GMP IPO Watch
Groww Nifty India Defence ETF
Groww Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
Want to invest in this fund?
Open a free demat & trading account with Zerodha to invest in direct mutual funds with zero commission.
Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +4.38% | +3.62% | 112 of 229 |
| 1M | +0.23% | +2.76% | 193 of 227 |
| 3M | -2.66% | -3.72% | 93 of 227 |
| 6M | +2.02% | -0.45% | 66 of 218 |
| YTD | +18.74% | -3.05% | 4 of 229 |
| 1Y | +13.88% | -0.32% | 16 of 193 |
| 2Y | +21.05% | +4.05% | 11 of 150 |
| INCEPTION | +15.87% | — | — |
Ranked among: Exchange Traded Funds (ETFs) - Other ETF.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +6.84% | +70.95% | -23.36% | 55% | 21% |
| 6M | +15.40% | +52.00% | -17.14% | 80% | 35% |
| 1Y | +22.21% | +59.20% | -0.12% | 99% | 46% |
| 2Y | +18.01% | +21.04% | +15.98% | 100% | 47% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity99.97%
- Debt0.00%
- Cash0.01%
- Other0.02%
Market Cap Split
- Large Cap51.51%
- Mid Cap22.94%
- Small Cap25.52%
- Others0.03%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 47.08 | — |
| P/B | 10.59 | — |
| Price / Sales | 9.13 | — |
| Price / Cash Flow | 36.66 | — |
| Dividend Yield (%) | 0.65 | — |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Bharat Electronics | Aerospace & Defense | 19.95% | +0.45% |
| Hindustan Aeronautics | Aerospace & Defense | 19.66% | -1.72% |
| Bharat Forge | Auto Components | 13.27% | -0.64% |
| Solar Industries | Chemicals & Petrochemicals | 11.90% | -0.24% |
| MTAR Technologies | Electrical Equipment | 4.21% | +0.46% |
| Mazagon Dock Shipbuilders | Industrial Manufacturing | 3.98% | -0.69% |
| Astra Microwave Products | Aerospace & Defense | 3.43% | -0.07% |
| Data Patterns | Aerospace & Defense | 3.23% | -0.15% |
| Cochin Shipyard | Industrial Manufacturing | 3.15% | -0.02% |
| Bharat Dynamics | Aerospace & Defense | 2.54% | -0.37% |
| BEML | Agricultural, Commercial & Construction Vehicles | 1.89% | +0.05% |
| Zen Technologies | Aerospace & Defense | 1.84% | -0.19% |
| Apollo Micro Systems | Aerospace & Defense | 1.64% | +0.09% |
| Garden Reach Shipbuilders | Aerospace & Defense | 1.58% | -0.28% |
| Dynamatic Technologies | Industrial Manufacturing | 1.32% | +0.15% |
View all 23 holdings
| Sigma Advanced Systems | Aerospace & Defense | 1.27% | — |
| Paras Defence Space Tech | Aerospace & Defense | 1.15% | -0.11% |
| Aequs | Aerospace & Defense | 1.14% | +0.44% |
| Axiscades Engineering Technologies | Aerospace & Defense | 0.99% | +0.25% |
| Centum Electronics | Aerospace & Defense | 0.92% | — |
| Mishra Dhatu Nigam | Aerospace & Defense | 0.53% | +0.03% |
| Unimech Aerospace and Manufacturing | Aerospace & Defense | 0.38% | — |
| Net Receivable/Payable | Net Current Assets | 0.01% | — |
Sector Allocation · Sep 2026
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 25.02 | 16.71 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.18 | -3.33 | Above Average |
| 3Y | 0.46 | -1.59 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.93 | 0.07 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Tracking Difference
Versus Nifty India Defence Index, as of Sep 2026.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Motilal Oswal Nasdaq Q50 ETF | +33.42% | +31.36% | — | +12.73% |
| Tata Silver Exchange Traded Fund | +26.44% | — | — | +39.36% |
|
SBI Silver ETF
Regular Plan · Growth
|
+26.42% | — | — | +34.10% |
| Kotak Silver ETF | +26.35% | +36.48% | — | +28.03% |
| ICICI PRUDENTIAL SILVER ETF | +26.35% | +36.57% | — | +24.10% |
| Edelweiss Silver ETF | +26.32% | — | — | +35.41% |
| Motilal Oswal Silver ETF | +26.09% | — | — | +46.27% |
|
Nippon India Silver ETF
Direct Plan
|
+26.05% | +36.23% | — | +25.08% |
|
HDFC Silver ETF
Growth Option
|
+25.77% | +36.06% | — | +34.08% |
|
Nippon India Nifty Pharma ETF
Direct Plan
|
+22.83% | +22.93% | +15.06% | +13.35% |
More From Groww Asset Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Groww Silver ETF FOF
Direct Plan · Growth
|
+26.23% | — | — | +50.43% |
| Groww Silver ETF | +25.92% | — | — | +52.98% |
| Groww Gold ETF | +16.55% | — | — | +31.81% |
|
Groww Gold ETF FOF
Direct Plan · Income Distribution cum capital withdrawal
|
+16.22% | — | — | +32.72% |
|
Groww Multicap Fund
Direct Plan · Growth
|
+13.63% | — | — | +11.87% |
|
Groww Nifty India Defence ETF FOF
Direct Plan · Income Distribution cum capital withdrawal
|
+13.49% | — | — | +15.40% |
|
Groww Liquid Fund
Direct Plan · Growth
|
+6.51% | +6.94% | +6.35% | +6.80% |
| Groww BSE Power ETF | +5.38% | — | — | +7.01% |
|
Groww Short Term Fund
Direct Plan · Growth
|
+5.27% | +7.50% | +6.27% | +7.46% |
|
Groww BSE Power ETF FOF
Direct Plan · Income Distribution cum capital withdrawal
|
+5.19% | — | — | +7.75% |
About This Scheme
Investment Objective
The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty India Defence in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty India Defence Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Stated Asset Allocation
Constituents of Nifty India Defence Index - 95% to 100% Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds. - 0% to 05%
Exit Load
Nil
Fund Managers
Mr. Nikhil Satam , Mr. Aakash Chauhan , Mr. Shashi Kumar
Mr. Nikhil Satam - Primary(Dealer Equity & Fund Manager - Passive Scheme) , Mr. Aakash Chauhan - Primary(Dealer Equity & Fund Manager - Passive Scheme) , Mr. Shashi Kumar - Primary(Dealer Equity & Fund Manager - Passive Scheme)
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.