Aditya Birla Sun Life Nifty India Defence Index Fund
- NAV as on 9 Nov 2026
- ₹12.74+1.24%1 day
- Return since launch
- 11.4%
- 52-week range
- ₹10.21 — ₹14.10
- AUM
- ₹1,378 Cr
Aditya Birla Sun Life Nifty India Defence Index Fund is a Thematic equity fund from Aditya Birla Sun Life Mutual Fund with ₹1,378 Cr under management, launched in 2024. The expense ratio is 1.15% and the SEBI riskometer reading is Very High.
Performance
Aditya Birla Sun Life Nifty India Defence Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +8.6% against -5.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 7.9% | +5.6 pts | 2.3% | 2.2% |
| 2Y | 15.0% | +8.9 pts | 6.1% | -0.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.9% | −7.1 pts | 6.2% | 6.4% |
| 3M | -6.3% | −4.8 pts | -1.5% | -1.9% |
| 6M | -2.9% | −6.6 pts | 3.8% | 1.9% |
| 1Y | 11.3% | +9.0 pts | 2.3% | -4.9% |
| 2Y | 18.2% | +14.4 pts | 3.8% | -2.8% |
Since launch (9 Aug 2024): 11.4%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 18.3% | +15.3 pts | 3.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.14%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.89%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.24%
- Exit load
- Exit load of 0.05%, if redeemed within 30 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty India Defence TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Aditya Birla Sun Life Nifty India Defence Index Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity99.0%
- Other1.0%
Market cap split
- Large52.1%
- Mid23.2%
- Small24.7%
- P/E
- 55.71
- P/B
- 9.77
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Bharat Electronics Ltd. | Capital Goods | 19.96% | ₹281 Cr | +19.80% | +20.13% | +20.64% |
| Hindustan Aeronautics Ltd. | Capital Goods | 19.68% | ₹277 Cr | +19.94% | +19.88% | +20.47% |
| Bharat Forge Ltd. | Automobile | 13.28% | ₹187 Cr | +14.48% | +16.24% | +11.50% |
| Solar Industries India Ltd. | Chemicals | 11.91% | ₹168 Cr | +11.54% | +10.70% | +11.55% |
| MTAR Technologies Ltd. | Capital Goods | 4.00% | ₹56.33 Cr | +4.14% | +2.70% | +1.39% |
| Mazagon Dock Shipbuilders Ltd. | Capital Goods | 3.98% | ₹56.14 Cr | +4.81% | +5.71% | +7.47% |
| Astra Microwave Products Ltd. | Communication | 3.44% | ₹48.44 Cr | +3.78% | +2.63% | +2.96% |
| Data Patterns (India) Ltd. | Capital Goods | 3.23% | ₹45.53 Cr | +3.44% | +3.27% | +2.69% |
| Cochin Shipyard Ltd. | Capital Goods | 3.16% | ₹44.48 Cr | +3.23% | +3.67% | +5.39% |
| Bharat Dynamics Ltd. | Capital Goods | 2.54% | ₹35.78 Cr | +3.20% | +3.68% | +4.90% |
| BEML Ltd. | Capital Goods | 1.89% | ₹26.64 Cr | +1.71% | +1.90% | +2.84% |
| Zen Technologies Ltd. | Technology | 1.84% | ₹25.89 Cr | +2.07% | +2.14% | +2.32% |
| Apollo Micro Systems Ltd. | Capital Goods | 1.64% | ₹23.10 Cr | +1.74% | +0.88% | — |
| Garden Reach Shipbuilders & Engineers Ltd. | Capital Goods | 1.59% | ₹22.35 Cr | +2.02% | +2.10% | +2.64% |
| Dynamatic Technologies Ltd. | Automobile | 1.33% | ₹18.68 Cr | +1.03% | +1.28% | +0.95% |
| Paras Defence And Space Technologies Ltd. | Capital Goods | 1.16% | ₹16.28 Cr | +1.16% | +0.77% | +0.84% |
| Aequs Ltd. | Technology | 1.14% | ₹16.13 Cr | +0.68% | +0.36% | — |
