← Groww Mutual Fund

Groww Banking & Financial Services Fund - Direct Plan - Growth

Equity Data as of Aug 2026 Comparing Jul 2026 → Aug 2026
Share: WhatsApp X
Stocks Held
37
Aug 2026
Equity Holdings
₹86.74 Cr
Equity only, excl. debt & cash
AAUM
₹69.24 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
23.6%
Diversified
Top 10 Weight
41.0%
Moderate
Changes
41
7 new · 4 exits
Top Sector
Banks
33.1% of portfolio
Launch Date
17 Jan 2024
2 years old

AAUM (Average Assets Under Management) of ₹69.24 Cr for Apr-Jun 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month Groww Banking & Financial Services Fund made 7 new additions and exited 4 stocks this month. The biggest new buy was HDFC Bank Limited (Banks) at 3.96% weight. BSE Limited was the biggest exit (Capital Markets), which was held at 3.03%. Among existing holdings, PB Fintech Limited saw the biggest increase — now at 2.71% of the portfolio. ICICI Bank Limited was trimmed the most, now at 6.57%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 33.1%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Jun 2026 Jul 2026
Sector Prev Curr Delta
Banks 32.2% 34.1% +1.9%
Finance 27.0% 23.8% -3.2%
Capital Markets 23.3% 20.0% -3.2%
Financial Technology (Fintech) 2.2% 4.7% +2.5%
Retailing 4.3% 4.4% +0.1%
Insurance 4.0% 3.7% -0.4%
N.A. 3.1% 3.2% +0.1%
Industrial Products 1.5% 1.4% -0.2%
Jul 2026 Aug 2026
Sector Prev Curr Delta
Banks 34.1% 33.1% -1.0%
Finance 23.8% 24.7% +0.9%
Capital Markets 20.0% 18.6% -1.4%
Financial Technology (Fintech) 4.7% 8.9% +4.2%
Retailing 4.4% 4.4% +0.0%
N.A. 3.2% 3.3% +0.1%
Insurance 3.7% 2.7% -0.9%
Industrial Products 1.4% 0.0% -1.4%
🟢
Biggest New Buy
HDFC Bank Limited
3.96% weight · Banks
🔴
Biggest Exit
BSE Limited
3.03% was held · Capital Markets
Biggest Add
PB Fintech Limited
+1.67% · now 2.71%
Biggest Trim
ICICI Bank Limited
-4.23% · now 6.57%
🤝 Other funds also bought this month
HDFC Bank Limited 49 funds
HDFC Bank Limited
Kotak Nifty Bank Index Fund
Mirae Asset Nifty Bank ETF
BANDHAN BSE Sensex ETF + more
AU Small Finance Bank Limited 21 funds
AU Small Finance Bank Limited
DSP BSE MidSmall Private Banks ETF
Mirae Asset BSE Midcap 150 Momentum 30 ETF
Kotak Nifty Bank Index Fund + more
IndusInd Bank Limited 20 funds
IndusInd Bank Limited
DSP BSE MidSmall Private Banks ETF
Kotak Nifty Bank Index Fund
Mirae Asset Nifty Bank ETF + more
Gaja Alternative AMC Limited 17 funds
Gaja Alternative AMC Limited
Invesco India Financial Services Fund
TRUSTMF Flexi Cap Fund-Direct Plan- Growth
JM Multi Asset Allocation Fund + more
Canara HSBC Life Insurance Co Ltd 13 funds
Canara HSBC Life Insurance Co Ltd
Bank of India Banking & Financial Services Fund - Direct Plan - Growth
ICICI Prudential BSE Insurance ETF
Mirae Asset Multicap Fund - Direct Plan - Growth + more
Pine Labs Limited 11 funds
Pine Labs Limited
JM Small Cap Fund (Direct) - Growth Option
Mirae Asset Multi Asset Allocation Fund
Edelweiss Mid Cap Fund - Direct Plan - Growth Option + more
👋 Other funds also exited
BSE Limited 35 funds
BSE Limited
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF
Bandhan Nifty 500 Momentum 50 Index Fund Direct Plan-Growth
ITI Banking and Financial Services Fund - Direct Plan - Growth Option + more
SBI Life Insurance Company Limited 24 funds
SBI Life Insurance Company Limited
Mirae Asset Banking and Financial Services Fund
BARODA BNP PARIBAS Focused Fund - Direct Plan - Growth Option
THE WEALTH COMPANY FLEXI CAP FUND + more
The Federal Bank Limited 23 funds
The Federal Bank Limited
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF
Bandhan Nifty 500 Momentum 50 Index Fund Direct Plan-Growth
BANDHAN MIDCAP FUND - GROWTH - DIRECT PLAN + more
Inox India Limited 5 funds
Inox India Limited
ITI Flexi Cap Fund- Direct Plan- Growth
ITI Small Cap Fund - Direct Plan - Growth Option
WhiteOak Capital Special Opportunities Fund - Direct Growth + more

What Changed in the Portfolio This Month?

