Key metrics
Further reading: Why large-cap funds show deeper drawdowns than small caps
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | 2.62% | -0.40% | -2.12% | -9.04% | – | – | – | – | – |
NAV history
About this fund
Groww Nifty PSU Bank Index Fund is a passive index fund/ETF offered by Groww Mutual Fund, classified under Equity as Index Funds - Equity Funds. It aims to mirror an index rather than beat it, usually at a lower cost than active funds. Its latest NAV is ₹9.78, with assets under management of about ₹7 Cr (April - June 2026).
Further reading: How much does the category decide, and how much the fund?
Performance analysis
Groww Nifty PSU Bank Index Fund does not yet have a full one-year track record, so trailing returns are limited. The direct-plan base expense ratio is 0.40%, deducted daily from the NAV.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Choice Nifty 50 Index Fund Index Funds - Equity Funds | -2.74 | -5.38 | -6.36 | – | – | – | – | 0.13 |
| Choice Nifty Next 50 Index Fund Index Funds - Equity Funds | -6.16 | -6.59 | -5.54 | – | – | – | – | 0.22 |
| Zerodha Nifty MidSmallcap400 50:50 Index Fund Index Funds - Equity Funds | -7.82 | -6.99 | -2.07 | – | – | – | – | 0.25 |
| Axis Nifty India Defence Index Fund Index Funds - Equity Funds | -7.26 | -6.71 | – | – | – | – | – | 0.20 |
| Invesco India BSE Sensex Index Fund Index Funds - Equity Funds | -1.70 | -4.61 | – | – | – | – | – | 0.15 |
| Invesco India Nifty Bank Index Fund Index Funds - Equity Funds | -2.25 | -3.68 | – | – | – | – | – | 0.14 |
| Groww Nifty Private Bank Index Fund Index Funds - Equity Funds | -1.62 | -2.24 | – | – | – | – | – | 0.31 |
| Axis Nifty Capital Markets Index Fund Index Funds - Equity Funds | -4.17 | -4.98 | – | – | – | – | – | 0.20 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Groww Value Fund Equity Scheme - Value Fund | -3.99 | -4.49 | -2.20 | -4.75 | 11.09 | 9.63 | 10.27 | 0.84 |
| Groww ELSS Tax Saver Fund Equity Scheme - ELSS | -4.23 | -4.80 | -5.02 | -11.47 | 7.72 | 6.99 | – | 0.79 |
| Groww Dynamic Term Fund Debt Scheme - Dynamic Bond Fund | -0.48 | 0.39 | 1.56 | 2.18 | 5.76 | 5.01 | – | 0.37 |
| Groww Aggressive Hybrid Fund Hybrid Scheme - Aggressive Hybrid Fund | -3.36 | -3.63 | -3.13 | -6.37 | 7.92 | 6.70 | – | 1.23 |
| Groww Overnight Fund Debt Scheme - Overnight Fund | 0.43 | 1.25 | 2.53 | 5.15 | 5.95 | 5.62 | – | 0.10 |
| Groww Banking & Financial Services Fund Sectoral/Thematic - Banking/Financial | -8.92 | -7.36 | -2.75 | 1.07 | – | – | – | 0.46 |
| Groww Nifty EV & New Age Automotive ETF FOF Other Scheme - FoF Domestic | -8.17 | -8.92 | -4.43 | -7.69 | – | – | – | 0.12 |
| Groww Nifty India Defence ETF FOF Other Scheme - FoF Domestic | -7.22 | -7.55 | -2.61 | 7.10 | – | – | – | 0.10 |