Groww Nifty EV & New Age Automotive ETF FOF
The scheme seeks to generate long term capital gains by investing in units of the Groww Nifty EV & New Age Automotive.
Growthvine rating: 1/5 — ranked #152 of 179 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹9.68 (as of 2026-09-11) |
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| AUM | ₹167 Cr |
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| Expense ratio | 0.38% |
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| Riskometer | Very High |
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| Fund manager | Aakash Ashokkumar Chauhan |
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| Exit load | 1% for redemption within 30 days |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | -31.48% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 78.9% of NIFTY Auto's upside and 103.3% of its downside.
Market cap allocation
| Large cap | 11.1% |
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| Mid cap | 84.7% |
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| Small cap | 4.2% |
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Concentration
| Top 5 holdings | 10.7% |
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| Top 10 holdings | 18.0% |
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| Total holdings | 150 |
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Top holdings
- BSE Ltd. — 3.6%
- Federal Bank Ltd. — 2.1%
- Laurus Labs Limited — 1.7%
- Hero MotoCorp Limited — 1.7%
- Multi Commodity Exchange of India Ltd — 1.6%
- IndusInd Bank Ltd. — 1.6%
- Persistent Systems Limited — 1.4%
- COFORGE LIMITED — 1.4%
- AU Small Finance Bank Limited — 1.4%
- Bharat Heavy Electricals Ltd. — 1.4%
Top sectors
- Banking & Financial — 16.9%
- Pharma & Biotech — 8.8%
- Retail — 7.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 1.2% | Q3 | #85 of 167 |
| 2025 | 4.8% | Q2 | #58 of 132 |