Groww Nifty EV & New Age Automotive ETF
Value Research Rating
Our Opinion
Riskometer
Very High
₹29.9844
As on 21-May-2026
Returns
Risk
This fund has Very High risk.
As per SEBI's Riskometer.
Portfolio of Groww Nifty EV & New Age Automotive ETF
Asset Allocation
Split between different types of investments
Market Cap Weightage
Split between categories of Equity investments
We have shifted from our proprietary CapRank classification system to SEBI’s market cap classification system with effect from 14 Jan, 2026.
Peer Comparison
|
Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
Groww Nifty EV & New Age Automotive ETF
|
|
Very High
|
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0.65 |
||
|
|
Very High
|
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0.22 |
|||
|
|
Very High
|
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1.89 |
|||
|
|
Very High
|
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2.42 |
|||
|
|
Very High
|
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2.01 |
Other details of Groww Nifty EV & New Age Automotive ETF
Assets
₹268 Cr
Exit Load (Days)
--
Min. Investment (₹)
500
Min. Withdrawal (₹)
--
Min. SIP Investment (₹)
--
Min. No of Cheques
--
About Groww Nifty EV & New Age Automotive ETF
Groww Nifty EV & New Age Automotive ETF is a equity mutual fund scheme of Groww Mutual Fund. Launched on August 07, 2024, it is currently managed by Nikhil Satam, Aakash Ashokkumar Chauhan and Shashi Kumar. The fund has an expense ratio of 0.65% with an overall AUM (Assets Under Management) of ₹268 Cr.
The Scheme seeks to generate long term capital growth by investing in securities of the Nifty EV & New Age Automotive Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty EV & New Age Automotive Index, subject to tracking errors. The fund allows minimum lumpsum investment of ₹500 and minimum SIP of ₹--.
Investment Strategy
The Scheme seeks to generate long term capital growth by investing in securities of the Nifty EV & New Age Automotive Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty EV & New Age Automotive Index, subject to tracking errors.
Suitability
Nobody should invest in Auto & Transportation funds in our opinion, because:
- They have a narrow focus on companies engaged in automotive & related business activities
- Instead, diversified equity funds which invest across sectors are better
If you still choose to invest:
- Invest only through SIP
- Have a 7+ year investment horizon
- Be prepared to withstand interim sharp declines in investment value
Capital Gains Taxation
- If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1.25 lakh in a financial year are exempt from tax. Gains over Rs 1.25 lakh are taxed at the rate of 12.5%.
- If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 20%.
- No tax is to be paid as long as you continue to hold the units.
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
- Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 10,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
Latest news on Groww Nifty EV & New Age Automotive ETF
FAQ for Groww Nifty EV & New Age Automotive ETF
How to Invest in Groww Nifty EV & New Age Automotive ETF?
To invest in Groww Nifty EV & New Age Automotive ETF you need a demat account and a trading account with a stockbroker, as Exchange Traded Funds (ETFs) are bought and sold on the stock exchange just like shares. You can purchase Groww Nifty EV & New Age Automotive ETF directly through your broker’s platform.
What is the current NAV of Groww Nifty EV & New Age Automotive ETF Today?
The latest declared NAV of Groww Nifty EV & New Age Automotive ETF, is ₹29.9844 as of 21-May-2026.
What are the top holdings of Groww Nifty EV & New Age Automotive ETF?
| Company | Percentage of Portfolio |
|---|---|
|
7.76
|
|
|
7.43
|
|
|
4.46
|
|
|
4.43
|
|
|
4.35
|
What is the return of Groww Nifty EV & New Age Automotive ETF in the last 5 years?
Over the past five years, Groww Nifty EV & New Age Automotive ETF has delivered an annualised return of --% as of 21-May-2026.
What is the minimum investment required in Groww Nifty EV & New Age Automotive ETF?
The minimum investment required to start investing in Groww Nifty EV & New Age Automotive ETF is ₹500 for the lump sum option and ₹-- for the SIP (Systematic Investment Plan) option.
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