The current market price of Groww Nifty India Defence ETF is ₹90.28. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

Groww Nifty India Defence ETF from Groww Mutual Fund (Nextbillion Technology Pvt Ltd) is an Open-Ended Passive scheme with objective to track Nifty India Defence Index - TRI, capital growth. The fund employs Passive replication to mirror Nifty India Defence Index - TRI, aiming to match total return before expenses and consistently reporting a low tracking error of 0.1% annually. Portfolio concentration is high in Aerospace & Defense (66.0%), led by Bharat Electronics 21.3%, Hindustan Aeronautics 21.2% and Solar Industries 14.9%, top three totaling 57.4% plus industrial manufacturing 16.3% exposure. Performance exhibits a strong one-year return (1Y: +29.9%), reflecting concentrated defence exposure; modest expense ratio 0.4% and low tracking error 0.1% support efficient index replication outcomes and measured volatility profile. ETF AUM ₹208.4 Cr (monthly average ₹209.0 Cr), expense ratio 0.4%, managed by Aakash Chauhan Apr 2025 (6y), Nikhil Satam Feb 2025 (6y) and Shashi Kumar May 2025 (17y) tenure.

Groww Nifty India Defence ETF is designed to track Nifty India Defence Index - TRI, allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Groww Nifty India Defence ETF is 0.43%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of Groww Nifty India Defence ETF is approximately ₹208.43. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

Groww Nifty India Defence ETF is classified under the High risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of Groww Nifty India Defence ETF is 0.11%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Groww Nifty India Defence ETF does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, Groww Nifty India Defence ETF has delivered the following returns: 1-year return: 23.72%. 3-year return: 33.43%. 5-year return: 33.43%. Past performance does not guarantee future results.

Before investing in Groww Nifty India Defence ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.