Compare Groww Nifty Private Bank Index Fund vs Quant BFSI Fund
Groww Nifty Private Bank Index Fund
EquitySectoral-Banking & Financial Services
Quant BFSI Fund
EquitySectoral-Banking & Financial Services
Risk
Very High
Very High
Rating
-
5.0
Min SIP Amount
₹500
₹1000
Expense Ratio
1.77
3.55
NAV
₹10.12
₹19.54
Fund Started
06 May 2026
01 Jun 2023
Fund Size
₹5.65 Cr
₹893.84 Cr
Exit Load
-
Exit load of 1%, if redeemed within 15 days.
1 Year
-
8.66%
3 Year
-
18.62%
5 Year
-
-
Equity
99.79%
96.87%
Cash
0.21%
-3.76%
Top 10 Holdings
Name | Assets |
|---|---|
ICICI Bank Ltd. | 22.04% |
Kotak Mahindra Bank Ltd. | 20.71% |
Axis Bank Ltd. | 18.96% |
HDFC Bank Ltd. | 18.61% |
The Federal Bank Ltd. | 5.90% |
Indusind Bank Ltd. | 4.49% |
IDFC First Bank Ltd. | 3.82% |
Yes Bank Ltd. | 2.69% |
RBL Bank Ltd. | 1.58% |
Bandhan Bank Ltd. | 1.00% |
Name | Assets |
|---|---|
Capri Global Capital Ltd. | 10.13% |
IDBI Bank Ltd. | 10.00% |
Piramal Finance Ltd. | 9.53% |
Life Insurance Corporation of India | 9.16% |
ICICI Prudential Asset Management Company Ltd. | 9.14% |
State Bank of India | 9.01% |
Union Bank of India | 9.01% |
Kotak Mahindra Bank Ltd. | 6.79% |
OnEMI Technology Solutions Ltd. | 5.09% |
Nippon Life India Asset Management Ltd. | 3.93% |
Name
-
-
Start Date
-
-
Description
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.
The scheme seeks to generate consistent returns by investing in equity and equity related instruments of banking and financial services.
Launch Date
06 May 2026
01 Jun 2023
