Mirae Asset Nifty EV and New Age Automotive ETF

Equity

EVINDIA

Price: ₹29.99
1D: -0.96%
1W: +2.65%
1Y: -3.01%

Day low ₹29.91Day high ₹30.44

Before you buy

This is an early-stage thematic ETF. EV adoption in India is still small, so many holdings are traditional auto makers transitioning to EVs. The story is long-term — returns can be slow for years before the theme plays out.

Tracks: Nifty EV & New Age Automotive
iNAV: ₹30.30
NAV, 16 Oct 2026: ₹30.00
Premium / discount: -1.01%
52W range: ₹26.20 – ₹35.04
Expense ratio: 0.40%
AUM: ₹163 Cr
Liquidity: Medium
AMC: Mirae Asset Mutual Fund
Listed: 2024

Tax on gains

Sold within 1 year: 20% of the gain
Sold after 1 year: 12.5% of the gain above ₹1.25 lakh

Rules for FY 2026-27. All rules

About this ETF

This ETF tracks the Nifty EV and New Age Automotive index, which holds companies involved in electric vehicles, batteries, EV parts, and next-generation auto technology. It targets India's shift away from fossil fuel vehicles.

Top 10 holdings

Mahindra & Mahindra8.00%
Maruti Suzuki India7.50%
Bajaj Auto7.00%
TVS Motor Company6.50%
Tata Motors5.50%
Bharat Forge4.50%
Exide Industries4.00%
Amara Raja Energy & Mobility3.50%
Sona BLW Precision Forgings3.00%
Motherson Sumi Wiring India2.80%

Other Nifty EV & New Age Automotive ETFs

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