Groww Nifty India Railways PSU Index Fund Direct Growth

Groww Nifty India Railways PSU Index Fund Direct Growth is an equity fund. This fund was started on 4 February, 2025. The fund is managed by Shashi Kumar, Aakash Chauhan, Nikhil Satam. The fund could potentially beat inflation in the long-run.

1. Groww Nifty India Railways PSU Index Fund Direct Growth has ₹41 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
2. The fund has an expense ratio 0.5.
   

Groww Nifty India Railways PSU Index Fund Direct Growth has given a CAGR return of -4.84% since inception.

Groww Nifty India Railways PSU Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Utilities, Energy, Communication, Basic Materials, Tech. Its top holdings are Indian Railway Finance Corp Ltd Ordinary Shares, Indian Railway Catering And Tourism Corp Ltd, Container Corporation of India Ltd, Rail Vikas Nigam Ltd, NTPC Ltd

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the Scheme is to generate long term capital growth by investing in securities of the Nifty India Railways PSU Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty India Railways PSU Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Groww Nifty India Railways PSU Index Fund Direct Growth has no lock in period.