Two of India's most powerful structural themes — the Electric Vehicle revolution and the ₹10 lakh crore Railways capex boom — now available as single-click ETFs on NSE.
⚡ EV ETF 🚂 Rail ETFEV penetration in India crossed 7% of total vehicle sales in FY25, up from just 1% in FY21. The Government's FAME-III scheme (₹25,000 Cr subsidy), PLI for advanced chemistry cells (₹18,100 Cr), and 30% EV penetration target by 2030 create unprecedented policy tailwind. MOEV's index covers the full value chain: Tata Motors (55% passenger EV market share), M&M (BE 6e and XEV 9e platforms), Exide and Amara Raja (battery gigafactories), TVS Motor (iQube), Olectra (electric buses) and Bosch India (EV powertrain software).
The structural case is compelling: EV vehicles have 70% lower operating cost than ICE, India's home-grown battery manufacturing is scaling fast, and falling battery prices (LFP cells below $80/kWh in 2024) are making even budget EVs economically superior to petrol equivalents on total cost of ownership.
Indian Railways is undergoing the most ambitious transformation in its 170-year history. The National Rail Plan allocates ₹2.4 lakh crore in annual capex — the highest-ever. This funds: 3,000 km new tracks per year, full network electrification, 10,000 Vande Bharat coaches, 6 dedicated freight corridors (cutting logistics costs 25%), KAVACH collision avoidance system on 34,000 km of track, and 50+ major station redevelopments.
GROWWRAIL's portfolio captures: IRFC (finances every rupee of rail capex at sovereign-backed rates), RVNL (constructs track and stations), CONCOR (container logistics, DFC beneficiary), Titagarh Rail Systems (largest private wagon maker), RailTel (60,000 km OFC network), and Jupiter Wagons (fastest-growing rolling stock manufacturer). This is a rare ETF that provides direct, undiluted exposure to a government-mandated multi-decade investment cycle.