Groww Mutual Fund launches Railway PSU based 2 passive funds

Groww Mutual Fund has launched two passive funds based on Railways PSU: Groww Nifty India Railways PSU Index Fund and Groww Nifty India Railways PSU ETF. The NFO opens on January 16 and closes on January 30, with continuous sale starting February 13. The funds aim for long-term capital appreciation, focusing on equity in the Nifty India Railways PSU Index.