Question 1

Which ETFs are similar to Nippon India Nifty Auto ETF-Growth?

Accepted Answer

ETFs similar to Nippon India Nifty Auto ETF-Growth in the Equity: Sectoral-Auto & Transportation category include Groww Nifty EV & New Age Automotive ETF-Growth, ICICI Prudential Nifty Auto ETF-Growth, and Mirae Asset Nifty EV and New Age Automotive ETF-Growth. These ETFs follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the ETF comparison tool on sharpely.

Question 2

What is the rank of Nippon India Nifty Auto ETF-Growth in its category?

Accepted Answer

On a 3-year return basis Nippon India Nifty Auto ETF-Growth is ranked 4 out of 7 ETFs in the Equity: Sectoral-Auto & Transportation category as of 17 Sep 2026. Consistently ranking in the top across multiple time periods is a stronger signal of ETF quality than a single-period rank.

Question 3

How does Nippon India Nifty Auto ETF-Growth's expense ratio compare to similar ETFs?

Accepted Answer

Nippon India Nifty Auto ETF-Growth has an expense ratio of 0.23%. The peers Groww Nifty EV & New Age Automotive ETF-Growth has an expense ratio of 0.64% and ICICI Prudential Nifty Auto ETF-Growth has 0.20%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the ETF's performance justifies the additional cost.

Question 4

How does Nippon India Nifty Auto ETF-Growth's AUM compare to similar ETFs?

Accepted Answer

Nippon India Nifty Auto ETF-Growth has an AUM of ₹496.71 crore. The peers Groww Nifty EV & New Age Automotive ETF-Growth has an AUM of ₹305.4 crore and ICICI Prudential Nifty Auto ETF-Growth has ₹227.3 crore. A large AUM can sometimes limit a ETF's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for ETFs that invest outside large caps.

Question 5

Which ETF has the best 3-year returns in the Equity: Sectoral-Auto & Transportation?

Accepted Answer

The top performing ETF in the Equity: Sectoral-Auto & Transportation category on a 3-year basis is ICICI Prudential Nifty Auto ETF-Growth with a CAGR of 18.68% as of 17 Sep 2026. Nippon India Nifty Auto ETF-Growth has delivered 18.60% CAGR over the same period, ranking 4 out of 7 ETFs. You can view and compare the full category ranking on sharpely.

Question 6

How does Nippon India Nifty Auto ETF-Growth rank in risk-adjusted returns vs peers?

Accepted Answer

On a risk-adjusted basis, Nippon India Nifty Auto ETF-Growth has a Sharpe ratio of 0.88 compared to the Equity: Sectoral-Auto & Transportation average of 0.88 as of 17 Sep 2026. It ranks 2 out of 2 ETFs in its category on Sharpe ratio.

Period	This Fund	Category Avg	Category Rank
1Y Return	+0.02%	2.77%	8 / 17
3Y Return	+18.60%	17.31%	4 / 7
5Y Return	—	20.43%	—
10Y Return	—	12.03%	—

Nippon India Nifty Auto ETF-Growth

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