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Groww Nifty PSU Bank Index Fund - Regular (G)

OtherIndex Fund

Last Updated NAV Date: 30 Jul 2026

3 Year Returns

N/A

NAV (₹)

9.9096

1 Day NAV Change

0.12%

No chart data available for this period.

Fund Details

Min. SIP Amount₹ 100
Min. Lumpsum Amount₹ 500
AUM₹ 7.79 Cr
Expense Ratio1.42%
Lock-in PeriodNo Lock-in Period
Inception Date24 Mar 2026
Fund Age0 Yrs

Exit Load

Nil

Fund’s Investment Objective

The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty PSU Bank Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty PSU Bank Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Calculate Your Mutual Fund Returns

Returns Estimator

Estimation is based on the past performance

Expected Rate of Return

The value of your investment after 5 Years will be

₹4,12,432

Invested Amount

₹3,00,000

Est. Returns

₹1,12,432

Scheme’s Historical Return

1 Month Return-3.51%
3 Month Return-3.78%

Asset Allocation

AUM

₹1,33,309.00 Cr

Cash Holdings

21.45%

Equity

70.84%

Cash

21.45%

Debt

1.71%

Other

6%

Sector Holdings

Last Updated: 30 Jun 2026
SectorsAllocationWeightageValue (in Cr.)
Banks
100.00%₹ 7.791

Stock Holdings

Last Updated: 30 Jun 2026
NameAllocationWeightageValue (in Cr.)Sector
SBI
32.85%₹ 2.56Banks
Bank of Baroda
13.76%₹ 1.072Banks
Canara Bank
11.49%₹ 0.895Banks
Punjab Natl.Bank
10.01%₹ 0.78Banks
Union Bank (I)
9.08%₹ 0.707Banks
Indian Bank
7.86%₹ 0.612Banks
Bank of Maha
5.07%₹ 0.395Banks
Bank of India
4.65%₹ 0.362Banks
Central Bank
1.51%₹ 0.118Banks
I O B
1.36%₹ 0.106Banks

Fund Manager Details

Mr. Nikhil Satam has an overall 7 years of experienc in the Financial Sector out of which 1.5 years of experience was as a dealer. Prior to joining GMF he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd). B. com & Masters in Finance (MFM)

Risk-O-Meter

Very High Risk

Investors understand that their principal will be at Very High Risk

Risk Scale

Low
Moderately Low
Moderate
Moderately High
High
Very High

AMC Information

Groww Mutual Fund

Funds Managed

62

Assets Managed

₹ 5,778.12 Cr

Contact Details

www.growwmf.in
support@growwmf.in
022-69744435

Registered Address

505 - 5th Floor, Tower 2B, One WorldCenter, Lower Parel,Mumbai - 400013, Maharashtra

Managing Director

Ashok Kacker

Chief Executive Officer

Mr. Varun Gupta

Compliance Officer

Hemal Atul Zaveri

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Disclaimer

The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...

Frequently Asked Questions

You can withdraw your investment from Groww Nifty PSU Bank Index Fund - Regular (G) through your mutual fund app, AMC website, or demat or stock broker online account at the applicable NAV.
The minimum investment for Groww Nifty PSU Bank Index Fund - Regular (G) is ₹ 500 for Lumpsum and ₹ 100 for SIP. You can open a demat account or login to the existing stock broker online account to get started.
Groww Nifty PSU Bank Index Fund - Regular (G) has a lock-in period of No Lock-in Period. Schemes with a lock-in restrict withdrawals or redemptions for that duration, while schemes with no lock-in allow you to redeem anytime.
The average annualized return of Groww Nifty PSU Bank Index Fund - Regular (G) over the past three years is N/A.
The current NAV of Groww Nifty PSU Bank Index Fund - Regular (G) is 9.9096.
The Expense ratio of Groww Nifty PSU Bank Index Fund - Regular (G) is 1.42%. It is an annual charge for running the mutual fund. You can find the same on the factsheet and the Asset Management Companies website.
The latest AUM of the Groww Nifty PSU Bank Index Fund - Regular (G) fund is ₹ 7.79 Cr. It represents the total assets held and managed by the fund.
The exit load for Groww Nifty PSU Bank Index Fund - Regular (G) is Nil.
The fund managers of the Groww Nifty PSU Bank Index Fund - Regular (G) are Nikhil Satam, Aakash Chauhan, Shashi Kumar. However, with management's discretion, the fund manager could also change during the tenure.
Groww Nifty PSU Bank Index Fund - Regular (G) was launched on 24 Mar 2026. Since then, the fund has formed an NAV (Net Asset Value) of 9.9096.

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