Add to Cart
Invest at 0% Commission in 1,500+ Direct Mutual Fund Schemes
Home
Mutual FundsGroww Nifty Private Bank Index Fund Direct - GrowthG
Groww Nifty Private Bank Index Fund Direct - Growth
7.80%
1 Months ReturnsG
Groww Nifty Private Bank Index Fund Direct - Growth
7.80%1 M Returns
1 M Returnsas on 07 Jul 2026
Groww Nifty Private Bank Index Fund Direct - Growth is a mutual fund scheme launched on 25 May 2026. Investors can begin their investment journey with a minimum SIP of ₹500 or a lumpsum investment of ₹500. The fund manages total assets worth ₹5.84 crores, and the current NAV stands at ₹10.5280 as of 07 Jul 2026. The expense ratio of the fund is 0.36%.
NAV ₹ 10.5280 (-0.15%)
NAV
NIFTY50
NAV
NIFTY50
NAV ₹ 10.5280 (-0.15%)
CompareReturns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
1M
₹ 50.00K
3.50%
₹ 50.33K
8.00%
₹ 50.33K
7.80%
Savings Account
Regular Funds
This Fund on Dhan
Total Investment
₹ 50,000
Returns
₹ 325 (7.80%)
Maturity Value
₹ 50,325
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 5.84 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹5.84 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
Sorry, No Data Available at this Moment!
Stock Holdings
Sorry, No Data Available at this Moment!
Fund Comparison
Fund Details
52W High NAV
₹ 10.5436
Min. SIP Amount
₹ 500.00
Min. Lumpsum Amount
₹ 500.00
AUM (in Cr.)
₹ 5.84
Expense Ratio
0.36%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 9.6592
Inception Date
25 May 2026
Fund Age
0 Yrs
Benchmark
NIFTY Private Bank Index TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- No charges for withdrawal
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Nikhil Satam | B. com & Masters in Finance (MFM) |
| Aakash Chauhan | MBA in Finance |
| Shashi Kumar | PGDBM, BBA |
Fund Objective
The investment objective of the Scheme is 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. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Groww Mutual Fund
No. of Schemes
37
Total AUM
₹ 3,790.95 Cr
Contact Details
505 - 5th Floor, Tower 2B, One WorldCenter, Lower Parel,Mumbai - 400013, Maharashtra
Contact Details
022-69744435505 - 5th Floor, Tower 2B, One WorldCenter, Lower Parel,Mumbai - 400013, Maharashtra
Open NFOs
Sorry, No Data Available at this Moment!
FAQs
When was Groww Nifty Private Bank Index Fund launched?
Groww Nifty Private Bank Index Fund was launched on 25 May 2026.
What is the current NAV of Groww Nifty Private Bank Index Fund?
The current NAV of Groww Nifty Private Bank Index Fund is ₹10.5280 as of 07 Jul 2026.
What is the AUM of Groww Nifty Private Bank Index Fund?
The latest value of AUM of Groww Nifty Private Bank Index Fund is ₹5.84 crores as of 07 Jul 2026.
What is the rate of return of Groww Nifty Private Bank Index Fund?
The return on investment of Groww Nifty Private Bank Index Fund is:
- In the past 1Y: 0.00%
- In the past 3Y: 0.00%
- In the past 5Y: 0.00%
What is the expense ratio of Groww Nifty Private Bank Index Fund?
The expense ratio of Groww Nifty Private Bank Index Fund is 0.36%.
What is exit load of Groww Nifty Private Bank Index Fund?
The exit load of Groww Nifty Private Bank Index Fund is as follows:
No charges for withdrawal
What is the portfolio of Groww Nifty Private Bank Index Fund?
The portfolio of Groww Nifty Private Bank Index Fund includes:
Top 3 sectoral holdings include:
No data to show right now!
Top 3 sectoral holdings include:
How risky is investing in Groww Nifty Private Bank Index Fund?
On the risk scale of Low, Moderately Low, Moderate, Moderately High, High and Very High, the risk-o-meter of Groww Nifty Private Bank Index Fund is Very High.
Who is the fund manager Groww Nifty Private Bank Index Fund?
The fund manager of Groww Nifty Private Bank Index Fund is Nikhil Satam, Aakash Chauhan, Shashi Kumar.
What is the minimum investment required in Groww Nifty Private Bank Index Fund?
If you wish to invest in Groww Nifty Private Bank Index Fund, the minimum SIP amount is ₹500 and Lumpsum is ₹500.
How to invest in Groww Nifty Private Bank Index Fund directly?
You can easily invest in mutual funds at 0% commission on Dhan. Here's how you can directly invest in Groww Nifty Private Bank Index Fund:
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.
