Investment Returns (CAGR)
1 yr.
18.82%
3 yr.
NA
5 yr.
NA
Since Inception.
9.74%
Fund Size (Rs.)
5673 Cr
Exit Load
1% on or before 30D, Nil after 30D
Scheme Type
6
ISIN
INF666M01HP7
Expense Ratio
2.3%
Minimum SIP (Rs.)
-
Launch Date
06 Feb 2024
Fund House
Groww Asset Management Limited
Balloon Payment
(Interest only)
Pay monthly installments towards interest only. Settle the principal at the end of tenure.
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).
Fund Size (Rs.)
5673 Cr
Benchmark Index
----
Scheme Type
6
ISIN
INF666M01HP7
Expense Ratio
2.3%
Minimum SIP (Rs.)
-
Launch Date
06 Feb 2024
Fund House
Groww Asset Management Limited
Exit Load
1% on or before 30D, Nil after 30D
1 yr. 18.82%
3 yr.
5 yr.
Since Inception. 9.74%
Balloon Payment
(Interest only)
Pay monthly installments towards interest only. Settle the principal at the end of tenure.
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).

