Groww Nifty India Railways PSU ETF vs SBI PSU Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Groww Nifty India Railways PSU ETF is an ETF fund and SBI PSU Fund is a Thematic fund. In the year to 30-10-2026, Groww Nifty India Railways PSU ETF returned −30.7% and SBI PSU Fund (Direct) returned −4.9%. Groww Nifty India Railways PSU ETF charges 0.54% a year and SBI PSU Fund 0.97%. Their portfolios overlap 21.0%: they hold 6 of the same securities.
Groww Nifty India Railways PSU ETF
ETF
- 1 year return
- −30.7%
- Expense ratio
- 0.54%
- NAV
- ₹24.60
Which is better, Groww Nifty India Railways PSU ETF or SBI PSU? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI PSU returned more over 1 year: −4.9% against −30.7%.
- Groww Nifty India Railways PSU ETF costs less: 0.54% a year against 0.97%.
- SBI PSU fell less in its worst fall since 07-02-2025: −16.2% against −38.8%.
- SBI PSU holds more in large companies: 71.9% of the fund in large caps against 37.3%.
- SBI PSU is the larger fund: ₹6,354 Cr against ₹171 Cr.
- Their portfolios overlap 21.0%: 6 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Groww Nifty India Railways PSU ETF | SBI PSU Fund |
|---|---|---|
| Fund house | Groww Mutual Fund | SBI Mutual Fund |
| Category | ETF | Thematic |
| AUM | ₹171 Cr (30-09-2026) | ₹6,354 Cr (30-09-2026) |
| NAV | ₹24.60 | ₹35.37 (Direct) |
| Expense ratio (Direct) | Not available | 0.97% |
| Expense ratio (Regular) | Not available | 1.94% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty India Railways PSU TRI | Not available |
| Launch date | 05-02-2025 | Not available |
| Minimum investment | ₹500 | Not available |
| Lock in | None | Not available |
| Fund managers | Nikhil Satam, Aakash Chauhan, Shashi Kumar | Not available |
| Exit load | Nil | Not available |
Groww Nifty India Railways PSU ETF vs SBI PSU: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Groww Nifty India Railways PSU ETF | −7.21% | −15.19% | −24.40% | −30.66% | -- | -- | -- |
| SBI PSU Fund (Direct) | −2.71% | −6.65% | −11.22% | −4.87% | +19.35% | +20.84% | +12.69% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 235 Thematic funds, same plan type.
Groww Nifty India Railways PSU ETF vs SBI PSU: Year-wise Returns
| Year | Groww Nifty India Railways PSU ETFGroww Nifty India Railways PSU ETF | SBI PSUSBI PSU |
|---|---|---|
| 2026to date | −30.34% | −5.68% |
| 2025 | -- | +12.43% |
| 2024 | -- | +24.87% |
| 2023 | -- | +55.74% |
| 2022 | -- | +30.41% |
| 2021 | -- | +33.77% |
Groww Nifty India Railways PSU ETF vs SBI PSU: Rolling Returns
Every holding period of both funds, against Nifty India Railways PSU TRI, the benchmark of Groww Nifty India Railways PSU ETF
Rolling returns
Every 1-year holding period, 178 of them, one for each trading day from 09-02-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Groww Nifty India Railways PSU ETF
SBI PSU Fund (Direct)
Nifty India Railways PSU TRI
to
Mar 2026Apr 2025
to
Apr 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Groww Nifty India Railways PSU ETF | 97.2 | 2.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −16.7% | −18.4% | −30.7% | 2.6% | 0% |
| SBI PSU | 7.2 | 6.1 | 22.8 | 32.8 | 9.4 | 7.2 | 14.4 | 13.4% | 11.4% | −5.2% | 41.4% | 100% |
| Nifty India Railways PSU TRI | 96.6 | 3.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −16.3% | −18.1% | −30.3% | 3.1% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty India Railways PSU TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 07-02-2025. Past returns do not promise future returns.
