Groww Banking & Financial Services Fund-Reg (G) Equity - Banking
Plan: OPEN | Option: Growth | Anupam Tiwari
17 Mar 25 | 12:00 AM
9.83 0.10 (1.03%)
Scheme Info
Investment Details
Have a look at some key information regarding the Mutual fund which helps in evaluating whether the fund suits your investment objectives
Fund 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.
Scheme Details
- Fund Type
OPEN
- Inception Date
17-01-2024
- AMC Name
- Minimum Investment
Rs. 500
- Expense Ratio
2.3
- Exit Load Comment
1.00% - If redemption/switch-out of units on or before 30 days from the date of allotment. Nil - If redemption/switch-out of units after 30 Days from the date of allotment.
