Groww Nifty Private Bank Index Fund Direct IDCW Reinvestment - NFO
OtherIndex Fund
NFO Details
Open Date06 May`26
Close Date20 May`26
NAV₹10
Investment Details
₹500
Minimum SIP Amount
₹500
Minimum one time investment
Fund has no lock-in period
Risk Involved
Your principal will be at
Very High Risk
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Groww Mutual Fund Managers
AC
Aakash Chauhan
Fund Manager since May 2026
NS
Nikhil Satam
Fund Manager since May 2026
SK
Shashi Kumar
Fund Manager since May 2026
Fund House Details
Groww Mutual Fund
Asset management company
AUM
₹5,778.12 Cr.
No. of Schemes
142
Setup Date
2008
Schemes by Groww Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Aggressive Hybrid Fund
Groww Aggressive Hybrid Fund (formerly known as Indiabulls Equity Hybrid Fund) Direct Plan Growth10.68%
Hybrid . Aggressive Hybrid Fund
Groww Aggressive Hybrid Fund (formerly known as Indiabulls Equity Hybrid Fund) Direct Plan IDCW (Payout & Payout)10.64%
10.64%
10.64%
10.64%
FAQs
What is the open date for investing in Groww Nifty Private Bank Index Fund Direct IDCW Reinvestment?
The open date for investing in Groww Nifty Private Bank Index Fund Direct IDCW Reinvestment is 06 May`26.
What is the close date for investing in Groww Nifty Private Bank Index Fund Direct IDCW Reinvestment?
The close date for investing in Groww Nifty Private Bank Index Fund Direct IDCW Reinvestment is 20 May`26.
What is the minimum SIP amount to invest in Groww Nifty Private Bank Index Fund Direct IDCW Reinvestment?
The minimum investment amount required to invest in Groww Nifty Private Bank Index Fund Direct IDCW Reinvestment is ₹500.
Who is the Fund Manager for Groww Nifty Private Bank Index Fund Direct IDCW Reinvestment?
The Fund Manager for Groww Nifty Private Bank Index Fund Direct IDCW Reinvestment is Aakash Chauhan.
ENTER AMOUNT
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₹0 in 3Y at 0% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
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