Groww Nifty EV & New Age Automotive ETF FOF
Groww Mutual Fund · Domestic FoF · Regular plan, growth option
| Period | Scheme | Category median | Equity index / ETF FoF median |
|---|---|---|---|
| 1 month | -9.4% | -3.7% | -5.7% |
| 3 months | -3.5% | -1.1% | -4.7% |
| 6 months | 10.1% | 3.0% | 6.3% |
| Year to date | -4.7% | 1.8% | -5.2% |
| 1 year | -3.8% | 4.9% | -3.7% |
| 3 years (CAGR) | n/a | 12.3% | 7.7% |
| 5 years (CAGR) | n/a | 9.8% | 7.9% |
| 7 years (CAGR) | n/a | 13.3% | 14.2% |
| 10 years (CAGR) | n/a | 11.0% | 11.9% |
| Since first NAV (CAGR) | -4.1% | – | – |
“Equity index / ETF FoF” is MFIC's grouping of Domestic FoF schemes by the theme or index in their names, not an AMFI category.
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 4.0% | 8.6% |
| 3Y rolling median | n/a | 12.8% |
| 3Y rolling worst | n/a | 4.8% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 10.8% |
| 5Y rolling worst | n/a | 4.1% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | n/a | 14.1% |
| Sharpe ratio | n/a | 0.60 |
| Sortino ratio | n/a | 0.89 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −31.5% | −19.6% |
| Maximum drawdown, last 10Y | n/a | −23.7% |
| Maximum drawdown, last 5Y | n/a | −15.1% |
| Current drawdown | −16.5% | −8.3% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
The Regular plan's expense ratio is 0.44% a year and the Direct plan's 0.14%, a gap of 0.30%. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹8,02,868.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
| Fund manager | Role | Managing since |
|---|---|---|
| Nikhil Satam | Primary(Dealer Equity & | 21 Feb 2025 |
| Aakash Chauhan | Primary(Dealer Equity & | 14 Apr 2025 |
| Shashi Kumar | Primary(Dealer Equity & | 16 May 2025 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 0.44% | 0.59% |
| AUM, whole scheme (₹ crore) | 170 | 225 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -0.8% | 0.5% TRI |
Official benchmark: Nifty EV and New Age Automotive TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Domestic FoF Regular plans; how it is calculated.
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -4.7% | n/a | – |
| 2025 | 4.8% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,16,763 | -5.0% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Mirae Asset Nifty India Manufacturing ETF Fund of Fund | Domestic FoF | 0.96 | 15.3% |
| Navi Nifty India Manufacturing Index Fund | Index Fund | 0.95 | 15.2% |
| Tata Nifty Auto Index Fund | Index Fund | 0.94 | n/a |
| ICICI Prudential Nifty Auto Index Fund | Index Fund | 0.94 | 16.1% |
| Tata Nifty500 Multicap India Manufacturing 50:30:20 Index Fund | Index Fund | 0.94 | n/a |
| HDFC NIFTY 100 Equal Weight Index Fund | Index Fund | 0.94 | 11.8% |
- What is the latest NAV of Groww Nifty EV & New Age Automotive ETF FOF?
- The NAV of the Regular plan (growth option) was ₹9.1163 on 1 Oct 2026, as published by AMFI.
- Which category is Groww Nifty EV & New Age Automotive ETF FOF in?
- It is classified as Domestic FoF in AMFI's daily NAV file. MFIC compares it with 159 Domestic FoF schemes (Regular plans).
- What was the largest fall in Groww Nifty EV & New Age Automotive ETF FOF's NAV?
- The largest peak-to-trough fall in its available history was 31.5%.
- What is the expense ratio (TER) of Groww Nifty EV & New Age Automotive ETF FOF?
- The total expense ratio of the Regular plan is 0.44% a year, as disclosed to AMFI (median of Domestic FoF Regular plans: 0.59%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Groww Nifty EV & New Age Automotive ETF FOF?
- Assets under management of the whole scheme were ₹170 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Groww Nifty EV & New Age Automotive ETF FOF?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- Who manages Groww Nifty EV & New Age Automotive ETF FOF?
- According to its Scheme Summary Document, Groww Nifty EV & New Age Automotive ETF FOF is managed by Nikhil Satam (since 21 Feb 2025), Aakash Chauhan (since 14 Apr 2025), Shashi Kumar (since 16 May 2025).
- What is the exit load of Groww Nifty EV & New Age Automotive ETF FOF?
- As stated in its scheme documents: If redeemed within 30 days from the date of allotment: 1%; If redeemed after 30 days from the date of allotment: NIL. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Groww Nifty EV & New Age Automotive ETF FOF?
- The minimum application amount is Rs. 500. SIP details: SIP - Rs.100,100,500,500 SWP - Rs.500,500 STP - Rs.500,500,500,500.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -3.4% and the Regular plan's by -3.8%. The Regular plan includes the services of a distributor.
Every Monday: this scheme's NAV, 1-month and 1-year return beside its category median, 3-year CAGR and how far it is below its peak. Add more schemes from their pages or from your MFIC watchlist. Free; unsubscribe from any email.