Groww Nifty India Defence ETF FoF
The scheme seeks to generate long term capital gains by investing in units of the Groww Nifty India Defence ETF.
Growthvine rating: 2/5 — ranked #103 of 186 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹12.78 (as of 2026-10-22) |
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| AUM | ₹157 Cr |
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| Expense ratio | 0.40% |
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| Riskometer | Very High |
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| Fund manager | Aakash Ashokkumar Chauhan |
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| Exit load | 1% for redemption within 30 days |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | −27.04% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 252.7% of Nifty 500's upside and 135.7% of its downside.
Market cap allocation
| Large cap | 51.5% |
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| Mid cap | 22.9% |
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| Small cap | 25.5% |
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Concentration
| Top 5 holdings | 100.0% |
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| Top 10 holdings | 100.0% |
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| Total holdings | 1 |
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Top holdings
- Groww Nifty India Defence ETF — 100.0%
- Net Receivable/Payable — −0.0%
Top sectors
- Equity MF — 100.0%
- Cash — −0.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 12.7% | Q1 (Top) | #2 of 167 |
| 2025 | 17.9% | Q1 (Top) | #7 of 132 |