Open for subscription until February 5, 2026, the ETF requires a minimum investment of ₹500 with no exit load.
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Groww Mutual Fund announced the launch of Groww Nifty PSE ETF on Thursday, an exchange-traded fund designed to track India’s listed public sector enterprises. The new fund offer opens today and will remain available until February 5, 2026.
The passively managed ETF will replicate the Nifty PSE Index by investing in up to 20 public sector companies where central or state governments hold majority stakes. The fund will be managed by Nikhil Satam, Aakash Chauhan, and Shashi Kumar, with a minimum investment requirement of ₹500 and no exit load.
According to Varun Gupta, CEO of Groww Mutual Fund, the launch aims to provide investors transparent access to public sector enterprises that play crucial roles in India’s infrastructure and strategic initiatives. He noted that the segment has shown improving fundamentals and relatively reasonable valuations compared to other market segments.
Investment objective
The ETF targets long-term capital growth by investing in equity and equity-related instruments proportional to index constituents. Once listed on stock exchanges, investors will be able to trade units during market hours like regular equity shares, with appointed market makers facilitating liquidity.
The fund is positioned for investors seeking exposure to India’s infrastructure and investment-led growth cycle, though the company warns that mutual fund investments carry market risks. The scheme is scheduled to reopen for trading on or before February 19, 2026.
Published on January 22, 2026
