Groww Nifty PSU Bank Index Fund - Direct Plan - Growth
Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market. From Groww Mutual Fund. It's been running since 27 Mar 2026.
Vs 95 other funds in Index Funds - Equity Funds
Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.
Price over time
How the per-unit price has moved. Tap a range to zoom in.
Bumpiness & worst drops
The value swings roughly 23% up or down in a typical year. Finance-speak calls this volatility.
A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.
Similar funds you might want to look at
Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.
Head-to-head comparisons
Side-by-side comparisons of Groww Nifty PSU Bank Index Fund - Direct Plan - Growth against other index funds.
Technical details (for the pros)
Fund info
- Fund house
- Groww Mutual Fund
- Category
- Index Funds - Equity Funds
- Plan
- Direct
- Option
- Growth
- ISIN (Growth)
- INF666M01OH0
- ISIN (Div re-invest)
- —
- Fund code
- 154278
- First price on record
- 27 Mar 2026 · 111 daily prices
About Groww Nifty PSU Bank Index Fund - Direct Plan - Growth
Groww Nifty PSU Bank Index Fund - Direct Plan - Growth is a Index Funds - Equity Funds offered by Groww Mutual Fund under the Direct plan with the Growth option. It has approximately 1 year of NAV track record. The fund falls in the index category — Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.
The current NAV of Groww Nifty PSU Bank Index Fund - Direct Plan - Growth is ₹10.1173 (as of 4 Sep 2026). Returns are historical and don't predict future performance.
Over the last three years, the fund's prices have moved with 23.2% annualised volatility — a "very high" level of bumpiness; its deepest peak-to-trough fall on record was 11.9%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.
Frequently asked
What is the latest NAV of Groww Nifty PSU Bank Index Fund - Direct Plan - Growth?+
The latest NAV of Groww Nifty PSU Bank Index Fund - Direct Plan - Growth is ₹10.1173 as of 4 Sep 2026, down 0.44% from the previous day. NAV is updated once a business day after the market close.
What category does Groww Nifty PSU Bank Index Fund - Direct Plan - Growth belong to?+
Groww Nifty PSU Bank Index Fund - Direct Plan - Growth is categorised as Index Funds - Equity Funds. Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.
How risky is Groww Nifty PSU Bank Index Fund - Direct Plan - Growth?+
Based on its 3-year annualised volatility of 23.2%, Groww Nifty PSU Bank Index Fund - Direct Plan - Growth sits in the "very high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.
Is Groww Nifty PSU Bank Index Fund - Direct Plan - Growth a direct plan?+
Groww Nifty PSU Bank Index Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).
How old is Groww Nifty PSU Bank Index Fund - Direct Plan - Growth?+
Groww Nifty PSU Bank Index Fund - Direct Plan - Growth has NAV history available from 27 Mar 2026 — approximately 1 year of track record and 111 daily NAV observations.
Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.