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Index Fund
Groww Mutual Fund
Groww Mutual Fund · Index Fund

Groww Nifty PSU Bank Index Fund Regular Growth

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.

Benchmark · Nifty PSU Bank TRITER · 1.41%Inception · 06-03-2026
NAV
9.77
+1.34% · as of 14-05-2026
Since inception
-0.86%
CAGR
Benchmark (inception)
18.02%
CAGR
Fund size
₹0 Cr
AUM
Expense ratio
1.41%
28-04-2026
Performance

Returns vs benchmark & category

Since inception: +-0.86% CAGR vs benchmark +18.02%.

Portfolio

Where the money is invested

Top holdings

STATE BANK OF INDIA EQ NEW RE. 1/-33.17%
Bank of Baroda13.63%
Canara Bank12.35%
PUNJAB NATIONAL BANK EQ NEW FV RS. 2/-10.29%
Union Bank of India9.41%
Indian Bank8.87%
Bank of India4.94%
Bank of Maharashtra3.71%
Indian Overseas Bank1.36%
Central Bank of India0.91%

Sector allocation

Financial Services99.67%
Riskometer
LowVery High
Very High

What if you'd SIP'd here?

@ -0.9% p.a.
₹10,000
10 years
Projected value
₹11,49,418
Invested: ₹12,00,000
Gained: -₹50,582
Start this SIP →

Illustration based on fund's since-inception return. Past performance is not indicative of future returns.

Risk Analysis

How this fund manages risk

Fund manager
M
Mr. Aakash Chauhan, Mr. Nikhil Satam, Mr. Shashi Kumar
Manager since fund inception data not available
ISIN & identifiers
AMFI code
154284
ISIN (Growth)
INF666M01OK4
ISIN (Div Re-inv)
Status
Open Ended Schemes
Peers

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