May 19, 2025
RA Jainee
Groww Nifty India Railways PSU Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 10.4474
NAV IDCW: Rs 10.4474
Suitable For Which Investors?
This is a fund that invests mainly in the shares of government-owned companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks 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.
Fund Manager:
1) Aakash Ashokkumar Chauhan
Education: MBA in Finance
Experience: Prior to Joining Groww AMC, he was associated with Trust Mutual Fund, Mirae Asset Capital Markets (India) Pvt Ltd. & BP Wealth Pvt Ltd.
2) Nikhil Satam
Education: B. com, Masters in Finance.
Experience: Prior to joining Groww MF he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd).
3) Shashi Kumar
Education: BBA, PGDBM
Experience: Prior to joining Groww MF, he was associated with Bharti Axa Life Co. Ltd. & Canara HSBC Life Insurance Co. Ltd.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 30 days |
Basic Details of Groww Nifty India Railways PSU Index Fund
| Fund House | Groww Mutual Fund |
| Launch Date | 04-Feb-25 |
| Return Since Launch | 4.47% |
| Benchmark | Nifty India Railways PSU TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 25 Cr |
| (As on 30-Apr-2025) | |
| Expense | 0.47% |
| (As on 30-Apr-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Groww Nifty India Railways PSU
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Groww Nifty India Railways PSU Index Dir | — | 5.23 | 8.24 | 15.25 | — | — | — | — | — | — |
| BSE PSU TRI | — | 1.80 | 5.86 | 18.96 | — | — | — | — | — | — |
| Equity: Thematic-PSU | — | 1.78 | 5.82 | 16.62 | — | — | — | — | — | — |
| Rank within category | — | 1 | 2 | 5 | — | — | — | — | — | — |
| Number of funds in category | 6 | 7 | 7 | 7 | 6 | 5 | 3 | 3 | 2 | 2 |
Peer Comparison of Groww Nifty India Railways PSU
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Groww Nifty India Railways PSU Index Dir | Unrated | — | — | — | 0.47 | 25 | 4.47 | 1.00 (30) | 3M | — |
| CPSE ETF | Unrated | 5.24 | 39.42 | 41.25 | 0.07 | 37,227 | 16.14 | — | 11Y 1M | 14.00 |
| ABSL PSU Equity Dir | Unrated | -1.68 | 34.33 | 36.55 | 0.54 | 5,391 | 26.72 | 1.00 (30) | 5Y 4M | 16.00 |
| SBI PSU Dir | Unrated | 1.86 | 36.84 | 34.35 | 0.82 | 5,035 | 12.09 | 0.50 (30) | 12Y 4M | 27.00 |
| ICICI Pru PSU Equity Dir | Unrated | 3.20 | — | — | 0.94 | 2,031 | 32.62 | 1.00 (30) | 2Y 8M | 59.00 |
Portfolio Analysis of Groww Nifty India Railways PSU
| No. of Stocks | 16 |
| Top 10 Stocks | 95.84% |
| Top 5 Stocks | 77.78% |
| Top 3 Sectors | 77.13% |
| Portfolio P/B Ratio | 1.97 |
| Portfolio P/E Ratio | 17.84 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 79,478 | 1,61,781 |
| Giant (%) | 35.34 | 55.69 |
| Large (%) | 19.67 | 22.77 |
| Mid (%) | 40.26 | 19.31 |
| Small (%) | 4.74 | 2.79 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Groww Nifty India Railways PSU Index Fund
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