
HDFC Defence Fund Direct Growth is a Equity mutual fund scheme launched on 02 Jun 2023. The current NAV stands at ₹28.8550 as of 30 Oct 2026. From the funds total AUM, its top holdings include Bharat Electronics at 15.48%, Bharat Forge at 14.39%, Hindustan Aeronautics at 12.06%, Solar Industries at 11.97%, MTAR Technologies at 6.08%
Scheme Overview
- Inception Date : 02 Jun 2023
- AUM : ₹11,493.40 Cr
- 3Y Returns (CAGR) : 34.76%
- Expense Ratio : 0.89%
- Min. SIP : ₹100
- Min. Lumpsum : ₹100
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
3Y
₹ 18.95 L
3.50%
₹ 20.40 L
8.00%
₹ 31.89 L
34.76%
Total Investment
₹ 18,00,000
Returns
₹ 13,88,884 (34.76%)
Maturity Value
₹ 31,88,884
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 11,493.40 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹11,493.40 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Industrials | 49.80% | ||
| Consumer Cyclical | 21.84% | ||
| Basic Materials | 15.28% | ||
| Technology | 11.34% | ||
| Other | 1.74% |
Stock Holdings
as of 31 May 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() B Bharat Electronics | 15.48% | |
![]() B Bharat Forge | 14.39% | |
![]() H Hindustan Aeronautics | 12.06% | |
![]() S Solar Industries | 11.97% | |
![]() M MTAR Technologies | 6.08% | |
![]() A Astra Microwave Products | 5.93% | |
![]() B BEML | 5.06% | |
![]() E Eicher Motors | 4.07% | |
![]() B Bharat Dynamics | 4.03% | |
![]() P Premier Explosives | 3.31% | |
![]() M Mazagon Dock Shipbuilders | 2.91% | |
![]() C Centum Electronics | 2.53% | |
![]() C Cyient DLM | 2.38% | |
![]() B Bosch | 2.31% | |
![]() D Data Patterns | 2.20% | |
![]() T Treps - Tri-Party Repo | 1.89% | |
![]() S SEDEMAC Mechatronics | 0.88% | |
![]() A Aequs | 0.79% | |
![]() P Power Mech Projects | 0.78% | |
![]() I Ideaforge Technology | 0.28% | |
![]() J JNK India | 0.21% | |
![]() R Rishabh Instruments | 0.21% | |
![]() T Tata Motors | 0.20% | |
![]() D Diffusion Engineers | 0.19% | |
![]() N Net Current Assets | 0.15% |
Fund Comparison
Fund Details
52W High NAV
-
Min. SIP Amount
₹ 100.00
Min. Lumpsum Amount
₹ 100.00
AUM (in Cr.)
₹ 11,493.40
Expense Ratio
0.89%
Lock-in Period
No Lock in Period
52W Low NAV
-
Inception Date
02 Jun 2023
Fund Age
3 Yrs
Benchmark
Nifty India Defence Index TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load of 1%, if redeemed within 1 year.
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Gopal Agrawal | B.E & MBA. |
| Rahul Baijal | B. E. Electronics &Communication, MBA |
| Bhagyesh Kagalkar | B.E. (Production) MMS (Finance)- Mumbai University |
| Priya Ranjan | PGDBM (Finance) from Chetana's Institute of Management & Research, Mumbai, BE (Computer Science) from Magadh University |
Fund Objective
To provide long-term capital appreciation by investing predominantly in equity and equity related securities of Defence & allied sector companies There is no assurance that the investment objective of the Scheme will be realized.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
HDFC Mutual Fund
No. of Schemes
83
Total AUM
₹ 8,99,347.81 Cr
Contact Details
HDFC House, 2nd Flr, H.T.Parekh Marg,165-166, Backbay Reclamation,Churchgate, Mumbai - 400 020.
Contact Details
HDFC House, 2nd Flr, H.T.Parekh Marg,165-166, Backbay Reclamation,Churchgate, Mumbai - 400 020.
FAQs
When was HDFC Defence Fund launched?
What is the current NAV of HDFC Defence Fund?
What is the AUM of HDFC Defence Fund?
What is the rate of return of HDFC Defence Fund?
- In the past 1Y: 13.79%
- In the past 3Y: 34.76%
- In the past 5Y: 0.00%
What is the expense ratio of HDFC Defence Fund?
What is exit load of HDFC Defence Fund?
What is the portfolio of HDFC Defence Fund?
- Bharat Electronics: 15.48%
- Bharat Forge: 14.39%
- Hindustan Aeronautics: 12.06%
- Solar Industries: 11.97%
- MTAR Technologies: 6.08%
Top 3 sectoral holdings include:
- Industrials: 49.80%
- Consumer Cyclical: 21.84%
- Basic Materials: 15.28%
How risky is investing in HDFC Defence Fund?
Who is the fund manager HDFC Defence Fund?
What is the minimum investment required in HDFC Defence Fund?
How to invest in HDFC Defence Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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