Groww Nifty PSU Bank Index Fund

Equity

Groww Mutual Fund

Index Funds

Get the latest NAV of Groww Nifty PSU Bank Index Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹10.00

NAV as on 18 Mar 2026

Peer comparison

Fund Name	INDmoney Rank	AUM (in Crs.)	Expense Ratio	1Y Returns	3Y Returns	3Y Alpha	3Y Beta	3Y Sharpe	3Y Sortino	3Y Info Ratio
DSP Nifty 50 Equal Weight Index Fund	3/22	2,471Cr	0.41%	10.86%	17.2%	--	--	1.03	1.69	--
UTI Nifty200 Momentum 30 Index Fund	-	8,712Cr	0.44%	7.46%	17%	-0.27	1.00	0.83	1.26	-1.50
Motilal Oswal Nifty India Defence Index Fund	-	4,087Cr	0.58%	39.27%	-	--	--	--	--	--
Motilal Oswal Nifty Midcap 150 Index Fund	-	3,135Cr	0.23%	13.15%	21.75%	-0.21	1.00	1.09	1.78	-3.88

See all

Groww Nifty PSU Bank Index Fund Overview

NAV Price	₹ 10
Launch Date	06 March 2026
End Date	20 March 2026
Allotment Date	08 April 2026
Exit Load	0%
Benchmark	IISL Nifty PSU Bank TR INR
Min Lumpsum/SIP	₹500/₹500
Risk	Very High Risk

About Groww Nifty PSU Bank Index Fund

Groww Nifty PSU Bank Index Fund is an equity new fund offer (NFO) launched by Groww Asset Management Ltd.. The investors can apply to the NFO from 06 March 2026 to 20 March 2026. As per the SEBI defined riskometer, the Groww Nifty PSU Bank Index Fund is rated Very High Risk.

Groww Nifty PSU Bank Index Fund has defined its benchmark as IISL Nifty PSU Bank TR INR.

Fund Manager

Aakash Chauhan

Fund Manager of Groww Nifty PSU Bank Index Fund, since 8 April 2026

Nikhil Satam

Fund Manager of Groww Nifty PSU Bank Index Fund, since 8 April 2026

Shashi Kumar

Fund Manager of Groww Nifty PSU Bank Index Fund, since 8 April 2026

Learn more about Groww Mutual Fund

Frequently Asked Questions for Groww Nifty PSU Bank Index Fund

What is the start date of Groww Nifty PSU Bank Index Fund NFO (new fund offer)?

Groww Nifty PSU Bank Index Fund NFO (new fund offer) start date: 2026-03-06.

What is the close date of Groww Nifty PSU Bank Index Fund NFO (new fund offer)?

Groww Nifty PSU Bank Index Fund NFO (new fund offer) close date: 2026-03-20.

What is the unit value (NAV) Groww Nifty PSU Bank Index Fund NFO (new fund offer)?

Groww Nifty PSU Bank Index Fund NFO (new fund offer) NAV: Rs. ₹10.

Who is the fund manager of Groww Nifty PSU Bank Index Fund as per NFO filings?

Aakash Chauhan ,Nikhil Satam ,Shashi Kumar is the Fund Manager of Groww Nifty PSU Bank Index Fund as per NFO filings?

What is the allotment date of the Groww Nifty PSU Bank Index Fund NFO (new fund offer)?

Groww Nifty PSU Bank Index Fund NFO (new fund offer) allotment date: 2026-04-08