HDFC Defence Fund Regular-Growth
The fund is rated 4.5 stars. The strongest areas were investment selection within each asset type, investment selection within each industry, and balance between returns and downside risk. Higher annual fee of 1.79% and above-average fund size of Rs 11,477.59 crore were minor drawbacks.
This fund has a good track record with Asset Selection/Timing, a good track record with Stock Selection/Timing, a good risk-reward ratio. It is important to note, however, that this fund has a 11477.592 AUM and a 1.79 expense ratio. Considering all these factors, we have rated this fund as 4.5 star.
Our score weighs long-term performance, risk and consistency — not just past returns.
Returns
As of 7 Oct 2026
Risk ratios
As of 30 Sep 2026
Portfolio
As of 31 Aug 2026
Market-cap split
Sector allocation
Holdings (25)
| Holding | % of fund | Value | Shares |
|---|---|---|---|
| Bharat Electronics Ltd. | 15.17% | ₹1,740.7 Cr | 4,20,00,130 |
| Bharat Forge Ltd. | 13.40% | ₹1,537.77 Cr | 73,05,688 |
| Hindustan Aeronautics Ltd. | 12.57% | ₹1,442.92 Cr | 30,05,081 |
| Solar Industries India Ltd. | 10.77% | ₹1,236.29 Cr | 6,14,825 |
| Astra Microwave Products Ltd. | 6.55% | ₹751.58 Cr | 45,11,306 |
| BEML Ltd. | 4.89% | ₹561.79 Cr | 29,01,643 |
| MTAR Technologies Ltd. | 4.60% | ₹528.26 Cr | 7,50,000 |
| Eicher Motors Ltd. | 4.16% | ₹477.21 Cr | 6,00,000 |
| Bosch Ltd. | 4.01% | ₹460 Cr | 92,000 |
| Mazagon Dock Shipbuilders Ltd. | 3.62% | ₹415.93 Cr | 16,77,149 |
Fund details
To generate long-term capital appreciation/income. Investment predominantly in equity & equity related instruments of defence and allied sector companies.
The scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related securities of Defence & allied sector companies.
Exit load of 1%, if redeemed within 1 year.