Groww Nifty PSU Bank Index Fund Direct-IDCW

  • 3 Months
  • 6 Months
  • 1 Year
  • 3 Years
  • 5 Years
  • RSI
3 Months Returns : -0.39%
NAV: ₹10.14 as on Thu Nov 05, 2026
Fund NAV

Fund Overview of Groww Nifty PSU Bank Index Fund Direct-IDCW

  • ₹5.4 Cr
    AUM
  • ₹10.14
    NAV
  • 1.24%
    Expense Ratio
  • Equity
    Fund Category
As on Thu Nov 05, 2026
Calculate your Returns
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Minimum amount you can invest: ₹500

Maximum amount you can invest: ₹1,00,000

We have used a return rate of 15% for our calculations.

The total value of your investment after 10 years will be
₹ 1,39,328.64
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Groww Nifty PSU Bank Index Fund Direct-IDCW Return Comparison

Tenure Absolute(%) Annualised(%) Category Average(%)
3 Months -0.39% NA 2.31%
6 Months 0.74% NA 15.50%
As on Thu Nov 05, 2026

Asset Allocation of Groww Nifty PSU Bank Index Fund Direct-IDCW

equities

100.20%
Large Cap: 86.81%
Mid Cap: 11.40%
Small Cap: 1.79%
Other: 0.00%
Top Holdings
State Bank Of India
32.85%
State Bank Of India
32.85%
State Bank Of India
32.85%
State Bank Of India
31.45%
State Bank Of India
33.88%
 
Top Sectors
Financial
590.31%
Detailed Portfolio Analysis
As on Thu Nov 05, 2026
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About Fund

About Groww Nifty PSU Bank Index Fund Direct-IDCW

Groww Nifty PSU Bank Index Fund Direct-IDCW is one Equity mutual fund offered by Groww Mutual Fund. Launched on 24 Mar 2026, the fund aims Long-term capital appreciation, Investment in equity and equity-related instruments of the Nifty PSU Bank Index. It manages assets worth ₹5.4 crore as on Wed Sep 30, 2026. The expense ratio stands at 1.24%.
The portfolio allocation consists of 100.20% in equities.it has delivered a return of 0.00% in the last year, a total return since inception of 1.39%.
While planning wealth creation strategies individuals generally look at best sip to invest depending on risk profile.

Read more

Groww Nifty PSU Bank Index Fund Direct-IDCW Fund Details

Fund Names Groww Nifty PSU Bank Index Fund Direct-IDCW
Inception Date 24 Mar 2026
Lock In No Lock-in
 
Risk Principal at very high risk
Category Average Annual Returns 10.43
More Details
Highest NAV in last 52 weeks & Lowest NAV in last 52 weeks

Compare Mutual Funds
Groww Nifty PSU Bank Index Fund Direct-IDCW Fund Returns Comparison

Compare Groww Nifty PSU Bank Index Fund Direct-IDCW with other mutual funds in the same category

Groww Nifty PSU Bank Index Fund Direct-IDCW

Nippon India ETF Nifty PSU Bank Bees

Kotak Nifty PSU Bank Exchange Traded Fund

Compare more funds

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Top Performing Mutual Funds

Fund Names AUM (Cr) 1M 3M 1Yr 3Yr 5Yr
Nippon India ETF Nifty PSU Bank Bees trend ₹3,932 6.78% 0.12% 2.97% 19.36% 24.59%
Kotak Nifty PSU Bank Exchange Traded Fund trend ₹2,491 6.78% 0.12% 2.95% 19.34% 24.59%
Invesco India Financial Services Fund Direct-Growth trend ₹1,790 5.70% -0.76% 4.47% 16.66% 13.74%
Invesco India Financial Services Fund Direct-IDCW trend ₹1,790 5.70% -0.76% 4.47% 16.66% 13.74%
Sundaram Financial Services Opportunities Fund Direct-Growth trend ₹1,614 2.96% -2.91% 0.54% 11.90% 12.63%
Sundaram Financial Services Opportunities Fund Direct-IDCW trend ₹1,614 2.96% -2.91% 0.54% 11.90% 12.63%
Invesco India Financial Services Fund Regular-Growth trend ₹1,790 5.58% -1.08% 3.15% 15.16% 12.25%
Invesco India Financial Services Fund Regular-IDCW trend ₹1,790 5.58% -1.08% 3.15% 15.16% 12.25%
SBI Banking & Financial Services Fund Direct-Growth trend ₹10,420 6.57% -0.20% -0.07% 16.62% 12.02%
SBI Banking & Financial Services Fund Direct-IDCW trend ₹10,420 6.57% -0.20% -0.07% 16.62% 12.02%
View More
increase growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns

