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 #154 of 184 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹9.12 (as of 2026-10-01) |
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| AUM | ₹183 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 102.0% of its downside.
Market cap allocation
| Large cap | 44.0% |
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| Mid cap | 32.4% |
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| Small cap | 23.6% |
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Concentration
| Top 5 holdings | 100.1% |
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| Top 10 holdings | 100.1% |
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| Total holdings | 1 |
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Top holdings
- Groww Nifty EV & New Age Automotive ETF — 100.1%
- Net Receivable/Payable — −0.1%
Top sectors
- Equity MF — 100.1%
- Cash — −0.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −4.7% | Q3 | #95 of 167 |
| 2025 | 4.8% | Q2 | #58 of 132 |