The Groww Nifty India Railways PSU ETF, managed by Groww Mutual Fund, aims for long-term capital growth through passive investment in the Nifty India Railways PSU Index, ensuring tracking of total returns.

This ETF employs a replication strategy to closely follow the Nifty India Railways PSU TRI benchmark, with a tracking error of just 0.12%, indicating strong efficiency in tracking performance.

The portfolio is heavily concentrated, with top holdings like Indian Railway Finance Corporation and Indian Railway Catering & Tourism Corp, reflecting significant allocations in Finance and Leisure Services sectors.

Over the past year, the fund has faced a decline of -6.7%, highlighting potential volatility in the sector, though the absence of longer-term CAGR data limits comprehensive performance assessment.

With an expense ratio of 0.49% and a fund size of ₹71.25 Cr, the ETF offers a cost-efficient investment vehicle, managed by experienced professionals with a combined tenure of 29 years.