Groww Nifty EV and New Age Automotive ETF and FOF NFO

 

Groww Mutual Fund has recently launched two new investment options to capitalize on the burgeoning electric vehicle (EV) and new-age automotive sector in India:

1. Groww Nifty EV & New Age Automotive ETF

• Directly tracks the Nifty EV & New Age Automotive Index.(see index stocks list below)
  
  
  
• Suitable for investors with a Demat account who want to invest directly in the underlying stocks.
•  

2. Groww Nifty EV & New Age Automotive ETF FOF

• Invests in units of the Groww Nifty EV & New Age Automotive ETF.
• Suitable for investors without a Demat account or those who prefer a mutual fund structure.
• Provides diversification benefits through fund management.

Key points about both options:

• NFO period: The NFO for the ETF ended on August 2, 2024, while the FOF's NFO ended on August 7, 2024.
• Investment objective: Both aim to generate long-term capital gains by investing in companies involved in the EV and new-age automotive sector.
• Risk: High risk due to the early stage of the EV industry and market volatility.
• Suitable for: Investors with a long-term investment horizon and a high-risk appetite.

Should you invest?

Investing in the EV and new-age automotive sector has the potential for high returns, but it also comes with significant risks. Before making a decision, consider the following:

• Your risk tolerance: Are you comfortable with high-risk investments?
• Investment horizon: Do you have a long-term investment horizon?
• Diversification: Are you already invested in other sectors?
• Research: Understand the companies included in the index and their business prospects.

 Potential risks and rewards of investing in the EV and new-age automotive sector?

Potential Rewards

• High growth potential: The EV and new-age automotive sector is expected to experience significant growth in the coming years due to increasing environmental concerns, government support, and technological advancements.
• First-mover advantage: Investing in this sector early on can provide the opportunity to benefit from substantial price appreciation as the industry matures.
• Diversification: Investing in this sector can help diversify your portfolio and reduce overall risk.

Potential Risks

• Market volatility: The EV and new-age automotive sector is known for its volatility, with stock prices fluctuating significantly.
• Technological risks: Rapid technological advancements can disrupt the industry, leading to losses for companies that fail to adapt.

 

Disclaimer: This information is intended for general knowledge and informational purposes only, and does not constitute financial advice. It's essential to conduct your own research or consult with a financial advisor before making any investment decisions.

NIFTY AND NASDAQ COMPOSITE HIT ALL TIME HIGH ON JUNE 10 TH

 Nifty 50, the benchmark stock market index of the National Stock Exchange of India, achieved a new all-time INTRADAY high on June 10, 2024 (23411.9)
Nasdaq Composite also achieved a new all-time intraday high on June 10, 2024 (17,213.45)

Stock Market Boom or Bust? Preparing for Election Results 2024

 

Market moving in a Wedge Pattern as we approaching the election results..  Because we are expecting huge volatility in next week; LONG STRANGLE is the way to go . Because its a Premium giving strategy ,premium management hold the key

 
Savvy pattern recognizers likely initiated one leg (the call) of the long strangle when the market was near 22,000. Now that the market is at the top of the wedge, they'll likely be adding the put side of their positions.

INDEX MANAGEMENT / STOCK MANAGEMENT IN FULL SWING

 All equity mutual funds having exposure of over 10 per cent in HDFC Bank shares after the HDFC twins merger, they will have to cut down their stake, how they will do it ?Obvious NIFTY SENSEX will be heavy hit ,if Mutual Fund sell in Bulk . 

HDFCBANK's heavy weightage in NIFTY is also issue ,so What portfolio mangers doing is , those  who sell HDFC/HDFCBANK to keep exposure below 10% moving that money to other stocks of NIFTY and SENSEX
Just see yesterday's(5/7/2023) move of BAJFINANCE ,today's move of RELIANCE all point towards same pattern.

MARKET TESTING APPITAITE OF RETAIL INVESTORS 🍔🍔🍔

 

When Market run up onside in last 3 month, retailers thought they lost jackpot of life time, So when this correction happened ,they were BUYING GOOD STOCKS at what ever price they get ,and now holding 17000cr+ (till date in this OCTOBER only) Stocks in there demat. 

Now 5 more IPO'S coming  IN 5 DAYS..

Naykaa - 28-10 to 01-11

Fino - 29-10 to 02-11

Policy Bazar - 01-11 to 03-11

Sigachi - 01-11 to 03-11

SJS - 01-11 to 03-11

More money have to be raised by retailers 

PLUS

Diwali Shopping 🛒🛒🛒 

 

✨FUNDS GOT TRAPPED IN HONG KONG WILL TRIGGER SELL OFF✨✨✨

Liquid Funds which got trapped in hong kong , will pause continues rally of equity in World for some time. Chinese crack down of IT stocks ,will help Indian unicorns in long term ,but our  market will see some profit booking especially in those stocks which have large Foreign investments. if Rupee didn't got above 75 levels in coming months, more profit booking from GLOBAL FUND HOUSES is expected
Domestic Fund flows are strong in JULY ,let see whether they can do same in AUGUST & SEPTEMBER months ,with BIG IPO's like PAYTM & LIC listing 

10 High Risk High Reward Indian Stocks

Know the levels were you can enter and exit in this volatile market

Market Reversal Coming ?🤔

 

NIFTY 50 (As on AUG 13)

Courtesy : forextradingstrategies4u.com


After Weekly Expiry, charts some what showing a Island Reversal Pattern, hope we will get a confirmation on Friday, yes market can do some more days of narrow range trades also . We will change our view only  if  Market make a NEW HIGH 

If market  trade in Narrow range few more days more Retail investors (ROBINHOOD ones )will be trapped in unknown stock for sure