Compare Groww Banking & Financial Services Fund vs Motilal Oswal BSE Financials ex Bank 30 Index Fund
Risk
Very High
Very High
Rating
-
4.0
Min SIP Amount
₹500
₹500
Expense Ratio
2.35
1.01
NAV
₹11.18
₹16.36
Fund Started
17 Jan 2024
14 Jul 2022
Fund Size
₹63.94 Cr
₹31.50 Cr
Exit Load
Exit load of 1%, if redeemed within 30 days.
Exit load-1%- If redeemed within 15 days from the date of allotment.
1 Year
14.56%
14.11%
3 Year
-
20.55%
5 Year
-
-
Equity
94.35%
99.55%
Cash
5.65%
0.45%
Top 10 Holdings
ICICI Bank Ltd. | 9.56% |
State Bank of India | 8.28% |
Bajaj Finance Ltd. | 6.45% |
Axis Bank Ltd. | 6.03% |
SBFC Finance Ltd. | 3.84% |
SBI Life Insurance Company Ltd. | 3.57% |
L&T Finance Ltd. | 3.45% |
BSE Ltd. | 3.30% |
Union Bank of India | 3.25% |
Multi Commodity Exchange Of India Ltd. | 3.21% |
Bajaj Finance Ltd. | 14.68% |
Shriram Finance Ltd | 9.56% |
Bajaj Finserv Ltd. | 7.29% |
SBI Life Insurance Company Ltd. | 5.84% |
JIO Financial Services Ltd. | 5.37% |
HDFC Life Insurance Co Ltd. | 4.91% |
Cholamandalam Investment and Finance Company Ltd. | 4.63% |
Multi Commodity Exchange Of India Ltd. | 3.96% |
Power Finance Corporation Ltd. | 3.81% |
HDFC Asset Management Company Ltd. | 3.46% |
Name
-
-
Start Date
-
-
Description
The scheme seeks 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.
The scheme seeks to provide returns that, correspond to the total returns of the securities as represented by S&P BSE Financials ex Bank 30 Index, subject to tracking error.
Launch Date
17 Jan 2024
14 Jul 2022
