Groww Nifty PSU Bank ETF NFO

By Groww Mutual Fund Others ETF
Open for Subscription Closes in 11 days

Offer Price

₹10.00

Min. Investment

₹500

Open Date

06 Mar 2026

Close Date

20 Mar 2026

Groww Nifty PSU Bank ETF is a New Fund Offer (NFO) by Groww Asset Management Ltd. categorized under ETF. The NFO is open for subscription from 06 Mar 2026 to 20 Mar 2026. Investors can subscribe with a lumpsum investment of ₹500. The offer price is ₹10.00 per unit. The fund will be managed by Nikhil Satam. The fund has a risk rating of 'Very High' . It will benchmark against Nifty PSU Bank Total Return.

Fund Details

Offer Price
₹10.00 per unit
Subscription Period
06 Mar 2026 to 20 Mar 2026
Min. Lumpsum Amount
₹500
Scheme Type
Open Ended
Category
Others - Index Funds/ETFs
Risk Level
Very High
Exit Load
-
Benchmark
Nifty PSU Bank Total Return
Plan Options
Growth

Fund Objective

The investment objective of the Scheme is 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. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

AMC Details

Name
Groww Mutual Fund
Fund Managers
Mr. Nikhil Satam (Equity)
Mr. Aakash Ashokkumar Chauhan (Equity)
Mr. Shashi Kumar (Equity)
Website
https://www.growwmf.in/

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Scheme Name
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Returns
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AUM (Cr)
Expense Ratio
Risk Meter
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Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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