More funds from Groww Mutual Fund

Fund Names AUM (Cr) 1M 3M 6M 1Yr 3Yr
Groww Banking & Financial Services Fund Regular-Growth increase ₹107 -1.10% -5.05% 0.99% 3.10% -
Groww Banking & Financial Services Fund Direct-Growth increase ₹107 -0.95% -4.62% 1.92% 5.06% -
Groww Banking & Financial Services Fund Direct-IDCW increase ₹107 -0.95% -4.62% 1.92% 5.06% -
Groww Banking & Financial Services Fund Regular-IDCW increase ₹107 -1.10% -5.05% 0.99% 3.10% -
Groww Nifty Private Bank ETF-Growth increase ₹7 6.95% 3.02% - - -
Groww Nifty PSU Bank ETF-Growth increase ₹6 6.78% 0.13% 1.81% - -
Groww Nifty Private Bank Index Fund Direct-Growth increase ₹6 6.87% 2.87% - - -
Groww Nifty Private Bank Index Fund Regular-Growth increase ₹6 6.80% 2.70% - - -
Groww Nifty Private Bank Index Fund Regular-IDCW increase ₹6 6.80% 2.70% - - -
Groww Nifty Private Bank Index Fund Direct-IDCW increase ₹6 6.87% 2.87% - - -
View More
increase growth is based on 1-month returns of the funds

Groww Nifty PSU Bank Index Fund Direct-IDCW Calculator

I want to invest Pro Tip
Financial experts suggest that a person should invest 10-15% of their monthly income for long-term financial growth
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I want to invest for Pro Tip
Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively
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Expected return Pro Tip
Top 25% of investors consistently generate more than 12% return
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I want to invest for Pro Tip
Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively
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Expected return Pro Tip
Top 25% of investors consistently generate more than 12% return
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Top Mutual Funds

Fund Names AUM (Cr) NAV 3Yr 5Yr 10Yr
ICICI Prudential Banking And Financial Services-Growth trend ₹10,774 ₹132.45 10.28% 8.29% 11.33%
ICICI Prudential Banking And Financial Services Direct Plan-Growth trend ₹10,774 ₹150.58 11.14% 9.17% 12.37%
ICICI Prudential Banking And Financial Services Direct Plan-IDCW trend ₹10,774 ₹69.19 11.14% 9.17% 12.37%
ICICI Prudential Banking And Financial Services-IDCW trend ₹10,774 ₹25.28 10.28% 8.29% 11.33%
SBI Banking & Financial Services Fund Regular-Growth trend ₹10,420 ₹44.03 15.41% 10.80% 14.06%
SBI Banking & Financial Services Fund Direct-Growth trend ₹10,420 ₹49.80 16.62% 12.02% 15.37%
SBI Banking & Financial Services Fund Direct-IDCW trend ₹10,420 ₹44.52 16.62% 12.02% 15.37%
SBI Banking & Financial Services Fund Regular-IDCW trend ₹10,420 ₹39.54 15.41% 10.80% 14.06%
Nippon India ETF Nifty Bank Bees trend ₹7,917 ₹598.81 10.65% 8.57% 11.98%
Nippon India Banking & Financial Services Fund-Growth trend ₹7,367 ₹633.84 11.02% 11.08% 12.46%
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Top funds are based on Fund AUM

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Groww Nifty PSU Bank Index Fund Direct-IDCW Detailed Portfolio

