Groww Nifty PSU Bank Index Fund - Direct (G)

You can invest in Groww Nifty PSU Bank Index Fund - Direct (G) through a lump sum investment or a monthly SIP. The minimum lump sum investment is ₹500 and the minimum SIP amount is ₹100.

The latest NAV of Groww Nifty PSU Bank Index Fund - Direct (G) is ₹9.85.

Groww Nifty PSU Bank Index Fund - Direct (G) manages assets worth ₹4.47 Cr.

The expense ratio of Groww Nifty PSU Bank Index Fund - Direct (G) is 1.29%.

The exit load applicable on Groww Nifty PSU Bank Index Fund - Direct (G) is Nil..

As per the riskometer, Groww Nifty PSU Bank Index Fund - Direct (G) carries Very High risk.

Groww Nifty PSU Bank Index Fund - Direct (G) is managed by Groww Mutual Fund.

Groww Nifty PSU Bank Index Fund - Direct (G) belongs to the Index Fund category.

Groww Nifty PSU Bank Index Fund - Direct (G) is benchmarked against the Nifty PSU Bank TRI.

Groww Nifty PSU Bank Index Fund - Direct (G) has no lock-in period, so units can be redeemed at any time subject to the applicable exit load.

Groww Nifty PSU Bank Index Fund - Direct (G) was launched on 24 Mar 2026.

After the initial investment, you can invest in Groww Nifty PSU Bank Index Fund - Direct (G) in further multiples of ₹500.

The investment objective of the Scheme is 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. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.