Groww Nifty PSU Bank Index Fund - Regular Plan - Growth
Groww Asset Management Ltd.
₹9.61 (+1.62%)
NAV as of 9 Oct 2026
Minimum Investment: ₹500
Return
0.00% Returns for 1Y
Expense ratio & Others
- Net expense ratio
- 0.85%
- Exit load
- 0%
- Lock-in
- No
- Minimum investment
- ₹500
- Category
- Index Funds
Expense ratio is inclusive of GST. Returns may be taxed based on the fund type and your holding period — please read the scheme-related documents and consult a tax advisor. Figures are historical and do not guarantee future results.
Fund Returns Estimator
One-time investment
₹1,000
6 months
₹937
Invested ₹1,000
▼-6.33%1 year
₹1,000
Invested ₹1,000
▲+0.00%
Based on the fund’s historic trailing returns — a planning illustration, not a guarantee of future results.
Invest One-TimePlan it your way
The figures above are fixed to this fund’s past returns over set periods. Use a calculator to set your own amount, tenure and expected rate of return.
Risk level
Riskometer scale
- Low
- Low to Moderate
- Moderate
- Moderate to High
- High
- Very HighThis fund
Riskometer level assigned by the fund house as per SEBI norms. It can change as the scheme’s portfolio changes.
Fund benchmark
| Primary Index Name | — |
|---|---|
| Secondary Index Name | — |
| Index Name | Nifty PSU Bank TR INR |
| Weighting | 100% |
Returns
| 1Y | 3Y | 5Y | 10Y | |
|---|---|---|---|---|
| Fund returns (%) | +0.00% | — | — | — |
| Cumulative returns (%) | +0.00% | — | — | — |
Fund Manager
| Manager | Shashi Kumar |
|---|---|
| Role | Manager |
| Manager Tenure | 0.52 yrs |
About Fund
| Date of Incorporation | 24 Mar 2026 |
|---|---|
| Fund House | Groww Asset Management Ltd. |
| Custodian | SBI-SG Global Securities Services Private Limited |
| Registrar / Transfer Agent | Groww Asset Management Ltd. |
| Address | “B Wing”, “Jeevan Seva” Annexe Bldg.,Ground Floor, S.V. Road,Santacruz (W),,Mumbai – 400054 |
Top Holdings
| Company | Weightage (%) |
|---|---|
| State Bank of India | 34.03% |
| Bank of Baroda | 12.10% |
| Canara Bank | 11.66% |
| Punjab National Bank | 10.75% |
| Union Bank of India | 9.96% |
| Indian Bank | 8.68% |
| Bank of India | 4.70% |
| Bank of Maharashtra | 4.57% |
| Central Bank of India | 1.41% |
| Indian Overseas Bank | 1.30% |
Investment Strategy
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
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. The data shown is for information only and does not constitute investment advice.