ETFOther ETFsVery High

Groww Nifty India Railways PSU ETF

Q: What is the NAV of Groww Nifty India Railways PSU ETF?

As of 05 Oct 2026, the NAV of Groww Nifty India Railways PSU ETF is ₹25.95 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Groww Nifty India Railways PSU ETF delivered?

Groww Nifty India Railways PSU ETF has returned -26.56% over 1 year and -18.07% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Groww Nifty India Railways PSU ETF?

Groww Nifty India Railways PSU ETF charges an expense ratio of 0.54% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Groww Nifty India Railways PSU ETF?

Groww Nifty India Railways PSU ETF's largest holdings are Container Corporation of India Limited (20.0%), Indian Railway Finance Corporation Ltd (18.9%), Indian Railway Catering & Tourism Corp (16.4%), Rail Vikas Nigam Limited (13.5%) and NTPC Limited (5.3%). Holdings are disclosed monthly and change over time.

Q: How risky is Groww Nifty India Railways PSU ETF?

Groww Nifty India Railways PSU ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 23.3% and its worst peak-to-trough fall in our sample was -35.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of Groww Nifty India Railways PSU ETF?

Groww Nifty India Railways PSU ETF is benchmarked against the Nifty India Railways PSU India- TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages Groww Nifty India Railways PSU ETF?

Groww Nifty India Railways PSU ETF is managed by Nikhil Satam, Shashi Kumar and Aakash Chauhan at Groww.

Q: How is Groww Nifty India Railways PSU ETF taxed?

Groww Nifty India Railways PSU ETF is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

Groww Mutual Fund

NAV

₹25.95

-0.28% 1D

as of 05 Oct 2026

Compare SIP calculator

Performance

-26.54%absolute

52-week rangePrev NAV ₹26.03

Latest ₹25.95

Low ₹25.950th percentile of its 52-week rangeHigh ₹36.37

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable ETF funds (same plan and option) to rank against yet.

Performance—

Not enough Other ETFs peers to rank yet

RiskHigh

Volatility 23.3% vs 16.3% category avg

CostHigh

0.5% expense vs 0.4% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

No standout strengths identified.

Concerns

Trails the Other ETFs average on 1M/3M/6M/1Y — 1Y by 27.75pp
Ranks #183 of 183 on 1-year return in its Other ETFs cohort
More volatile than its Other ETFs peers (23.3% vs 16.3%)
High expense ratio (0.54%) vs the Other ETFs average of 0.39%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.54%

Category 0.39%▲0.15%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

21.92

Category 22.23▼0.31

Excess return per unit of total volatility (rf = 6.5%)

—

Category 0.21

Scheme Info

Definitions

Plan

—

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

—

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Not allowed

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

₹500

Nifty India Railways PSU India- TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

07 Feb 2025

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-7.57%

Absolute return over the last 3 months (not annualized)

-11.65%

Absolute return over the last 6 months (not annualized)

-10.29%

Absolute return since 1 Jan of this year (not annualized)

-26.49%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-26.56%

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

-18.07%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

23.28%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-35.42%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

—

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 500 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Other ETFs)

Period	Fund	Category avg.	Diff
1M abs	-7.57%	-4.75%	-2.82%
3M abs	-11.65%	-4.26%	-7.39%
6M abs	-10.29%	+4.98%	-15.27%
1Y CAGR	-26.56%	+1.19%	-27.75%
3Y CAGR	—	+10.61%	—
5Y CAGR	—	+7.79%	—

Category average across peers in Other ETFs (up to 214 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 214 peers in Other ETFs

1Y return

-26.56%

Beats 0% · rank #183

3Y return

—

5Y return

—

Sharpe

—

Sortino

—

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹1.20L

Current value

₹1.01L

Absolute

-15.79%

XIRR

-32.11%

Value vs. invested

ValueInvested

12 monthly installments of ₹10,000 into Groww Nifty India Railways PSU ETF, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-26.49%	-7.18%	-19.31%
2025part	-2.20%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

407

Expense ratio

0.54%

AUM

₹135.15Cr

Portfolio turnover

53%

Exit load

Nil

P/E ratio

21.9

P/B ratio

2.9

Avg market cap

₹85,758Cr

P/E & P/B are portfolio-weighted harmonic means across 15 of 17 equity holdings (78% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Other ETFs

Compare all


Groww Nifty India Railways PSU ETFThis fund Groww	—	-26.56%	—	—	21.92	0.54%	₹135.15Cr
HDFC Silver ETF HDFC · Growth	—	+51.56%	+47.81%	—	—	0.50%	₹7,960Cr
ICICI Prudential Silver ETF ICICI Prudential	—	+52.40%	+47.61%	—	—	0.40%	₹15,115Cr
Kotak Silver ETF Kotak Mahindra	—	+52.29%	+47.52%	—	—	0.35%	₹3,625Cr
Nippon India Silver ETF Nippon India · Direct · Growth	—	+51.91%	+47.19%	—	—	0.58%	₹31,737Cr
Motilal Oswal Nasdaq 100 ETF Motilal Oswal	—	+33.71%	+33.90%	+21.91%	—	0.60%	—

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap18.0%
Mid cap71.1%
Small cap10.9%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity99.88%
Cash & Equivalents0.12%

