About Groww Nifty EV & New Age Automotive ETF FOF
Groww Nifty EV & New Age Automotive ETF FOF is a fund of funds (domestic) managed by Groww Mutual Fund. Fund of funds that invest in other Indian mutual funds or ETFs, such as gold or silver ETFs.
The investment objective of the Scheme is to generate long term capital gains by investing in units of the Groww Nifty EV & New Age Automotive. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
The scheme's stated objective, as published by Groww Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹9.7737 | 152770 |
| Direct | Income Distribution cum capital withdrawal | ₹9.7741 | 152771 |
| Regular | Growth | ₹9.6916 | 152773 |
| Regular | Income Distribution cum capital withdrawal | ₹9.6917 | 152772 |
Frequently asked questions
What is the NAV of Groww Nifty EV & New Age Automotive ETF FOF today?
The NAV of Groww Nifty EV & New Age Automotive ETF FOF (Direct plan, Growth) is ₹9.7737 and the Regular plan NAV is ₹9.6916, as of 18 Sept 2026.
What returns has Groww Nifty EV & New Age Automotive ETF FOF given?
Over the last year the Direct plan returned -0.23%. Past returns do not guarantee future returns.
What is the expense ratio of Groww Nifty EV & New Age Automotive ETF FOF?
The Direct plan charges 0.14% a year, as disclosed on 31 Aug 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Groww Nifty EV & New Age Automotive ETF FOF?
You can start a monthly SIP with ₹500, or invest a lump sum of ₹500 or more.
How much has Groww Nifty EV & New Age Automotive ETF FOF fallen in the past?
Its deepest fall was 31.3% from 27 Sept 2024 to 7 Apr 2025. Of every one-year stretch in its history, 71% ended in a gain.
Which category does Groww Nifty EV & New Age Automotive ETF FOF belong to?
It is a Fund of Funds (Domestic) from Groww Mutual Fund. Fund of funds that invest in other Indian mutual funds or ETFs, such as gold or silver ETFs.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Groww Nifty EV & New Age Automotive ETF FOF taxed?
How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.