Mirae Asset BSE India Defence ETF FoF
- NAV as on 25 Sep 2026
- ₹11.57+0.21%1 day
- Return since launch
- 16.5%
- 52-week range
- ₹8.84 — ₹12.36
- AUM
- ₹124 Cr
Mirae Asset BSE India Defence ETF FoF is a Thematic equity fund from Mirae Asset Mutual Fund with ₹124 Cr under management, launched in 2026. The expense ratio is 0.76% and the SEBI riskometer reading is Very High.
Performance
Mirae Asset BSE India Defence ETF FoF NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +16.5% against -0.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -5.2% | −1.3 pts | -4.0% | -3.5% |
| 3M | 0.7% | +0.3 pts | 0.4% | -0.9% |
| 6M | 27.8% | +13.5 pts | 14.3% | 10.5% |
Since launch (2 Feb 2026): 16.5%
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
0.75%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.58%
- Brokerage
- 0.03%
- Transaction charges
- 0.01%
- Statutory levies
- 0.13%
- Exit load
- Exit load of 0.05%, if redeemed within 15 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE 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
Mirae Asset BSE India Defence ETF FoF portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity100.2%
Market cap split
- Large58.4%
- Mid17.9%
- Small23.7%
- P/E
- 49.05
- P/B
- 8.20
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Mirae Asset BSE India Defence ETF - Growth | Unclassified | 100.21% | ₹124 Cr | +98.88% | +99.34% | — |
| Others | Others | -0.21% | ₹-0.26 Cr | -0.64% | -2.22% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | -0.50% | -1.81% | -1.31% |
| Mirae Asset BSE India Defence ETF - Growth | 100.17% | 100.21% | +0.04% |
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% | 17.1% | 14.2% | 14.2% |
 HDFC Defence Fund | ₹11,478 Cr | 1.79% | 34.5% | 26.7% | — |
 ICICI Prudential Commodities Fund | ₹4,277 Cr | 1.96% | 6.2% | 10.4% | 14.6% |
| ICICI Prudential Exports and Services Fund | ₹1,549 Cr | 2.30% | 1.2% | 6.5% | 12.4% |
 SBI Comma Fund | ₹1,237 Cr | 2.28% | 7.8% | 10.1% | 13.0% |
 Edelweiss Recently Listed IPO Fund | ₹1,230 Cr | 2.36% | 35.9% | 17.3% | 16.6% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset BSE India Defence ETF. The Scheme does not guarantee or assure any returns.
Fund managers
- Ekta GalaMs. Gala is a B.Com & Inter CA (IPCC)Prior to joining Mirae Asset Mutual Fund, she has worked with ICICI Prudential Asset Management Company Ltd.
- Vishal SinghMr. Singh has done B.Com, CA, CFA and FRMPrior to joining Mirae Asset Mutual Fund, he was associated with NSE Indices Ltd. and Aranca (India) Private 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 months27.76% absolute | ₹60,000 | ₹76,656 | 27.76% |
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.