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Groww Nifty PSE ETF FOF(G)-Direct Plan
Univest 4 hrs ago·19 Sept 2026, 10:15 am
Groww has launched a new fund of funds (FoF) that tracks the Nifty PSU (Public Sector Undertaking) Index. This new investment vehicle is designed to give investors exposure to a basket of leading government-owned companies, including giants like NTPC, SAIL, and ONGC. By investing in this single FoF, you can gain diversified exposure to the entire public sector banking and infrastructure sectors without having to buy individual stocks.
This launch is significant for investors looking to diversify beyond large-cap private sector stocks. The PSU sector is known for its high dividend yields and strong government backing, which can provide stability and regular income. However, it is also subject to policy changes and economic cycles. As this is a new fund, it will be important to monitor its performance against the Nifty PSU Index benchmark over the coming months to understand its true value.
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