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Index Fund📊 Nifty Midcap 150 Index - TRI

Groww Nifty PSU Bank Index Fund · Regular · Growth

Groww Mutual Fund

NAV

₹10.4523

as of 17 Jun 2026

Expense Ratio

see scheme documents

AUM

₹0 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
3Y
5Y
Since Inception
+4.52%

SIP returns (XIRR)

1Y
3Y
5Y
Since Inception
+40.81%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹1,500

Invested

₹1,525

Value today

15.5%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹997

Value today

-1.3%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹6,10,717

Value today

+2.1%

vs lumpsum

STP beat direct lumpsum by 2.1% — reduced timing risk paid off

Model your own STP with real NAV

Performance Comparison

Sectoral allocation

as of 30 Apr 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 ₹0.5 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