Groww Nifty EV & New Age Automotive ETF FoF Fund Direct Growth

Groww Nifty EV & New Age Automotive ETF FoF Fund Direct Growth

Equity

Groww Mutual Fund

Equity - Other

Get the latest NAV of Groww Nifty EV & New Age Automotive ETF FoF Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹9.70

▲0.3%1D

NAV as on 12 Sep 2025

-2.81%/per year

Since Inception

Absolute Gain%

▲▼

5734 people have invested ₹ 88.3L in Groww Nifty EV & New Age Automotive ETF FoF Fund Direct Growth in the last three months

Groww Nifty EV & New Age Automotive ETF FoF Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (12-Sep-25)

The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
10.19%
7.31%
21.56%
-6.45%
--
--
Nifty 500
2.25%
1.24%
14.94%
-3.08%
14.05%
19.56%
Equity - Other Avg
--
--
--
--
--
--
Best in Equity - Other
10.59%
18.66%
43.44%
19.09%
30.05%
32.99%
Worst in Equity - Other
-1.62%
-7.23%
-1.13%
-17.72%
7.45%
13.12%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Groww Nifty EV & New Age Automotive ETF FoF Fund
-
148Cr
0.19%
-6.45%
-
--
--
--
--
--
ICICI Prudential Business Cycle Fund Direct Growth
1/40
13,643Cr
0.74%
6.53%
23.02%
7.79
0.86
1.20
2.32
1.75
ICICI Prudential India Opportunities Fund Direct Growth
2/40
29,871Cr
0.63%
1.72%
23.74%
8.54
0.82
1.30
2.52
1.81
Nippon India Quant Fund Direct Growth
3/40
100Cr
0.47%
0.33%
20.27%
6.22
1.00
0.90
1.58
2.08
See all

Groww Nifty EV & New Age Automotive ETF FoF Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Groww Nifty EV & New Age Automotive ETF FoF Fund Asset Allocation

See fund asset allocation details as on (14-Sep-25)

Fund Distribution

as on (14-Sep-25)

Large cap
48.4%
Mid cap
36.6%
Small cap
15.1%
Small Cap allocation has gone down from 15.4% to 15.1%
Small Cap allocation has gone down from 15.4% to 15.1%
Mid Cap allocation has gone down from 37.2% to 36.6%
Mid Cap allocation has gone down from 37.2% to 36.6%
Large Cap allocation has gone up from 47% to 48.4%
Large Cap allocation has gone up from 47% to 48.4%
Cash allocation has gone down from 0.2% to 0.1%
Cash allocation has gone down from 0.2% to 0.1%

Groww Nifty EV & New Age Automotive ETF FoF Fund Sector Allocation

See fund sector allocation details as on (14-Sep-25)

Sector Allocation

Consumer Cyclical
63.7%
Tech
15%
Basic Materials
9%
Industrial
8.1%
Energy
4.3%

Top 3 Sectors in August were Consumer Cyclical, Tech & Industrial

Aug'25

Consumer Cyclical

63%

Tech

12%

Industrial

12%

Jul'25

Consumer Cyclical

63%

Tech

13%

Industrial

12%

Groww Nifty EV & New Age Automotive ETF FoF Fund Holdings Details

as on (31-Aug-25)

Holdings
Weight%
1M Change
Groww Nifty EV & New Age Automotive ETF
100.1%
0.4%

Groww Nifty EV & New Age Automotive ETF FoF Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.19%
Benchmark
Nifty EV & New Age Automotive
AUM₹148 Cr
Inception Date12 August, 2024
Min Lumpsum/SIP₹500/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
1.3%
Risk
Risk meter
pointer
Very High Risk

About Groww Nifty EV & New Age Automotive ETF FoF Fund

Groww Nifty EV & New Age Automotive ETF FoF Fund Direct Growth is an equity fund. This fund was started on 12 August, 2024. The fund is managed by Aakash Chauhan, Nikhil Satam, Shashi Kumar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Groww Nifty EV & New Age Automotive ETF FoF Fund Direct Growth has ₹148 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

Groww Nifty EV & New Age Automotive ETF FoF Fund Direct Growth has given a CAGR return of -2.81% since inception. Over the last 1 year the fund has given a CAGR return of -6.45%.

Holdings

Groww Nifty EV & New Age Automotive ETF FoF Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Tech, Industrial, Basic Materials, Energy. Its top holdings are Groww Nifty EV & New Age Automotive ETF

Taxation

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Groww Nifty EV & New Age Automotive ETF FoF Fund Direct Growth

The investment objective of the Scheme is to generate long term capital gains by investing in units of the Groww Nifty EV & New Age Automotive. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Groww Nifty EV & New Age Automotive ETF FoF Fund Direct Growth has no lock in period.

Fund Manager

Aakash Chauhan

Fund Manager of Groww Nifty EV & New Age Automotive ETF FoF Fund Direct Growth, since 14 April 2025

Nikhil Satam

Fund Manager of Groww Nifty EV & New Age Automotive ETF FoF Fund Direct Growth, since 21 February 2025

Shashi Kumar

Fund Manager of Groww Nifty EV & New Age Automotive ETF FoF Fund Direct Growth, since 16 May 2025

Learn more about Groww Mutual Fund
Parameters
Aug'25
Jul'25
Jun'25
AUM
₹ 148.2 Cr
₹ 141.9 Cr
₹ 143.6 Cr
  • AUM of the fund stands at 148.2 Cr as of Aug'25
  • AUM increased by 6.3 Cr between Aug'25 and Jul'25

Frequently Asked Questions for Groww Nifty EV & New Age Automotive ETF FoF Fund Direct Growth

How do I invest in Groww Nifty EV & New Age Automotive ETF FoF Fund?

INDmoney makes it simple to invest in the Groww Nifty EV & New Age Automotive ETF FoF Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Groww Nifty EV & New Age Automotive ETF FoF Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Groww Nifty EV & New Age Automotive ETF FoF Fund?

The NAV of the fund today is ₹9.70. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Groww Nifty EV & New Age Automotive ETF FoF Fund fund has generated a return of -6.45% in 1 year

Who is the fund manager of Groww Nifty EV & New Age Automotive ETF FoF Fund?

The fund managers are Aakash Chauhan, Nikhil Satam, Shashi Kumar.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-30 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.19%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹148 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Groww Nifty EV & New Age Automotive ETF FoF Fund?

The top 3 holdings of the fund are Groww Nifty EV & New Age Automotive ETF(100.1%)