 1-Day Return
10.54 / 0.65%
Total Assets
486.5 Mil
Inception Date
Feb 07, 2024
Expense Ratio
0.360%
Fee Level
Load
1.00%
Category
India Fund Sector - Financial Services
Investment Style
Large Growth
Minimum Initial Investment
500
Status
Open
TTM Yield
Turnover
610%

Morningstar’s Analysis

There is no growth data available.


Asset Allocation

Asset Class Investment Category Index
Equity 96.96 96.80 100.00
Fixed Income 0.00 0.02 0.00
Preferred 0.00 0.00 0.00
Convertible 0.00 0.00 0.00
Cash 3.04 3.41 0.00
Other 0.00 0.00 0.00

Stock Style

People

Inception Date
Feb 07, 2024
Number of Managers
1
Longest Tenure
0.9 Years
Average Tenure
0.9 Years
Advisor(s)
Groww Asset Management Ltd.

Management Team

Feb 07, 2024 –Present

Manager Timeline

  • Male
  • Female
  • Non-Binary
  • Not Disclosed
  • Not Available

Morningstar Risk & Return

Risk vs. Category
Return vs. Category

Holdings

Portfolio Holdings
No.
%
Equity Holding
28 93.33
Bond Holding
0 0.00
Other Holding
2 6.67
Equity Holdings
28
Bond Holdings
0
Other Holdings
2
% Assets in Top 10 Holdings
66
Reported Turnover %
609.58
As of 03/31/24
Women Directors %
17
Women Executives %
10
Holdings
% Portfolio Weight
First Bought
Market Value as of Dec 31, 2024
Cur Currency
Share Change %
1-Year Return
Forward P/E
Equity Star Rating
Economic Moat
ESG Risk Rating Assessment
Sector
ICICI Bank Ltd
18.20 Feb 15, 2024 88,547,917
INR Indian Rupee
24.39 17.21 Financial Services
HDFC Bank Ltd
17.31 Feb 15, 2024 84,213,921
INR Indian Rupee
13.61 Financial Services
Axis Bank Ltd
6.19 Feb 15, 2024 30,117,169
INR Indian Rupee
-11.36 Financial Services
State Bank of India
5.93 Feb 15, 2024 28,836,016
INR Indian Rupee
26.32 9.49 Financial Services
Bajaj Holdings and Investment Ltd
4.32 Nov 30, 2024 21,027,661
INR Indian Rupee
29.25 Financial Services
Motilal Oswal Financial Services Ltd
3.56 Dec 31, 2024 17,314,331
INR Indian Rupee
104.16 Financial Services
Computer Age Management Services Ltd Ordinary Shares
2.89 Oct 31, 2024 14,079,160
INR Indian Rupee
60.52 Technology
Angel One Ltd Ordinary Shares
2.74 Apr 30, 2024 13,353,666
INR Indian Rupee
-22.04 Financial Services
Power Finance Corp Ltd
2.64 Sep 30, 2024 12,849,525
INR Indian Rupee
9.75 Financial Services
Bank of Baroda
2.62 Nov 30, 2024 12,754,923
INR Indian Rupee
4.01 Financial Services
Holdings as of Dec 31, 2024 | The top 30 largest holdings are available for display across Equity, Bond and Other.


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