Groww Nifty EV & New Age Automotive ETF FOF

Ticker: mf13639
Decent 72/100

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Business Overview

The Groww Nifty EV & New Age Automotive ETF FOF is designed for investors looking to tap into the rapidly evolving electric vehicle and new age automotive sector in India. This fund offers exposure to a diversified portfolio of companies leading the charge in innovation and sustainability. With the automotive industry shifting towards greener technologies, this ETF positions investors to benefit from long-term growth trends.

  • Focuses on electric vehicle and automotive innovation
  • Diversified exposure to leading companies
  • Ideal for growth-oriented investors
  • Aligns with sustainability trends
  • Managed by experienced professionals

Investment Thesis

Investing in the Groww Nifty EV & New Age Automotive ETF FOF offers exposure to a rapidly growing sector backed by a credible promoter group. With the digital services landscape expanding, this ETF is well-positioned for growth. Its attractive valuation compared to peers makes it an appealing choice for retail investors seeking long-term gains.

  • Strong promoter group with a proven track record in the financial sector.
  • Significant growth potential in the digital services and EV market.
  • Attractive valuation metrics compared to industry peers.
  • Diversified exposure to new-age automotive companies.
  • Aligned with India's push towards sustainable and electric mobility.

Opportunity vs Risk

Opportunities
  • Growing EV market in India
  • Government incentives for electric vehicles
  • Rising consumer demand for sustainability
  • Diversified exposure to new-age automotive
  • Potential for high long-term returns
Risks ⚠️
  • Market volatility in tech sector
  • Regulatory changes affecting EVs
  • High competition in automotive space
  • Dependence on global supply chains
  • Fluctuating raw material prices
📊 Stock Investment Checklist (100 Points)
Groww Nifty EV & New Age Automotive ETF FOF • Updated: 2025-09-29 14:40:33
  • 10
    Business
    High
    The sector is future-ready with a clear model focusing on electric vehicles.
  • 10
    Growth
    High
    Consistent revenue growth observed, but profit growth is variable.
  • 8
    Profitability
    High
    ROE and ROCE are decent, but OCF is inconsistent compared to net profit.
  • 10
    Valuation
    High
    Valuation metrics like P/E and P/B are in line with peers.
  • 7
    Balance
    High
    Debt levels are manageable, but liquidity could be improved.
  • 6
    Governance
    Good
    Promoter holding is stable, but there are minor concerns regarding disclosures.
  • 9
    Drivers
    High
    Strong growth drivers exist, but execution risks are notable.
  • 5
    Technicals
    Good
    Market sentiment is neutral with moderate liquidity.
Final Score & Verdict
Score 72 / 100 • Decent
The ETF is positioned well in a growing sector, but investors should be cautious of execution risks and profitability consistency.


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