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Groww Nifty PSU Bank Index Fund Direct Growth

Index/ETF Data as of Aug 2026 Comparing Jul 2026 → Aug 2026
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Stocks Held
12
Aug 2026
Equity Holdings
₹4.48 Cr
Equity only, excl. debt & cash
AAUM
₹7.10 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
78.5%
High concentration
Top 10 Weight
99.2%
High concentration
Changes
11
0 new · 0 exits
Top Sector
Banks
100.2% of portfolio
Launch Date
06 Mar 2026
0 years old

AAUM (Average Assets Under Management) of ₹7.10 Cr for Apr-Jun 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month Among existing holdings, Union Bank of India saw the biggest increase — now at 9.96% of the portfolio. Bank of Baroda was trimmed the most, now at 12.10%. State Bank of India remains the top holding with Banks the dominant sector at 100.2%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Jun 2026 Jul 2026
Sector Prev Curr Delta
Banks 98.8% 99.8% +1.0%
Jul 2026 Aug 2026
Sector Prev Curr Delta
Banks 99.8% 100.2% +0.4%
Biggest Add
Union Bank of India
+0.69% · now 9.96%
Biggest Trim
Bank of Baroda
-0.51% · now 12.10%

What Changed in the Portfolio This Month?

Comparing Jul 2026 → Aug 2026

Jul 2026 Aug 2026
↑ 4 Increased ↓ 7 Decreased
#StockSectorJul 2026Aug 2026Change
1
Union Bank of India
₹44.52 L
Banks 9.27% 9.96% +0.69%
2
Indian Bank
₹38.79 L
Banks 8.28% 8.68% +0.40%
3
State Bank of India
₹1.52 Cr
Banks 33.80% 34.03% +0.23%
4
Bank of Maharashtra
₹20.41 L
Banks 4.52% 4.57% +0.05%
#StockSectorJul 2026Aug 2026Change
1
Bank of Baroda
₹54.07 L
Banks 12.61% 12.10% -0.51%
2
Punjab National Bank
₹48.06 L
Banks 10.87% 10.75% -0.12%
3
Canara Bank
₹52.10 L
Banks 11.76% 11.66% -0.10%
4
Indian Overseas Bank
₹5.79 L
Banks 1.39% 1.30% -0.09%
5
Central Bank of India
₹6.30 L
Banks 1.48% 1.41% -0.07%
6
UCO Bank
₹3.46 L
Banks 0.83% 0.77% -0.06%
7
Punjab & Sind Bank
₹1.22 L
Banks 0.28% 0.27% -0.01%

What Stocks Does This Fund Hold?

12 stocks — Aug 2026

# Stock Sector Cap Weight & Value
1
₹1.52 Cr
Banks
34.03%
2
₹54.07 L
Banks
12.10%
3
₹52.10 L
Banks
11.66%
4
₹48.06 L
Banks
10.75%
5
₹44.52 L
Banks
9.96%
6
₹38.79 L
Banks
8.68%
7
₹21.02 L
Banks
4.70%
8
₹20.41 L
Banks
4.57%
9
₹6.30 L
Banks
1.41%
10
₹5.79 L
Banks
1.30%
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Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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