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

Container Corporation of India Limited

20.01%

Indian Railway Finance Corporation Ltd

18.88%

Indian Railway Catering & Tourism Corp

16.44%

Rail Vikas Nigam Limited

13.50%

NTPC Limited

5.33%

Bharat Electronics Limited

5.10%

Ircon International Limited

4.40%

RITES LIMITED

3.31%

Oil & Natural Gas Corporation Limited

3.09%

RAILTEL CORPORATION OF INDIA LIMITED

2.73%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Groww Nifty India Railways PSU Index Fund Groww · Index Funds	100.0%	★☆☆☆☆	0.72%	—
kotak BSE PSU Index Fund Kotak Mahindra · Index Funds	23.8%	★★☆☆☆	0.46%	—
SBI PSU Fund SBI · Sectoral/ Thematic	22.1%	★★★☆☆	0.98%	+18.49%
Aditya Birla Sun Life PSU Equity Fund Aditya Birla Sun Life · Sectoral/ Thematic	21.0%	★★★★☆	0.77%	+17.79%
Invesco India PSU Equity Fund Invesco · Sectoral/ Thematic	20.6%	★★★☆☆	1.22%	+17.93%
ICICI Prudential PSU Equity Fund ICICI Prudential · Sectoral/ Thematic	19.5%	★★★★☆	1.28%	+19.13%
quant PSU Fund quant · Sectoral/ Thematic	14.8% of 78% equity	★★☆☆☆	2.16%	—
Aditya Birla Sun Life BSE India Infrastructure Index Fund Aditya Birla Sun Life · Index Funds	14.6%	★☆☆☆☆	0.55%	—

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-35.4%09 Jun 2025 → 05 Oct 2026
Still below that high — 16 months down, and no recovery yet.
-13.9%07 Feb 2025 → 03 Mar 2025
Fell over 24 days, back to the old high on 23 Apr 2025 — 2 months under water after the low.
-9.5%23 Apr 2025 → 09 May 2025
Fell over 16 days, back to the old high on 15 May 2025 — 6 days under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹135.15Cr

April - June 2026

since January - March 2026

+₹5.10Cr

est. net flow, last quarter

At or near its largest, ₹135.15Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Groww Mutual Fund is the asset management arm of the Groww investing platform, which acquired Indiabulls Mutual Fund in 2023 and rebranded it. The house leans towards low-cost index and passive schemes alongside a small active line-up.

Launched

09 Apr 2008

Total AUM

₹6,571Cr+28.7% QoQ

Avg AUM · July - September 2026

Website

growwmf.in

Fund Managers

NSNikhil SatamStart date not disclosed

Education

B. Com & Masters in Finance (MFM)

Experience

Mr. Nikhil Satam has over 11 years of work experience in the financial services industry. Since FOF June 2023, he has been working as an Equity dealer in existing equity schemes of Groww Asset Management Ltd. (Groww AMC), wherein he handles all active and passive scheme dealings. Additionally, he is also working as a backup Fund Manager for passive schemes. Prior to joining Groww AMC, he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd). Earlier, he worked with Motilal Oswal and Kotak Securities as an Equity Dealer.

Funds managed (44)

All schemes Nikhil Satam runs →

SKShashi KumarStart date not disclosed

Education

PGDBM & BBA

Experience

Mr. Shashi Kumar has an overall 18 years of experience in the Insurance Sector. Prior to joining Groww Asset Management Ltd., he was associated with Bharti Axa Life Co. Ltd. & Canara HSBC Life Insurance Co. Ltd.

Funds managed (39)

All schemes Shashi Kumar runs →

ACAakash ChauhanStart date not disclosed

Education

MBA in Finance

Experience

Mr. Aakash Ashokkumar Chauhan has an overall 8 years of experience in the Financial Sector. Prior to joining Groww Asset Management Ltd., he was associated with Trust Mutual Fund, Mirae Asset Capital Markets (India) Pvt Ltd. & BP Wealth Pvt Ltd. The above mentioned details include name of this Scheme

Funds managed (38)

All schemes Aakash Chauhan runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Nikhil Satam Shashi Kumar Aakash Chauhan

Top holdings

Container Corporation of India Limited Indian Railway Finance Corporation Ltd Indian Railway Catering & Tourism Corp Rail Vikas Nigam Limited NTPC Limited Bharat Electronics Limited Ircon International Limited RITES LIMITED Oil & Natural Gas Corporation Limited RAILTEL CORPORATION OF INDIA LIMITED Bharat Petroleum Corporation Limited Bharat Heavy Electricals Limited

Groww in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Index funds & ETFs

Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.

Frequently asked questions

What is the NAV of Groww Nifty India Railways PSU ETF?

As of 05 Oct 2026, the NAV of Groww Nifty India Railways PSU ETF is ₹25.95 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Groww Nifty India Railways PSU ETF delivered?

Groww Nifty India Railways PSU ETF has returned -26.56% over 1 year and -18.07% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Groww Nifty India Railways PSU ETF?

Groww Nifty India Railways PSU ETF charges an expense ratio of 0.54% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Groww Nifty India Railways PSU ETF?

Groww Nifty India Railways PSU ETF's largest holdings are Container Corporation of India Limited (20.0%), Indian Railway Finance Corporation Ltd (18.9%), Indian Railway Catering & Tourism Corp (16.4%), Rail Vikas Nigam Limited (13.5%) and NTPC Limited (5.3%). Holdings are disclosed monthly and change over time.

How risky is Groww Nifty India Railways PSU ETF?

Groww Nifty India Railways PSU ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 23.3% and its worst peak-to-trough fall in our sample was -35.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Groww Nifty India Railways PSU ETF?

Groww Nifty India Railways PSU ETF is benchmarked against the Nifty India Railways PSU India- TRI. Its alpha and beta on this page are measured against that index.

Who manages Groww Nifty India Railways PSU ETF?

Groww Nifty India Railways PSU ETF is managed by Nikhil Satam, Shashi Kumar and Aakash Chauhan at Groww.

How is Groww Nifty India Railways PSU ETF taxed?

Groww Nifty India Railways PSU ETF is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.