Widely used:Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
Very High
₹32.1645 -1.10%
As on 13-Aug-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
|
Very High
|
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1.53 |
|||
|
|
Very High
|
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-- |
|||
|
|
Very High
|
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1.63 |
|||
|
|
Very High
|
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1.69 |
|||
|
|
Very High
|
Please wait... |
1.73 |
₹-- Cr
--
500
--
--
--
Investment Strategy
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.
Suitability
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five years.
Capital Gains Taxation
Dividend Taxation
Groww Nifty EV & New Age Automotive ETF is a fund that invests mainly in companies that adhere to the narrow mandate mentioned in its investment objective.
Mutual funds can be bought directly from the website of the fund house. For instance, Groww Nifty EV & New Age Automotive ETF fund can be purchased from the website of Groww Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Groww Nifty EV & New Age Automotive ETF is ₹32.1645 as of 14-Aug-2024.
The AUM of Groww Nifty EV & New Age Automotive ETF Fund is ₹-- Cr as of
The riskometer level of Groww Nifty EV & New Age Automotive ETF is Very High. See More
As of , Groww Nifty EV & New Age Automotive ETF had invested See More
Groww Nifty EV & New Age Automotive ETF is 0 years 0 months old. It has delivered -0.88% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
--
|
--
|
--
|
--
|
--
|
-0.88%
|
No, There is no lock in period in Groww Nifty EV & New Age Automotive ETF.
The expense ratio of Groww Nifty EV & New Age Automotive ETF is --.
Mutual Funds 
Groww Groww Nifty EV & New Age Automotive ETF
