What is Nifty EV New Age Automotive Index?

The Nifty EV & New Age Automotive Index aims to track the performance of companies which form part of the EV ecosystem or are involved in the development of new age automotive vehicles or related technology.

Why you may consider Groww Nifty EV & New Age Automotive ETF FOF?

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Groww Nifty EV & New Age Automotive ETF FOF NFO

Mutual Fund Groww Mutual Fund
Scheme Name Groww Nifty EV & New Age Automotive ETF FOF
Objective of Scheme 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.
Scheme Type Open Ended
Scheme Category Other Scheme – FoF Domestic
New Fund Launch Date 24-Jul-2024
New Fund Earliest Closure Date
New Fund Offer Closure Date 07-Aug-2024
Indicate Load Seperately Exit Load: If redeemed within 30 days from the date of allotment: 1%; If redeemed after 30 days from the date of allotment: NIL
Minimum Subscription Amount 500
For Further Details Please Visit Website https://www.growwmf.in
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Groww Nifty EV & New Age Automotive ETF FOF NFO

Application Form

 

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Groww Nifty EV & New Age Automotive ETF FOF NFO Riskometer:

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