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Index Fund📊 Nifty Midcap 150 Index - TRI

Groww Nifty PSU Bank Index Fund · Regular · Growth

Groww Mutual Fund

NAV

₹9.5014

as of 28 Sept 2026

Expense Ratio

1.88%

AUM

₹7 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
—
3Y
—
5Y
—
Since Inception
-4.99%

SIP returns (XIRR)

1Y
—
3Y
—
5Y
—
Since Inception
-14.13%

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

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

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

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. 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 ₹7.2 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against Nifty Midcap 150 Index - TRI. The current expense ratio is 1.88%.

Who Should Invest?

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