GMP IPO Watch
HDFC Defence Fund
Direct Plan · IDCW Option · HDFC Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +4.14% | +3.52% | 105 of 255 |
| 1M | +0.22% | +1.97% | 212 of 255 |
| 3M | -0.80% | -3.45% | 53 of 252 |
| 6M | +9.62% | +2.92% | 49 of 251 |
| YTD | +26.20% | +1.21% | 4 of 255 |
| 1Y | +19.94% | +1.11% | 9 of 232 |
| 2Y | +20.04% | +2.39% | 4 of 187 |
| 3Y | +36.01% | +12.36% | 2 of 142 |
| INCEPTION | +38.17% | — | — |
Ranked among: Equity Scheme - Sectoral/ Thematic.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +10.01% | +55.49% | -26.49% | 68% | 28% |
| 6M | +20.28% | +67.72% | -27.40% | 78% | 35% |
| 1Y | +36.25% | +147.04% | -1.45% | 99% | 47% |
| 2Y | +29.70% | +62.67% | +9.07% | 100% | 49% |
| 3Y | +39.55% | +45.15% | +33.35% | 100% | 55% |
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
- Equity98.27%
- Debt0.00%
- Cash1.73%
- Other0.00%
Market Cap Split
- Large Cap43.50%
- Mid Cap24.07%
- Small Cap30.70%
- Others1.73%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 48.50 | 28.09 |
| P/B | 10.29 | 4.63 |
| Price / Sales | 7.83 | 3.31 |
| Price / Cash Flow | 36.50 | 21.08 |
| Dividend Yield (%) | 0.60 | 1.16 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Bharat Electronics | Aerospace & Defense | 14.87% | -0.30% |
| Bharat Forge | Auto Components | 12.91% | -0.49% |
| Hindustan Aeronautics | Aerospace & Defense | 12.61% | +0.04% |
| Solar Industries | Chemicals & Petrochemicals | 10.28% | -0.49% |
| Astra Microwave Products | Aerospace & Defense | 6.44% | -0.11% |
| BEML | Agricultural, Commercial & Construction Vehicles | 5.11% | +0.22% |
| MTAR Technologies | Electrical Equipment | 5.09% | +0.49% |
| Eicher Motors | Automobiles | 4.67% | +0.51% |
| Bosch | Auto Components | 4.10% | +0.09% |
| Bharat Dynamics | Aerospace & Defense | 3.19% | -0.42% |
| Cyient DLM | Aerospace & Defense | 3.18% | +0.24% |
| Mazagon Dock Shipbuilders | Industrial Manufacturing | 3.17% | -0.45% |
| Centum Electronics | Aerospace & Defense | 2.95% | +0.83% |
| Premier Explosives | Chemicals & Petrochemicals | 2.77% | +0.08% |
| TREPS - Tri-party Repo | Reverse Repo / TREPS | 2.33% | — |
View all 26 holdings
| Data Patterns | Aerospace & Defense | 1.98% | -0.11% |
| SEDEMAC Mechatronics | Auto Components | 1.21% | +0.14% |
| Tata Motors | Agricultural, Commercial & Construction Vehicles | 1.07% | -0.08% |
| Ideaforge Technology | Aerospace & Defense | 0.77% | -0.07% |
| Power Mech Projects | Construction | 0.65% | -0.01% |
| Indo-MIM | Industrial Manufacturing | 0.36% | +0.11% |
| Cochin Shipyard | Industrial Manufacturing | 0.34% | -0.05% |
| Diffusion Engineers | Industrial Products | 0.22% | -0.02% |
| JNK India | Industrial Manufacturing | 0.21% | +0.00% |
| Aequs | Aerospace & Defense | 0.12% | +0.01% |
| Net Current Assets | Net Current Assets | -0.60% | — |
Sector Allocation · Sep 2026
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 23.09 | 16.32 | High Volatility |
| 3Y | 25.93 | 16.10 | 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 | 0.36 | -0.32 | Above Average |
| 3Y | 0.93 | -0.45 | 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 | 1.32 | 0.19 | Above Average |
| 3Y | 1.88 | 1.14 | 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.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Regular Plan · IDCW option
|
+59.64% | +47.37% | — | +23.17% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · IDCW Option
|
+25.51% | +31.04% | — | +30.18% |
|
Kotak Healthcare Fund
Regular Plan · IDCW Option
|
+23.57% | — | — | +20.10% |
|
SBI Automotive Opportunities Fund
Direct Plan · IDCW
|
+22.37% | — | — | +11.34% |
|
Mirae Asset Healthcare Fund
Direct Plan · Growth
|
+21.28% | +24.36% | +16.89% | +22.00% |
|
