← Groww Mutual Fund

Groww Banking & Financial Services Fund - Direct Plan - Growth

Equity Data as of May 2026 Comparing Apr 2026 → May 2026
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Stocks Held
31
May 2026
Equity Holdings
₹67.86 Cr
Equity only, excl. debt & cash
Top 5 Weight
33.3%
Moderate
Top 10 Weight
51.1%
Moderate
Changes
36
4 new · 7 exits
Top Sector
Banks
44.6% of portfolio
📋 What Happened This Month Groww Banking & Financial Services Fund made 4 new additions and exited 7 stocks this month. The biggest new buy was HDFC Bank Limited (Banks) at 7.69% weight. Kotak Mahindra Bank Limited was the biggest exit (Banks), which was held at 2.93%. Among existing holdings, Axis Bank Limited saw the biggest increase — now at 7.11% of the portfolio. State Bank of India was trimmed the most, now at 2.58%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 44.6%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Mar 2026 Apr 2026
Sector Prev Curr Delta
Banks 32.2% 36.4% +4.1%
Finance 33.5% 33.6% +0.1%
Capital Markets 14.9% 17.8% +2.9%
Insurance 6.5% 5.4% -1.1%
Financial Technology (Fintech) 3.0% 2.5% -0.5%
Leisure Services 1.0% 1.5% +0.5%
Apr 2026 May 2026
Sector Prev Curr Delta
Banks 36.4% 44.6% +8.2%
Finance 33.6% 25.3% -8.3%
Capital Markets 17.8% 17.1% -0.6%
Insurance 5.4% 4.5% -0.9%
N.A. 0.0% 2.8% +2.8%
Financial Technology (Fintech) 2.5% 2.5% 0.0%
Leisure Services 1.5% 0.0% -1.5%
🟢
Biggest New Buy
HDFC Bank Limited
7.69% weight · Banks
🔴
Biggest Exit
Kotak Mahindra Bank Limited
2.93% was held · Banks
Biggest Add
Axis Bank Limited
+2.95% · now 7.11%
Biggest Trim
State Bank of India
-3.18% · now 2.58%
🤝 Other funds also bought this month
HDFC Bank Limited 33 funds
HDFC Bank Limited
Groww Nifty Private Bank Index Fund
Groww Nifty Private Bank ETF
ICICI Prudential Nifty Private Bank Index Fund - Direct Plan - Growth + more
OnEMI Technology Solutions Limited 20 funds
OnEMI Technology Solutions Limited
Groww Small Cap Fund-Direct-Growth
Groww Multicap Fund - Direct - Growth
WhiteOak Capital Special Opportunities Fund - Direct Growth + more
RBL Bank Limited 19 funds
RBL Bank Limited
Bajaj Finserv Banking and Financial Services Fund - Direct - Growth
Groww Small Cap Fund-Direct-Growth
Motilal Oswal Business Cycle Fund - Direct Plan- Growth + more
Tamilnad Mercantile Bank Limited 1 fund
Tamilnad Mercantile Bank Limited
Bandhan Nifty Total Market Index Fund
👋 Other funds also exited
Kotak Mahindra Bank Limited 26 funds
Kotak Mahindra Bank Limited
quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Plan
quant Focused Fund - Growth Option-Direct Plan
quant Dynamic Asset Allocation Fund + more
Bank of Baroda 21 funds
Bank of Baroda
Bajaj Finserv Multi Asset Allocation Fund - Direct Growth
Samco Large Cap Fund
Nippon India Active Momentum Fund-Direct Plan - Growth Option + more
Star Health And Allied Insurance Company Limited 7 funds
Star Health And Allied Insurance Company Limited
Groww Multicap Fund - Direct - Growth
Samco Multi Cap Fund
Groww Small Cap Fund-Direct-Growth + more
TBO Tek Limited 4 funds
TBO Tek Limited
THE WEALTH COMPANY ETHICAL FUND
Baroda BNP Paribas Innovation Fund Direct plan - Growth Option
BARODA BNP PARIBAS India Consumption Fund - Direct Plan - Growth Option + more
Five Star Business Finance Limited 2 funds
Five Star Business Finance Limited
LIC MF Banking and Financial Services Fund-Direct Plan-Growth
HDFC NIFTY Midcap 150 Index Fund - Growth Option - Direct Plan
Northern Arc Capital Ltd 2 funds
Northern Arc Capital Ltd
JM ELSS Tax Saver Fund (Direct) - Growth Option
JM Flexicap Fund (Direct) - Growth Option

