Nifty EV & New Age Automotive

Returns

Total return counts dividends reinvested; price return does not. Since 2018, dividends added about 1.1 percentage points a year. Returns over more than a year are a year, compounded.

To 14 Oct 2026. Before any fund cost or tax.

Year by year

6 of the 7 full calendar years since 2019 ended higher. 5 of them had a fall of 10% or more from a peak somewhere inside the year, so even good years are rarely smooth.

The worst fall is the largest drop from a peak within the year, with the previous year-end as the first peak (the convention of J.P. Morgan's Guide to the Markets). Total return, %.

The falls

Every fall of 10% or more from a high, deepest first. The worst, 55%, took 23 months to reach bottom and 10 months more to climb back. Today it is 14.2% below its high.

Total return, closing prices. A fall ends when the index closes at or above the high it fell from. Calendar time.

What holding it was like

From every day in its history, what holding Nifty EV & New Age Automotive for a fixed span would have returned a year. Over five years the middle outcome was 27.8% a year; the worst 11.9% and the best 44.0%; no five-year span lost money.

Total return a year, %, over every span of that length starting on any session. Spans overlap, so 'separate spans' is how many non-overlapping ones the history holds: the longer the span, the fewer truly independent readings behind each figure.

₹10,000 on the first session of every month into the index itself, from January of each year to 14 Oct 2026. Before any fund cost or tax; an index fund would have returned a little less. Of SIPs that ran five years or more, the weakest started in 2021 (+14.7% a year).

How bumpy

Volatility is how widely daily returns swing, scaled to a year. Over the past year it was 18.2%, against a usual 18.3% for this index. 69% of months ended higher, and 55 days moved 3% or more either way.

Valuation

NSE's own price-to-earnings, price-to-book and dividend yield, at each month-end since Aug 2026. Today's P/E of 39.9 is in the middle of its range since NSE moved to consolidated earnings in March 2021. Price to book, 4.28, is in the middle of its range over the full history.

Today is 14 Oct 2026; the history is month-ends. A percentile is the share of month-ends at or below today's reading: 90 means dearer than nine months in ten (for dividend yield, the reverse).

What it holds

37 stocks as NSE lists them today. The ten largest make up 48.0% of the index. It is weighted by periodic capped free float and rebalanced twice a year.

NSE's factsheet, 30 Sept 2026. NSE publishes the weights of the ten largest members only.

NSE's constituent list for Nifty EV & New Age Automotive, as seen on 14 Oct 2026. NSE changes members at each rebalance.

Against the Nifty 500

How Nifty EV & New Age Automotive has done against the broad market it is part of. Over 8 years it beat the Nifty 500 by 2.8 percentage points a year, and was ahead in 5 of 7 calendar years.

Monthly total returns. Up capture: how much of the Nifty 500's gain in its rising months this index caught (100 is all of it); down capture: the same for falling months. Beta above 1 means bigger swings than the Nifty 500.

Models and ETFs

No Tipsheet model uses Nifty EV & New Age Automotive. 3 ETFs track it. Its trend and momentum have a page of their own.

From the ETF desk. Tracking difference: what a holder buying and selling on the exchange got, minus the index's total return, over the past year. Tracking error: how much that gap wobbled week to week.

Nifty EV & New Age Automotive: trend and momentum →

Data and sources