Stocks Sector % of Holding Value
State Bank Of IndiaFinancial32.85%₹2.56 Cr
State Bank Of IndiaFinancial32.85%₹2.56 Cr
State Bank Of IndiaFinancial32.85%₹2.56 Cr
State Bank Of IndiaFinancial31.45%₹2.40 Cr
State Bank Of IndiaFinancial33.88%₹2.33 Cr
State Bank Of IndiaFinancial33.39%₹1.81 Cr
State Bank Of IndiaFinancial33.39%₹1.81 Cr
State Bank Of IndiaFinancial33.39%₹1.81 Cr
State Bank Of IndiaFinancial33.39%₹1.81 Cr
State Bank Of IndiaFinancial33.17%₹1.73 Cr
State Bank Of IndiaFinancial34.03%₹1.52 Cr
State Bank Of IndiaFinancial34.03%₹1.52 Cr
State Bank Of IndiaFinancial34.03%₹1.52 Cr
State Bank Of IndiaFinancial34.03%₹1.52 Cr
State Bank Of IndiaFinancial34.03%₹1.52 Cr
State Bank Of IndiaFinancial34.03%₹1.52 Cr
Bank Of BarodaFinancial14.23%₹1.08 Cr
Bank Of BarodaFinancial13.76%₹1.07 Cr
Bank Of BarodaFinancial13.76%₹1.07 Cr
Bank Of BarodaFinancial13.76%₹1.07 Cr
View More

Top Equity Funds

Fund Names NAV 3Yr 5Yr 52 weeks high
Nippon India ETF Nifty PSU Bank Bees increase ₹95.58 19.36% 24.59% -
Kotak Nifty PSU Bank Exchange Traded Fund increase ₹85.66 19.34% 24.59% -
Invesco India Financial Services Fund Direct-Growth increase ₹177.73 16.66% 13.74% -
Invesco India Financial Services Fund Direct-IDCW increase ₹91.47 16.66% 13.74% -
Sundaram Financial Services Opportunities Fund Direct-Growth increase ₹121.84 11.90% 12.63% -
Sundaram Financial Services Opportunities Fund Direct-IDCW increase ₹33.23 11.90% 12.63% -
Invesco India Financial Services Fund Regular-Growth increase ₹146.26 15.16% 12.25% -
Invesco India Financial Services Fund Regular-IDCW increase ₹74.59 15.16% 12.25% -
SBI Banking & Financial Services Fund Direct-Growth increase ₹49.80 16.62% 12.02% -
SBI Banking & Financial Services Fund Direct-IDCW increase ₹44.52 16.62% 12.02% -
View More
increase growth is based on 5Y returns of the funds

Frequently Asked Questions

Groww Nifty PSU Bank Index Fund Direct-IDCW

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

As of Wed Sep 30, 2026, Groww Nifty PSU Bank Index Fund Direct-IDCW manages assets worth ₹5.4 crore

How has Groww Nifty PSU Bank Index Fund Direct-IDCW performed recently?

  • 3 Months: -0.39%
  • 6 Months: 0.74%

What is the long-term performance of Groww Nifty PSU Bank Index Fund Direct-IDCW?

  • Since Inception: 1.39%

What is the portfolio composition of Groww Nifty PSU Bank Index Fund Direct-IDCW?

Equity: 100.20%, Others: -0.20%.

What is the market-cap allocation of Groww Nifty PSU Bank Index Fund Direct-IDCW?

Large Cap: 86.81%, Mid Cap: 11.40%, Small Cap: 1.79%.

Which are the top companies Groww Nifty PSU Bank Index Fund Direct-IDCW has invested in?

  • State Bank of India – 32.85% of the fund's portfolio
  • State Bank of India – 32.85% of the fund's portfolio
  • State Bank of India – 32.85% of the fund's portfolio
  • State Bank of India – 31.45% of the fund's portfolio
  • State Bank of India – 33.88% of the fund's portfolio

Which are the major sectors Groww Nifty PSU Bank Index Fund Direct-IDCW focuses on?

  • Financial – 590.31% of the fund's portfolio
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