Business Today
Subscribe
PMS TodayBudget 2025US NewsIndiaWeatherBT ShortsNRIEducationElection
BT GolfBT India 100BT Mindrush
Search
Advertisement
Business News
mutual funds
hdfc defence fund direct growth
HDFC Defence Fund Direct Growth

HDFC Defence Fund Direct Growth

  • Very High Risk
  • Equity
  • Equity - Other
Share
  • Whatsapp
  • Twitter
  • Facebook
NAV as on Dec 24, 2025
i
Price per unit of the scheme.
₹ 24.15300.38%1 Day Change
-0.87%
Minimum Investment₹100
Expense Ratio0.99%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
HDFC Defence Fund Direct Growth
VS
Equity: Equity - Other Average NAV
    Topper in Equity: Equity - Other
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
    Share
    • Whatsapp
    • Twitter
    • Facebook

    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    HDFC Defence Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    Nifty India Defence
    Expense Ratio
    0.99%
    Category Avg Expense Ratio
    0.92%
    Minimum Investment (Lumpsum/SIP)
    ₹ 100 /₹ 100
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 7,402.96 Cr(As on Nov, 2025)
    Inception Date
    Jun 02, 2023
    Turnover
    - %
    Exit Load
    In respect of each purchase/switch-in of units, an Exit load of 1% is payable if units are redeemed/switched-out within 1 year from the date of allotment. No Exit Load is payable if units are redeemed / switched-out after 1 year from the date of allotment.

    bt_logoABOUT THE FUND

    Objective: To provide long-term capital appreciation by investing predominantly in equity and equity related securities of Defence & allied sector companies

    HDFC Defence Fund Direct Growth is an Equity - Equity - Other fund. The fund was launched inJun 02, 2023. Its risk level is . The NAV of the fund as onDec 24, 2025 is ₹24.15. Its expense ratio is 0.99 %. The fund has an AUM of ₹7,402.96 Cr.The fund is managed byPriya Ranjan,Abhishek Poddar,Dhruv Muchhal,Rahul Baijal.
    The minimum initial investment is  ₹100 in Lumpsum mode.

    SUBSCRIBE TO
    BUSINESS TODAY MAGAZINE
    Subscribe Now
    Already a subscriber?Login

