Groww Nifty EV and New Age Automotive ETF
ETF NFOClosed
Allotment date
09 Aug 2024
About the fund
Fund benchmark
Nifty EV and New Age Automotive Total Return Index
Investment Focus
The fund tracks the Nifty EV and New Age Automotive Total Return Index,
which includes companies in the electric and new-age vehicle industry. This covers manufacturers of EVs, hybrids,
hydrogen fuel-based vehicles, electric batteries, and components. It also includes suppliers of raw materials,
autonomous vehicle developers, and technology providers.
This index offers diversified exposure to the innovative and growing EV and new-age automotive sector, with a focus on sustainable transportation solutions.;
Holdings
Amara Raja Energy & Mobility Ltd.
Ashok Leyland Ltd.
Bajaj Auto Ltd.
Bharat Forge Ltd.
Bosch Ltd.
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Fund Manager
Abhishek Jain
12 years of experience
Mr Abhishek Jain has 12 years of experience in Equity Market.
Prior to joining GMF he was associated with Edelweiss Tokio Life Insurance as a Senior Dealer.
He has also worked in Acko General Insurance and Shriram Asset Management Co Ltd.
Index performance
This ETF tracks the NIFTY EV & New Age Automotive index. Check the index's past performance:
Groww Invest Tech Private Limited is sponsor to Groww Mutual Fund