- AMC
- Groww Mutual Fund
- Category
- Equity Funds
- ISIN
- INF666M01OV1
Groww Nifty Private Bank Index Fund
₹10.1279
−₹0.1906 (−1.85%)
NAV · Direct · IDCW ·
Groww Nifty Private Bank Index Fund's Direct IDCW NAV was ₹10.1279 on 19 Oct 2026, down 1.85% on the day. It is up 4.62% since launch.
- Expense ratio
- 1.59%
- Fund size
- ₹2.54 Cr
- Min. investment
- ₹500
NAV history
Between 2 Jun 2026 and 19 Oct 2026, the NAV ranged from ₹9.6592 to ₹10.6069.
Direct · IDCW plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.
Fund details
- Expense ratio
- 1.59% (Direct)
- Exit load
- nil
- Riskometer
- Very high
- Benchmark
- Nifty Private Bank Index - TRI
- Launched
- 6 May 2026
- Fund managers
- Nikhil Satam, Shashi Kumar, Aakash Chauhan
Fund size, expense ratio and minimums as of 16 Oct 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | Since launch |
|---|---|---|---|---|---|
| Direct · Growth | INF666M01OU3 | ₹10.1279 | −1.85% | 1.59% | +4.62% |
| Regular · Growth | INF666M01OX7 | ₹10.1004 | −1.85% | 2.26% | +4.35% |
| Direct · IDCW | INF666M01OV1 | ₹10.1279 | −1.85% | 1.59% | +4.62% |
| Regular · IDCW | INF666M01OY5 | ₹10.1004 | −1.85% | 2.26% | +4.35% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
About this fund
Groww Nifty Private Bank Index Fund is an open-ended mutual fund from Groww Mutual Fund, in the Equity Funds category. It began on 6 May 2026. It is benchmarked to the Nifty Private Bank Index - TRI. The fund manages ₹2.54 Cr across its plans as of 16 Oct 2026. The Direct · IDCW plan has an expense ratio of 1.59%. The minimum first investment is ₹500, and SIPs are available.
FAQs
What is the NAV of Groww Nifty Private Bank Index Fund?
The NAV of Groww Nifty Private Bank Index Fund (Direct · IDCW) was ₹10.1279 on 19 Oct 2026, down 1.85% from the previous NAV.
What plans does Groww Nifty Private Bank Index Fund have?
Groww Nifty Private Bank Index Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.
What is the expense ratio of Groww Nifty Private Bank Index Fund?
The Direct · IDCW plan of Groww Nifty Private Bank Index Fund has an expense ratio of 1.59%.
What is the fund size (AUM) of Groww Nifty Private Bank Index Fund?
Groww Nifty Private Bank Index Fund manages ₹2.54 Cr across all plans as of 16 Oct 2026.
What returns has Groww Nifty Private Bank Index Fund delivered?
Groww Nifty Private Bank Index Fund has returned +4.62% since launch. Past performance does not guarantee future returns.
What is the exit load of Groww Nifty Private Bank Index Fund?
Groww Nifty Private Bank Index Fund: nil.
What is the minimum investment and SIP amount for Groww Nifty Private Bank Index Fund?
The minimum first investment in Groww Nifty Private Bank Index Fund is ₹500, and ₹500 after that. SIPs are available (SIP available Daily (Rs.100, 180 instalments), Weekly (Rs.100, 24 instalments), Monthly (Rs.500, 12 instalments), Quarterly (Rs.500, 4 instalments). Dates: Daily-Every Business Day, Weekly-1st/8th/15th/22nd, Monthly & Quarterly-1st to 28th.).
How risky is Groww Nifty Private Bank Index Fund?
Groww Nifty Private Bank Index Fund is rated "very high risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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