Groww Nifty PSU Bank Index Fund · Regular · Growth
NAV
₹10.9352
as of 13 Nov 2026
Expense Ratio
1.75%
AUM
₹5 Cr
Lumpsum returns (CAGR)
- 1Y
- —
- 3Y
- —
- 5Y
- —
- Since Inception
- +9.35%
SIP returns (XIRR)
- 1Y
- —
- 3Y
- —
- 5Y
- —
- Since Inception
- +30.43%
Not enough verified history to show honest backtest scenarios (this fund is under 3 years old).
Performance Comparison
Sectoral allocation
as of 30 Sept 2026- Banks100.00%
Each sector links to the mutual funds most exposed to it.
Related reading
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Fund Details
Available transactions
What this fund does
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. Its returns follow the index, up or down, usually at a lower cost than an actively managed fund. An index that covers one sector or theme is concentrated and can swing more than the broad market.
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 ₹4.9 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against Nifty Midcap 150 Index - TRI. The current expense ratio is 1.75%.
Who Should Invest?
- •Investors who want to follow an index at low cost and accept that the fund moves with it