• 1 Year Returns: 11.21%

• Private Banks | 42.25%
• Others | 20.87%
• Specialized Finance | 15.80%
• Public Banks | 7.43%
• Investment Banking & Brokerage | 4.75%

• ICICI Bank Ltd | 20.91%
• HDFC Bank Ltd | 17.63%
• NSE BANK NIFTY 24/04/2025 | 6.95%
• State Bank of India | 5.68%
• Bajaj Holdings and Investment Ltd | 4.48%

• Equity | 87.89%
• Futures & Options | 6.95%
• Cash & Equivalents | 3.93%
• Mutual Funds | 1.23%

The alpha ratio for the Groww Banking & Financial Services Fund(IDCW) is -2.98

Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.

The volatility or standard deviation for the Groww Banking & Financial Services Fund(IDCW) is 17.29

Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

The Sharpe ratio for the Groww Banking & Financial Services Fund(IDCW) is 0.44

The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

The Sortino Ratio for the Groww Banking & Financial Services Fund(IDCW) is 0.04

The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.