Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Groww Nifty India Defence ETF FOF - Direct - IDCW
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 89/100 · Excellent
How this score is calculated
- Star rating (35%)5/5
- 3Y CAGR (30%)—
- Expense ratio (20%)0.14%
- AUM (15%)₹157 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Groww Mutual Fund · Equity · Thematic
₹13.89
AUM: ₹157 Cr
NAV updated 6 days ago
Plan
Direct
Option
Idcw
Risk
Very High
Expense Ratio
0.14%
Exit Load
Exit load of 1%, if redeemed within 30 days.
Fund Manager
Abhishek Jain
Inception
Oct 2024
Benchmark
Nifty India Defence Total Return Index
Sharpe Ratio
0.93
Std Dev (1Y)
24.64%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-4.16%
3m
-2.87%
6m
+21.56%
1y
+12.72%
3y
—
5y
—
10y
—
since inception
+21.87%
TopFund's Take on Groww Nifty India Defence ETF FOF - Direct - IDCW
Groww Nifty India Defence ETF FOF - Direct - IDCW ranks among the stronger performers in the Thematic category, backed by a 5-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 89/100.
Cost: At 0.14%, the expense ratio is meaningfully cheaper — about 86% below the Thematic category average of 0.99% (based on 876 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a moderate Sharpe ratio of 0.93 — decent risk-adjusted performance, without being exceptional. Separately, with 24.64% annualised volatility, this is among the more turbulent funds in the Thematic space — expect sharp swings in both directions.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
Similar Funds
Aditya Birla Sun Life Nifty India Defence Index Fund-Direct Growth
Aditya Birla Sun Life Mutual Fund
Nippon India Nifty Auto Index Fund - Direct Plan- Growth Option
Nippon India Mutual Fund
TATA India Consumer Fund Direct Plan - Payout of Income Distribution cum capital withdrawal option
Tata Mutual Fund
ICICI Prudential BHARAT 22 FOF - Direct Plan Cumulative Option
ICICI Prudential Mutual Fund
Groww Nifty India Defence ETF
Groww Mutual Fund
TATA India Consumer Fund Direct Plan - Reinvestment of Income Distribution cum capital withdrawal option
Tata Mutual Fund
Tools & Guides for This Fund
Frequently Asked Questions about Groww Nifty India Defence ETF FOF - Direct - IDCW
The current NAV (Net Asset Value) of Groww Nifty India Defence ETF FOF - Direct - IDCW is ₹13.89. NAV is updated every business day after market close by AMFI.
1Y: 12.72%
The expense ratio of Groww Nifty India Defence ETF FOF - Direct - IDCW is 0.14% per annum. This is the annual fee charged by the fund to manage your investment.
Groww Nifty India Defence ETF FOF - Direct - IDCW is managed by Abhishek Jain at Groww Mutual Fund.
Groww Nifty India Defence ETF FOF - Direct - IDCW is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Groww Nifty India Defence ETF FOF - Direct - IDCW is a Thematic fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Groww Nifty India Defence ETF FOF - Direct - IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Groww Nifty India Defence ETF FOF - Direct - IDCW is ₹157 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
Discussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.