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Index Fund📊 Nifty Midcap 150 Index - TRI

Groww Nifty PSU Bank Index Fund · Regular · Growth

Groww Mutual Fund

NAV

₹9.9564

as of 31 Jul 2026

Expense Ratio

see scheme documents

AUM

₹7 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
3Y
5Y
Since Inception
-0.44%

SIP returns (XIRR)

1Y
3Y
5Y
Since Inception
+0.66%

Not enough verified history to show honest backtest scenarios (this fund is under 3 years old).

Performance Comparison

Sectoral allocation

as of 30 Jun 2026

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

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Fund Details

Fund HouseGroww Mutual Fund
CategoryIndex Fund
BenchmarkNifty Midcap 150 Index - TRI
Launch Date24 Mar 2026
AMFI Code154284
Transaction facts
Min. Lumpsum₹500
Min. SIP₹100
Exit LoadNil

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Groww Nifty PSU 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 PSU 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. It manages assets worth ₹7.1 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against Nifty Midcap 150 Index - TRI.

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
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