GMP IPO Watch
Groww Nifty Private Bank Index Fund
Regular Plan · Income Distribution cum capital withdrawal · Groww Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
Want to invest in this fund?
Open a free demat & trading account with Zerodha to invest in direct mutual funds with zero commission.
Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +3.44% | +3.18% | 37 of 83 |
| 1M | +3.03% | +2.41% | 27 of 77 |
| 3M | -2.05% | -5.36% | 4 of 69 |
| YTD | +3.35% | -2.62% | 12 of 83 |
| INCEPTION | +7.81% | — | — |
Ranked among: Index Funds - Equity Funds.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | -1.01% | +6.71% | -6.57% | 26% | 9% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity100.13%
- Debt0.00%
- Cash-0.13%
- Other0.00%
Market Cap Split
- Large Cap81.47%
- Mid Cap15.62%
- Small Cap2.91%
- Others0.00%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 17.44 | 23.23 |
| P/B | 1.76 | 3.74 |
| Price / Sales | 4.38 | 3.20 |
| Dividend Yield (%) | 0.70 | 1.70 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| ICICI Bank | Banks | 21.56% | -0.48% |
| HDFC Bank | Banks | 20.85% | +2.24% |
| Kotak Bank | Banks | 19.87% | -0.84% |
| Axis Bank | Banks | 19.30% | +0.34% |
| Federal Bank | Banks | 5.36% | -0.54% |
| Indusind Bank | Banks | 4.06% | -0.43% |
| IDFC First Bank | Banks | 3.70% | -0.12% |
| Yes Bank | Banks | 2.52% | -0.17% |
| RBL Bank | Banks | 1.71% | +0.13% |
| Bandhan Bank | Banks | 1.20% | +0.20% |
| Net Receivable/Payable | Net Current Assets | -0.13% | — |
Sector Allocation · Sep 2026
Risk Metrics
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 3Y | 0.12 | -0.69 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.85% (published 2026-10-27).
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Aditya Birla Sun Life Nifty India Defence Index Fund
Direct Plan · GROWTH
|
+9.53% | — | — | +12.43% |
|
Axis Nifty Smallcap 50 Index Fund
Direct Plan · Growth Option
|
+5.44% | +15.88% | — | +16.26% |
|
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund
Regular Plan · GROWTH
|
+4.75% | +15.40% | +11.47% | +15.18% |
|
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund
Direct Plan · Growth
|
+1.66% | — | — | +9.89% |
|
UTI Nifty India Manufacturing Index Fund
Direct Plan · Growth
|
+0.47% | — | — | +12.55% |
|
JioBlackRock Nifty Next 50 Index Fund
Direct Plan · Growth Option
|
-0.50% | — | — | +3.17% |
|
Axis Nifty Next 50 Index Fund
Direct Plan · Growth Option
|
-0.51% | +16.33% | — | +11.70% |
|
Aditya Birla Sun Life BSE 500 Quality 50 Index Fund
Direct Plan · GROWTH
|
-0.60% | — | — | +3.26% |
|
Groww Nifty Next 50 Index Fund
Direct Plan · Growth
|
-0.66% | — | — | +4.01% |
|
Axis Nifty500 Value 50 Index Fund
Direct Plan · Growth Option
|
-0.76% | — | — | +3.45% |
More From Groww Asset Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Groww Silver ETF FOF
Direct Plan · Growth
|
+17.47% | — | — | +44.91% |
| Groww Silver ETF | +17.38% | — | — | +47.79% |
| Groww Gold ETF | +12.95% | — | — | +29.95% |
|
Groww Gold ETF FOF
Direct Plan · Income Distribution cum capital withdrawal
|
+11.97% | — | — | +30.68% |
|
Groww Multicap Fund
Direct Plan · Growth
|
+11.88% | — | — | +11.22% |
| Groww Nifty India Defence ETF | +9.47% | — | — | +14.52% |
|
Groww Nifty India Defence ETF FOF
Direct Plan · Growth
|
+9.20% | — | — | +14.09% |
|
Groww Liquid Fund
Direct Plan · Growth
|
+6.50% | +6.94% | +6.34% | +6.80% |
|
Groww Overnight Fund
Direct Plan · Growth
|
+5.16% | +5.93% | +5.64% | +4.99% |
|
Groww Short Term Fund
Direct Plan · Growth
|
+5.06% | +7.43% | +6.23% | +7.44% |
About This Scheme
Investment Objective
The investment objective of the Scheme is 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. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Stated Asset Allocation
Constituents of Nifty Private Bank Index - 95% to 100% Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds - 0% to 05% -
Exit Load
Nil
Fund Managers
Mr. Nikhil Satam, Mr. Aakash Chauhan & Mr. Shashi Kumar
Comanage
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.