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 Groww Nifty EV & New Age Automotive ETF FoF Regular Growth has an AUM of 114.65 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 0.62%. The minimum investment in Groww Nifty EV & New Age Automotive ETF FoF Regular Growth is Rs 500 and the minimum SIP is Rs 500.
As per morningstar the risk & return rating of the fund are - & - respectively.
The top holdings of the fund include Growwev Etf.
Some of the similar funds are Nippon India Quant Fund - Growth, ICICI Prudential Quant Fund Regular Growth, Tata Quant Fund Regular Growth, Motilal Oswal Quant Fund Regular Growth, Groww Nifty EV & New Age Automotive ETF FoF Regular Growth. Groww Nifty EV & New Age Automotive ETF FoF Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.
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