Groww Nifty India Railways PSU Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 10-02-2025
₹ 10
1D
Inception Returns
/yr
About Groww Nifty India Railways PSU Index Fund Direct Growth
Groww Nifty India Railways PSU Index Fund Direct Growth is an equity fund. This fund was started on 4 February, 2025. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Groww Nifty India Railways PSU Index Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.
Returns
Groww Nifty India Railways PSU Index Fund Direct Growth has given a CAGR return of -1.43% since inception.
Holdings
Groww Nifty India Railways PSU Index Fund Direct Growth has allocated its funds majorly in . Its top holdings are
Taxation
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Groww Nifty India Railways PSU Index Fund Direct Growth
The investment objective of the Scheme is 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. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Groww Nifty India Railways PSU Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Groww Nifty India Railways PSU Index Fund Direct Growth Overview
| Expense ratio | -- |
Benchmark | Nifty India Railways PSU TR INR |
| AUM | ₹0 Cr |
| Inception Date | 4 February, 2025 |
| Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Frequently Asked Questions for Groww Nifty India Railways PSU Index Fund Direct Growth
Groww Nifty India Railways PSU Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0% | 0% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Groww Nifty India Railways PSU Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Groww Nifty India Railways PSU Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Groww Nifty India Railways PSU Index Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Groww Nifty India Railways PSU Index Fund Direct Growth | - | - | - |