Groww Nifty Private Bank Index Fund
The scheme seeks 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.
Growthvine rating: 2/5 — ranked #61 of 85 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹9.92 (as of 2026-10-01) |
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| AUM | ₹6 Cr |
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| Expense ratio | 0.90% |
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| Riskometer | Very High |
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| Fund manager | Aakash Ashokkumar Chauhan |
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| Exit load | 0 |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | −5.82% |
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| Alpha | 0 |
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| Beta | 0 |
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Market cap allocation
| Large cap | 80.5% |
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| Mid cap | 16.9% |
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| Small cap | 2.6% |
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Concentration
| Top 5 holdings | 86.2% |
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| Top 10 holdings | 99.8% |
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| Total holdings | 10 |
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Top holdings
- ICICI Bank Ltd. — 22.0%
- Kotak Mahindra Bank Ltd. — 20.7%
- AXIS Bank Ltd. — 19.0%
- HDFC Bank Ltd. — 18.6%
- Federal Bank Ltd. — 5.9%
- IndusInd Bank Ltd. — 4.5%
- IDFC FIRST BANK LIMITED — 3.8%
- Yes Bank Ltd. — 2.7%
- RBL Bank Limited — 1.6%
- Bandhan Bank Limited — 1.0%
Top sectors
- Banking & Financial — 99.8%
- Cash — 0.2%
Calendar-year track record
No calendar-year history.