ICICI Prudential US Bluechip Equity Fund
Regular Plan · IDCW
|
+20.32% | +18.33% | +12.09% | +15.77% |
|
PGIM India Healthcare Fund
Direct Plan · Direct IDCW
|
+20.03% | — | — | +11.89% |
|
Nippon India Japan Equity Fund
Regular Plan · Bonus Option
|
+18.89% | +19.86% | +8.28% | +8.45% |
|
HSBC India Export Opportunities Fund
Direct Plan · Growth
|
+18.74% | — | — | +9.24% |
|
SBI HEALTHCARE OPPORTUNITIES FUND
Regular Plan · IDCW
|
+18.71% | +23.84% | +18.25% | +12.20% |
More From HDFC Asset Management Company Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
HDFC Silver ETF
Growth Option
|
+25.77% | +36.06% | — | +34.08% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · Growth Option
|
+25.51% | +31.04% | — | +30.18% |
|
HDFC Silver ETF Fund of Fund
Direct Plan · Growth Option
|
+25.37% | +35.62% | — | +32.02% |
|
HDFC Developed World Overseas Equity Passive FOF
Direct plan · Growth
|
+18.91% | +25.41% | +15.25% | +16.26% |
|
HDFC Gold ETF
Growth Option
|
+16.82% | +30.99% | +23.25% | +12.15% |
|
HDFC Gold ETF Fund of Fund
Direct Plan · Growth Option
|
+16.53% | +30.86% | +23.07% | +10.47% |
|
HDFC INNOVATION FUND
Direct Plan · IDCW Option
|
+13.31% | — | — | +14.01% |
|
HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Direct Plan · Growth Option
|
+6.94% | — | — | +6.95% |
|
HDFC Arbitrage Fund
Direct Plan · Growth Option
|
+6.62% | +7.25% | +6.74% | +6.44% |
|
HDFC Credit Risk Fund
Direct Plan · IDCW Option
|
+6.53% | +8.11% | +7.12% | +7.95% |
About This Scheme
Investment Objective
To provide long-term capital appreciation by investing predominantly in equity and equity related securities of Defence & allied sector companies.There is no assurance that the investment objective of the Scheme will be achieved.
Stated Asset Allocation
Equity and Equity related instruments of Defence & Defence related companies/entities# : 80%- 100% Equity and equity related instruments of companies/entities other than above: 0% - 20% Units of InvITs: 0% - 10% Money market instruments, Other liquid instruments and Units of Mutual Fund^^: 0% - 20%Gold and Silver instruments: 0% - 20% #Stocks forming part of the Defence & Defence related theme include: (i) Stocks forming part of certain eligible ‘basic industries’ based on AMFI Industry classification including Aerospace & Defense, Explosives, Ship Building & Allied Services as amended from time to time; or (ii) Stocks from any other defence & allied sectors as per benchmark’s criteria; or (iii) Stocks present on SIDM (Society of Indian Defence Manufacturers) list; and which obtain at least 10% of revenue from the defence segment as mentioned above. ^^Units of Domestic Mutual Funds shall only include Overnight Funds, Liquid Funds and Money Market Mutual Funds. Further other liquid instruments shall include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by SEBI from time to time. For detailed asset allocation, refer Scheme Information Document (SID) available on the website.
Exit Load
In respect of each purchase/switch-in of units, an Exit load of 1% is payable if units are redeemed/switched-out within 1 yearfrom the date of allotment. No Exit Load is payable if units are redeemed / switched-out after 1 year from the date of allotment. In respect of Systematic Transactions such as SIP, Flex SIP,STP, Flex STP, Swing STP, Exit Load, if any, prevailing on the date of registration / enrolment shall be levied.
Fund Managers
FM 1 - Rahul Baijal , FM 2 - Priya Ranjan , FM3 - Mr.Gopal Agrawal, FM 4 - Mr. Bhagyesh Kagalkar
FM 1 - Fund Manager of the scheme, FM2 - Co-Fund manager of the scheme, FM 3 - Fund Manager for Overseas Investments, FM 4 - Fund Manager for investments in Gold/Silver instruments
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.