    bt_logoFUND MANAGER

    Abhishek Poddar
    Abhishek Poddar
    i
    Lead Fund Manager.
    Jun 2, 2023 - Present
    • Schemes managed1
    • Total AUM₹ 7,402.96 Cr
    • Highest Return In 1 Yr10.34 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HDFC Defence Fund Direct Growth
    --
    ₹ 24.15
    -0.87%
    -%
    Very High Risk
    ₹7,402.96Cr
    HDFC Defence Fund Direct Growth
    Very High Risk--
    • NAV₹ 24.15
    • Fund Size₹7,402.96Cr
    Fund Return-0.87%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Priya Ranjan
    Priya Ranjan
    i
    Lead Fund Manager.
    Jun 2, 2023 - Present
    • Schemes managed39
    • Total AUM₹ 7,71,054.85 Cr
    • Highest Return In 1 Yr17.59 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HDFC Retirement Savings Fund - Equity Plan - Direct Plan
    --
    ₹ 58.84
    0.06%
    -%
    Very High Risk
    ₹7,054.60Cr
    HDFC Income Fund -Direct Plan - Growth Option
    ₹ 65.25
    0.13%
    -0.04%
    Moderate Risk
    ₹887.25Cr
    HDFC Dynamic Debt Plan - Direct Plan - Growth Option
    ₹ 99.86
    0.18%
    0.05%
    Moderate Risk
    ₹757.60Cr
    HDFC Retirement Savings Fund - Equity Plan - Direct Plan
    Very High Risk--
    • NAV₹ 58.84
    • Fund Size₹7,054.60Cr
    Fund Return0.06%
    Category Return--
    HDFC Income Fund -Direct Plan - Growth Option
    Moderate Risk
    • NAV₹ 65.25
    • Fund Size₹887.25Cr
    Fund Return0.13%
    Category Return-0.04%
    HDFC Dynamic Debt Plan - Direct Plan - Growth Option
    Moderate Risk
    • NAV₹ 99.86
    • Fund Size₹757.60Cr
    Fund Return0.18%
    Category Return0.05%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Dhruv Muchhal
    Dhruv Muchhal
    i
    Lead Fund Manager.
    Jun 22, 2023 - Present
    • Schemes managed41
    • Total AUM₹ 8,37,719.43 Cr
    • Highest Return In 1 Yr17.59 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HDFC Defence Fund Direct Growth
    --
    ₹ 24.15
    -0.87%
    -%
    Very High Risk
    ₹7,402.96Cr
    HDFC Balanced Advantage Fund Direct Plan Growth Option
    ₹ 579.13
    0.48%
    0.53%
    Very High Risk
    ₹1,07,971.20Cr
    HDFC Credit Risk Debt Fund Direct Plan Growth Option
    ₹ 26.89
    0.21%
    0.16%
    Moderately High risk
    ₹7,012.56Cr
    HDFC Defence Fund Direct Growth
    Very High Risk--
    • NAV₹ 24.15
    • Fund Size₹7,402.96Cr
    Fund Return-0.87%
    Category Return--
    HDFC Balanced Advantage Fund Direct Plan Growth Option
    Very High Risk
    • NAV₹ 579.13
    • Fund Size₹1,07,971.20Cr
    Fund Return0.48%
    Category Return0.53%
    HDFC Credit Risk Debt Fund Direct Plan Growth Option
    Moderately High risk
    • NAV₹ 26.89
    • Fund Size₹7,012.56Cr
    Fund Return0.21%
    Category Return0.16%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Rahul Baijal
    Rahul Baijal
    i
    Lead Fund Manager.
    Apr 18, 2025 - Present
    • Schemes managed4
    • Total AUM₹ 51,526.51 Cr
    • Highest Return In 1 Yr10.34 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HDFC Business Cycle Fund Direct Growth
    --
    ₹ 15.27
    -0.25%
    -%
    Very High Risk
    ₹2,927.70Cr
    HDFC MNC Fund Direct Growth
    --
    ₹ 13.97
    1.44%
    -%
    Very High Risk
    ₹578.31Cr
    HDFC Top 100 Fund -Direct Plan - Growth Option
    ₹ 1,276.95
    0.81%
    0.78%
    Very High Risk
    ₹40,617.55Cr
    HDFC Business Cycle Fund Direct Growth
    Very High Risk--
    • NAV₹ 15.27
    • Fund Size₹2,927.70Cr
    Fund Return-0.25%
    Category Return--
    HDFC MNC Fund Direct Growth
    Very High Risk--
    • NAV₹ 13.97
    • Fund Size₹578.31Cr
    Fund Return1.44%
    Category Return--
    HDFC Top 100 Fund -Direct Plan - Growth Option
    Very High Risk
    • NAV₹ 1,276.95
    • Fund Size₹40,617.55Cr
    Fund Return0.81%
    Category Return0.78%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Nov, 2025
    EQUITY (98.32%)
    DEBT (-%)
    CASH (1.68%)
    Allocation by Market Cap
    Large Cap(48.82%)
    Mid Cap(19.26%)
    Small Cap(30.24%)
    Industry Holdings
    • Aerospace Defense42.83%
    • Specialty Chemicals14.56%
    • Auto Parts13.12%
    • Conglomerates7.16%
    • Electronic Components6.13%
    • Diversified Industrials5.76%
    Stock Holdings
    • Bharat Electronics Ltd18.82%
    • Hindustan Aeronautics Ltd Ordinary Shares13.81%
    • Bharat Forge Ltd12.90%
    • Solar Industries India Ltd11.03%
    • BEML Ltd7.04%
    • Bharat Dynamics Ltd Ordinary Shares5.52%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
      ----
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
      ----
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
      ----
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
      ----
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      --
      This Fund
      VS
      --
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      --
      This Fund
      VS
      --
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      --
      This Fund
      VS
      --
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      --
      This Fund
      VS
      --
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      --
      This Fund
      VS
      --
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      --
      This Fund
      VS
      --
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    HDFC Asset Management Co Ltd
    HDFC Asset Management Co Ltd manages assets worth ₹ 9,63,892.58 crores. It’s current offering of mutual fund schemes includes 41 equity, 33 debt and 12 hybrid schemes.
    phone icon
    Phone
    +91 22 66316333
    mail icon
    Email
    cliser@hdfcfund.com
    aum
    AUM
    ₹ 9,63,892.58 Cr (
    As on Nov 30, 2025
    )
    location
    Address
    “HUL House”, 2nd Floor, Mumbai,400 020

    bt_logoFAQ's

    What is the category of HDFC Defence Fund Direct Growth ?
    The category of HDFC Defence Fund Direct Growth is Equity - Equity - Other
    What is the current NAV of HDFC Defence Fund Direct Growth ?
    The current NAV of HDFC Defence Fund Direct Growth as on Dec 24, 2025 is ₹24.15
    How safe is HDFC Defence Fund Direct Growth ?
    The risk level of HDFC Defence Fund Direct Growth is Very High.
    What are short term returns given by HDFC Defence Fund Direct Growth ?
    The return given by HDFC Defence Fund Direct Growth in 1 month is -0.87%, 3 months is -3.37%, 6 months is -7.33%, and 1 year is 10.34%
    What are the long term returns given by HDFC Defence Fund Direct Growth ?
    The return given by HDFC Defence Fund Direct Growth in 3 years is -- and 5 years is --.
    What is the expense ratio of HDFC Defence Fund Direct Growth ?
    The expense ratio of HDFC Defence Fund Direct Growth is 0.99%
    What is the AUM of HDFC Defence Fund Direct Growth ?
    The assets under Management (AUM) of HDFC Defence Fund Direct Growth is Rs 7,402.96 crores.
    What is the minimum investment in HDFC Defence Fund Direct Growth ?
    The minimum Lumpsum investment in HDFC Defence Fund Direct Growth is ₹100.00 and the minimum SIP investment in HDFC Defence Fund Direct Growth is ₹100.00
    What is the asset allocation of HDFC Defence Fund Direct Growth?
    HDFC Defence Fund Direct Growth has an exposure of 98.32% in Equity and 1.68% in Cash & Money Market Securities

    bt_logoCALCULATORS

    calculatorIncome Tax Calculatorsip calculatorSIP Calculatorfd calculatorFD Calculatordividend yield calculatorDividend Yield Calculatorlump sum calculatorLump-Sum Calculatorcagr calculator CAGR Calculatortop up sip calculatorTop-Up Calculatorlatter factor calculatorLatte Factor Calculator

    bt_logoTop Stories