Groww Nifty India Railways PSU ETF

The Groww Nifty India Railways PSU ETF, managed by Groww Mutual Fund, aims for long-term capital growth by closely tracking the Nifty India Railways PSU Index with a passive investment style.

Utilizing a replication strategy, this ETF seeks to mirror the performance of its benchmark, the Nifty India Railways PSU Index, while maintaining a low tracking error of 0.12%.

The portfolio is heavily concentrated in the construction and finance sectors, with top holdings like Indian Railway Finance Corporation Ltd. and Indian Railway Catering & Tourism Corp., reflecting a focused industry allocation.

Over the past year, the ETF has experienced a decline of 3.8%, indicating potential volatility, while its expense ratio of 0.49% remains competitive given its fund size of ₹71.25 Cr.

Managed by a team with extensive experience, this ETF offers liquidity through NSE listings, making it accessible for investors looking to gain exposure to the railways sector.