Compare Groww Nifty PSU Bank Index Fund vs Quant BFSI Fund
Groww Nifty PSU 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
1.83
3.54
NAV
₹9.63
₹19.80
Fund Started
06 Mar 2026
01 Jun 2023
Fund Size
₹5.43 Cr
₹893.84 Cr
Exit Load
-
Exit load of 1%, if redeemed within 15 days.
1 Year
-
9.50%
3 Year
-
18.35%
5 Year
-
-
Equity
100.20%
92.50%
Cash
-0.20%
0.06%
Top 10 Holdings
Name | Assets |
|---|---|
State Bank of India | 34.03% |
Bank Of Baroda | 12.10% |
Canara Bank | 11.66% |
Punjab National Bank | 10.75% |
Union Bank of India | 9.96% |
Indian Bank | 8.68% |
Bank of India | 4.70% |
Bank of Maharashtra | 4.57% |
Central Bank of India | 1.41% |
Indian Overseas Bank | 1.30% |
Name | Assets |
|---|---|
ICICI Prudential Asset Management Company Ltd. | 10.28% |
Capri Global Capital Ltd. | 9.60% |
Life Insurance Corporation of India | 9.52% |
LIC Housing Finance Ltd. | 9.18% |
Nippon Life India Asset Management Ltd. | 9.12% |
Piramal Finance Ltd. | 9.05% |
Manappuram Finance Ltd. | 8.67% |
Multi Commodity Exchange Of India Ltd. | 7.78% |
ICICI Prudential Life Insurance Company Ltd. | 5.41% |
The Karnataka Bank Ltd. | 5.24% |
Name
-
-
Start Date
-
-
Description
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.
The scheme seeks to generate consistent returns by investing in equity and equity related instruments of banking and financial services.
Launch Date
06 Mar 2026
01 Jun 2023
