• 1 Year Returns: 15.43%

• Private Banks | 34.10%
• Specialized Finance | 26.85%
• Investment Banking & Brokerage | 7.90%
• Home Financing | 7.87%
• Asset Management | 6.23%

• ICICI Bank Limited | 10.80%
• Axis Bank Limited | 5.73%
• Ujjivan Small Finance Bank Ltd | 4.11%
• TREPS 03-AUG-2026 | 4.11%
• CarTrade Tech Limited | 3.93%

• Equity | 95.20%
• Cash & Equivalents | 4.80%

The alpha ratio for the Groww Banking & Financial Services Fund(IDCW) is 5.62

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 16.92

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 0.66

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 0.07

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.