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 #163 of 186 in category.
Fund basics
| Category | Equity: Thematic |
|---|
| NAV | ₹8.63 (as of 2026-10-23) |
|---|
| AUM | ₹183 Cr |
|---|
| Expense ratio | 0.38% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Aakash Ashokkumar Chauhan |
|---|
| Exit load | 1% for redemption within 30 days |
|---|
Performance & risk
| Standard deviation | 0.00% |
|---|
| Max drawdown | −31.48% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Over 5 years, captured 78.9% of NIFTY Auto's upside and 102.0% of its downside.
Market cap allocation
| Large cap | 44.0% |
|---|
| Mid cap | 29.1% |
|---|
| Small cap | 26.9% |
|---|
Concentration
| Top 5 holdings | 100.0% |
|---|
| Top 10 holdings | 100.0% |
|---|
| Total holdings | 1 |
|---|
Top holdings
- Groww Nifty EV & New Age Automotive ETF — 100.0%
- Net Receivable/Payable — −0.0%
Top sectors
- Equity MF — 100.0%
- Cash — −0.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −9.8% | Q3 | #112 of 167 |
| 2025 | 4.8% | Q2 | #58 of 132 |