Aditya Birla Sun Life Nifty India Defence Index Fund
- NAV as on 25 Sep 2026
- ₹13.26+0.42%1 day
- Return since launch
- 15.4%
- 52-week range
- ₹10.21 — ₹14.10
- AUM
- ₹1,398 Cr
Aditya Birla Sun Life Nifty India Defence Index Fund is a Thematic equity fund from Aditya Birla Sun Life Mutual Fund with ₹1,398 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 +17.5% against -4.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 21.7% | +17.9 pts | 3.8% | -3.6% |
| 2Y | 22.6% | +18.3 pts | 4.3% | -3.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.6% | +0.4 pts | -4.0% | -3.9% |
| 3M | 0.1% | −0.3 pts | 0.3% | -0.9% |
| 6M | 26.2% | +12.1 pts | 14.1% | 10.5% |
| 1Y | 17.5% | +13.7 pts | 3.8% | -4.6% |
| 2Y | 17.6% | +19.2 pts | -1.6% | -7.8% |
Since launch (9 Aug 2024): 15.4%
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 22 Sep 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 31 Aug 2026
Asset allocation
- Equity100.0%
Market cap split
- Large53.1%
- Mid24.7%
- Small22.3%
- P/E
- 52.74
- P/B
- 10.80
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Hindustan Aeronautics Ltd. | Capital Goods | 21.40% | ₹299 Cr | +19.51% | +16.90% | +21.10% |
| Bharat Electronics Ltd. | Capital Goods | 19.52% | ₹273 Cr | +16.42% | +21.25% | +21.24% |
| Bharat Forge Ltd. | Automobile | 13.92% | ₹195 Cr | +15.09% | +17.34% | — |
| Solar Industries India Ltd. | Chemicals | 12.15% | ₹170 Cr | +12.86% | +11.20% | +14.83% |
| Mazagon Dock Shipbuilders Ltd. | Capital Goods | 4.67% | ₹65.36 Cr | +5.40% | +5.75% | +8.72% |
| MTAR Technologies Ltd. | Capital Goods | 3.75% | ₹52.43 Cr | +4.88% | +2.74% | +1.30% |
| Astra Microwave Products Ltd. | Communication | 3.50% | ₹48.91 Cr | +3.43% | +2.79% | +3.82% |
| Data Patterns (India) Ltd. | Capital Goods | 3.38% | ₹47.29 Cr | +3.46% | +3.24% | +3.14% |
| Cochin Shipyard Ltd. | Capital Goods | 3.17% | ₹44.34 Cr | +3.59% | +4.30% | +6.01% |
| Bharat Dynamics Ltd. | Capital Goods | 2.92% | ₹40.77 Cr | +3.21% | +3.97% | +5.84% |
| Zen Technologies Ltd. | Technology | 2.04% | ₹28.46 Cr | +2.22% | +2.13% | +2.94% |
| Garden Reach Shipbuilders & Engineers Ltd. | Capital Goods | 1.86% | ₹26.07 Cr | +2.25% | +2.43% | +3.04% |
| BEML Ltd. | Capital Goods | 1.84% | ₹25.68 Cr | +1.91% | +2.19% | +3.24% |
| Apollo Micro Systems Ltd. | Capital Goods | 1.55% | ₹21.65 Cr | +1.57% | — | — |
| Paras Defence And Space Technologies Ltd. | Capital Goods | 1.26% | ₹17.65 Cr | +0.84% | +0.77% | +1.00% |
| Dynamatic Technologies Ltd. | Automobile | 1.17% | ₹16.29 Cr | +1.25% | +1.34% | +1.11% |
| Axiscades Technologies Ltd. | Technology | 0.74% | ₹10.37 Cr | +0.96% | — | — |
| Aequs Ltd. | Technology | 0.70% | ₹9.75 Cr | +0.45% | — | — |
| Mishra Dhatu Nigam Ltd. | Metals & Mining | 0.50% | ₹7.02 Cr | +0.59% | +0.58% | +0.78% |
| Others | Others | -0.04% | ₹-0.54 Cr | -0.98% | -0.17% | -0.61% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Bharat Forge Ltd. | 15.15% | 13.92% | -1.23% |
| MTAR Technologies Ltd. | 3.17% | 3.75% | +0.58% |
| Solar Industries India Ltd. | 11.57% | 12.15% | +0.58% |
| Astra Microwave Products Ltd. | 4.07% | 3.50% | -0.57% |
| Bharat Electronics Ltd. | 19.01% | 19.52% | +0.50% |
| Hindustan Aeronautics Ltd. | 21.56% | 21.40% | -0.16% |
| Others | -0.30% | -0.46% | -0.16% |
| Dynamatic Technologies Ltd. | 1.05% | 1.17% | +0.12% |
| Paras Defence And Space Technologies Ltd. | 1.15% | 1.26% | +0.11% |
| BEML Ltd. | 1.73% | 1.84% | +0.11% |
| Garden Reach Shipbuilders & Engineers Ltd. | 1.97% | 1.86% | -0.10% |
| Zen Technologies Ltd. | 1.93% | 2.04% | +0.10% |
| Apollo Micro Systems Ltd. | 1.63% | 1.55% | -0.08% |
| Bharat Dynamics Ltd. | 2.98% | 2.92% | -0.07% |
| Cochin Shipyard Ltd. | 3.11% | 3.17% | +0.06% |
| Data Patterns (India) Ltd. | 3.33% | 3.38% | +0.05% |
| Axiscades Technologies Ltd. | 0.72% | 0.74% | +0.02% |
| Aequs Ltd. | 0.68% | 0.70% | +0.02% |
| Mishra Dhatu Nigam Ltd. | 0.50% | 0.50% | 0.00% |
| Mazagon Dock Shipbuilders Ltd. | 4.67% | 4.67% | 0.00% |
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 | ₹3,954 Cr | 2.14% | 16.7% | 14.3% | 14.2% |
 HDFC Defence Fund | ₹11,478 Cr | 1.80% | 33.8% | 26.8% | — |
 ICICI Prudential Commodities Fund | ₹4,277 Cr | 1.96% | 5.5% | 10.3% | 14.6% |
| ICICI Prudential Exports and Services Fund | ₹1,549 Cr | 2.29% | 0.9% | 6.5% | 12.4% |
 SBI Comma Fund | ₹1,237 Cr | 2.28% | 7.6% | 10.2% | 13.0% |
 Edelweiss Recently Listed IPO Fund | ₹1,230 Cr | 2.36% | 35.7% | 17.4% | 16.7% |
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 months26.21% absolute | ₹60,000 | ₹75,726 | 26.21% | |
| 1 year17.47% annualised | ₹1,20,000 | ₹1,31,984 | 9.99% |
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.