Groww Nifty EV & New Age Automotive ETF vs HDFC Nifty Auto Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Groww Nifty EV & New Age Automotive ETF is an ETF fund and HDFC Nifty Auto Index Fund is an Index fund. Groww Nifty EV & New Age Automotive ETF charges 0.67% a year and HDFC Nifty Auto Index Fund 0.97%. Their portfolios overlap 47.8%: they hold 15 of the same securities.
Groww Nifty EV & New Age Automotive ETF
ETF
- Expense ratio
- 0.67%
- NAV
- ₹29.20
Which is better, Groww Nifty EV & New Age Automotive ETF or HDFC Nifty Auto Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Groww Nifty EV & New Age Automotive ETF costs less: 0.67% a year against 0.97%.
- Groww Nifty EV & New Age Automotive ETF fell less in its worst fall since 07-07-2026: −16.5% against −17.4%.
- HDFC Nifty Auto Index holds more in large companies: 75.5% of the fund in large caps against 44.0%.
- Groww Nifty EV & New Age Automotive ETF is the larger fund: ₹279 Cr against ₹146 Cr.
- Their portfolios overlap 47.8%: 15 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Groww Nifty EV & New Age Automotive ETF | HDFC Nifty Auto Index Fund |
|---|---|---|
| Fund house | Groww Mutual Fund | HDFC Mutual Fund |
| Category | ETF | Index |
| AUM | ₹279 Cr (30-09-2026) | ₹146 Cr (30-09-2026) |
| NAV | ₹29.20 | ₹9.32 (Direct) |
| Expense ratio (Direct) | Not available | 0.97% |
| Expense ratio (Regular) | Not available | 1.54% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty EV and New Age Automotive TRI | Nifty Auto TRI |
| Launch date | 09-08-2024 | 07-07-2026 |
| Minimum investment | ₹500 | ₹100 |
| Lock in | None | None |
| Fund managers | Nikhil Satam, Aakash Chauhan, Shashi Kumar | Nandita Menezes, Arun Agarwal |
| Exit load | Nil | NIL |
Groww Nifty EV & New Age Automotive ETF vs HDFC Nifty Auto Index: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Groww Nifty EV & New Age Automotive ETF | −4.79% | −9.56% | −2.51% | −6.13% | -- | -- | -- |
| HDFC Nifty Auto Index Fund (Direct) | −3.34% | −9.96% | -- | -- | -- | -- | -- |
Groww Nifty EV & New Age Automotive ETF vs HDFC Nifty Auto Index: Year-wise Returns
| Year | Groww Nifty EV & New Age Automotive ETFGroww Nifty EV & New Age Automotive ETF | HDFC Nifty Auto IndexHDFC Nifty Auto Index |
|---|---|---|
| 2026to date | −7.28% | -- |
| 2025 | +6.15% | -- |
Groww Nifty EV & New Age Automotive ETF vs HDFC Nifty Auto Index: Rolling Returns
Every holding period of both funds, against Nifty EV & New Age Automotive TRI, the benchmark of Groww Nifty EV & New Age Automotive ETF
Groww Nifty EV & New Age Automotive ETF vs HDFC Nifty Auto Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Nifty EV & New Age Automotive ETF | HDFC Nifty Auto Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.63% | −19.98% |
| Standard deviation | 17.93% | 17.17% |
| Sharpe ratio | -0.58 | -1.47 |
| Sortino ratio | -0.79 | -1.85 |
| Maximum drawdown | −31.0% (07-04-2025) | −17.4% (08-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.52% | −0.19% |
From daily NAVs, 09-08-2024 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Groww Nifty EV & New Age Automotive ETF
HDFC Nifty Auto Index Fund (Direct)
Nifty EV & New Age Automotive TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Nifty EV & New Age Automotive ETF | −16.5% | 13-08-2026 | 23-10-2026 | Not yet | -- | −14.5% |
| HDFC Nifty Auto Index Fund (Direct) | −17.4% | 07-08-2026 | 08-10-2026 | Not yet | -- | −14.3% |
| Nifty EV & New Age Automotive TRI | −16.5% | 13-08-2026 | 23-10-2026 | Not yet | -- | −14.5% |
From daily values since 07-07-2026, the first day every fund has.
