NAV on (17 Apr 2026 )
₹10.57 ▲
(+0.72%)
Fund Size
₹5.21 Crores
1Y Returns
0.00 %
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.
Launch Date
March 6, 2026
Fund Manager
Mr. Nikhil Satam
Initial Price
10
AUM Fund
5.21 Cr
Min investment
Rs 500
Expense Ratio
0.4%
Daily - Rs. 100/- and in multiples of Re.1/- thereafter. Minimum 180 installments.Weekly - Rs. 100/- and in multiples of Re.1/- thereafter. Minimum 24 installments.Monthly - Rs. 500/- and in multiples of Re.1/- thereafter. Minimum 12 installments.Quarterly - Rs. 500/- and in multiples of Re.1/- thereafter. Minimum 4 installments.
Nil
1 Month
NA
6 Months
NA
1 Year
NA
2 Years (CAGR)
NA
3 Years (CAGR)
NA
5 Years (CAGR)
NA
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 159.17% | 0.00% | ₹5197.1 | |
| 158.81% | 0.00% | ₹3623.01 | |
| 158.80% | 0.00% | ₹3623.01 | |
| 158.60% | 220.62% | ₹14511.43 | |
| 158.37% | 219.60% | ₹1631.16 |
Q: What is the current NAV of Groww Nifty PSU Bank Index Fund - Direct Plan - IDCW?
A: The latest NAV of Groww Nifty PSU Bank Index Fund - Direct Plan - IDCW is ₹ 10.57 as on 17 Apr 2026.
Q: What type of mutual fund is Groww Nifty PSU Bank Index Fund - Direct Plan - IDCW?
A: Groww Nifty PSU Bank Index Fund - Direct Plan - IDCW is a 'Equity - Others' type mutual fund managed by 'Groww Asset Management Ltd.'.
Q: What is the expense ratio of Groww Nifty PSU Bank Index Fund - Direct Plan - IDCW?
A: The expense ratio of Groww Nifty PSU Bank Index Fund - Direct Plan - IDCW is 0.4%, which impacts overall returns.
Q: Who manages Groww Nifty PSU Bank Index Fund - Direct Plan - IDCW?
A: Groww Nifty PSU Bank Index Fund - Direct Plan - IDCW is managed by Mr. Nikhil Satam, who oversees investment strategy and portfolio decisions.
Q: Is Groww Nifty PSU Bank Index Fund - Direct Plan - IDCW a good investment?
A: Groww Nifty PSU Bank Index Fund - Direct Plan - IDCW may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of Groww Nifty PSU Bank Index Fund - Direct Plan - IDCW?
A: The exit load of Groww Nifty PSU Bank Index Fund - Direct Plan - IDCW is Nil, applicable if redeemed within the specified period.
Q: How is Groww Nifty PSU Bank Index Fund - Direct Plan - IDCW taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
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