
Groww Nifty EV & New Age Automotive ETF FoF Fund Direct - Growth
Groww Nifty EV & New Age Automotive ETF FoF Fund Direct - Growth
as on 10 Jul 2026
Groww Nifty EV & New Age Automotive ETF FoF Fund Direct - Growth is a mutual fund scheme launched on 12 Aug 2024. Investors can begin their investment journey with a minimum SIP of ₹500 or a lumpsum investment of ₹500. The fund manages total assets worth ₹163.75 crores, and the current NAV stands at ₹9.6114 as of 10 Jul 2026. The fund has delivered absolute returns of 5.45% in the past 1 year. The expense ratio of the fund is 0.14%.
NAV ₹ 9.6114 (+1.55%)
NAV
NIFTY50
NAV
NIFTY50
NAV ₹ 9.6114 (+1.55%)
CompareReturns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
1Y
₹ 6.10 L
3.50%
₹ 6.27 L
8.00%
₹ 6.18 L
5.45%
Total Investment
₹ 6,00,000
Returns
₹ 18,011 (5.45%)
Maturity Value
₹ 6,18,011
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
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Returns vs Category
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*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
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Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 163.75 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
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Asset Allocation
AUM
₹163.75 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
Sorry, No Data Available at this Moment!
Stock Holdings
Sorry, No Data Available at this Moment!
Fund Comparison
Fund Details
52W High NAV
₹ NaN
Min. SIP Amount
₹ 500.00
Min. Lumpsum Amount
₹ 500.00
AUM (in Cr.)
₹ 163.75
Expense Ratio
0.14%
Lock-in Period
No Lock in Period
52W Low NAV
₹ NaN
Inception Date
12 Aug 2024
Fund Age
1 Yrs
Benchmark
Nifty EV and New Age Automotive TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load of 1%, if redeemed within 30 days.
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Nikhil Satam | B. com & Masters in Finance (MFM) |
| Aakash Chauhan | MBA in Finance |
| Shashi Kumar | PGDBM, BBA |
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.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Groww Mutual Fund
No. of Schemes
37
Total AUM
₹ 3,702.30 Cr
Contact Details
505 - 5th Floor, Tower 2B, One WorldCenter, Lower Parel,Mumbai - 400013, Maharashtra
Contact Details
505 - 5th Floor, Tower 2B, One WorldCenter, Lower Parel,Mumbai - 400013, Maharashtra
Open NFOs
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FAQs
When was Groww Nifty EV & New Age Automotive ETF FoF Fund launched?
What is the current NAV of Groww Nifty EV & New Age Automotive ETF FoF Fund?
What is the AUM of Groww Nifty EV & New Age Automotive ETF FoF Fund?
What is the rate of return of Groww Nifty EV & New Age Automotive ETF FoF Fund?
- In the past 1Y: 5.45%
- In the past 3Y: 0.00%
- In the past 5Y: 0.00%
What is the expense ratio of Groww Nifty EV & New Age Automotive ETF FoF Fund?
What is exit load of Groww Nifty EV & New Age Automotive ETF FoF Fund?
What is the portfolio of Groww Nifty EV & New Age Automotive ETF FoF Fund?
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Top 3 sectoral holdings include:
How risky is investing in Groww Nifty EV & New Age Automotive ETF FoF Fund?
Who is the fund manager Groww Nifty EV & New Age Automotive ETF FoF Fund?
What is the minimum investment required in Groww Nifty EV & New Age Automotive ETF FoF Fund?
How to invest in Groww Nifty EV & New Age Automotive ETF FoF Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.



