Groww Nifty India Defence ETF FoF Fund

Groww Nifty India Defence ETF FoF Fund

Equity

Groww Mutual Fund

Equity - Other

Get the latest NAV of Groww Nifty India Defence ETF FoF Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹13.16

▼-1.1%1D

NAV as on 30 Apr 2026

19.32%/per year

Since Inception

Absolute Gain%

▲▼

2644 people have invested ₹ 92.5L in Groww Nifty India Defence ETF FoF Fund in the last three months

Groww Nifty India Defence ETF FoF Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (30-Apr-26)

The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
23.85%
8.93%
10.09%
24.46%
--
--
Nifty 500
8.35%
0.32%
-4.33%
2.97%
14.23%
12.9%
Equity - Other Avg
--
--
--
--
--
--
Best in Equity - Other
8.87%
--
--
--
--
--
Worst in Equity - Other
8.87%
--
--
--
--
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Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Groww Nifty India Defence ETF FoF Fund
-
92Cr
0.24%
24.46%
-
--
--
--
--
--
ICICI Prudential India Opportunities Fund
1/48
32,925Cr
0.67%
4.41%
22.08%
7.12
0.82
1.10
1.76
1.35
ICICI Prudential Business Cycle Fund
2/48
14,359Cr
0.75%
6.62%
21.42%
6.03
0.90
0.98
1.55
1.39
Nippon India Quant Fund
3/48
100Cr
0.53%
4.86%
18.6%
3.88
0.98
0.79
1.22
1.23
See all

Groww Nifty India Defence ETF FoF Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

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Profit

Total Corpus

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Groww Nifty India Defence ETF FoF Fund Asset Allocation

See fund asset allocation details as on (13-Apr-26)

Fund Distribution

as on (13-Apr-26)

Large cap
56.5%
Mid cap
23.6%
Small cap
19.5%
Mid Cap allocation has gone down from 25.7% to 23.6%
Mid Cap allocation has gone down from 25.7% to 23.6%
Large Cap allocation has gone up from 55.3% to 56.5%
Large Cap allocation has gone up from 55.3% to 56.5%
Small Cap allocation has gone up from 18.9% to 19.5%
Small Cap allocation has gone up from 18.9% to 19.5%
Cash allocation has gone up from -0.1% to 0.3%
Cash allocation has gone up from -0.1% to 0.3%

Groww Nifty India Defence ETF FoF Fund Sector Allocation

See fund sector allocation details as on (13-Apr-26)

Sector Allocation

Industrial
78.7%
Basic Materials
15.7%
Tech
4.5%
Consumer Cyclical
1.1%

Top 3 Sectors in March were Industrial, Consumer Cyclical & Basic Materials

Mar'26

Industrial

66%

Consumer Cyclical

19%

Basic Materials

12%

Feb'26

Industrial

71%

Consumer Cyclical

14%

Basic Materials

12%

Groww Nifty India Defence ETF FoF Fund Holdings Details

as on (30-Apr-26)

Holdings
Weight%
1M Change
Groww Nifty India Defence ETF
99.82%
6.1%

Groww Nifty India Defence ETF FoF Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.24%
Benchmark
Nifty India Defence
AUM₹92 Cr
Inception Date11 October, 2024
Min Lumpsum/SIP₹500/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
3.87%
Risk
Risk meter
pointer
Very High Risk

About Groww Nifty India Defence ETF FoF Fund

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

Key Parameters

  1. Groww Nifty India Defence ETF FoF Fund has ₹92 Cr worth of assets under management (AUM) as on Apr 2026 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

Groww Nifty India Defence ETF FoF Fund has given a CAGR return of 19.32% since inception. Over the last 1 year the fund has given a CAGR return of 24.46%.

Holdings

Groww Nifty India Defence ETF FoF Fund has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Basic Materials, Tech. 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

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 has no lock in period.

Fund Manager

Shashi Kumar

Fund Manager of Groww Nifty India Defence ETF FoF Fund, since 16 May 2025

Nikhil Satam

Fund Manager of Groww Nifty India Defence ETF FoF Fund, since 21 February 2025

Aakash Chauhan

Fund Manager of Groww Nifty India Defence ETF FoF Fund, since 14 April 2025

Learn more about Groww Mutual Fund
Parameters
Mar'26
Feb'26
Jan'26
AUM
₹ 92.5 Cr
₹ 97.9 Cr
₹ 93.4 Cr
  • AUM of the fund stands at 92.5 Cr as of Mar'26
  • AUM decreased by 5.4 Cr between Mar'26 and Feb'26

Frequently Asked Questions for Groww Nifty India Defence ETF FoF Fund

How do I invest in Groww Nifty India Defence ETF FoF Fund?

INDmoney makes it simple to invest in the Groww Nifty India Defence ETF FoF Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Groww Nifty India Defence ETF FoF Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Groww Nifty India Defence ETF FoF Fund?

The NAV of the fund today is ₹13.16. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Groww Nifty India Defence ETF FoF Fund fund has generated a return of 24.46% in 1 year

Who is the fund manager of Groww Nifty India Defence ETF FoF Fund?

The fund managers are Shashi Kumar, Nikhil Satam, Aakash Chauhan.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-30 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.24%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹92 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Groww Nifty India Defence ETF FoF Fund?

The top 3 holdings of the fund are Groww Nifty India Defence ETF(99.82%)