Groww Nifty PSU Bank Index Fund
The scheme seeks 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.
Growthvine rating: 2/5 — ranked #56 of 85 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹9.40 (as of 2026-10-01) |
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| AUM | ₹4 Cr |
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| Expense ratio | 0.85% |
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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 | −12.58% |
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| Alpha | 0 |
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| Beta | 0 |
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Market cap allocation
| Large cap | 87.0% |
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| Mid cap | 11.3% |
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| Small cap | 1.7% |
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Concentration
| Top 5 holdings | 78.5% |
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| Top 10 holdings | 99.2% |
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| Total holdings | 12 |
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Top holdings
- State Bank Of India — 34.0%
- Bank Of Baroda — 12.1%
- Canara Bank — 11.7%
- Punjab National Bank — 10.8%
- Union Bank of India — 10.0%
- Indian Bank — 8.7%
- Bank of India — 4.7%
- Bank of maharashtra — 4.6%
- Central Bank of India — 1.4%
- Indian Overseas Bank — 1.3%
Top sectors
- Banking & Financial — 100.2%
- Cash — −0.2%
Calendar-year track record
No calendar-year history.