Groww Nifty Private Bank Index Fund - Regular (G)

NFO

Open Date

06 May 2026

Close Date

20 May 2026

NAV

₹10.00

Scheme Information

NFO Opening

06 May 2026

NFO Closing

20 May 2026

Scheme Type

OPEN

Plan

Other

Min Investment

₹500

Fund’s Investment Objective

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

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)

AMC Information

Groww Mutual Fund

NFO

Funds Managed

59

Assets Managed

₹ 4,753.77 Cr

Contact Details

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

Other Open NFOs

11 records
Fund NameOpen DateClose DateMin. InvestmentAction
Edelweiss Nifty Next 50 ETF04 May 202614 May 2026₹5,000Invest Now
DSP Nifty FMCG ETF12 May 202614 May 2026₹5,000Invest Now
Axis Nifty Capital Markets Index Fund - Regular (G)04 May 202615 May 2026₹100Invest Now
SBI Nifty Smallcap 250 ETF07 May 202618 May 2026₹5,000Invest Now
SBI Nifty200 Value 30 ETF07 May 202618 May 2026₹5,000Invest Now
Groww Nifty Private Bank ETF06 May 202620 May 2026₹500Invest Now
Groww Nifty Private Bank Index Fund - Regular (IDCW)06 May 202620 May 2026₹500Invest Now
Motilal Oswal Contra Fund - Regular (G)08 May 202622 May 2026₹500Invest Now
Motilal Oswal Contra Fund - Regular (IDCW)08 May 202622 May 2026₹500Invest Now
Motilal Oswal BSE Clean Environment Index Fund - Reg (G)05 Jun 202619 Jun 2026₹500Invest Now
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

Groww Nifty Private Bank Index Fund - Regular (G) opens for subscription on 06 May 2026. Investors can apply during the offer period through online platforms or authorised distributors to invest in the NFO (New Fund Offer).
The subscription window for Groww Nifty Private Bank Index Fund - Regular (G) closes on 20 May 2026. Applications must be submitted before the closing date to participate in the NFO.
The minimum investment amount required to invest in Groww Nifty Private Bank Index Fund - Regular (G) is ₹500, with additional investments allowed as per the scheme guidelines.
Units of Groww Nifty Private Bank Index Fund - Regular (G) are available at an initial offer price of ₹10.00 per unit during the New Fund Offer period, before the scheme begins daily NAV-based pricing.
The investment objective of Groww Nifty Private Bank Index Fund - Regular (G) is to achieve its investment goal, by investing primarily in OPEN, subject to market risks and scheme strategy.

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