| Others | Others | 1.04% | ₹14.71 Cr | -1.33% | -0.25% | -1.37% |
| Axiscades Technologies Ltd. | Technology | 0.99% | ₹13.97 Cr | +0.77% | +0.99% | — |
| Centum Electronics Ltd. | Capital Goods | 0.92% | ₹13.02 Cr | — | — | — |
| Mishra Dhatu Nigam Ltd. | Metals & Mining | 0.53% | ₹7.48 Cr | +0.52% | +0.48% | +0.66% |
| Sigma Advanced Systems Ltd. | Technology | 0.38% | ₹5.40 Cr | — | — | — |
| Unimech Aerospace And Manufacturing Ltd. | Capital Goods | 0.38% | ₹5.32 Cr | — | — | +0.23% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Hindustan Aeronautics Ltd. | 21.40% | 19.68% | -1.72% |
| Others | -0.46% | -1.51% | -1.05% |
| Centum Electronics Ltd. | 0.00% | 0.92% | +0.92% |
| Mazagon Dock Shipbuilders Ltd. | 4.67% | 3.98% | -0.69% |
| Bharat Forge Ltd. | 13.92% | 13.28% | -0.64% |
| Bharat Electronics Ltd. | 19.52% | 19.96% | +0.45% |
| Aequs Ltd. | 0.70% | 1.14% | +0.45% |
| Sigma Advanced Systems Ltd. | 0.00% | 0.38% | +0.38% |
| Unimech Aerospace And Manufacturing Ltd. | 0.00% | 0.38% | +0.38% |
| Bharat Dynamics Ltd. | 2.92% | 2.54% | -0.38% |
| Garden Reach Shipbuilders & Engineers Ltd. | 1.86% | 1.59% | -0.28% |
| Axiscades Technologies Ltd. | 0.74% | 0.99% | +0.25% |
| MTAR Technologies Ltd. | 3.75% | 4.00% | +0.25% |
| Solar Industries India Ltd. | 12.15% | 11.91% | -0.25% |
| Zen Technologies Ltd. | 2.04% | 1.84% | -0.20% |
| Dynamatic Technologies Ltd. | 1.17% | 1.33% | +0.16% |
| Data Patterns (India) Ltd. | 3.38% | 3.23% | -0.15% |
| Paras Defence And Space Technologies Ltd. | 1.26% | 1.16% | -0.11% |
| Apollo Micro Systems Ltd. | 1.55% | 1.64% | +0.09% |
| Astra Microwave Products Ltd. | 3.50% | 3.44% | -0.06% |
| BEML Ltd. | 1.84% | 1.89% | +0.05% |
| Mishra Dhatu Nigam Ltd. | 0.50% | 0.53% | +0.03% |
| Cochin Shipyard Ltd. | 3.17% | 3.16% | -0.02% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹3,848 Cr | 2.21% | 11.8% | 11.9% | 13.1% |
 HDFC Defence Fund | ₹11,493 Cr | 1.79% | 18.8% | 20.9% | — |
 ICICI Prudential Commodities Fund | ₹3,874 Cr | 1.96% | -1.4% | 7.0% | 12.1% |
| ICICI Prudential Exports and Services Fund | ₹1,442 Cr | 2.28% | 7.3% | 7.6% | 12.9% |
 Edelweiss Recently Listed IPO Fund | ₹1,276 Cr | 2.69% | 30.6% | 15.8% | 15.8% |
 SBI Comma Fund | ₹1,156 Cr | 2.31% | 3.6% | 8.1% | 11.7% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide returns that, before expenses, correspond to the total returns of securities as represented by the Nifty India Defence Total Return Index, subject to tracking errors.
Fund managers
- Mehul DamaMr. Dama has done C.A. & B.ComPrior to joining ABSL AMC, he has worked with Angel OneFund, Nippon India Mutual Fund, Goldman Sachs Asset Management(India) Private Ltd. as Vice President, Benchmark Asset Management Company Private Ltd. as Assistant Vice President and Lovelock & Lewes as Assistant Manager.
- Priya SridharMs. Sridhar has done B.Com and M.F.MPrior to joining Aditya Birla Mutual Fund, she has worked with ICICI Prudential MF, ITI Mutual Fund and LIC Housing Finance Ltd
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months−2.88% absolute | ₹60,000 | ₹58,272 | −2.88% | |
| 1 year11.29% annualised | ₹1,20,000 | ₹1,27,598 | 6.33% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.