Groww Nifty India Railways PSU Index Fund and ETF NFO review

Groww has launched a unique index fund and ETF (exchange-traded fund) offering exposure to PSUs (government-run companies) connected with the Indian Railways. Titled Groww Nifty India Railways PSU Index Fund and ETF , they opened for subscription on January 16, 2025, and will remain open to the public until January 30, 2025. But is this index fund and ETF worth your time and effort? Groww Nifty India Railways PSU Index Fund and ETF snapshot NFO period January 16 to January 30, 2025 Benchmark Nifty India Railways PSU Total Returns Index Fund manager Mr Abhishek Jain  Tax treatment If units are sold within a year, capital gains will be taxed at 20 per cent. If units are sold after a year, capital gains will be taxed at 12.5 per cent. However, gains of up to Rs 1.25 lakh will be exempted from tax liability. Groww Nifty India Railways PSU Index Fund and ETF: How will it be measured? Groww Nifty India Railways PSU Index Fund and ETF will be passive funds, meaning they will simply aim to copy the Nifty India Railways PSU Index. About the Nifty India Railways PSU Index Since Groww Nifty India Railways PSU Index Fund and ETF's fortunes depend on Nifty India Railways PSU Index, let's take a closer look at t