The current market price of Groww Nifty EV & New Age Automotive ETF is ₹31.61. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

Groww Nifty EV & New Age Automotive ETF by Groww Mutual Fund is an open-ended, passive scheme targeting the Nifty EV and New Age Automotive Index-TRI for long-term capital growth. The fund employs passive replication to match benchmark weights, aiming tight tracking of the Nifty EV and New Age Automotive Index-TRI, evidenced by a modest tracking error of 0.1% reported. Portfolio concentration skews to Automobiles and Auto Components, equity allocation 99.9%, top five holdings Maruti, Bajaj, Mahindra, Tata Motors and Bosch represent 37.6% combined, signalling sector-focused exposure with concentrated positions. Performance shows 1Y: +6.9% reflecting close benchmark alignment, complemented by steady fund size (month-end AUM ₹270.7 Cr; monthly average ₹268.4 Cr), disciplined cost structure, and consistent tracking error as reported. Risk profile reflects concentrated exposure and 99.9% equity allocation, expense ratio 0.5% with AUM ₹270.7 Cr; experienced managers Aakash Chauhan Apr 2025, Nikhil Satam Feb 2025, Shashi Kumar May 2025

Groww Nifty EV & New Age Automotive ETF is designed to track Nifty EV and New Age Automotive Index-TRI, allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Groww Nifty EV & New Age Automotive ETF is 0.47%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of Groww Nifty EV & New Age Automotive ETF is approximately ₹270.71. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

Groww Nifty EV & New Age Automotive ETF is classified under the High risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of Groww Nifty EV & New Age Automotive ETF is 0.08%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Groww Nifty EV & New Age Automotive ETF does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, Groww Nifty EV & New Age Automotive ETF has delivered the following returns: 1-year return: 8.11%. 3-year return: -3.75%. 5-year return: -3.75%. Past performance does not guarantee future results.

Before investing in Groww Nifty EV & New Age Automotive ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.