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NFO Alert: From objective to risk, everything you should know about Groww Banking and Financial Services Fund

Groww Mutual Fund announced the launch of the Groww Banking & Financial Services Fund. The scheme opened for public subscription on January 17, 2024, and will close on January 31, 2024.

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9 NFOs open for subscription this week

Three sectoral funds, two ETFs and index funds, one large cap fundand focused fund will open for subscription this week.

Sorbh guptaSantosh singhNishit patelKenneth joseph andradeTrupti agrawalAniket shahRakesh shettyDheeresh pathakNilesh savlaPiyush baranwalTarang agarwalPriya shridharKewal shahAjay khandelwalReits invitsRamesh mantri

Beyond broking: What next for Groww?

The stockbroker has the highest number of active users in India and is profitable. But it wants to do much more

United statesRatan tataRajesh bahetiNeeraj singhPrabhakar tiwariNithin kamathLalit keshreEishan bansalZerodha kamathRavi kumarAlok churiwalaGroww creditserv technologySecurities ltdCrosseas capital services pvtAngel one ltdNextbillion technology

61% ELSS SIPs fail to beat benchmarks in 5 years; 3 schemes underperform by over 5% points

The ELSS schemes are benchmarked against NIFTY 500 - TRI, S&P BSE 100 - TRI, and S&P BSE 500 - TRI. These benchmarks offered 16.32%, 14.97%, and 16.48% respectively in the same time period.

Aditya birla sunKotak mutual fundIndiabulls mutual fundMutual fundQuant mutual fundAxis long term equity fundTax saver fundGroww mutual fundMotilal oswal mutual fundMirae asset mutual fundFranklin mutual fundLong term equity fundIncome taxAditya birla sun lifeSaver fundBirla sun life

Groww posts profit of ₹449 cr in FY23, revenue at ₹1,277 cr

Groww posts profit of ₹449 cr in FY23, revenue at ₹1,277 cr
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