Nifty Auto Historical Returns
The Nifty Auto index tracks makers of cars, two-wheelers, commercial vehicles and auto components. Figures come from the NAV of a fund that tracks it, so returns include dividends and are after fund costs.
Price history
Month-end values. Hover a year-end point for its value.
About Nifty Auto
The Nifty Auto index tracks makers of cars, two-wheelers, commercial vehicles and auto components.
What it means for investors. Vehicle sales follow the economic cycle, interest rates and rural demand, so the sector is cyclical: strong in expansions and weaker in slowdowns.
Returns over time
| Series | 1Y | 3Y | 5Y | 10Y | 15Y | 20Y | Max fall | Data to |
|---|---|---|---|---|---|---|---|---|
| Nifty Auto | −7.9% | 16.0% | n/a | n/a | n/a | n/a | −28% | 23 Oct 2026 |
Annualised (CAGR) for periods of a year or more, ending on each series' latest date. “n/a” means the series does not go back that far. Max fall: the largest fall from a previous peak over the whole history.
AMFI NAV history (daily NAV file; earlier history via mfapi.in, which republishes AMFI NAVs), stored and cleaned by MFIC. Proxy: ICICI Prudential Nifty Auto ETF (total return after fund costs (proxy)). Data 13 Jan 2022 to 23 Oct 2026. Latest level: NSE daily index closing values. Returns use the fund NAV history, which includes dividends.
Mutual funds linked to Nifty Auto
MFIC groups that invest in this market, with medians for each group (medians across open-ended schemes, regular plans (etfs for etf categories), growth option, from amfi navs; NAVs as of 23 Oct 2026).
| Fund group | Link | Schemes | 1Y median | 3Y CAGR median | 5Y CAGR median | Ahead of benchmark TRI, 3Y |
|---|---|---|---|---|---|---|
| Equity ETF: Sector: Auto & mobility (ETFs) | Track this market | 5 | −8.6% | +15.9% | n/a | – |
| Index Fund: Sector: Auto & mobility | Track this market | 4 | −8.6% | +15.0% | n/a | – |
| Sectoral/Thematic: Auto & mobility | Main market of active funds | 7 | −3.1% | +15.8% | +14.9% | 2 of 4 |
Groups follow AMFI categories; theme groups are MFIC's own grouping from scheme names. "Ahead of benchmark TRI" compares each scheme's 3-year return with its own benchmark's total return index as published by AMFI; it is not shown for index funds and ETFs, which aim to match their index. Listed by how closely the group follows this market, not ranked. Open a group for every scheme in it.
Calendar-year returns
| Year | Return |
|---|---|
| 2026 to 23 Oct | −11.0% |
| 2025 | 24.3% |
| 2024 | 23.4% |
| 2023 | 48.4% |
| 2022 part year | 8.9% |
Over 3 complete calendar years since 2023, Nifty Auto rose in 3. Best: 2023 (+48.4%). Worst: 2024 (+23.4%).
Year-end to year-end, from AMFI NAV history (daily NAV file; earlier history via mfapi.in, which republishes AMFI NAVs), stored and cleaned by MFIC.
Falls from peak and recovery
| Peak | Bottom | Fall | Months down | Back to peak | Months to recover | Events in the fall |
|---|---|---|---|---|---|---|
| Aug 2026 | Oct 2026 | −17.3% | 2 | not yet | — | — |
| Jan 2026 | Mar 2026 | −17.7% | 3 | Jul 2026 | 4 | — |
| Sep 2024 | Apr 2025 | −28.3% | 6 | Nov 2025 | 7 | US tariff announcement |
| Nov 2022 | Mar 2023 | −11.3% | 5 | May 2023 | 1 | — |
| Jan 2022 | Mar 2022 | −20.0% | 2 | Jul 2022 | 4 | Russia–Ukraine war begins |
Each fall of 10% or more from a previous high, measured on daily data. The 5 deepest are shown. “Back to peak” is the first date it regained the previous high.
Rolling returns: the range of outcomes
| Holding period | Periods | Median | Worst | Best | Middle half | Positive |
|---|---|---|---|---|---|---|
| 1 year | 45 | 19.7% | −10.7% | 75.8% | 13.9% to 38.4% | 87% |
| 3 years | 21 | 26.1% | 18.4% | 31.5% | 24.2% to 27.1% | 100% |
Every holding period starting at a month-end in the history (overlapping). Annualised for periods over a year.
How it has moved with other assets
| Compared with | Correlation | Months |
|---|---|---|
| Nifty 50 | 0.75 | 56 |
| Gold (domestic, ₹) | −0.05 | 56 |
| 10-year G-Sec (bond fund) | 0.37 | 56 |
| USD/INR | −0.39 | 56 |
| Nifty Bank | 0.61 | 56 |
| Nifty PSU Bank | 0.51 | 56 |
Correlation of monthly returns over the months both series have: +1 moves together, 0 unrelated, −1 opposite. Relationships change over time.
Nifty Auto and the Nifty 50, year by year
| Year | Nifty Auto | Nifty 50 |
|---|---|---|
| 2026 to 23 Oct | −11.0% | −12.9% |
| 2025 | 24.3% | 11.6% |
| 2024 | 23.4% | 9.6% |
| 2023 | 48.4% | 20.9% |
| 2022 part year | 8.9% | 5.3% |
Fund NAVs (AMFI), after fund costs.
Questions
- What has Nifty Auto returned over the long run?
- Calculated from ICICI Prudential Nifty Auto ETF, Nifty Auto returned −7.9% over the year to 23 Oct 2026, and 16.0% a year over 3 years. Past returns do not indicate future returns.
- What was the biggest fall in Nifty Auto?
- In the data available from Jan 2022, the largest fall from a previous peak was −28.3%, from Sep 2024 to Apr 2025, and it regained the peak in Nov 2025 (7 months after the bottom). There were 5 falls of 10% or more, 2 of them 20% or more.
- How often has Nifty Auto been positive over one year?
- Across 45 one-year periods starting at month-ends, 87% were positive; the range was −10.7% to 75.8%.
Every Monday: index benchmarks and the median 1-month and 1-year return of every equity category, plus broad equity, hybrid and debt figures. Calculated from AMFI NAVs. Free; unsubscribe from any email.