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Groww Nifty PSU Bank Index Fund Growth Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
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Showing Funds Performance since Sep 07, 2020

Groww Nifty PSU Bank Index Fund Growth Fund Overview

Min. investment

SIP ₹500 & Lump. ₹500

AUM (Fund size)

₹7 Cr

Lock In Period

N/A

Expense Ratio

1.42

Exit Load

Nil

Benchmark

Nifty PSU Bank Total Return

Summary

Groww Nifty PSU Bank Index Fund Growth NAV is ₹9.5372 as of 21 May, 2026. Groww Nifty PSU Bank Index Fund Growth has delivered 0.00% returns since its launch. The minimum SIP investment amount in Groww Nifty PSU Bank Index Fund Growth is ₹500. The AUM of Groww Nifty PSU Bank Index Fund Growth is ₹7 Cr. The expense ratio of the fund is 1.42%, and its benchmark is Nifty PSU Bank Total Return. The current exit load of the fund is Nil. In the last 1M months, Groww Nifty PSU Bank Index Fund Growth has delivered -10.40% returns.

Groww Nifty PSU Bank Index Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M-10.40-1.0512.88
6M0.001.1773.24
1Y0.004.43178.75
3Y0.0014.09264.78

Portfolio Analysis

  • Equity: 100.53%
  • Debt: -0.54%
  • Others
As on: 2026-04-30
View allocation % by

1. State Bank of India33.88%
2. Bank of Baroda13.58%
3. Canara Bank12.61%
4. Punjab National Bank10.48%
5. Union Bank of India8.91%
6. Indian Bank8.36%
7. Bank of India4.72%
8. Bank of Maharashtra4.43%
9. Indian Overseas Bank1.42%
10. Central Bank of India0.99%
11. UCO Bank0.85%
12. Punjab & Sind Bank0.30%

About Fund Groww Nifty PSU Bank Index Fund Growth

Groww Nifty PSU Bank Index Fund Growth managed by Groww Mutual Fund,is a Equity - Index Fundscheme with Assets Under Management of ₹7 Crore. The fund benchmarks its performance against the Nifty PSU Bank Total Return while maintaining an expense ratio of 1.42. Under the expert guidance of Nikhil Satam ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Nikhil Satam

Mr. Nikhil Satam holds B. com, Masters in Finance. Prior to joining Groww MF he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd).

Peer Comparison

Fund NameRatingsAUMExpense Ratio
Kotak BSE PSU Index Fund Growth091.37 CR1.07
Groww Nifty PSU Bank Index Fund Growth06.87 CR1.42
ICICI Prudential Silver ETF Growth014714.8 CR0.4
HDFC Silver ETF Growth07649.03 CR0.5
Fund Name1Y3Y
This FundKotak BSE PSU Index Fund Growth8.4730
This FundGroww Nifty PSU Bank Index Fund Growth00
This FundICICI Prudential Silver ETF Growth177.375262.3597
This FundHDFC Silver ETF Growth175.6558264.7811

Groww Nifty PSU Bank Index Fund Growth FAQs

Groww Nifty PSU Bank Index Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Groww Nifty PSU Bank Index Fund Growth is 1.42. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Groww Nifty PSU Bank Index Fund Growth’s fund performance is as follows:
  • 1 Month : -10.40%
  • 6 Months : 0.00%
  • 1 Year : 0.00%
  • 3 Years : 0.00%
Returns of Groww Nifty PSU Bank Index Fund Growth are updated daily based on NAV of ₹ 9.5372 as on May 19,2026. Since inception, the return has been 0.00%.

You can invest in Groww Nifty PSU Bank Index Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Groww Nifty PSU Bank Index Fund Growth is ₹7 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Groww Nifty PSU Bank Index Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.