Groww Nifty PSU Bank Index Fund Regular IDCW
Category: Index Fund
Launch Date: 06-03-2026
AUM:
₹ 7.79 Cr
Expense Ratio
1.42%
Benchmark
Nifty PSU Bank TRI
ISIN
INF666M01OL2
Minimum Investment
500.0
Minimum Topup
500.0
Minimum SIP Amount
100
Fund Manager
Mr. Aakash Chauhan, Mr. Nikhil Satam, Mr. Shashi Kumar
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Groww Nifty PSU Bank Index Fund Regular IDCW | - | - | - |
| Nifty PSU Bank TRI | 20.2 | 22.99 | 29.51 |
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
9.9544
Last change
0.02 (0.213%)
Fund Size (AUM)
₹ 7.79 Cr
Performance
1.05% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
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.
Fund Manager
Mr. Aakash Chauhan, Mr. Nikhil Satam, Mr. Shashi Kumar
Riskometer
Very High
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| STATE BANK OF INDIA EQ NEW RE. 1/- | 31.45 |
| BANK OF BARODA EQ NEW FV RS. 2/- | 14.23 |
| Canara Bank | 12.6 |
| PUNJAB NATIONAL BANK EQ NEW FV RS. 2/- | 10.45 |
| UNION BANK OF INDIA EQ | 9.27 |
| INDIAN BANK EQ | 8.41 |
| BANK OF INDIA EQ | 4.86 |
| BANK OF MAHARASHTRA EQ | 4.61 |
| INDIAN OVERSEAS BANK EQ | 1.39 |
| CENTRAL BANK OF INDIA EQ | 0.86 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 99.25 |