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Fund of Funds (Domestic)📊 NIFTY 50 TRI(SEBI default)

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

Groww Mutual Fund

#51 of 101 (1Y)

NAV

₹9.4634

as of 16 Jun 2026

Expense Ratio

0.62%

AUM

₹152 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+5.74%
3Y
5Y
Since Inception
-2.95%

SIP returns (XIRR)

1Y
+6.44%
3Y
5Y
Since Inception
+3.59%

Beat the benchmark — ₹500/month SIP

Same SIP in this fund vs the benchmark index

This fund

₹11,043

Benchmark

₹10,728

+₹315 extra wealth vs the benchmark index

Backtest this SIP yourself

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹11,000

Invested

₹11,043

Value today

0.4%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹915

Value today

-4.8%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹6,31,987

Value today

+15.1%

vs lumpsum

STP beat direct lumpsum by 15.1% — reduced timing risk paid off

Model your own STP with real NAV

Risk Metrics

Trailing 1 year, annualised

-0.07

Sharpe Ratio

+0.02

Alpha

0.60

Beta

-0.07

Sortino

19.67%

Std Dev

-20.25%

Max Drawdown

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.

Tracks:NIFTY 50 TRI

Performance Comparison

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Fund Details

Fund HouseGroww Mutual Fund
CategoryFund of Funds (Domestic)
BenchmarkNIFTY 50 TRI ✓
Launch Date12 Aug 2024
AMFI Code152773
Transaction facts
Min. Lumpsum₹500
Min. SIP₹100
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Groww Nifty EV and New Age Automotive ETF FoF · Regular · 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 · Regular · Growth is a Fund of Funds (Domestic) mutual fund offered by Groww Mutual Fund. The fund has been operational for over 1 years. It manages assets worth ₹152 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 50 TRI. The current expense ratio is 0.62%.

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