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Groww Nifty Private Bank Index Fund Direct Growth
NAV: 06 May '26
₹10.00
Min. for SIP
₹500
Fund size (AUM)
--
Expense ratio
--
Rating
--
Minimum investments
Min. for 1st investment
₹500
Min. for 2nd investment
₹500
Min. for SIP
₹500
Returns and rankings
Annualised returns
Absolute returns
| Name | 1M | 3M | 6M | All |
|---|---|---|---|---|
| Fund returns | -- | -- | -- | -- |
| Category average (null null) | -- | -- | -- | -- |
| Rank (null null) | -- | -- | -- | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
--
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Nippon India Small Cap Fund Direct Growth | +6.77% | +21.02% | 72,672.99 | |
Franklin India Mid Cap Fund Direct Growth | +1.18% | +20.05% | 12,102.39 | |
Franklin India Small Cap Fund Direct Growth | +1.15% | +18.51% | 13,850.25 | |
HDFC Small Cap Fund Direct Growth | +1.04% | +16.09% | 38,168.18 | |
Franklin India Technology Fund Direct Growth | -9.27% | +14.19% | 1,648.29 | |
| Compare | ||||
Fund management
AACAakash Ashokkumar ChauhanMay 2026 - PresentView details
AAC
Aakash Ashokkumar Chauhan
May 2026 - Present
View details
NSNikhil SatamMay 2026 - PresentView details
NS
Nikhil Satam
May 2026 - Present
View details
SKShashi KumarMay 2026 - PresentView details
SK
Shashi Kumar
May 2026 - Present
View details
About Groww Nifty Private Bank Index Fund Direct Growth
Groww Nifty Private Bank Index Fund Direct Growth is a -- Mutual Fund Scheme launched by Groww Mutual Fund. This scheme was made available to investors on 10 Apr 2008. Aakash Ashokkumar Chauhan is the Current Fund Manager of Groww Nifty Private Bank Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,910 Cr and the Latest NAV as of 06 May 2026 is ₹10.00.
The Groww Nifty Private Bank Index Fund Direct Growth is rated -- risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500.
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Investment Objective
The scheme seeks to generate long-term capital growth by investing in securities of the Nifty Private Bank Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty Private Bank Index, subject to tracking errors.
Fund benchmarkNifty Private Bank TRI
Fund house
Rank (total assets)#41 in India
Total AUM₹4,910.34 Cr
Date of Incorporation10 Apr 2008
Launch Date10 Apr 2008
Address505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel,Maharashtra Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,