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Index Fund

Groww Nifty Private Bank Index Fund · Regular · Growth

Groww Mutual Fund

NAV

₹10.3616

as of 16 Jun 2026

Expense Ratio

see scheme documents

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
3Y
5Y
Since Inception
+4.74%

SIP returns (XIRR)

1Y
3Y
5Y
Since Inception

Portfolio Strategy

This is a passively managed index fund that replicates its benchmark index by holding the same securities in the same proportion.

ETF, FoF, and index funds track an index or target fund — not individual securities. Portfolio performance is captured via NAV and benchmark returns shown above.

Performance Comparison

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Fund Details

Fund HouseGroww Mutual Fund
CategoryIndex Fund
Launch Date27 May 2026
AMFI Code154350
Transaction facts
Min. Lumpsum₹500
Min. SIP₹100
Exit LoadNA

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Groww Nifty Private Bank Index Fund · Regular · Growth is a passively managed fund that tracks a specific market index, aiming to replicate its returns with minimal tracking error. Index funds offer low-cost, diversified exposure to the market with full transparency of holdings.

About This Fund

Groww Nifty Private Bank Index Fund · Regular · Growth is a Index Fund mutual fund offered by Groww Mutual Fund. The fund has been operational for over 0 years.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • Cost-conscious investors who prefer passive investing with low expense ratios
  • SIP investors who can benefit from rupee cost averaging during market fluctuations