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 May 2026
🟢 4 New Entries 🔴 7 Exits ↑ 7 Increased ↓ 18 Decreased
#StockSectorWeight (May 2026)
1
HDFC Bank Limited
₹5.39 Cr
Banks 7.69%
2
RBL Bank Limited
₹2.58 Cr
Banks 3.68%
3
OnEMI Technology Solutions Limited
₹1.93 Cr
N.A. 2.75%
4
Tamilnad Mercantile Bank Limited
₹1.07 Cr
Banks 1.53%
#StockSectorLast Weight (Apr 2026)
1
Kotak Mahindra Bank Limited
₹2.01 Cr
Banks 2.93%
2
Bank of Baroda
₹1.40 Cr
Banks 2.04%
3
Five Star Business Finance Limited
₹1.24 Cr
Finance 1.80%
4
Northern Arc Capital Ltd
₹1.18 Cr
Finance 1.72%
5
Muthoot Microfin Limited
₹1.11 Cr
Finance 1.62%
6
TBO Tek Limited
₹1.03 Cr
Leisure Services 1.51%
7
Star Health And Allied Insurance Company Limited
₹63.90 L
Insurance 0.93%
#StockSectorApr 2026May 2026Change
1
Axis Bank Limited
₹4.99 Cr
Banks 4.16% 7.11% +2.95%
2
BSE Limited
₹4.14 Cr
Capital Markets 5.31% 5.91% +0.60%
3
The Jammu & Kashmir Bank Limited
₹1.10 Cr
Banks 0.99% 1.57% +0.58%
4
ICICI Bank Limited
₹5.46 Cr
Banks 7.50% 7.78% +0.28%
5
Fedbank Financial Ser Ltd
₹1.67 Cr
Finance 2.21% 2.39% +0.18%
6
Nippon Life India Asset Management Limited
₹1.70 Cr
Capital Markets 2.28% 2.43% +0.15%
7
Max Financial Services Limited
₹1.71 Cr
Insurance 2.36% 2.44% +0.08%
#StockSectorApr 2026May 2026Change
1
State Bank of India
₹1.81 Cr
Banks 5.76% 2.58% -3.18%
2
Angel One Limited
₹81.10 L
Capital Markets 2.22% 1.16% -1.06%
3
CreditAccess Grameen Limited
₹68.64 L
Finance 1.85% 0.98% -0.87%
4
L&T Finance Limited
₹1.82 Cr
Finance 3.17% 2.59% -0.58%
5
Arman Financial Services Limited
₹66.74 L
Finance 1.53% 0.95% -0.58%
6
Aditya Birla Capital Limited
₹1.88 Cr
Finance 3.16% 2.68% -0.48%
7
Home First Finance Company India Limited
₹1.86 Cr
Finance 2.96% 2.66% -0.30%
8
India Shelter Finance Corporation Limited
₹2.04 Cr
Finance 3.15% 2.91% -0.24%
9
Bajaj Finance Limited
₹2.74 Cr
Finance 4.13% 3.91% -0.22%
10
Prudent Corporate Advisory Services Limited
₹1.95 Cr
Capital Markets 2.95% 2.78% -0.17%

What Stocks Does This Fund Hold?

31 stocks — May 2026

# Stock Sector Cap Weight & Value
1
₹5.46 Cr
Banks
7.78%
2
₹5.39 Cr
Banks
7.69%
3
₹4.99 Cr
Banks
7.11%
4
₹4.14 Cr
Capital Markets
5.91%
5
₹3.40 Cr
Capital Markets
4.85%
6
₹2.74 Cr
Finance
3.91%
7
₹2.59 Cr
Banks
3.70%
8
₹2.58 Cr
Banks
3.68%
9
₹2.49 Cr
Finance
3.55%
10
₹2.04 Cr
Finance
2.91%
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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.

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