Groww Nifty PSU Bank Index Fund Direct Growth

Groww Nifty PSU 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. Nikhil Satam is the Current Fund Manager of Groww Nifty PSU Bank Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,262 Cr and the Latest NAV as of 06 Mar 2026 is ₹10.00. The Groww Nifty PSU Bank Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. ;

Investment Objective

The scheme seeks 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. ;