Comparing Jul 2026 → Aug 2026

Jul 2026 Aug 2026
🟢 7 New Entries 🔴 4 Exits ↑ 11 Increased ↓ 19 Decreased
#StockSectorWeight (Aug 2026)
1
HDFC Bank Limited
₹3.59 Cr
Banks 3.96%
2
AU Small Finance Bank Limited
₹2.41 Cr
Banks 2.66%
3
Pine Labs Limited
₹2.18 Cr
Financial Technology (Fintech) 2.41%
4
IndusInd Bank Limited
₹2.12 Cr
Banks 2.34%
5
Gaja Alternative AMC Limited
₹1.89 Cr
Capital Markets 2.09%
6
Aye Finance Limited
₹1.53 Cr
Finance 1.69%
7
Canara HSBC Life Insurance Co Ltd
₹85.25 L
Insurance 0.94%
#StockSectorLast Weight (Jul 2026)
1
BSE Limited
₹2.52 Cr
Capital Markets 3.03%
2
The Federal Bank Limited
₹2.37 Cr
Banks 2.84%
3
SBI Life Insurance Company Limited
₹1.51 Cr
Insurance 1.81%
4
Inox India Limited
₹1.13 Cr
Industrial Products 1.36%
#StockSectorJul 2026Aug 2026Change
1
PB Fintech Limited
₹2.45 Cr
Financial Technology (Fintech) 1.04% 2.71% +1.67%
2
Shriram Finance Limited
₹3.06 Cr
Finance 2.49% 3.38% +0.89%
3
Multi Commodity Exchange of India Limited
₹4.11 Cr
Capital Markets 3.73% 4.54% +0.81%
4
OnEMI Technology Solutions Limited
₹3.02 Cr
N.A. 3.20% 3.33% +0.13%
5
One 97 Communications Limited
₹3.38 Cr
Financial Technology (Fintech) 3.62% 3.74% +0.12%
6
Piramal Finance Ltd
₹2.83 Cr
Finance 3.04% 3.13% +0.09%
7
Prudent Corporate Advisory Services Limited
₹2.63 Cr
Capital Markets 2.84% 2.91% +0.07%
8
CarTrade Tech Limited
₹3.59 Cr
Retailing 3.93% 3.97% +0.04%
9
City Union Bank Limited
₹1.45 Cr
Banks 1.57% 1.61% +0.04%
10
SBFC Finance Limited
₹2.61 Cr
Finance 2.87% 2.88% +0.01%
#StockSectorJul 2026Aug 2026Change
1
ICICI Bank Limited
₹5.95 Cr
Banks 10.80% 6.57% -4.23%
2
Axis Bank Limited
₹4.15 Cr
Banks 5.73% 4.59% -1.14%
3
Karur Vysya Bank Limited
₹1.26 Cr
Banks 2.02% 1.39% -0.63%
4
Bajaj Finance Limited
₹2.95 Cr
Finance 3.83% 3.26% -0.57%
5
Ujjivan Small Finance Bank Limited
₹3.29 Cr
Banks 4.11% 3.64% -0.47%
6
RBL Bank Limited
₹2.94 Cr
Banks 3.69% 3.25% -0.44%
7
SBI Funds Management Limited
₹76.51 L
Capital Markets 1.26% 0.84% -0.42%
8
India Shelter Finance Corporation Limited
₹1.73 Cr
Finance 2.33% 1.92% -0.41%
9
ICICI Prudential Asset Management Company Limited
₹2.63 Cr
Capital Markets 3.22% 2.91% -0.31%
10
Home First Finance Company India Limited
₹2.04 Cr
Finance 2.50% 2.25% -0.25%

What Stocks Does This Fund Hold?

37 stocks — Aug 2026

# Stock Sector Cap Weight & Value
1
₹5.95 Cr
Banks
6.57%
2
₹4.15 Cr
Banks
4.59%
3
₹4.11 Cr
Capital Markets
4.54%
4
₹3.59 Cr
Retailing
3.97%
5
₹3.59 Cr
Banks
3.96%
6
₹3.38 Cr
Financial Technology (Fintech)
3.74%
7
₹3.29 Cr
Banks
3.64%
8
₹3.06 Cr
Finance
3.38%
9
₹3.02 Cr
N.A.
3.33%
10
₹2.95 Cr
Finance
3.26%
🏆 Top stocks held by Equity funds
See which stocks all active Equity fund managers are buying — ranked by total value invested
🏦 Groww Mutual Fund — Portfolio & Holdings
See all funds managed by Groww Mutual Fund — conviction stocks, monthly entries & exits

Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

Found a discrepancy or have feedback? Contact Us — we read every message personally.