Compare Groww Nifty EV & New Age Automotive ETF FoF vs ICICI Prudential Nifty Auto Index Fund
Risk
Very High
Very High
Rating
-
-
Min SIP Amount
₹500
₹1000
Expense Ratio
0.62
1
NAV
₹8.25
₹19.00
Fund Started
24 Jul 2024
22 Sep 2022
Fund Size
₹156.91 Cr
₹216.59 Cr
Exit Load
Exit load of 1%, if redeemed within 30 days.
-
1 Year
0.41%
14.21%
3 Year
-
25.18%
5 Year
-
-
Equity
0.00%
98.86%
Cash
100.00%
1.14%
Top 10 Holdings
-
Mahindra & Mahindra Ltd. | 23.85% |
Maruti Suzuki India Ltd. | 15.33% |
Bajaj Auto Ltd. | 8.70% |
Eicher Motors Ltd. | 8.67% |
TVS Motor Company Ltd. | 7.15% |
Tata Motors Passenger Vehicles Ltd. | 6.29% |
Hero Motocorp Ltd. | 5.83% |
Ashok Leyland Ltd. | 4.75% |
Samvardhana Motherson International Ltd. | 4.66% |
Bharat Forge Ltd. | 4.01% |
Name
-
-
Start Date
-
-
Description
The scheme seeks to generate long term capital gains by investing in units of the Groww Nifty EV & New Age Automotive.
The Scheme seeks to invest in companies whose securities are included in Nifty Auto Index and subject to tracking errors, to endeavor to achieve the returns of the above index. This would be done by investing in all the stocks comprising the Nifty Auto Index in the same weightage that they represent in Nifty Auto Index.
Launch Date
24 Jul 2024
22 Sep 2022