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Sectoral / Thematic · Groww Mutual Fund · AMFI code 152254Groww Banking & Financial Services Fund
Disclosed for 31 months, Feb 2024 to Aug 2026.
Portfolio value
₹61.8 Cr
up ₹28 L vs Nov 2025
- Stocks held
- 35
- up 4 vs Nov 2025
- Top 10 weight
- 47.0%
- of the portfolio in its ten largest
- Cash & debt
- 3.3%
- cash, money market and debt
Groww Banking & Financial Services Fund is an active equity fund in the Sectoral / Thematic category from Groww Mutual Fund. In December 2025 it disclosed 35 stocks worth ₹61.8 Cr, up ₹28 L from Nov 2025. Its largest positions were State Bank of India (7.5%), Bajaj Finance Limited (7.1%), ICICI Bank Limited (6.2%); the ten largest together made up 47.0% of the portfolio, and Finance was the biggest sector at 40.8% of its equity. Cash and debt stood at 3.3%. Compared with Nov 2025 the fund entered 5 new stocks and exited 1.
Against 229 other Sectoral / Thematic funds
Concentration
51%
Top-10 weight is higher than 51% of peers
Breadth
27%
Holds more stocks than 27% of peers
Cash
48%
Holds more cash than 48% of peers
What these mean: concentration · cash
Holdings in December 2025
Download CSVEvery line the fund disclosed, with the change against Nov 2025. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| State Bank of India | 7.50% | down 0.01 pts | ₹4.6 Cr | up ₹2 L | Held |
| Bajaj Finance Limited | 7.12% | down 0.40 pts | ₹4.4 Cr | down ₹23 L | Trimmed |
| ICICI Bank Limited | 6.22% | down 0.24 pts | ₹3.8 Cr | down ₹13 L | Trimmed |
| HDFC Bank Limited | 5.82% | down 8.24 pts | ₹3.6 Cr | down ₹5.1 Cr | Trimmed |
| L&T Finance Limited | 3.97% | up 0.03 pts | ₹2.5 Cr | up ₹3 L | Added |
| SBI Life Insurance Company Limited | 3.69% | up 0.11 pts | ₹2.3 Cr | up ₹8 L | Added |
| SBFC Finance Limited | 3.51% | up 0.86 pts | ₹2.2 Cr | up ₹54 L | Added |
| Cash, TREPS & receivables | 3.26% | down 0.35 pts | ₹2 Cr | down ₹21 L | Trimmed |
| Kotak Mahindra Bank Limited | 3.24% | up 0.10 pts | ₹2 Cr | up ₹7 L | Added |
| Multi Commodity Exchange of India Limited | 3.03% | down 0.09 pts | ₹1.9 Cr | down ₹5 L | Trimmed |
| BSE Limited | 2.86% | up 1.24 pts | ₹1.8 Cr | up ₹77 L | Added |
| Home First Finance Company India Limited | 2.69% | down 0.03 pts | ₹1.7 Cr | down ₹1 L | Trimmed |
| India Shelter Finance Corporation Limited | 2.64% | down 0.27 pts | ₹1.6 Cr | down ₹16 L | Trimmed |
| DSP NIFTY PSU BANK ETF Fund units | 2.58% | down 0.01 pts | ₹1.6 Cr | up ₹0 L | Held |
| Bank of Baroda | 2.54% | up 2.54 pts | ₹1.6 Cr | up ₹1.6 Cr | New |
| Fedbank Financial Services Limited | 2.53% | up 0.06 pts | ₹1.6 Cr | up ₹4 L | Added |
| Manappuram Finance Limited | 2.52% | up 0.18 pts | ₹1.6 Cr | up ₹12 L | Added |
| Indian Energy Exchange Limited | 2.51% | down 0.11 pts | ₹1.6 Cr | down ₹6 L | Trimmed |
| Max Financial Services Limited | 2.44% | down 0.06 pts | ₹1.5 Cr | down ₹3 L | Trimmed |
| Five Star Business Finance Limited | 2.27% | up 0.34 pts | ₹1.4 Cr | up ₹22 L | Added |