Groww Nifty India Railways PSU ETF vs SBI PSU: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 07-02-2025 to 30-10-2026: 21 instalments, ₹2,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Groww Nifty India Railways PSU ETFGroww Nifty India Railways PSU ETF | ₹2,10,000 | ₹1,58,466 | −₹51,534 | −27.7% |
| SBI PSUSBI PSU Fund (Direct) | ₹2,10,000 | ₹2,06,853 | −₹3,147 | −1.6% |
Groww Nifty India Railways PSU ETFGroww Nifty India Railways PSU ETF
SBI PSUSBI PSU Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Groww Nifty India Railways PSU ETF vs SBI PSU: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Nifty India Railways PSU ETF | SBI PSU Fund (Direct) |
|---|---|---|
| Return (CAGR) | −30.66% | −4.87% |
| Standard deviation | 22.06% | 15.11% |
| Sharpe ratio | -1.63 | -0.67 |
| Sortino ratio | -2.16 | -0.88 |
| Maximum drawdown | −32.4% (30-10-2026) | −16.2% (23-10-2026) |
| Beta | 1.00 | 0.91 |
| Alpha | −0.31% | −0.42% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Groww Nifty India Railways PSU ETF | SBI PSU Fund (Direct) |
|---|---|---|
| Return (CAGR) | −19.95% | +10.91% |
| Standard deviation | 22.97% | 19.60% |
| Sharpe ratio | -1.11 | 0.25 |
| Sortino ratio | -1.54 | 0.33 |
| Maximum drawdown | −38.8% (30-10-2026) | −47.1% (24-03-2020) |
| Beta | 1.00 | 0.89 |
| Alpha | −0.40% | +1.06% |
From daily NAVs, 07-02-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Groww Nifty India Railways PSU ETF
SBI PSU Fund (Direct)
Nifty India Railways PSU TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Nifty India Railways PSU ETF | −38.8% | 09-06-2025 | 30-10-2026 | Not yet | -- | −38.8% |
| SBI PSU Fund (Direct) | −16.2% | 26-02-2026 | 23-10-2026 | Not yet | -- | −14.4% |
| Nifty India Railways PSU TRI | −38.4% | 09-06-2025 | 30-10-2026 | Not yet | -- | −38.4% |
From daily values since 07-02-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Groww Nifty India Railways PSU ETF
SBI PSU Fund (Direct)
Nifty India Railways PSU TRI
Against Nifty India Railways PSU TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Groww Nifty India Railways PSU ETF | 99% | 101% | 0.17% |
| SBI PSU Fund (Direct) | 86% | 31% | 14.80% |
From month-end values since 07-02-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Groww Nifty India Railways PSU ETF vs SBI PSU: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Nifty India Railways PSU ETF, September 2026; SBI PSU Fund, September 2026
Holdings in common
- Overlap
- 21.0%
- Held by both
- 6
- Only in Groww Nifty India Railways PSU ETF
- 11
- Only in SBI PSU
- 20
| Security | % of Groww Nifty India Railways PSU ETF | % of SBI PSU |
|---|---|---|
| NTPC Limited | 5.29% | 8.61% |
| Bharat Electronics Limited | 4.80% | 7.87% |
| Container Corporation of India Limited | 18.72% | 3.66% |
| Oil & Natural Gas Corporation Limited | 3.03% | 3.66% |
| Bharat Petroleum Corporation Limited | 2.10% | 4.63% |
| Bharat Heavy Electricals Limited | 2.09% | 4.25% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 21.0% means 21.0% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Groww Nifty India Railways PSU ETF
| Security | % of fund |
|---|---|
| Indian Railway Finance Corporation Ltd | 19.99% |
| Indian Railway Catering & Tourism Corp | 16.65% |
| Rail Vikas Nigam Limited | 13.88% |
| Ircon International Limited | 4.62% |
| RITES LIMITED | 3.39% |
Largest holdings only in SBI PSU Fund
| Security | % of fund |
|---|---|
| State Bank of India | 15.66% |
| Power Grid Corporation of India Ltd. | 7.41% |
| GAIL (India) Ltd. | 6.87% |
| Bank of Baroda | 5.21% |
| Indian Bank | 3.59% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Nifty India Railways PSU ETF | SBI PSU |
|---|---|---|
| Equity | 99.9% | 98.7% |
| Debt | 0.0% | 0.1% |
| Cash and others | 0.1% | 1.2% |
Market cap of stocks
| Market cap | Groww Nifty India Railways PSU ETF | SBI PSU |
|---|---|---|
| Large Cap | 37.3% | 71.9% |
| Mid Cap | 51.3% | 16.3% |
| Small Cap | 11.3% | 10.2% |
| Not on AMFI's list | 0.0% | 0.3% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Groww Nifty India Railways PSU ETF | SBI PSU |
|---|---|---|
| Banks | 0.0% | 24.5% |
| Construction | 21.9% | 2.9% |
| Finance | 20.0% | 5.4% |
| Transport Services | 18.7% | 3.7% |
| Power | 5.3% | 17.5% |
| Leisure Services | 16.6% | 0.0% |
| Gas | 0.0% | 11.9% |
| Aerospace & Defense | 4.8% | 9.9% |
| Petroleum Products | 3.4% | 4.6% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Nifty India Railways PSU ETF vs SBI PSU: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Nifty India Railways PSU ETF | SBI PSU Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.97% |
| Base expense ratio (Direct) | 0.45% | 0.73% |
| Total expense ratio (Regular) | Not available | 1.94% |
| Base expense ratio (Regular) | 0.00% | 1.56% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Groww Nifty India Railways PSU ETF vs SBI PSU Fund: Frequently Asked Questions
What is the difference between Groww Nifty India Railways PSU ETF and SBI PSU Fund?
Groww Nifty India Railways PSU ETF is an ETF fund, SBI PSU Fund is a Thematic fund, run by Groww Mutual Fund and SBI Mutual Fund. Their portfolios overlap 21.0%. Groww Nifty India Railways PSU ETF charges 0.54% a year and SBI PSU Fund 0.97%.
Which has given higher returns, Groww Nifty India Railways PSU ETF or SBI PSU Fund?
Over 1 year: Groww Nifty India Railways PSU ETF −30.66%, SBI PSU Fund −4.87%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Groww Nifty India Railways PSU ETF or SBI PSU Fund?
Groww Nifty India Railways PSU ETF charges less: 0.54% a year against 0.97%. These are the total expense ratios reported to AMFI.
How much do Groww Nifty India Railways PSU ETF and SBI PSU Fund overlap?
21.0%. They hold 6 of the same securities, the largest shared ones being NTPC, BEL, CONCOR. From each fund's latest monthly portfolio.
Can I invest in both Groww Nifty India Railways PSU ETF and SBI PSU Fund?
Yes. 21.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.