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Index Fund📊 Respective Underlying Index(SEBI default)

Groww Nifty India Railways PSU Index Fund · Regular · Growth

Groww Mutual Fund

#255 of 255 (1Y)

NAV

₹7.8337

as of 31 Jul 2026

Expense Ratio

1.12%

AUM

₹52 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
-19.26%
3Y
5Y
Since Inception
-15.17%

SIP returns (XIRR)

1Y
-21.20%
3Y
5Y
Since Inception
-17.82%

Not enough verified history to show honest backtest scenarios (this fund is under 3 years old).

Risk Metrics

Trailing 1 year, annualised

-0.85

Sharpe Ratio

Alpha

Beta

-0.87

Sortino

23.94%

Std Dev

-31.10%

Max Drawdown

Performance Comparison

Sectoral allocation

as of 30 Jun 2026

Each sector links to the mutual funds most exposed to it.

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Fund Details

Fund HouseGroww Mutual Fund
CategoryIndex Fund
BenchmarkRespective Underlying Index
Launch Date04 Feb 2025
AMFI Code153232
Transaction facts
Min. Lumpsum₹500
Min. SIP₹100
Exit LoadIf redeemed within 30 days from the date of allotment 1% If redeemed after 30 days from the date of allotment NIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Groww Nifty India Railways PSU Index Fund · Regular · Growth is a passively managed fund that tracks a specific market index, aiming to replicate its returns with minimal tracking error. Index funds offer low-cost, diversified exposure to the market with full transparency of holdings.

About This Fund

Groww Nifty India Railways PSU Index Fund · Regular · Growth is a Index Fund mutual fund offered by Groww Mutual Fund. The fund has been operational for over 1 years. It manages assets worth ₹52.2 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against Respective Underlying Index. The current expense ratio is 1.12%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • Cost-conscious investors who prefer passive investing with low expense ratios
  • SIP investors who can benefit from rupee cost averaging during market fluctuations
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