| Nippon Life India Asset Management Limited | 2.20% | up <0.01 pts | ₹1.4 Cr | up ₹1 L | Held |
| CSB Bank Limited | 2.18% | up 0.21 pts | ₹1.3 Cr | up ₹14 L | Added |
| Aptus Value Housing Finance India Limited | 2.15% | down 0.01 pts | ₹1.3 Cr | — | Held |
| Nuvama Wealth Management Limited | 2.13% | down 0.03 pts | ₹1.3 Cr | down ₹1 L | Trimmed |
| Karur Vysya Bank Limited | 2.09% | up 2.09 pts | ₹1.3 Cr | up ₹1.3 Cr | New |
| CreditAccess Grameen Limited | 2.01% | up 2.01 pts | ₹1.2 Cr | up ₹1.2 Cr | New |
| The Federal Bank Limited | 1.99% | up 1.99 pts | ₹1.2 Cr | up ₹1.2 Cr | New |
| Bajaj Finserv Limited | 1.95% | down 0.06 pts | ₹1.2 Cr | down ₹3 L | Trimmed |
| Northern Arc Capital Limited | 1.81% | down 0.16 pts | ₹1.1 Cr | down ₹9 L | Trimmed |
| ARMAN FINANCIAL SERVICES LTD | 1.77% | down 0.10 pts | ₹1.1 Cr | down ₹6 L | Trimmed |
| Prudent Corporate Advisory Services Limited | 1.47% | up 0.04 pts | ₹91 L | up ₹3 L | Added |
| Cholamandalam Financial Holdings Limited | 1.43% | down 1.15 pts | ₹89 L | down ₹71 L | Trimmed |
| Sagility Limited | 1.19% | up 0.04 pts | ₹74 L | up ₹3 L | Added |
| Life Insurance Corporation Of India | 0.93% | down 0.05 pts | ₹57 L | down ₹3 L | Trimmed |
| Star Health And Allied Insurance Company Limited | 0.89% | down 0.07 pts | ₹55 L | down ₹4 L | Trimmed |
| Niva Bupa Health Insurance Company Limited | 0.79% | up 0.01 pts | ₹49 L | up ₹1 L | Added |
| ICICI Prudential Asset Management Company Limited | 0.07% | up 0.07 pts | ₹5 L | up ₹5 L | New |
What changed, Nov 2025 to Dec 2025
New New positions (5)
- Bank of Baroda2.5% · ₹1.6 Cr
- Karur Vysya Bank Limited2.1% · ₹1.3 Cr
- CreditAccess Grameen Limited2.0% · ₹1.2 Cr
- The Federal Bank Limited2.0% · ₹1.2 Cr
- ICICI Prudential Asset Management Company Limited0.1% · ₹5 L
Exited Exited (1)
- PNB Housing Finance Limitedwas 0.5% · ₹29 L
Added Biggest additions
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Nov 2025, the weight rose most in Capital Markets (+1.1 pts) and Finance (+0.7 pts), and fell most in Banks (−1.8 pts).
- Capital Markets14.0% → 15.1%+1.1 pts
- Finance40.0% → 40.8%+0.7 pts
- Banks35.3% → 33.5%−1.8 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Dec 2024 | Jun 2025 | Sep 2025 | Nov 2025 | Dec 2025 |
|---|---|---|---|---|---|
| Finance | 14.3% | 19.5% | 33.7% | 40.0% | 40.8% |
| Banks | 52.8% | 48.7% | 44.6% | 35.3% | 33.5% |
| Capital Markets | 21.4% | 15.0% | 9.1% | 14.0% | 15.1% |
| Insurance | 8.9% | 10.5% | 8.7% | 9.4% | 9.3% |
| IT - Services | — | 1.1% | 1.2% | 1.2% | 1.3% |
Allocation in Dec 2025change vs Nov 2025
- Finance (14)40.8%▲ 0.7 pts
- Banks (8)33.5%▼ 1.8 pts
- Capital Markets (7)15.1%▲ 1.1 pts
- Insurance (5)9.3%▼ 0.1 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Dec 2025
3.3%
▼ 0.4 pts vs Nov 2025
- Cash alone
- 3.3%
- cash and net receivables
- A year earlier
- 3.0%
- Dec 2024 · now ▲ 0.2 pts
- Last 12 months
- 0.2% – 10.8%
- lowest to highest · record 12.4% in Mar 2024
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.