Stocks
Invest in Stocks
Invest in stocks, ETFs, IPOs with fast orders. Track returns on your stock holdings and view real-time P&L on your positions.
F&O
Mutual Funds
Invest in Mutual Funds
Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
NAV: 06 Nov '26
₹9.62
Min. for SIP
₹500
Fund size (AUM)
₹170.03 Cr
Expense ratio
0.14%
Rating
--
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹15,226 | +1.51% | |
| 6 months | ₹30,000 | ₹30,219 | +0.73% | |
| 1 year | ₹60,000 | ₹61,598 | +2.66% |
Holdings (2)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Groww Nifty EV & New Age Automotive ETF-Growth | Unspecified | Mutual Fund | 100.04% |
| Net Payables | Unspecified | Net Payables | -0.04% |
Minimum investments
Min. for 1st investment
₹500
Min. for 2nd investment
₹500
Min. for SIP
₹500
Returns and rankings
| Name | 3M | 6M | 1Y | All |
|---|---|---|---|---|
| Fund returns | -6.4% | +2.2% | +1.8% | -3.8% |
| Category average (Equity Sectoral) | -2.9% | +8.2% | +8.3% | +132.2% |
| Rank (Equity Sectoral) | 12 | 11 | 11 | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 1%, if redeemed within 30 days.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Fund management
About Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
Groww Nifty EV & New Age Automotive ETF FoF Direct Growth is a Equity Mutual Fund Scheme launched by Groww Mutual Fund. This scheme was made available to investors on 10 Apr 2008. Aakash Ashokkumar Chauhan is the Current Fund Manager of Groww Nifty EV & New Age Automotive ETF FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹7,199 Cr and the Latest NAV as of 06 Nov 2026 is ₹9.62.
The Groww Nifty EV & New Age Automotive ETF FoF Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. Exit load of 1%, if redeemed within 30 days.
;
Investment Objective
The scheme seeks to generate long term capital gains by investing in units of the Groww Nifty EV & New Age Automotive.
Fund benchmarkNifty EV and New Age Automotive Total Return Index
Fund house
Rank (total assets)#41 in India
Total AUM₹7,199.24 Cr
Date of Incorporation10 Apr 2008
Launch Date10 Apr 2008
Address505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel,Maharashtra Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,