Groww Nifty India Defence ETF FoF Fund Direct Growth

Groww Nifty India Defence ETF FoF Fund Direct Growth

Equity

Equity - Other

NAV as on 29-04-2025

₹ 10.77

▲4.3%

1D

Inception Returns

2.5%

/yr

Historical NAV & Returns

Absolute
▲
▼

zero opening, trading, fund transfer fee
1035 people have invested ₹ 16.6L in Groww Nifty India Defence ETF FoF Fund Direct Growth in the last three months

About Groww Nifty India Defence ETF FoF Fund Direct Growth

Groww Nifty India Defence ETF FoF Fund Direct Growth is an equity fund. This fund was started on 11 October, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Groww Nifty India Defence ETF FoF Fund Direct Growth has ₹34 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

Groww Nifty India Defence ETF FoF Fund Direct Growth has given a CAGR return of 2.47% since inception.

Holdings

Groww Nifty India Defence ETF FoF Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Tech, Consumer Cyclical. Its top holdings are Groww Nifty India Defence ETF

Taxation

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Groww Nifty India Defence ETF FoF Fund Direct Growth

The investment objective of the Scheme is to generate long term capital gains by investing in units of the Groww Nifty India Defence ETF. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Groww Nifty India Defence ETF FoF Fund Direct Growth has no lock in period.

Groww Nifty India Defence ETF FoF Fund Direct Growth Overview

Expense ratio0.21%
Benchmark
Nifty India Defence
AUM₹34 Cr
Inception Date11 October, 2024
Min Lumpsum/SIP₹500/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (29-Apr-25)

Period
Groww Nifty India Defence ETF FoF Fund Direct Growth
Nifty 500
equity - other
1M
8.6%
4.5%
-
3M
19%
3.2%
-
6M
13.6%
-2.6%
-

Fund Distribution

as on (31-Dec-69)

  • Equity 99.6%

  • Debt & Cash 0.4%

Large cap
40.3%
Mid cap
37.4%
Small cap
22.1%
Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Sep'24

Industrial
77.2%
Basic Materials
16.6%
Tech
4.3%
Consumer Cyclical
1.9%
All changes are between Jan'25 and Mar'25
Mar'25
Feb'25
Jan'25
Fund Returns
22.62%
-18.73%
-1.66%
Nifty 500
7.25%
-7.88%
-4.01%
  • This fund’s returns stands at 22.62% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
  • This fund outperformed Nifty 500 by 15.37% in Mar'25
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 34.1 Cr
₹ 26.5 Cr
₹ 30 Cr
  • AUM of the fund stands at 34.1 Cr as of Mar'25
  • AUM increased by 7.7 Cr between Mar'25 and Feb'25
Large Cap allocation has gone up from 40.1% to 40.3%
Large Cap allocation has gone up from 40.1% to 40.3%
Small Cap allocation has gone up from 20% to 22.1%
Small Cap allocation has gone up from 20% to 22.1%
Mid Cap allocation has gone down from 39.8% to 37.4%
Mid Cap allocation has gone down from 39.8% to 37.4%
Cash allocation has gone up from -0.1% to 0.4%
Cash allocation has gone up from -0.1% to 0.4%

Top 3 Sectors in March were Industrial, Basic Materials & Tech

Mar'25
Industrial
77%
Basic Materials
17%
Tech
4%
Feb'25
Industrial
78%
Basic Materials
16%
Tech
4%

  • Equity

Holdings
Weight%
1M Change
Groww Nifty India Defence ETF
Groww Nifty India Defence ETF
99.82%
4.9%

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Groww Nifty India Defence ETF FoF Fund Direct Growth
Groww Nifty India Defence ETF FoF Fund Direct Growth
-
-
-
2.47%
Sundaram Services Direct Growth
Sundaram Services Direct Growth
17.91%
19%
29.6%
21.5%
ICICI Prudential India Opportunities Fund Direct Growth
ICICI Prudential India Opportunities Fund Direct Growth
15.43%
24.31%
35.97%
23.21%
ICICI Prudential Business Cycle Fund Direct Growth
ICICI Prudential Business Cycle Fund Direct Growth
11.51%
22.27%
-
23.18%
See all
Loading...
We are taking more time than usual
Fund House
Groww Asset Management Ltd.
Total Schemes
25
See all Groww schemes
Total AUM
₹1.83K Cr
as on 31-Mar-2025
Address
Floor 12 A, Tower 2 A, One World Centre,,Jupiter Mills Compound Senapati Bapat Marg,Mumbai,Maharashtra
Phone
8050180222
Website
support@growwmf.in

Groww Nifty India Defence ETF FoF Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered returns of 2.47% since inception (11th October 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 99.64% in Equity, 0% in Debt and 0.36% in Cash related instruments
AUM size ₹34 Cr

AUM size ₹34 Cr

This fund has AUM of ₹34 Cr which is less than its category average of ₹ 2034 Cr
Expense Ratio 0.21%

Expense Ratio 0.21%

This fund has an expense ratio of 0.21% which is less than its category average expense ratio of 1.31%

More funds from Groww

Frequently Asked Questions for Groww Nifty India Defence ETF FoF Fund Direct Growth

The current NAV of Groww Nifty India Defence ETF FoF Fund Direct Growth is ₹10.77 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
Groww Nifty India Defence ETF FoF Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.62%
8.62%
6 Month Returns
13.56%
13.56%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.21% as on March 2025
₹34 Cr as on March 2025
Industrial(76.91%), Basic Materials(16.5%), Tech(4.33%) as on March 2025
The alpha ratio for the Groww Nifty India Defence ETF FoF Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Groww Nifty India Defence ETF FoF Fund Direct Growth
-
-
-
As on March 2025
The alpha for Groww Nifty India Defence ETF FoF Fund Direct Growth is calculated against Nifty India Defence. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Groww Nifty India Defence ETF FoF Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Groww Nifty India Defence ETF FoF Fund Direct Growth
-
-
-
As on March 2025
The Beta for Groww Nifty India Defence ETF FoF Fund Direct Growth is calculated with Nifty India Defence. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Groww Nifty India Defence ETF FoF Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Groww Nifty India Defence ETF FoF Fund Direct Growth
-
-
-
As on March 2025
The sharpe ratio for Groww Nifty India Defence ETF FoF Fund Direct Growth is calculated with Nifty India Defence. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Groww Nifty India Defence ETF FoF Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Groww Nifty India Defence ETF FoF Fund Direct Growth
-
-
-
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
The Exit load of Groww Nifty India Defence ETF FoF Fund Direct Growth is 1%