Groww Nifty India Defence ETF FOF

Fund of FundsDirect and Regular plans, Growth option

Data as on 30-10-2026

Groww Nifty India Defence ETF FOF is a mutual fund run by Groww Mutual Fund. On 30-09-2026, it managed ₹157 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned 7.6% and its Regular plan returned 7.2%. Its benchmark, Nifty India Defence TRI, returned 8.7% over the same year.

NAV (Direct plan): ₹12.78; ▼ 1.76%30-10-2026
NAV (Regular plan): ₹12.68; ▼ 1.76%30-10-2026
Expense ratio: 0.14%Direct0.48%Regular; 0.14%; A year
Riskometer: Very High; Set by the fund house
1 year return: 7.6%Direct7.2%Regular; 7.6%; Total

Groww Nifty India Defence ETF FOF NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹12.78 (down 1.76% that day); Regular Plan Growth ₹12.68 (down 1.76% that day).

This fund (Direct plan)

₹12.7781

Groww Nifty India Defence ETF FOF Returns vs Nifty India Defence TRI

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−6.24%	−5.06%	−2.91%	+7.59%	--	--	--
This fund (Regular)	−6.26%	−5.14%	−3.08%	+7.19%	--	--	--
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.

Groww Nifty India Defence ETF FOF Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty India Defence TRI
2026to date	+12.09%	+11.75%	+12.90%
2025	+18.43%	+17.93%	+19.98%

Groww Nifty India Defence ETF FOF Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 1-year holding period, plotted on the day it ended. There are 255 periods, one for each trading day from 15-10-2025 to 30-10-2026.

−20%0%20%40%60%80%

Nov 2024
to
Nov 2025Jan 2025
to
Jan 2026Mar 2025
to
Mar 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 2026

Groww Nifty India Defence ETF FOF (Direct)Nifty India Defence TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	255	21.0%	−1.0%	58.4%	1%	22.0%	2%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty India Defence TRI over the same days. Past returns do not promise future returns.

Groww Nifty India Defence ETF FOF Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Groww Nifty India Defence ETF FOF (Direct)This fund	Nifty India Defence TRI
Return (CAGR)	+7.59%	+8.66%
Standard deviation	24.97%	24.74%
Sharpe ratio	0.09	0.14
Sortino ratio	0.13	0.19
Maximum drawdown	−15.6% (31-03-2026)	−15.4% (30-03-2026)
Beta	0.99	1.00
Alpha	−1.02%	0.00%

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Groww Nifty India Defence ETF FOF (Direct)This fund	Nifty India Defence TRI
Return (CAGR)	+12.48%	+13.56%
Standard deviation	27.48%	27.42%
Sharpe ratio	0.25	0.29
Sortino ratio	0.36	0.41
Maximum drawdown	−27.0% (18-02-2025)	−26.8% (18-02-2025)
Beta	0.98	1.00
Alpha	−0.89%	0.00%

From daily NAVs, 15-10-2024 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−30%−25%−20%−15%−10%−5%0%

20252026

Groww Nifty India Defence ETF FOF (Direct)Nifty India Defence TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Groww Nifty India Defence ETF FOF (Direct)	−27.0%	17-12-2024	18-02-2025	29-04-2025	2 months	−13.2%
Nifty India Defence TRI	−26.8%	17-12-2024	18-02-2025	29-04-2025	2 months	−12.9%

From the Direct plan's daily NAV since 15-10-2024, adjusted for unit splits, and Nifty India Defence TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Groww Nifty India Defence ETF FOF Expense Ratio and Costs

What each plan charges a year, in force from 01-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio
Direct	0.10%	0.01%	0.00%	0.03%	0.14%
Regular	0.40%	0.01%	0.00%	0.07%	0.48%

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.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	7.19%	7.59%	0.40%	₹1,07,190	₹1,07,590

