Groww Nifty Private Bank Index Fund - Direct Plan - Growth
Mutual Fund · Index Funds - Equity Funds · As of 18 Oct 2026, 6:49 pm
Middle-of-the-road. Nothing alarming, nothing exceptional in the numbers available here. A peer comparison within the same category will tell you more than this snapshot alone.
DalalBaazaar Score
54/ 100
Moderate
Weighted across five categories. Every point is explained below.
✗ Only 0.4 years of history — too short to judge through a full cycle
Investment Checklist
2 / 3 checks passed
✗ Decent risk-adjusted return (Sharpe ≥ 0.5)
✓ Volatility isn't extreme (< 25% annualized)
✓ Historical worst drawdown contained (better than -30%)
NAV history
Key Metrics
Latest NAV
₹10.32
As of
16 Oct 2026
Fund History Available
0.4 yrs
Short history — treat all return figures with caution
Since-Inception Return (CAGR)
11.4%
Only 0.4 yrs of history available — no clean 1Y/3Y/5Y figure yet
Annualized Volatility
14.2%
Moderate
Sharpe Ratio (est.)
0.35
Weak risk-adj. return
Max Drawdown
-7.1%
Contained
Category
Index Funds - Equity Funds
Fund House
Groww Mutual Fund
SIP / Lumpsum Calculator
Total Invested
₹6,00,000
Estimated Maturity Value
₹7,99,907
Estimated Gain
₹1,99,907
Risk Flags
Estimated Sharpe ratio (0.35) is on the low side — returns aren't compensating well for volatility taken over the trailing year.
Watch Items
This fund doesn't have enough history yet for a reliable 1-year return — the since-inception figure above is annualized from a shorter period and should be treated as rougher.
Check the AMC's factsheet for portfolio holdings, expense ratio and exit load before investing.