Groww Nifty EV & New Age Automotive ETF has delivered CAGR and average rolling returns as follows :
| 1 Year | 3 Year | 5 Year | 9 Year | |
| CAGR(%) | N/A | N/A | N/A | N/A |
| Average Rolling Returns(%) | 3.64 | N/A | N/A | N/A |
The Current NAV of Groww Nifty EV & New Age Automotive ETF is ₹31.89.
It is better to invest in a fund with a longer track record as Groww Nifty EV & New Age Automotive ETF cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 50 returns, as Funds portfolio is significantly different.
Groww Nifty EV & New Age Automotive ETF fund’s expense ratio is 0.52%
The process for redemption is
The AUM of Groww Nifty EV & New Age Automotive ETF is currently ₹269 Crores.
The Top three stocks are Maruti Suzuki India, Mahindra & Mahindra and Sona BLW Precision and account for 21% of its portfolio. Top 5 and 10 stocks of fund account for 29% and 49% of fund’s portfolio respectively.
Top three sectors of Groww Nifty EV & New Age Automotive ETF fund are Auto, Chemicals and Capital Goods accounting for 88% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a ETFs - Index it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Groww Nifty EV & New Age Automotive ETF Fund is ETFs - Index.
Aakash Chauhan and Nikhil Satam manage the Groww Nifty EV & New Age Automotive ETF Fund.
Groww Nifty EV & New Age Automotive ETF current PE ratio is 39.43 and PB ratio is 6.87
The asset allocation of Groww Nifty EV & New Age Automotive ETF is Stocks : 99.98%, Debt : -0.01% and Gold : 0%
The minimum SIP amount for Groww Nifty EV & New Age Automotive ETF is N/A and minimum lumpsum is ₹500.00
The exit load for Groww Nifty EV & New Age Automotive ETF is N/A
