₹ 29.0452
NAV
0.3%
Change
₹ 29.0452
NAV (Feb 7)
Last 1Y | - |
Last 3Y | - |
Last 5Y | - |
Last 10Y | - |
Since Inception | -10.5% |
6 Month CAGR | - |
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.
Expense Ratio | 0.4716% |
Launched (<1Y) | 2024-08-07 |
AUM in Crores | 226.5 |
ISIN | INF666M01IH2 |
Lock-in | No Lock-in |
Benchmark | Nifty EV and New Age Automotive Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Fund Name | Till Date CAGR | |
---|---|---|
5.2% | 5.9% | |
6% | 6.6% | |
6.3% | 7.6% | |
5.1% | 6.3% | |
13% | 13% |
Fund Name | Till Date CAGR | |
---|---|---|
20% | 7.5% | |
19.8% | 10.5% | |
7.3% | 7.6% | |
7.4% | 6% | |
6% | 5.5% |
Groww Nifty EV & New Age Automotive ETF (G) is an Exchange Traded Fund which is benchmarked to . Groww Nifty EV & New Age Automotive ETF (G) is managed by the Groww Mutual Fund with the fund manager being Abhishek Jain. The Groww Nifty EV & New Age Automotive ETF (G) was launched on 2024-08-07 with no lock-in period. Since its inception, the fund has delivered -10.488% as a return on investment.
As on 7 Feb, 2025 the NAV of the fund is Rs 29.05 and the AUM is Rs 226.52 crores. The fund charges an expense ratio of 0.4716% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.
Since the scheme is benchmarked to , the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The Groww Nifty EV & New Age Automotive ETF (G) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.
Scripbox provides a unique feature through which you can compare the performance of Groww Nifty EV & New Age Automotive ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.