For August 2026, several defence mutual funds showed impressive 1-year returns. Among them, HDFC Defence Fund and Motilal Oswal Nifty India Defence Index Fundstand out. These funds are part of a sectoral and thematic category, offering investors exposure to the defence sector.
| Name | NAV | AUM (in ₹ crore) | 1-Year Returns (%) | Expense Ratio (Direct) |
| HDFC Defence Fund | 30.21 | 10,529.20 | 26.16% | 0.86% |
| Motilal Oswal Nifty India Defence Index Fund | 12.26 | 5,181.87 | 17.91% | 0.51% |
| Aditya Birla Sun Life Nifty India Defence Index Fund | 13.39 | 1,269.40 | 17.88% | 0.28% |
| Groww Nifty India Defence ETF FoF Fund | 13.77 | 141.43 | 17.67% | 0.12% |
Note: Data is as of July 28, 2026.
HDFC Defence Fund has a Net Asset Value (NAV) of ₹30.21 and an Asset Under Management (AUM) of ₹10,529.20 crore. The fund has delivered a 1-year return of 26.16% and a 3-year return of 40.80%. With an expense ratio of 0.86%, it is categorised under equity sectoral/thematic funds and carries a very high-risk rating. The minimum monthly SIP is ₹100, while the minimum lumpsum investment is also ₹100.
Motilal Oswal Nifty India Defence Index Fund has an NAV of ₹12.26 and an AUM of ₹5,181.87 crore. It has achieved a 1-year return of 17.91%.
The fund's expense ratio is 0.51%, and it is classified as an index fund with a very high-risk rating. The minimum investment for both SIP and lumpsum is ₹500.
Aditya Birla Sun Life Nifty India Defence Index Fund has an NAV of ₹13.39 and an AUM of ₹1,269.40 crore. It has provided a 1-year return of 17.88%.
The fund's expense ratio is 0.28%, and it is also categorised as an index fund with a very high-risk rating. The minimum SIP and lumpsum investment are ₹500 each.
Groww Nifty India Defence ETF FoF Fund has an NAV of ₹13.77 and an AUM of ₹141.43 crore. It has recorded a 1-year return of 17.67%.
The fund's expense ratio is 0.12%, and it is classified under FoFs Domestic with a very high-risk rating. The minimum investment for both SIP and lumpsum is ₹500.
For August 2026, HDFC Defence Fund led with a 1-year return of 26.16% and an AUM of ₹10,529.20 crore. Motilal Oswal Nifty India Defence Index Fund followed with a 1-year return of 17.91% and an AUM of ₹5,181.87 crore. Other funds like Aditya Birla Sun Life and Groww Nifty India Defence ETF FoF also posted returns of 17.88% and 17.67%, respectively.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.
Published on: Jul 29, 2026, 11:16 AM IST
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