IndexDirect and Regular plans, Growth option
Data as on 30-10-2026
Axis Nifty India Defence Index Fund is a mutual fund run by Axis Mutual Fund. On 30-09-2026, it managed ₹368 Cr of investors' money.
NAV on 30-10-2026: Direct Plan Growth ₹9.65 (down 2.01% that day); Regular Plan Growth ₹9.61 (down 2.01% that day).
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Period | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| This fund (Direct) | −6.25% | −5.28% | -- | -- | -- | -- | -- |
| This fund (Regular) | −6.31% | −5.47% | -- | -- | -- | -- | -- |
| Nifty India Defence TRI | −6.17% | −5.16% | −2.83% | +8.66% | +40.93% | -- | -- |
| Category average | -- | -- | -- | -- | -- | -- | -- |
| Best in category | -- | -- | -- | -- | -- | -- | -- |
| Worst in category | -- | -- | -- | -- | -- | -- | -- |
| Rank in category | -- | -- | -- | -- | -- | -- | -- |
No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds.
What each plan charges a year, in force from 22-10-2026
| Plan | Base expense ratio | Brokerage | Transaction costs | Levies and GST | Total expense ratio |
|---|---|---|---|---|---|
| Direct | 0.20% | 0.08% | 0.00% | 0.37% | 0.65% |
| Regular | 0.90% | 0.08% | 0.00% | 0.47% | 1.45% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.
Asset allocation as on 30-09-2026
99.1%Equity
| Asset | Fund |
|---|---|
| Equity | 99.1% |
| Cash and others | 0.9% |
| Market cap | Fund |
|---|---|
| Large Cap | 51.7% |
| Mid Cap | 23.0% |
| Small Cap | 24.4% |
Share of the whole fund. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Sector allocation of the fund's stocks as on 30-09-2026
Aerospace & Defense59.2%
Auto Components13.3%
Chemicals & Petrochemicals11.9%
Industrial Manufacturing8.5%
Electrical Equipment4.2%
Agricultural, Commercial & Construction Vehicles1.9%
| Sector | July 2026 | August 2026 | September 2026 | Change |
|---|---|---|---|---|
| Aerospace & Defense | 59.6% | 59.6% | 59.2% | −0.4% |
| Auto Components | 15.2% | 13.9% | 13.3% | −1.9% |
| Chemicals & Petrochemicals | 11.6% | 12.2% | 11.9% | +0.3% |
| Industrial Manufacturing | 8.8% | 9.0% | 8.5% | −0.3% |
| Electrical Equipment | 3.2% | 3.8% | 4.2% | +1.0% |
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
As on 30-09-2026 · 22 holdings · from the fund house's monthly portfolio
| Holdings | Sector | Weight% | Holdings trend | 1M change |
|---|---|---|---|---|
| Bharat Electronics Limited | Aerospace & Defense | 20.01% | +16.0% | |
| Hindustan Aeronautics Limited | Aerospace & Defense | 19.72% | +0.5% | |
| Bharat Forge Limited | Auto Components | 13.31% | +11.2% | |
| Solar Industries India Limited | Chemicals & Petrochemicals | 11.93% | +6.2% | |
| MTAR Technologies Limited | Electrical Equipment | 4.21% | +7.5% | |
| Mazagon Dock Shipbuilders Limited | Industrial Manufacturing | 3.99% | +6.2% | |
| Astra Microwave Products Limited | Aerospace & Defense | 3.44% | +6.2% | |
| Data Patterns (India) Limited | Aerospace & Defense | 3.24% | +7.0% | |
| Cochin Shipyard Limited | Industrial Manufacturing | 3.16% | +21.4% | |
| Bharat Dynamics Limited | Aerospace & Defense | 2.54% | +6.2% | |
| BEML Limited | Agricultural, Commercial & Construction Vehicles | 1.89% | +6.2% | |
| Zen Technologies Limited | Aerospace & Defense | 1.84% | +6.2% | |
| Apollo Micro Systems Limited | Aerospace & Defense | 1.64% | +7.6% | |
| Garden Reach Shipbuilders & Engineers Limited | Aerospace & Defense | 1.59% | +6.2% | |
| Dynamatic Technologies Limited | Industrial Manufacturing | 1.33% | +6.3% | |
| Paras Defence and Space Technologies Limited | Aerospace & Defense | 1.16% | +6.2% | |
| Aequs Limited | Aerospace & Defense | 1.15% | +52.5% | |
| AXISCADES Technologies Limited | Aerospace & Defense | 0.99% | +6.3% | |
| Centum Electronics Limited | Aerospace & Defense | 0.93% | New | |
| Mishra Dhatu Nigam Limited | Aerospace & Defense | 0.53% | +6.2% | |
| Unimech Aerospace and Manufacturing Limited | Aerospace & Defense | 0.38% | New | |
| Sigma Advanced Systems Limited | Aerospace & Defense | 0.08% | New |
