Index Overview

Nifty EV New Age Automotive

Return Overview

1M
-5.84%
3M
+5.62%
6M
+9.25%
1Y
+1.19%
3Y
+13.15%
5Y
+19.33%
Max
+14.75%

Fundamentals

Asset TypeEquity
Index TypeThematic Index
No. of Companies35
Market Cap FocusMulti / Flexi Cap
P/E44.09
P/B6.99
Div Yield0.80%
Std Deviation (1 yr)1.15%

Exchange Traded Funds (ETFs)

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Fund NameLast CloseAUM (Cr)Avg Exp RatioTracking Error1M ADTO (Cr)1M Avg NAV GapAll-In-CostScore
32.122810.52%0.02%10.01%0.55%
32.131740.35%0.01%1-0.07%0.36%
32.14630.38%0.02%10.07%0.47%

Index Funds

No index funds available for this index

Sectoral Allocation

Total
100%
allocation
  • Automobile & Ancillaries68.8%
  • IT10.0%
  • Chemicals8.5%
  • Capital Goods4.9%
  • Electricals4.5%
  • Crude Oil3.3%

Index Constituents

NameWeight
Maruti Suzuki India Ltd.7.5%
Mahindra & Mahindra Ltd.7.1%
CG Power and Industrial Solutions Ltd.4.9%
Samvardhana Motherson International Ltd.4.7%
KEI Industries Ltd.4.5%
Sona BLW Precision Forgings Ltd.4.4%
Bosch Ltd.4.3%
UNO Minda Ltd.3.6%
Bajaj Auto Ltd.3.6%
Exide Industries Ltd.3.6%
Schaeffler India Ltd.3.4%
Reliance Industries Ltd.3.3%
Gujarat Fluorochemicals Ltd.3.1%
Eicher Motors Ltd.3.1%
Tata Elxsi Ltd.3.0%
Himadri Speciality Chemical Ltd.2.9%
KPIT Technologies Ltd.2.6%
Tata Motors Passenger Vehicles Ltd.2.6%
Tata Motors Ltd.2.5%
Tata Technologies Ltd.2.5%
TVS Motor Company Ltd.2.5%
Tata Chemicals Ltd.2.4%
ZF Commercial Vehicle Control Systems India Ltd.2.3%
Amara Raja Energy & Mobility Ltd.2.2%
Motherson Sumi Wiring India Ltd.2.0%
Hero MotoCorp Ltd.2.0%
L&T Technology Services Ltd.1.9%
Bharat Forge Ltd.1.6%
Ashok Leyland Ltd.1.4%
Tube Investments of India Ltd.1.1%
Minda Corporation Ltd.1.0%
Hyundai Motor India Ltd.0.9%
Ather Energy Ltd.0.6%
Force Motors Ltd.0.3%
OLA Electric Mobility Ltd.0.3%
Olectra Greentech Ltd.0.1%
Jupiter Wagons Ltd.0.1%
JBM Auto Ltd.0.1%

Holdings Concentration

Total covered: 100%
Top 1–5
5 holdings
28.7%
29%
share
Top 6–10
5 holdings
19.6%
20%
share
Top 11–20
10 holdings
29.0%
29%
share
Beyond 20
18 holdings
22.8%
23%
share

Market Cap Classification

Total
100%
allocation
  • Large Cap48.9%
  • Small Cap30.4%
  • Mid Cap20.7%

Index Methodology

Factor BasisSector/Theme
UniverseNifty 500 AND companies that are involved in the manufacturing of: 1) 2Q/3W/4W/PV/CV Electric and New Age Automotive Vehicles, 2) Batteries for Electric and New age automotive Vehicles, 3) Components for Electric and New Age Automotive Vehicle batteries, 4) Raw Material for Electrric and New Age Automotive Vehicles/batteries/cpomponents, 5)Advanced automotive technology for electric and new age automotive vehicles, 6) Companies part of PLI for Advanced Automotive and ACC Batteries, FAME, Society of Manufatcturers of Electric Vehicles; 1 - Group A, 2- Group B, 3, 4, 5 -Group C, 6 - Group D
WeightageFree-Float Market Cap Weighting; Max weight of constituents in Group A = 8%, Max weight of other constituents = 4%; Group A Cap =40%
Stocks IncludedAll stocks part of Group A & B, top 5 stocks from group C.1C.2,C.3 each based on Free Float MARKET Capitalization (6-month average), Top 5 stocks from Group D based on Free Float Market Capitalization (6-month average)
ExclusionsConstituents moving out of the Nifty 500 and currently are part of the Nifty EV and New Age Auotmotive Index to be excluded; Constituents with Corporate Actions (Scheme of Arrangement, Delisting); Constituent moved to BZ Series;

Index • Last updated: 11/09/2026

Note: Above data is based on average of ETFs / Index Funds.