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.

₹9.06

▲1.6%1D

NAV as on 26 May 2025

-9.43%/per year

Since Inception

Absolute Gain%

▲▼

5402 people have invested ₹ 84.6L 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 (26-May-25)

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

Period
This Fund
Nifty 500
Category Avg
1 Month
9.31%
4.85%
-
3 Months
9.99%
12.19%
-
6 Months
-3.6%
1.53%
-

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Groww Nifty EV & New Age Automotive ETF FoF Fund
-
127Cr
0.19%
-
-
-9.43%
ICICI Prudential India Opportunities Fund Direct Growth
1/39
27,197Cr
0.64%
14.98%
28.08%
23.38%
ICICI Prudential Business Cycle Fund Direct Growth
2/39
12,375Cr
0.72%
10.59%
25.88%
23.64%
ICICI Prudential Exports and Services Fund Direct Growth
3/39
1,362Cr
1.65%
14.38%
23.4%
19.56%
See all

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

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
▼

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

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 99.9%

Debt & Cash 0.1%

Large cap
54%
Mid cap
33.3%
Small cap
12.6%
Large Cap allocation has gone up from 53.3% to 54%
Large Cap allocation has gone up from 53.3% to 54%
Small Cap allocation has gone down from 13% to 12.6%
Small Cap allocation has gone down from 13% to 12.6%
Mid Cap allocation has gone down from 33.6% to 33.3%
Mid Cap allocation has gone down from 33.6% to 33.3%
Cash allocation has gone down from 0.1% to 0.1%
Cash allocation has gone down from 0.1% to 0.1%

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

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 99.9%

Debt & Cash 0.1%

Consumer Cyclical
65%
Tech
12.9%
Industrial
9.2%
Basic Materials
9%
Energy
3.9%

Top 3 Sectors in April were Consumer Cyclical, Tech & Basic Materials

Apr'25

Consumer Cyclical

62%

Tech

13%

Industrial

13%

Mar'25

Consumer Cyclical

64%

Tech

14%

Basic Materials

9%

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

as on (30-Apr-25)

Equity

Holdings
Weight%
1M Change
Groww Nifty EV & New Age Automotive ETF
99.86%
5.3%

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₹127 Cr
Inception Date12 August, 2024
Min Lumpsum/SIP₹500/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
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 . 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 ₹127 Cr worth of assets under management (AUM) as on Dec 1969 and is less 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 -9.43% since inception.

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.

Learn more about Groww Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 126.6 Cr
₹ 118.2 Cr
₹ 108.5 Cr
  • AUM of the fund stands at 126.6 Cr as of Apr'25
  • AUM increased by 8.4 Cr between Apr'25 and Mar'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 ₹9.06. 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.

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

The fund managers are .

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 ₹127 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(99.86%)