Frequently Asked Questions
What is Nifty Auto?
The Nifty Auto index is a sectoral index that tracks the performance of major automotive companies listed on the National Stock Exchange of India. It includes manufacturers of cars, motorcycles, commercial vehicles, auto parts, and related products. The index serves as a benchmark for the Indian automobile industry and is often used by investors to gauge sector-specific trends and growth potential.
What is CAGR?
CAGR stands for Compound Annual Growth Rate. In the stock market, it's a useful metric to measure the compound annual growth rate of an investment over a specific period of time, assuming the profits are reinvested at the end of each year. CAGR shows how much an investment grows each year on average.
What is the 3 year, 5 year and 10 Year CAGR (annualized return) of Nifty Auto?
CAGR (Compound Annual Growth Rate) of Nifty Auto is as follows:
- 3 Year CAGR: 28.22%
- 5 Year CAGR: 27.44%
- 10 Year CAGR: 12.99%
What is the 1 year return of Nifty Auto?
In the past 1 year, Nifty Auto has given a return of 1.71%.
How often the data is updated on this page?
The Current Market Price (CMP) and CAGR data are updated every 15 minutes during market hours. However, the current month's and current year's returns are updated daily after the market closes.