NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹10.43
0.06%
NAV as on 08 Jul 25, 12:00 AM
risk
index
equity
NAV as on 08 Jul 25, 12:00 AM
risk
index
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
0.00%p.a.
Since Inception
About Groww Nifty India Railways PSU Index Fund - Plan - IDCW for NRIs
NRIs can achieve long-term capital appreciation by investing in the Groww Nifty India Railways PSU Index Fund - Plan - IDCW scheme from Groww Asset Management Limited. It is a Index mutual fund scheme that predominantly invests in Index stocks of companies. Launched on Jan 2025, Groww Nifty India Railways PSU Index Fund - Plan - IDCW is Index fund of its category with 0 fund under management as on Jul 2025. The expense ratio of this fund is less than that of most other Fund category Index funds.
- Groww Nifty India Railways PSU Index Fund - Plan - IDCW delivered 0.0% annual returns during the last year. It has delivered 0.0% average annual returns since the fund was launched.
- Groww Nifty India Railways PSU Index Fund - Plan - IDCW scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
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.
Top 10 Holdings
Indian Railway Finance Corporation
18.86%
Rail Vikas Nigam Ltd
17.48%
Indian Railway Catering & Tourism Corporation Ltd
17.32%
Container Corporation Of India Ltd
16.42%
NTPC Ltd
6.27%
Bharat Electronics Ltd
5.45%
Ircon International Ltd
4.72%
Oil And Natural Gas Corporation Ltd
3.68%
RITES Ltd
2.82%
Railtel Corporation Of India Ltd
2.65%
Fund Managers
Key Information
View Scheme Document
Groww Nifty India Railways PSU Index Fund - Plan - IDCW SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Groww Nifty India Railways PSU Index Fund - Plan - IDCW
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Groww Nifty India Railways PSU Index Fund - Plan - IDCW?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Groww Nifty India Railways PSU Index Fund - Plan - IDCW
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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