All changes are between August 2026 and September 2026
| Hindustan Aeronautics Limited | Added | +0.5% | 19.72% |
|---|---|---|---|
| Bharat Electronics Limited | Added | +16.0% | 20.01% |
| Bharat Forge Limited | Added | +11.2% | 13.31% |
| Solar Industries India Limited | Added | +6.2% | 11.93% |
| Mazagon Dock Shipbuilders Limited | Added | +6.2% | 3.99% |
| MTAR Technologies Limited | Added | +7.5% | 4.21% |
| Astra Microwave Products Limited | Added | +6.2% | 3.44% |
| Data Patterns (India) Limited | Added | +7.0% | 3.24% |
| Cochin Shipyard Limited | Added | +21.4% | 3.16% |
| Bharat Dynamics Limited | Added | +6.2% | 2.54% |
| Zen Technologies Limited | Added | +6.2% | 1.84% |
| BEML Limited | Added | +6.2% | 1.89% |
| Garden Reach Shipbuilders & Engineers Limited | Added | +6.2% | 1.59% |
| Apollo Micro Systems Limited | Added | +7.6% | 1.64% |
| Dynamatic Technologies Limited | Added | +6.3% | 1.33% |
| Paras Defence and Space Technologies Limited | Added | +6.2% | 1.16% |
| Aequs Limited | Added | +52.5% | 1.15% |
| AXISCADES Technologies Limited | Added | +6.3% | 0.99% |
| Centum Electronics Limited | New | New | 0.93% |
| Mishra Dhatu Nigam Limited | Added | +6.2% | 0.53% |
| Unimech Aerospace and Manufacturing Limited | New | New | 0.38% |
| Sigma Advanced Systems Limited | New | New | 0.08% |
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Funds with the most similar portfolios, across every fund house and category
| Fund | Overlap | Holdings in common | |
|---|---|---|---|
| Motilal Oswal Nifty India Defence Index FundIndex · Motilal Oswal | 98.9% | 22 | Compare |
| Motilal Oswal Nifty India Defence ETFETF · Motilal Oswal | 98.8% | 22 | Compare |
| Groww Nifty India Defence ETFETF · Groww | 98.8% | 22 | Compare |
| Aditya Birla Sun Life Nifty India Defence Index FundIndex · Aditya Birla Sun Life | 98.7% | 22 | Compare |
| Mirae Asset BSE India Defence ETFETF · Mirae Asset | 72.7% | 20 | Compare |
| HDFC Defence FundThematic · HDFC | 69.3% | 13 | Compare |
| CPSE ETFETF · Nippon India | 21.9% | 2 | Compare |
| Invesco India PSU Equity FundThematic · Invesco | 20.1% | 5 | Compare |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Fund facts from the scheme summary document, as on 16-10-2026
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
| Plan | Option | NAV | As on |
|---|---|---|---|
| direct | Growth | ₹9.6469 | 30-10-2026 |
| regular | Growth | ₹9.6076 | 30-10-2026 |
Axis Nifty India Defence Index Fund is a mutual fund from Axis Mutual Fund. Its category is Index. It was launched on 29-04-2026. Its benchmark is Nifty India Defence TRI. At the end of September 2026 it held 22 securities.
Nandik Malik
Fund manager of Axis Nifty India Defence Index Fund
Rohit Gautam
Fund manager of Axis Nifty India Defence Index Fund
See all funds of Axis Mutual Fund
AUM moves with money invested or taken out, and with the value of what the fund holds.
Returns, risk, costs and the stocks they share, side by side
The Direct plan NAV is ₹9.6469. The Regular plan NAV is ₹9.6076, as on 30-10-2026.
The Direct plan charges 0.65% a year. The Regular plan charges 1.45% a year. This is the figure the fund house reported to AMFI, in force from 22-10-2026.
Axis Nifty India Defence Index Fund managed ₹367.59 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
At the end of September 2026 the largest holdings were BEL (20.01%), HAL (19.72%), BHARATFORG (13.31%), SOLARINDS (11.93%), MTARTECH-BE (4.21%). The fund held 22 securities in all.
It bought 3 new stocks: Unimech Aerospace and Manufacturing Limited, Centum Electronics Limited, Sigma Advanced Systems Limited. It added shares in 19.
Through Axis Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.
Nandik Malik, Rohit Gautam.
Exit load of 0.25%, if redeemed within 15 days.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
Track Axis Nifty India Defence Index Fund in WealthGamma
Add this fund once. WealthGamma updates its value every day and shows it next to your stocks, gold, deposits and loans.
PAN not required · No broker linking · No OTPs