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Index Fund

Groww Nifty Private Bank Index Fund · Direct · Growth

Groww Mutual Fund

NAV

₹9.9464

as of 30 Sept 2026

Expense Ratio

1.26%

Viewing Direct · Growth
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Lumpsum returns (CAGR)

1Y
—
3Y
—
5Y
—
Since Inception
+0.54%

SIP returns (XIRR)

1Y
—
3Y
—
5Y
—
Since Inception
-8.25%

Performance Comparison

Sectoral allocation

as of 31 Aug 2026

Each sector links to the mutual funds most exposed to it.

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Fund Details

Fund HouseGroww Mutual Fund
CategoryIndex Fund
Launch Date27 May 2026
AMFI Code154346
Transaction facts
Min. Lumpsum₹500
Min. SIP₹100
Exit LoadNA

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

What this fund does

Groww Nifty Private Bank Index Fund · Direct · 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 · Direct · Growth is a Index Fund mutual fund offered by Groww Mutual Fund. The fund has been operational for over 0 years. The current expense ratio is 1.26%.

Who Should Invest?

  • •Cost-conscious investors who prefer passive investing with low expense ratios
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