Groww Nifty India Defence ETF FoF Direct-Growth

NAV as of May 09, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹10.5187+3.29% 1 day change	4.63%	#NA View Ranked Funds	N.A.

Historical NAV & returns

NAV: ₹10.5187 as on May 09, 2025

This fund Category average

Groww Nifty India Defence ETF FoF overview

VRO rating	N.A.
Expense ratio	0.21% as on Mar 31, 2025
Exit load	1.0% Exit load of 1%, if redeemed within 30 days.!
AUM (Fund size)	₹34 Crs
Lock-in	No Lockin
Age	7 m since Sep 23, 2024
Benchmark	Nifty India Defence TRI
Min. investment	This scheme is currently not buyable
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Groww Nifty India Defence ETF FoF Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Asset allocationas on Mar 31, 2025

Large Cap 40.321555999999994%

Mid Cap 37.43502399999999%

Small Cap 22.123419999999996%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Mutual Fund 99.81724451%

Net Receivables 0.18275548%

Other Holdings

Groww Nifty India Defence ETF-Growth 99.82%

Others 0.18%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Groww Nifty India Defence ETF FoF	N.A.	₹34 Crs	7 m	0.21%
ICICI Prudential BHARAT 22 FOF	N.A.	₹2,271 Crs	6 yrs 10 m	0.12%
ICICI Prudential India Equity FOF	N.A.	₹158 Crs	5 yrs 3 m	0.61%
ICICI Prudential Thematic Advantage Fund (FOF)	N.A.	₹2,982 Crs	12 yrs 4 m	0.3%
ICICI Prudential Passive Strategy Fund (FOF)	N.A.	₹191 Crs	12 yrs 4 m	0.15%
Quantum Equity FoF	N.A.	₹120 Crs	15 yrs 10 m	0.51%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Groww Nifty India Defence ETF FoF	13.53%	12.18%	N.A.	N.A.	N.A.	N.A.
ICICI Prudential BHARAT 22 FOF	2.19%	-8.24%	0.37%	29.48%	35.51%	11.95%
ICICI Prudential India Equity FOF	4.37%	-1.5%	11.71%	22.84%	30.98%	11.79%
ICICI Prudential Thematic Advantage Fund (FOF)	4.54%	1.01%	19.64%	22.05%	30.4%	16.28%
ICICI Prudential Passive Strategy Fund (FOF)	3.95%	-0.25%	11.94%	19.83%	25.52%	13.07%
Quantum Equity FoF	4.23%	-2.9%	9.72%	17.84%	22.48%	12.57%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Groww Nifty India Defence ETF FoF	N.A.	N.A.	N.A.	N.A.
ICICI Prudential BHARAT 22 FOF	17.9	1.09	1.16	1.95
ICICI Prudential India Equity FOF	12.72	0.83	1.09	1.9
ICICI Prudential Thematic Advantage Fund (FOF)	11.29	0.73	1.18	2.34
ICICI Prudential Passive Strategy Fund (FOF)	12.8	0.84	0.91	1.65
Quantum Equity FoF	13.43	0.9	0.7	1.14

View all Equity Fof funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Groww Nifty India Defence ETF FoF in detail with

About this fund

About Groww Nifty India Defence ETF FoF

Groww Nifty India Defence ETF FoF Direct-Growth is a Equity FoF mutual fund scheme from Groww Mutual Fund. This fund has been in existence for 7 m, having been launched on 23/09/2024. Groww Nifty India Defence ETF FoF Direct-Growth has ₹34 Crores worth of assets under management (AUM) as on 31/03/2025 and is small fund of its category. The latest Net Asset Value (NAV) of Groww Nifty India Defence ETF FoF Direct-Growth as of 09/05/2025 is ₹10.52. The fund has an expense ratio of 0.21%, which is close to what most other Equity Fof funds charge.

The fund has the majority of its money invested in Unclassified sectors. It has taken less exposure in Unclassified sectors compared to other funds in the category.
The fund's top 5 holdings are in Groww Nifty India Defence ETF-Growth.

...

Fund AUM

₹34 Crs as on Mar 31, 2025

Fund managers

Nikhil Satam

B. com, Masters in Finance. Prior to joining Groww MF he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd).

Aakash Ashokkumar Chauhan

MBA in Finance Prior to Joining Groww AMC, he was associated with Trust Mutual Fund, Mirae Asset Capital Markets (India) Pvt Ltd. & BP Wealth Pvt Ltd.

Investment objective

The scheme seeks to generate long term capital gains by investing in units of the Groww Nifty India Defence ETF.

Groww Mutual Fund details

No. of schemes	0 view all schemes
Total AUM	₹1,715 Crs as on Mar 31, 2025
Address	505 ? 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel, Maharashtra Mumbai, 400013
Email	Customer Support Email id: support@growwmf.in
Phone	8050180222

Frequently asked questions

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

The current Net Asset Value (NAV) of the Groww Nifty India Defence ETF FoF - Direct Growth plan is approximately ₹10.5187 as of May 09, 2025.

How much does this mutual fund charge as expense ratio?

The Groww Nifty India Defence ETF FoF - Direct Growth has an expense ratio of 0.21%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Groww Nifty India Defence ETF FoF currently has assets under management (AUM) or fund size valued at approximately ₹34 Crs crore as of Mar 31, 2025.

What is risk level of Groww Nifty India Defence ETF FoF?

This is a Equity Fof fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

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

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Groww Nifty India Defence ETF FoF and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Groww Nifty India Defence ETF FoF is complete.

How can I redeem my investments in Groww Nifty India Defence ETF FoF?

Redeeming your investments in Groww Nifty India Defence ETF FoF is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Groww Nifty India Defence ETF FoF from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Equity FoF

#NA

AUM Growth: This fund has the highest AUM growth in the last 12 months in Equity FoF category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1%, if redeemed within 30 days.