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Groww Nifty India Defence ETF FOF SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 15-10-2024 to 30-10-2026: 25 instalments, ₹2,50,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planGroww Nifty India Defence ETF FOF (Direct)	₹2,50,000	₹2,84,608	₹34,608	12.6%
Regular planGroww Nifty India Defence ETF FOF (Regular)	₹2,50,000	₹2,83,345	₹33,345	12.1%
Nifty India Defence TRI	₹2,50,000	₹2,87,207	₹37,207	13.5%

₹0₹1.0 L₹2.0 L₹3.0 L₹4.0 L

20252026

Direct planGroww Nifty India Defence ETF FOF (Direct)Regular planGroww Nifty India Defence ETF FOF (Regular)Nifty India Defence TRIAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Groww Nifty India Defence ETF FOF Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

100.0%Cash and others

Asset	Fund
Cash and others	100.0%

Groww Nifty India Defence ETF FOF Portfolio Holdings

As on 30-09-2026 · 1 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%
Groww Nifty India Defence ETF		100.03%

Groww Nifty India Defence ETF FOF Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.14%
Expense ratio (Regular): 0.48%
Category: Fund of Funds
Risk: Very High
Benchmark: Nifty India Defence TRI
Launch date: 11-10-2024
Minimum investment: ₹500
Minimum additional investment: ₹500
AUM: ₹157.44 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 152925
ISIN (Direct): INF666M01IQ3
Scheme code (Regular): 152927
ISIN (Regular): INF666M01IT7
NAV history: From 15-10-2024, 2.0 years

Exit load: Nil

Tax on Groww Nifty India Defence ETF FOF returns

How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Income Distribution Cum Capital Withdrawal	₹12.7783	30-10-2026
direct	Growth	₹12.7781	30-10-2026
regular	Income Distribution Cum Capital Withdrawal	₹12.6747	30-10-2026
regular	Growth	₹12.6761	30-10-2026

About Groww Nifty India Defence ETF FOF

Groww Nifty India Defence ETF FOF is a mutual fund from Groww Mutual Fund. Its category is Fund of Funds. It was launched on 11-10-2024. Its benchmark is Nifty India Defence TRI. At the end of September 2026 it held 1 securities.

Fund Manager

Nikhil Satam
Fund manager of Groww Nifty India Defence ETF FOF, since 21-02-2025
Aakash Chauhan
Fund manager of Groww Nifty India Defence ETF FOF, since 14-04-2025
Shashi Kumar
Fund manager of Groww Nifty India Defence ETF FOF, since 16-05-2025

See all funds of Groww Mutual Fund

AUM change

September 2026: ₹157.44 Cr; −0.03% from August 2026
August 2026: ₹157.48 Cr; +9.13% from July 2026
July 2026: ₹144.30 Cr; +2.03% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Frequently Asked Questions for Groww Nifty India Defence ETF FOF

What is the current NAV of Groww Nifty India Defence ETF FOF?

The Direct plan NAV is ₹12.7781. The Regular plan NAV is ₹12.6761, as on 30-10-2026.

What are the returns of Groww Nifty India Defence ETF FOF?

The Direct plan returned +7.59% in 1 year. The Regular plan returned +7.19% in 1 year. These figures are as on 30-10-2026.

What is the expense ratio of Groww Nifty India Defence ETF FOF?

The Direct plan charges 0.14% a year. The Regular plan charges 0.48% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

What is the AUM of Groww Nifty India Defence ETF FOF?

Groww Nifty India Defence ETF FOF managed ₹157.44 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Groww Nifty India Defence ETF FOF?

At the end of September 2026 the largest holdings were GROWWDEFNC (100.03%). The fund held 1 securities in all.

How do I invest in Groww Nifty India Defence ETF FOF?

Through Groww 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 ₹500. You can invest once or through a monthly SIP.

Who is the fund manager of Groww Nifty India Defence ETF FOF?

Nikhil Satam (since 21-02-2025), Aakash Chauhan (since 14-04-2025), Shashi Kumar (since 16-05-2025).

What is the exit load of Groww Nifty India Defence ETF FOF?

Nil

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.