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As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
We have shifted from our proprietary CapRank classification system to SEBI’s market cap classification system with effect from 14 Jan, 2026.
₹-- Cr
--
500
--
--
--
About Groww Nifty PSU Bank ETF-Growth
Groww Nifty PSU Bank ETF-Growth is a equity mutual fund scheme of Groww Mutual Fund. Launched on March 30, 2026, it is currently managed by Nikhil Satam, Aakash Ashokkumar Chauhan and Shashi Kumar. The fund has an expense ratio of --% with an overall AUM (Assets Under Management) of ₹-- Cr.
Groww Nifty PSU Bank ETF is mandated to invest at least 80 per cent of its assets in the shares of banks and financial services companies. Being passively managed, it replicates the portfolio of its chosen benchmark index. The fund allows minimum lumpsum investment of ₹500 and minimum SIP of ₹--.
Suitability
Nobody should invest in Banking funds in our opinion, because:
If you still choose to invest:
To invest in Groww Nifty PSU Bank ETF-Growth you need a demat account and a trading account with a stockbroker, as Exchange Traded Funds (ETFs) are bought and sold on the stock exchange just like shares. You can purchase Groww Nifty PSU Bank ETF-Growth directly through your broker’s platform.
Over the past five years, Groww Nifty PSU Bank ETF-Growth has delivered an annualised return of % as of 19-Mar-2026.
The minimum investment required to start investing in Groww Nifty PSU Bank ETF-Growth is ₹500 for the lump sum option and ₹-- for the SIP (Systematic Investment Plan) option.
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