Groww Nifty EV & New Age Automotive ETF vs HDFC Nifty Auto Index: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Nifty EV & New Age Automotive ETF, September 2026; HDFC Nifty Auto Index Fund, September 2026
Holdings in common
- Overlap
- 47.8%
- Held by both
- 15
- Only in Groww Nifty EV & New Age Automotive ETF
- 22
- Only in HDFC Nifty Auto Index
- 0
| Security | % of Groww Nifty EV & New Age Automotive ETF | % of HDFC Nifty Auto Index |
|---|---|---|
| Maruti Suzuki India Limited | 8.14% | 13.17% |
| Mahindra & Mahindra Limited | 7.97% | 22.30% |
| Samvardhana Motherson International Ltd | 4.04% | 6.10% |
| Bajaj Auto Limited | 3.85% | 10.04% |
| Bosch Limited | 4.00% | 3.45% |
| Eicher Motors Limited | 3.20% | 8.35% |
| Sona BLW Precision Forgings Limited | 4.13% | 3.16% |
| TVS Motor Company Limited | 3.13% | 8.16% |
| Hero MotoCorp Limited | 2.21% | 5.76% |
| Tata Motors Passenger Vehicles Limited | 1.92% | 5.02% |
| UNO Minda Limited | 3.94% | 1.80% |
| Bharat Forge Limited | 1.73% | 4.53% |
| Ashok Leyland Limited | 1.43% | 3.73% |
| Hyundai Motor India Limited | 0.94% | 2.41% |
| TUBE INVESTMENTS OF INDIA LTD | 0.82% | 2.14% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.8% means 47.8% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Groww Nifty EV & New Age Automotive ETF
| Security | % of fund |
|---|---|
| Sansera Engineering Limited | 3.99% |
| Reliance Industries Limited | 3.97% |
| CG Power And Industrial Solutions Ltd | 3.95% |
| KEI Industries Limited | 3.91% |
| Exide Industries Limited | 3.82% |
Largest holdings only in HDFC Nifty Auto Index Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Nifty EV & New Age Automotive ETF | HDFC Nifty Auto Index |
|---|---|---|
| Equity | 100.0% | 100.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.0% | -0.1% |
Market cap of stocks
| Market cap | Groww Nifty EV & New Age Automotive ETF | HDFC Nifty Auto Index |
|---|---|---|
| Large Cap | 44.0% | 75.5% |
| Mid Cap | 29.1% | 24.6% |
| Small Cap | 26.9% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Groww Nifty EV & New Age Automotive ETF | HDFC Nifty Auto Index |
|---|---|---|
| Automobiles | 32.9% | 75.2% |
| Auto Components | 35.6% | 21.2% |
| Chemicals & Petrochemicals | 9.0% | 0.0% |
| Agricultural, Commercial & Construction Vehicles | 4.3% | 3.7% |
| Petroleum Products | 4.0% | 0.0% |
| Electrical Equipment | 4.0% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Nifty EV & New Age Automotive ETF vs HDFC Nifty Auto Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Nifty EV & New Age Automotive ETF | HDFC Nifty Auto Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.97% |
| Base expense ratio (Direct) | 0.52% | 0.25% |
| Total expense ratio (Regular) | Not available | 1.54% |
| Base expense ratio (Regular) | 0.00% | 0.75% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Groww Nifty EV & New Age Automotive ETF vs HDFC Nifty Auto Index Fund: Frequently Asked Questions
What is the difference between Groww Nifty EV & New Age Automotive ETF and HDFC Nifty Auto Index Fund?
Groww Nifty EV & New Age Automotive ETF is an ETF fund, HDFC Nifty Auto Index Fund is an Index fund, run by Groww Mutual Fund and HDFC Mutual Fund. Their portfolios overlap 47.8%. Groww Nifty EV & New Age Automotive ETF charges 0.67% a year and HDFC Nifty Auto Index Fund 0.97%.
Which has the lower expense ratio, Groww Nifty EV & New Age Automotive ETF or HDFC Nifty Auto Index Fund?
Groww Nifty EV & New Age Automotive ETF charges less: 0.67% a year against 0.97%. These are the total expense ratios reported to AMFI.
How much do Groww Nifty EV & New Age Automotive ETF and HDFC Nifty Auto Index Fund overlap?
47.8%. They hold 15 of the same securities, the largest shared ones being MARUTI, M&M, MOTHERSON. From each fund's latest monthly portfolio.
Which is riskier, Groww Nifty EV & New Age Automotive ETF or HDFC Nifty Auto Index Fund?
On SEBI's riskometer, Groww Nifty EV & New Age Automotive ETF is rated Very High and HDFC Nifty Auto Index Fund Very High. Over their common history, the standard deviation of daily returns was 17.93% and 17.17% a year.
Can I invest in both Groww Nifty EV & New Age Automotive ETF and HDFC Nifty Auto Index Fund?
Yes. 47.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Groww Nifty EV & New Age Automotive ETF and HDFC Nifty Auto Index Fund?
Groww Nifty EV & New Age Automotive ETF: Nikhil Satam, Aakash Chauhan, Shashi Kumar. HDFC Nifty Auto Index Fund: Nandita Menezes, Arun Agarwal.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.