Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • A Fund That Buys Recent IPO Stocks: Should You Invest?
    • Zee Business Mutual Fund Awards 2025: From ICICI to SBI, major AMCs shine as industry celebrates Rs 75 lakh crore milestone
    • Back to basics: Multi-factor mutual funds in India
    • Zee Business Mutual Fund Awards 2025: Industry leaders, top fund houses honoured across 9 categories
    • Private-credit ETFs are here. Why your -2-
    • Best mutual Fund types for retirement planning – Money Insights News
    • Spot Bitcoin ETFs See $812M Outflow as Ether ETFs Break 20-Day Inflow Streak
    • SECP launches strategic steps to transform mutual funds industry – Business & Finance
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Mutual Funds»HDFC Defence Fund gave 145% return before restriction on fresh investment kicks in
    Mutual Funds

    HDFC Defence Fund gave 145% return before restriction on fresh investment kicks in

    July 11, 2024


    HDFC Defence Fund, which has recently announced the discontinuation of lumpsum subscriptions and restrictions on systematic transactions from July 22, has offered an absolute return of around 145% since inception. Launched in June 2023, HDFC Defence is the only active mutual fund whereas Motilal Oswal Mutual Fund has launched Nifty India Defence Index Fund which has just completed its NFO period.

    The scheme is benchmarked against Nifty India Defence Index TRI. The fund aims to capitalise on the opportunities in the space and has seen good interest from investors. The government’s focus on modernising its defence forces and push toward self-reliance should drive the long-term growth of the sector. As global geopolitical tensions rise, many nations are spending on enhancing defence capabilities.


    Also Read | HDFC Defence Fund to stop registrations of fresh SIPs/STPs

    In the last one year, HDFC Defence Fund has offered around 136.67% return against 201.43% return by its benchmark (Nifty India Defence Index TRI).

    Invest and Earn on ET Money – Get up to 9.5% p.a. returns


    If an investor made a monthly SIP of Rs 10,000 since the inception of the fund it would have been Rs 2.42 lakh now with an XIRR of 153.08%.

    A lumpsum investment of Rs 1 lakh made in this defence fund since the time of inception would have been Rs 2.45 lakh now. The scheme would have offered a CAGR of 125.02% since its inception.

    The portfolio of the scheme is diversified across 20 stocks. The top 10 holdings of the fund constitute around 83.62%. The top 10 holdings include Hindustan Aeronautics (21.22%), Bharat Electronics (19.80%), Premier Explosives (8.09%), Astra Microwave Prod (6.21%), BEML (5.95%), Solar Industries (5.79%), Cyient DLM (5.57%), MTAR Technologies (4.46%), Larsen & Toubro (3.47%), and Interglobe Aviation (3.06%).

    Also Read | Motilal Oswal Nifty India Defence Index Fund is open for subscription. Key things to know

    The scheme is managed by Abhishek Poddar and Dhruv Muchhal. The fund manages assets of Rs 3,665.95 crore as on June 2024. The fund holds 95.09% in equity and 4.89% in others (which includes cash and cash equivalents).

    The minimum application amount is Rs 100 and any amount thereafter. In respect of each purchase / switch-in of units, an exit load of 1.00% is payable if units are redeemed/ switched-out within 1 year from the date of allotment. No exit load is payable if units are redeemed / switched-out after 1 year from the date of allotment.

    The scheme will invest in Indian equity and equity related securities with focus on stocks from Defence and allied sectors which include:

    (i) Stocks forming part of certain eligible ‘basic industries’ based on AMFI Industry classification including Aerospace & Defence, Explosives, Ship Building & Allied Services as amended from time to time; or

    (ii) Stocks from any other defence & allied sectors as per benchmark’s criteria; or

    (iii) Stocks present on SIDM (Society of Indian Defence Manufacturers) list; and which obtain at least 10% of revenue from the defence segment as mentioned above.

    The scheme invests in companies across market capitalization and will use a bottom up approach to identify strong companies.
    Whatsapp Banner



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    A Fund That Buys Recent IPO Stocks: Should You Invest?

    August 2, 2025

    Zee Business Mutual Fund Awards 2025: From ICICI to SBI, major AMCs shine as industry celebrates Rs 75 lakh crore milestone

    August 2, 2025

    Zee Business Mutual Fund Awards 2025: Industry leaders, top fund houses honoured across 9 categories

    August 2, 2025
    Leave A Reply Cancel Reply

    Top Posts

    A Fund That Buys Recent IPO Stocks: Should You Invest?

    August 2, 2025

    Qu’est-ce qu’un green bond ?

    December 7, 2017

    les cat’ bonds deviennent incontournables

    September 5, 2018

    ETF : définition et intérêt des trackers

    May 15, 2019
    Don't Miss
    Mutual Funds

    A Fund That Buys Recent IPO Stocks: Should You Invest?

    August 2, 2025

    The primary markets have been buzzing with many companies coming with new issues. Some of…

    Zee Business Mutual Fund Awards 2025: From ICICI to SBI, major AMCs shine as industry celebrates Rs 75 lakh crore milestone

    August 2, 2025

    Back to basics: Multi-factor mutual funds in India

    August 2, 2025

    Zee Business Mutual Fund Awards 2025: Industry leaders, top fund houses honoured across 9 categories

    August 2, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    New SEC Filings Reveal Major Risks In Cannabis ETFs Following Recent Volatility — But There’s Still Room For Optimism – 4Front Ventures (OTC:FFNTF), Green Thumb Industries (OTC:GTBIF)

    August 22, 2024

    Power Grid board approves raising up to Rs 5,000 cr via bonds

    October 22, 2024

    Aggressive hybrid mutual funds gain traction; add 3.5 lakh investors in last 1 year

    May 11, 2025
    Our Picks

    A Fund That Buys Recent IPO Stocks: Should You Invest?

    August 2, 2025

    Zee Business Mutual Fund Awards 2025: From ICICI to SBI, major AMCs shine as industry celebrates Rs 75 lakh crore milestone

    August 2, 2025

    Back to basics: Multi-factor mutual funds in India

    August 2, 2025
    Most Popular

    ₹10,000 monthly SIP in this debt mutual fund has grown to over ₹70 lakh in 23 years

    June 13, 2025

    ₹1 lakh investment in these 2 ELSS mutual funds at launch would have grown to over ₹5 lakh. Check details

    April 25, 2025

    ZIG, BUZZ, NANC, and KRUZ

    October 11, 2024
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.