What is the latest NAV of Groww Nifty PSU Bank Index Fund Regular IDCW?

The latest NAV of Groww Nifty PSU Bank Index Fund Regular IDCW is ₹₹10.4873 as of 16 Apr 2026.

How to invest in Groww Nifty PSU Bank Index Fund Regular IDCW?

You can invest in Groww Nifty PSU Bank Index Fund Regular IDCW online through MFU (Mutual Fund Utility) via MFGenie.ai. The minimum SIP amount is ₹500.

Index Fundregularidcw📊 Respective Underlying Index(SEBI default)

Groww Nifty PSU Bank Index Fund Regular IDCW

Groww Mutual Fund

₹10.4873

₹0.02 (-0.17%)

NAV as of 16 Apr 2026

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Returns (Lumpsum)

CAGR for periods ≥ 1 year

1 Week—

1 Month—

3 Months—

6 Months—

1 Year—

3 Years (CAGR)—

5 Years (CAGR)—

10 Years (CAGR)—

Since Inception (Mar 2026)-4.54%

SIP Returns (XIRR)

₹1,000/month SIP, annualised

1 Year SIP—

3 Year SIP—

5 Year SIP—

Since Inception (Mar 2026)—

Fund Details

Fund HouseGroww Mutual Fund

CategoryIndex Fund

Plan Typeregular

Optionidcw

Min SIP₹500

Min Lumpsum₹1,000

BenchmarkRespective Underlying Index

Launch Date27 Mar 2026

AMFI Code154285

Performance Comparison

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Investment Objective

Groww Nifty PSU Bank Index Fund Regular IDCW 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 IDCW is a Index Fund mutual fund offered by Groww Mutual Fund. The fund has been operational for over 0 years. It benchmarks its performance against Respective Underlying Index.

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