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groww nifty ev & new age automotive etf fof direct growth
Groww Nifty EV & New Age Automotive ETF FoF Direct Growth

Groww Nifty EV & New Age Automotive ETF FoF Direct Growth

  • Very High Risk
  • Equity
  • Equity - Other
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NAV as on Nov 26, 2025
i
Price per unit of the scheme.
₹ 9.55261.27%1 Day Change
0.79%
Minimum Investment₹500
Expense Ratio--

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
VS
Equity: Equity - Other Average NAV
    Topper in Equity: Equity - Other
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
    Share
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    Nifty EV & New Age Automotive
    Expense Ratio
    -%
    Category Avg Expense Ratio
    0.92%
    Minimum Investment (Lumpsum/SIP)
    ₹ 500 /₹ 100
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 156.50 Cr(As on Oct, 2025)
    Inception Date
    Aug 22, 2024
    Turnover
    - %
    Exit Load
    1%; If redeemed after 30 days fromthe date of allotment: NIL

    bt_logoABOUT THE FUND

    Objective: 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.

    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth is an Equity - Equity - Other fund. The fund was launched inAug 22, 2024. Its risk level is . The NAV of the fund as onNov 26, 2025 is ₹9.55. Its expense ratio is - %. The fund has an AUM of ₹156.50 Cr.The fund is managed byAbhishek Jain,Nikhil Satam,Aakash Chauhan,Shashi Kumar.
    The minimum initial investment is  ₹500 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Abhishek Jain
    Abhishek Jain
    i
    Lead Fund Manager.
    Aug 22, 2024 - Present
    • Schemes managed2
    • Total AUM₹ 206.30 Cr
    • Highest Return In 1 Yr2.61 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    --
    ₹ 11.20
    -0.43%
    -%
    Very High Risk
    ₹49.80Cr
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    --
    ₹ 9.55
    0.79%
    -%
    Very High Risk
    ₹156.50Cr
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 11.20
    • Fund Size₹49.80Cr
    Fund Return-0.43%
    Category Return--
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    Very High Risk--
    • NAV₹ 9.55
    • Fund Size₹156.50Cr
    Fund Return0.79%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Nikhil Satam
    Nikhil Satam
    i
    Lead Fund Manager.
    Feb 21, 2025 - Present
    • Schemes managed2
    • Total AUM₹ 206.30 Cr
    • Highest Return In 1 Yr2.61 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    --
    ₹ 9.55
    0.79%
    -%
    Very High Risk
    ₹156.50Cr
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    --
    ₹ 11.20
    -0.43%
    -%
    Very High Risk
    ₹49.80Cr
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    Very High Risk--
    • NAV₹ 9.55
    • Fund Size₹156.50Cr
    Fund Return0.79%
    Category Return--
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 11.20
    • Fund Size₹49.80Cr
    Fund Return-0.43%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Aakash Chauhan
    Aakash Chauhan
    i
    Lead Fund Manager.
    Apr 14, 2025 - Present
    • Schemes managed2
    • Total AUM₹ 206.30 Cr
    • Highest Return In 1 Yr2.61 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    --
    ₹ 11.20
    -0.43%
    -%
    Very High Risk
    ₹49.80Cr
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    --
    ₹ 9.55
    0.79%
    -%
    Very High Risk
    ₹156.50Cr
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 11.20
    • Fund Size₹49.80Cr
    Fund Return-0.43%
    Category Return--
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    Very High Risk--
    • NAV₹ 9.55
    • Fund Size₹156.50Cr
    Fund Return0.79%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Shashi Kumar
    Shashi Kumar
    i
    Lead Fund Manager.
    May 16, 2025 - Present
    • Schemes managed2
    • Total AUM₹ 206.30 Cr
    • Highest Return In 1 Yr2.61 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    --
    ₹ 9.55
    0.79%
    -%
    Very High Risk
    ₹156.50Cr
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    --
    ₹ 11.20
    -0.43%
    -%
    Very High Risk
    ₹49.80Cr
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    Very High Risk--
    • NAV₹ 9.55
    • Fund Size₹156.50Cr
    Fund Return0.79%
    Category Return--
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 11.20
    • Fund Size₹49.80Cr
    Fund Return-0.43%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Oct, 2025
    EQUITY (100.14%)
    DEBT (-%)
    CASH (-0.16%)
    Allocation by Market Cap
    Large Cap(42.60%)
    Mid Cap(40.89%)
    Small Cap(13.43%)
    Industry Holdings
    • -%
    Stock Holdings
    No Data For Allocation

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
      ----
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
      ----
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
      ----
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
      ----
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      --
      This Fund
      VS
      --
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      --
      This Fund
      VS
      --
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      --
      This Fund
      VS
      --
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      --
      This Fund
      VS
      --
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      --
      This Fund
      VS
      --
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      --
      This Fund
      VS
      --
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Groww Asset Management Ltd.
    Groww Asset Management Ltd. manages assets worth ₹ 2,434.05 crores. It’s current offering of mutual fund schemes includes 15 equity, 4 debt and 7 hybrid schemes.
    phone icon
    Phone
    80501 80222
    mail icon
    Email
    support@growwmf.in
    aum
    AUM
    ₹ 2,434.05 Cr (
    As on Oct 31, 2025
    )
    location
    Address
    Jupiter Mills Compound Senapati Bapat Marg Mumbai,400013

    bt_logoFAQ's

    What is the category of Groww Nifty EV & New Age Automotive ETF FoF Direct Growth ?
    The category of Groww Nifty EV & New Age Automotive ETF FoF Direct Growth is Equity - Equity - Other
    What is the current NAV of Groww Nifty EV & New Age Automotive ETF FoF Direct Growth ?
    The current NAV of Groww Nifty EV & New Age Automotive ETF FoF Direct Growth as on Nov 26, 2025 is ₹9.55
    How safe is Groww Nifty EV & New Age Automotive ETF FoF Direct Growth ?
    The risk level of Groww Nifty EV & New Age Automotive ETF FoF Direct Growth is Very High.
    What are short term returns given by Groww Nifty EV & New Age Automotive ETF FoF Direct Growth ?
    The return given by Groww Nifty EV & New Age Automotive ETF FoF Direct Growth in 1 month is 0.79%, 3 months is 3.73%, 6 months is 5.47%, and 1 year is 1.67%
    What are the long term returns given by Groww Nifty EV & New Age Automotive ETF FoF Direct Growth ?
    The return given by Groww Nifty EV & New Age Automotive ETF FoF Direct Growth in 3 years is -- and 5 years is --.
    What is the expense ratio of Groww Nifty EV & New Age Automotive ETF FoF Direct Growth ?
    The expense ratio of Groww Nifty EV & New Age Automotive ETF FoF Direct Growth is --
    What is the AUM of Groww Nifty EV & New Age Automotive ETF FoF Direct Growth ?
    The assets under Management (AUM) of Groww Nifty EV & New Age Automotive ETF FoF Direct Growth is Rs 156.50 crores.
    What is the minimum investment in Groww Nifty EV & New Age Automotive ETF FoF Direct Growth ?
    The minimum Lumpsum investment in Groww Nifty EV & New Age Automotive ETF FoF Direct Growth is ₹500.00 and the minimum SIP investment in Groww Nifty EV & New Age Automotive ETF FoF Direct Growth is ₹100.00
    What is the asset allocation of Groww Nifty EV & New Age Automotive ETF FoF Direct Growth?
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth has an exposure of 100.14% in Equity

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