MF
MFGenie.ai
Fund of Funds (Domestic)

Groww Nifty EV and New Age Automotive ETF FoF · Direct · Growth

Groww Mutual Fund

NAV

₹9.5363

as of 16 Jun 2026

Expense Ratio

see scheme documents

Viewing Direct · Growth
Compare Fund

Lumpsum returns (CAGR)

1Y
+6.16%
3Y
5Y
Since Inception
-2.54%

SIP returns (XIRR)

1Y
+6.84%
3Y
5Y
Since Inception
+4.00%

Portfolio Strategy

This is a Fund of Funds (FoF) that invests in units of other mutual funds rather than directly in equities or debt securities.

Performance Comparison

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Fund Details

Fund HouseGroww Mutual Fund
CategoryFund of Funds (Domestic)
Launch Date12 Aug 2024
AMFI Code152770
Transaction facts
Min. Lumpsum₹500
Min. SIP₹100
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Groww Nifty EV and New Age Automotive ETF FoF · Direct · Growth by Groww Mutual Fund is a Fund of Funds (Domestic) fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Fund of Funds (Domestic) category.

About This Fund

Groww Nifty EV and New Age Automotive ETF FoF · Direct · Growth is a Fund of Funds (Domestic) mutual fund offered by Groww Mutual Fund. The fund has been operational for over 1 years.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations