Groww Nifty PSU Bank Index Fund - Direct Plan IDCW | Groww Nifty PSU Bank Index Fund - Direct Plan NAV Today [9.71], Performance & History

Other Index/ETF Direct

Regular

Direct

1 Year Absolute Returns

NAV (₹) on 02 Apr 2026

9.71

1 Day NAV Change

-0.44%

Risk Level

Very High Risk

Rating

Groww Nifty PSU Bank Index Fund - Direct Plan is a Equity mutual fund categorized under Index, offered by Groww Asset Management Ltd.. Launched on 06 Mar 2026, investors can start with a minimum SIP ... Read more

NAV History

Fund Details

Min. SIP Amount

₹500

Inception Date

06 Mar 2026

Min. Lumpsum Amount

₹ 500

Fund Age

0 Yrs

AUM

₹ 0 Cr.

Benchmark

Nifty PSU Bank Total Return

Expense Ratio

Scheme Type

Open Ended

Exit Load

Nil%

Returns

	Annualised returns
	9M	1Y	2Y	3Y
Fund returns	-	-	-	-
Category returns	-5.61%	2.67%	4.86%	20.82%

Fund 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 ... Read more

AMC Details

Name

Groww Asset Management Ltd.

Date of Incorporation

24 Mar 2011

CEO

Mr. Varun Gupta

CIO

Type

Pvt.Sector-Indian

Address

505 Â– 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel Mumbai, Maharashtra, India - 400013

Website

https://www.growwmf.in/

iro@growwmf.in

Top Funds from Others - Index Funds/ETFs

Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
Kotak Nifty 50 Index Fund Index Regular	₹14.77	-1.96%	32.95%	0.00%	₹1,055	0.32%	Very High
Kotak Nifty 50 Index Fund Index Regular	₹14.77	-1.96%	32.94%	0.00%	₹1,055	0.32%	Very High
Kotak Nifty 50 Index Fund Index Regular	₹14.77	-1.96%	32.94%	0.00%	₹1,055	0.32%	Very High
Franklin India NSE Nifty 50 Index Fund Index Regular	₹183.33	-2.11%	32.83%	56.29%	₹765	0.63%	Very High
Tata Nifty 50 Index Fund - Regular Plan Index Regular	₹141.23	-2.16%	32.81%	56.93%	₹1,514	0.51%	Very High
Bandhan Nifty 50 Index Fund Index Regular	₹44.38	-2.19%	32.76%	56.81%	₹2,245	0.60%	Very High
Bandhan Nifty 50 Index Fund Index Regular	₹44.38	-2.19%	32.76%	56.81%	₹2,245	0.60%	Very High
Bandhan Nifty 50 Index Fund Index Regular	₹48.89	-2.19%	32.71%	56.75%	₹2,245	0.60%	Very High
Edelweiss Nifty 50 Index Fund Index Regular	₹12.92	-2.06%	32.65%	0.00%	₹259	0.25%	Very High
Edelweiss Nifty 50 Index Fund Index Regular	₹12.92	-2.06%	32.65%	0.00%	₹259	0.25%	Very High

Top Funds from Groww Asset Management Ltd.

Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
Groww Aggressive Hybrid Fund Hybrid Regular	₹19.22	-1.59%	29.77%	46.21%	₹50	2.51%	Very High
Groww Aggressive Hybrid Fund Hybrid Regular	₹19.22	-1.59%	29.77%	46.21%	₹50	2.51%	Very High
Groww Aggressive Hybrid Fund Hybrid Regular	₹19.18	-1.59%	29.77%	46.20%	₹50	2.51%	Very High
Groww Aggressive Hybrid Fund Hybrid Regular	₹19.18	-1.59%	29.77%	46.20%	₹50	2.51%	Very High
Groww Aggressive Hybrid Fund Hybrid Regular	₹20.37	-1.59%	29.77%	46.20%	₹50	2.51%	Very High
Groww Aggressive Hybrid Fund Hybrid Regular	₹20.37	-1.59%	29.77%	46.20%	₹50	2.51%	Very High
Groww Aggressive Hybrid Fund Hybrid Regular	₹19.22	-1.59%	29.77%	46.20%	₹50	2.51%	Very High
Groww Aggressive Hybrid Fund Hybrid Regular	₹19.22	-1.59%	29.77%	46.20%	₹50	2.51%	Very High
Groww Aggressive Hybrid Fund Hybrid Regular	₹19.22	-1.59%	29.76%	46.19%	₹50	2.51%	Very High
Groww Short Duration Fund - Direct Plan STP Direct	₹2,477.26	5.84%	22.94%	33.94%	₹90	0.35%	Moderate

FAQs

What is the current NAV of Groww Nifty PSU Bank Index Fund - Direct Plan IDCW?

The current Net Asset Value (NAV) of Groww Nifty PSU Bank Index Fund - Direct Plan IDCW is ₹9.71 as of 02 Apr 2026. NAV represents the per-unit market value of the fund and is updated daily based on the closing prices of the underlying securities.

What are the historical returns of Groww Nifty PSU Bank Index Fund - Direct Plan IDCW?

Groww Nifty PSU Bank Index Fund - Direct Plan IDCW has delivered returns of 0.00% (1 Year), 0.00% (3 Year), 0.00% (5 Year). Past performance does not guarantee future results, and investors should consider their risk appetite before investing.

What is the risk level of Groww Nifty PSU Bank Index Fund - Direct Plan IDCW?

Groww Nifty PSU Bank Index Fund - Direct Plan IDCW has a risk rating of 'Very High' as per the SEBI Riskometer. This indicates the fund is suitable for very aggressive investors comfortable with significant market volatility. Investors should align their investment choices with their personal risk tolerance and financial goals.

What is the minimum investment amount for Groww Nifty PSU Bank Index Fund - Direct Plan IDCW?

The minimum lumpsum investment required for Groww Nifty PSU Bank Index Fund - Direct Plan IDCW is ₹500. The fund also offers SIP (Systematic Investment Plan) option starting from as low as ₹500, making it accessible for regular investments. This allows investors to start their mutual fund journey with a manageable amount.

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