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Groww Nifty EV & New Age Automotive ETF

Last Updated NAV Date: 09 Sep 2026

3 Year Returns

N/A

NAV (₹)

32.1103

1 Day NAV Change

-0.54%

Groww Nifty EV & New Age Automotive ETF is a scheme from Groww Mutual Fund AMC, launched on 09 Aug 2024 and currently managing ₹ 293.52 Cr in assets. It sits in the very high risk category on the riskometer, with a minimum SIP of ₹100 and a lump sum of ₹500. The sections below cover its latest NAV, historical returns, portfolio holdings, and expense ratio.

No chart data available for this period.

Groww Nifty EV & New Age Automotive ETF Fund Details

Min. SIP AmountN/A
Min. Lumpsum Amount₹ 500
AUM₹ 293.52 Cr
Expense Ratio0.64%
Lock-in PeriodNo Lock-in Period
Inception Date09 Aug 2024
Fund Age2 Yrs

Exit Load

Nil

Fund’s Investment Objective

The investment objective of the Scheme is 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. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Calculate Your Mutual Fund Returns

Returns Estimator

Estimation is based on the past performance

Expected Rate of Return

The value of your investment after 5 Years will be

4,12,432

Invested Amount

3,00,000

Est. Returns

1,12,432

Scheme’s Historical Return

1 Month Return-5.82%
3 Month Return5.30%
6 Month Return11.91%
1 Year Return1.70%

Asset Allocation

AUM

₹1,33,309.00 Cr

Cash Holdings

21.45%

Equity

70.84%

Cash

21.45%

Debt

1.71%

Other

6%

Groww Nifty EV & New Age Automotive ETF Sector Holdings

Last Updated: 31 Jul 2026
SectorsAllocationWeightageValue (in Cr.)
Automobile
38.48%112.938
Auto Ancillaries
27.58%80.966
Chemicals
8.69%25.508
IT - Software
8.41%24.7
Refineries
3.80%11.143
Capital Goods - Electrical Equipment
3.58%10.51
Cables
3.52%10.323
Bearings
3.06%8.992
Castings, Forgings & Fastners
1.84%5.407
Capital Goods-Non Electrical Equipment
1.03%3.037

Groww Nifty EV & New Age Automotive ETF Stock Holdings

Last Updated: 31 Jul 2026
NameAllocationWeightageValue (in Cr.)Sector
M & M
8.44%24.779Automobile
Maruti Suzuki
8.18%24.011Automobile
Sona BLW Precis.
4.72%13.84Auto Ancillaries
Bajaj Auto
4.00%11.747Automobile
Uno Minda
4.00%11.736Auto Ancillaries
Samvardh. Mothe.
3.97%11.649Auto Ancillaries
Bosch
3.87%11.36Auto Ancillaries
Exide Inds.
3.81%11.186Auto Ancillaries
Reliance Industr
3.79%11.123Refineries
CG Power & Ind
3.57%10.492Capital Goods - Electrical Equipment

Fund Manager Details

Mr. Nikhil Satam has an overall 7 years of experienc in the Financial Sector out of which 1.5 years of experience was as a dealer. Prior to joining GMF he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd). B. com & Masters in Finance (MFM)

Risk-O-Meter

Very High Risk

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

Funds Managed

62

Assets Managed

₹ 5,778.12 Cr

Contact Details

Registered Address

505 - 5th Floor, Tower 2B, One WorldCenter, Lower Parel,Mumbai - 400013, Maharashtra

Managing Director

Ashok Kacker

Chief Executive Officer

Mr. Varun Gupta

Compliance Officer

Hemal Atul Zaveri

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Disclaimer

The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...

Frequently Asked Questions

You can withdraw your investment from Groww Nifty EV & New Age Automotive ETF through your mutual fund app, AMC website, or demat or stock broker online account at the applicable NAV.
The minimum investment for Groww Nifty EV & New Age Automotive ETF is ₹ 500. You can open a demat account or login to the existing stock broker online account to get started.
Groww Nifty EV & New Age Automotive ETF has a lock-in period of No Lock-in Period. Schemes with a lock-in restrict withdrawals or redemptions for that duration, while schemes with no lock-in allow you to redeem anytime.
The average annualized return of Groww Nifty EV & New Age Automotive ETF over the past three years is N/A.
The current NAV of Groww Nifty EV & New Age Automotive ETF is 32.1103.
The Expense ratio of Groww Nifty EV & New Age Automotive ETF is 0.64%. It is an annual charge for running the mutual fund. You can find the same on the factsheet and the Asset Management Companies website.
The latest AUM of the Groww Nifty EV & New Age Automotive ETF fund is ₹ 293.52 Cr. It represents the total assets held and managed by the fund.
The exit load for Groww Nifty EV & New Age Automotive ETF is Nil.
The fund managers of the Groww Nifty EV & New Age Automotive ETF are Nikhil Satam, Aakash Chauhan, Shashi Kumar. However, with management's discretion, the fund manager could also change during the tenure.
Groww Nifty EV & New Age Automotive ETF was launched on 09 Aug 2024. Since then, the fund has formed an NAV (Net Asset Value) of 32.1103.

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