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Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW)

FoFs Domestic
Invest Now

  • NAV

    8.76(-1.04%)

  • Fund Size (CR)

    ₹143.63

  • Expense Ratio

    0.62

  • Scheme Type

    Active Fund

  • Value Research

  • Min. investment

    ₹500

  • Minimum Additional Investment

    ₹500

  • Minimum SIP Investment

    ₹100

  • Minimum Withdrawal

    ₹500

  • Exit Load If redeemed within 30 days from the date of allotment: 1% If redeemed after 30 days from the date of allotment: NIL.

    1%

  • Return Since Launch

    -12.45%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: 5.16%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Nikhil Satam

Bench Mark

Nifty EV and New Age Automotive TRI

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 1 August 20259953.50-0.46%-0.37%300/409
1 Month8 July 20259792.97-2.07%-0.39%299/400
3 Month8 May 202510404.514.05%-4.60%147/362
6 Month7 February 20259819.88-1.80%-8.51%324/331
1 Year----16.04%-/-
3 Year--0%-15.48%-/-
5 Year--0%-12.61%-/-
Since Inception12 August 20248755.50-12.45%-12.45%11.47%404/409

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year2 September 20241,20,000116514.88-2.90% -2.90%
3 Year-----
5 Year-----
10 Year-----

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

5.53%

Standard Deviation

1.28%

Beta

-1.15%

Sharpe Ratio

-0.06%

Treynor's Ratio

-14.02%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
There's no data available of Stock Holdings

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Mirae Asset Hang Seng TECH ETF Fund of Fund - Dir (G)
85.178.94%8.33%7.69%81.95%17.33%
Mirae Asset NYSE FANG+ ETF Fund of Fund - Dir (G)
1983.360.61%29.17%11.36%70.55%52.60%
Aditya Birla SL Gold Fund - Direct (G)
636.114.28%4.33%17.88%45.83%23.85%
Aditya Birla SL Gold Fund - Direct (IDCW)
636.114.28%4.33%17.86%45.81%23.84%
ICICI Pru Regular Gold Savings Fund(FOF)-Dir(IDCW)
2274.434.59%4.24%18.05%45.78%23.61%

List of Schemes under Groww Mutual Fund

Fund NameCategoryRisk1Y ReturnsRatingsFund Size (Cr)
Groww Large Cap FundEquityVery High-1.63%2₹130.32
Groww Liquid FundDebtModerately Low7.18%5₹328.12
Groww Short Duration FundDebtModerate9.32%2₹142.50
Groww Value FundEquityVery High1.44%2₹58.71
Groww ELSS Tax Saver FundEquityVery High-0.75%2₹52.69
Groww Dynamic Bond FundDebtModerate7.48%2₹78.24
Groww Aggressive Hybrid FundHybridHigh-0.22%2₹48.17
Groww Overnight FundDebtLow6.23%2₹21.13
Groww Multi Cap FundEquityNA0%0₹0.00
Groww Nifty Total Market Index FundOtherVery High-2.92%0₹319.55
Groww Banking & Financial Services FundEquityVery High8.19%0₹57.13
Groww Nifty Smallcap 250 Index FundOtherVery High-5.41%0₹118.85
Groww Nifty Non-Cyclical Consumer Index FundOtherVery High-1.24%0₹50.80
Groww Nifty EV & New Age Automotive ETF FOFOtherVery High0%0₹143.63
Groww Nifty India Defence ETF FOFOtherVery High0%0₹74.07
Groww Gold ETF FOFOtherHigh0%0₹31.65
Groww Multicap FundEquityVery High0%0₹120.48
Groww Nifty India Railways PSU Index FundOtherVery High0%0₹42.96
Groww Nifty 200 ETF FOFOtherVery High0%0₹4.53
Groww Nifty 500 Momentum 50 ETF FOFOtherVery High0%0₹6.62
Groww Gilt FundDebtModerate0%0₹34.09
Groww Silver ETF FOFOtherVery High0%0₹0.00
Groww Nifty India Internet ETF FOFOtherVery High0%0₹0.00
Groww Nifty 50 Index FundOtherVery High0%0₹0.00
Groww BSE Power ETF FOFOtherVery High0%0₹0.00
Groww Nifty Next 50 Index FundOtherVery High0%0₹0.00

News

  • Groww Mutual Fund announces change in fund manager under its scheme

    Groww Mutual Fund has announced change in fund manager under the following scheme, With effect from 14 July 2025

    Change in Fund Manager:

    Name of the Scheme(s) Existing Fund Manager(s) New Fund Manager(s)
    Groww ELSS Tax Saver Fund Mr. Anupam Tiwari Mr. Paras Matalia

    Powered by Capital Market - Live News

  • Groww MF announces change in benchmark index under its scheme

    Groww Mutual Fund has announced change in the benchmark of Groww ELSS Tax Saver Fund with effect from June 01, 2025

    Change in name of Benchmark of Groww ELSS Tax Saver Fund

    Scheme Name Existing Benchmark New Benchmark
    Groww ELSS Tax Saver Fund As per AMFI Tier I -Benchmark

    BSE 500- TRI

    		As per AMFI Tier I -Benchmark

    Nifty 500 - TRI

    Powered by Capital Market - Live News

  • Groww Mutual Fund announces change in Key Personnel

    Groww Mutual Fund has announced that Mr. Paras Devendra Matalia has been appointed as a Fund Manager- Equity on the Board of the Trustee Company with effect from May 26, 2025.

    Details of Mr. Paras Devendra Matalia

    Age: 30

    Designation: Fund Manager- Equity

    Qualification : CA, CFA (US) and B. Com

    Experience : 7

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

24 July 2024

Total AUM (Cr)

₹141.93

Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW) is an FoFs Domestic-oriented fund from the renowned AMC, Groww Mutual Fund. Launched in 24 July 2024, this fund is managed by Nikhil Satam. With assets under management (AUM) worth ₹141.93 (Cr), as of 8 August 2025, Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW) is categorized as a FoFs Domestic within its segment. The fund has generated a return of -12.45% since its launch.
The current NAV of Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW) is ₹8.76, as on 8 August 2025. The fund's benchmark index is Nifty EV and New Age Automotive TRI. You can invest in Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
If redeemed within 30 days from the date of allotment: 1% If redeemed after 30 days from the date of allotment: NIL. The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 100.00% in cash and cash equivalents.

FAQs

How to Invest in Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW) Direct Growth?

Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW) is a popular fund in the FoFs Domestic segment. The fund has generated a return of -12.45% since inception. Looking to invest in Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW) today and reap the benefits of this FoFs Domestic fund!

How much returns has Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW) has generated annualised return of undefined%. In the long-term, the fund has generated undefined% and - in 3 and 5 years respectively. Since its inception, the fund has generated -12.45% returns.

What is the expense ratio of Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW) Direct Growth?

The expense ratio of Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW) Direct Growth is 0.62%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW) is ₹141.93 (Cr) as of 2025-08-08 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW) Direct Growth?

Redeeming or selling units of Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Groww Nifty EV & New Age Automotive ETF FOF-Reg (IDCW)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.