OtherFund of Funds Scheme (Domestic)Direct · Growth
Groww Nifty EV & New Age Automotive ETF FOF- Direct Plan - Growth
Groww · Scheme 152770
₹10.38▼ 0.73%NAV · 2026-09-18
Average FundScore
AUM
₹178 cr
Expense ratio
0.14%
3Y CAGR
—
Risk level
High
Min SIP
₹500
Benchmark
Underlying index
Fund manager: Abhishek JainExit load: Exit load of 1%, if redeemed within 30 days.
Average · 52/100
Middle-of-the-pack — compare it against better-scored peers.
🎯 Best held for the long term (5+ years) as part of a diversified portfolio.
📈 Why it could do well
- ✓Low cost — 0.14% expense ratio means more of the return stays with you.
- ✓1Y return: +13.5%
- ✓Direct plan: no distributor commission
📉 What could drag it down
- •Weak risk-adjusted returns (Sharpe -0.14) — took on risk without enough payoff.
- •Short track record — not enough history yet to judge long-term performance; treat the score as provisional.
- •Sharpe ratio: -0.14
- •Sortino ratio: -0.22
FundScore breakdown
52/100 · Average
Returns
Average
Consistency
Average
Risk-adjusted
Weak
Downside protection
Decent
Cost efficiency
Excellent
Portfolio quality
Average
Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.
SIP return calculator
Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.