May 19, 2025
mayank
Groww Nifty EV & New Age Automotive ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 29.2959
Suitable For Which Investors?
Such thematic funds are avoidable for most investors because:
1. They have a narrow investment focus
2. Instead, diversified equity funds which invest across sectors/themes are better
If you still choose to invest:
• Invest only through SIP
• Have a 7+ year investment horizon
• Be prepared to withstand interim sharp declines in investment value
Fund’s Investment Strategy:
The Scheme seeks 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.
Fund Manager:
1) Aakash Ashokkumar Chauhan
Education: MBA in Finance
Experience: Prior to Joining Groww AMC, he was associated with Trust Mutual Fund, Mirae Asset Capital Markets (India) Pvt Ltd. & BP Wealth Pvt Ltd.
2) Nikhil Satam
Education: B. com, Masters in Finance.
Experience: Prior to joining Groww MF he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd).
3) Shashi Kumar
Education: BBA, PGDBM
Experience: Prior to joining Groww MF, he was associated with Bharti Axa Life Co. Ltd. & Canara HSBC Life Insurance Co. Ltd.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Groww Nifty EV & New Age Automotive ETF
| Fund House | Groww Mutual Fund |
| Launch Date | 07-Aug-24 |
| Return Since Launch | -9.72% |
| Benchmark | Nifty EV and New Age Automotive TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 245 Cr |
| (As on 30-Apr-2025) | |
| Expense | 0.47% |
| (As on 30-Apr-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Groww Nifty EV & New Age Automotive Exchange Traded Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Groww Nifty EV & New Age Automotive ETF | -1.25 | 0.75 | 12.70 | 8.47 | -2.14 | — | — | — | — | — |
| BSE 500 TRI | 2.44 | 0.37 | 6.86 | 10.86 | 4.22 | — | — | — | — | — |
Peer Comparison of Groww Nifty EV & New Age Automotive Exchange Traded Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Groww Nifty EV & New Age Automotive ETF | Unrated | — | — | — | 0.47 | 245 | -9.72 | — | 9M | 9.00 |
| ICICI Pru Nifty FMCG ETF | Unrated | 5.52 | 17.50 | — | 0.20 | 552 | 14.05 | — | 3Y 9M | 40.00 |
| ICICI Pru Thematic Advantage (FOF) | Unrated | 20.00 | 22.55 | 29.80 | 1.48 | 2,982 | 15.56 | 1.00 (365) | 21Y 5M | 4.00 |
| Motilal Oswal Nifty India Defence Index Reg | Unrated | — | — | — | 1.08 | 2,875 | 8.18 | 1.00 (15) | 10M | 18.00 |
| ABSL Nifty India Defence Index Reg | Unrated | — | — | — | 1.06 | 461 | 18.36 | 0.05 (30) | 8M | — |
Portfolio Analysis of Groww Nifty EV & New Age Automotive ETF
| No. of Stocks | 35 |
| Top 10 Stocks | 56.94% |
| Top 5 Stocks | 36.39% |
| Top 3 Sectors | 84.93% |
| Portfolio P/B Ratio | 4.19 |
| Portfolio P/E Ratio | 27.46 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 94,104 | 1,25,351 |
| Giant (%) | 36.38 | 41.73 |
| Large (%) | 17.69 | 22.85 |
| Mid (%) | 44.93 | 28.59 |
| Small (%) | 1.00 | 11.42 |
| Tiny (%) | — | 0.72 |
Chanakya’s Mutual Fund Guidance For Groww Nifty EV & New Age Automotive ETF
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