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HDFC Defence Fund Direct-Growth
Equity: Thematic-Other - Growth (Open ended) Factsheet
SEBI Riskometer: Very HighCategory: Equity: Thematic-OtherBenchmark: Nifty India Defence Total Return Index
NAV: ₹30.44-1.40%
07 Jul 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for HDFC Defence Fund Direct-Growth.
Market Cap Distribution
Large Cap (49.9%)
Mid Cap (18.7%)
Small Cap (31.4%)
Historical Asset Allocation
| Asset | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Equity | 98.25% | 98.07% | 96.09% | 96.30% | 98.00% | 98.95% |
| Debt | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Others (incl. cash) | 1.75% | 1.93% | 3.91% | 3.70% | 2.00% | 1.05% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Portfolio Snapshot
No. of Securities
24
P/E Ratio
55.41
P/B Ratio
8.86
Top Holding %
15.48%
Top 5 Holdings %
59.98%
Top 10 Holdings %
82.38%
AUM
₹9,724 Cr
Expense Ratio
0.87%
Since Inception
43.23%
Max Drawdown
-0.35%
Alpha
24.31%
Sharpe Ratio
1.15
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| Bharat Electronics Ltd. | Capital Goods | 3,66,57,553 | 1,505.71 | 15.48% | -1.07%↓ |
| Bharat Forge Ltd. | Automobile | 71,50,334 | 1,399.46 | 14.39% | -0.18%↓ |
| Hindustan Aeronautics Ltd. | Capital Goods | 27,25,985 | 1,173.21 | 12.06% | -0.90%↓ |
| Solar Industries India Ltd. | Chemicals | 6,37,829 | 1,163.85 | 11.97% | 1.18%↑ |
| MTAR Technologies Ltd. | Capital Goods | 7,50,000 | 590.96 | 6.08% | 0.42%↑ |
| Astra Microwave Products Ltd. | Communication | 41,16,306 | 576.98 | 5.93% | 0.85%↑ |
| BEML Ltd. | Capital Goods | 28,59,417 | 492.51 | 5.06% | -0.60%↓ |
| Eicher Motors Ltd. | Automobile | 5,50,817 | 395.32 | 4.07% | -0.22%↓ |
| Bharat Dynamics Ltd. | Capital Goods | 32,50,902 | 391.6 | 4.03% | -0.46%↓ |
| Premier Explosives Ltd. | Chemicals | 46,60,823 | 321.85 | 3.31% | 0.44%↑ |
| Mazagon Dock Shipbuilders Ltd. | Capital Goods | 11,50,580 | 282.64 | 2.91% | 0.23%↑ |
| Centum Electronics Ltd. | Capital Goods | 7,06,497 | 246.14 | 2.53% | 0.32%↑ |
| Cyient DLM Ltd. | Capital Goods | 55,10,876 | 231.79 | 2.38% | 0.01%↑ |
| Bosch Ltd. | Automobile | 61,381 | 224.81 | 2.31% | 0.16%↑ |
| Data Patterns (India) Ltd. | Capital Goods | 5,29,949 | 214.26 | 2.20% | -0.17%↓ |
| SEDEMAC Mechatronics Ltd. | Capital Goods | 3,97,424 | 85.24 | 0.88% | 0.08%↑ |
| Aequs Ltd. | Technology | 40,00,756 | 76.63 | 0.79% | -0.03%↓ |
| Power Mech Projects Ltd. | Construction | 3,03,945 | 76.01 | 0.78% | -0.05%↓ |
| ideaForge Technology Ltd. | Capital Goods | 3,18,313 | 26.9 | 0.28% | 0.07%↑ |
| JNK India Ltd. | Capital Goods | 5,60,857 | 20.74 | 0.21% | -0.01%↓ |
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Sector-wise Portfolio Allocation
Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.
| Sector | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Capital Goods | 54.50% | 56.67% | 55.63% | 55.07% | 60.41% | 61.38% |
| Automobile | 20.97% | 21.01% | 21.69% | 22.09% | 17.81% | 17.58% |
| Chemicals | 15.28% | 13.66% | 12.94% | 13.31% | 13.66% | 13.46% |
| Communication | 5.93% | 5.08% | 4.82% | 4.92% | 5.19% | 5.46% |
| Technology | 0.79% | 0.82% | 0.29% | 0.13% | 0.12% | 0.13% |
| Construction | 0.78% | 0.83% | 0.72% | 0.78% | 0.81% | 0.94% |
Equity Insights
A detailed look at the equity holdings of this scheme — aggregated scores on value, momentum, quality parameters along with diversification and performance analysis.
Style Analysis
Value score
16.3 / 100
Weighted average Value score is 16.3. This indicates that portfolio is relatively overvalued using composite of value measures.
Price Momentum score
77.2 / 100
Weighted average Price Momentum score is 77.2. This indicates that portfolio has high momentum using composite of momentum measures.
Quality score
72.5 / 100
Weighted average Quality score is 72.5. This indicates that portfolio has average quality using composite of quality measures.
QVM score
59.5 / 100
Weighted average QVM score is 59.5. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.
Red Flags
Frequently Asked Questions
What are the top holdings of HDFC Defence Fund Direct-Growth?
The top holdings of HDFC Defence Fund Direct-Growth sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.
How many stocks does HDFC Defence Fund Direct-Growth hold in its portfolio?
HDFC Defence Fund Direct-Growth holds 24 securities in its portfolio. The top 5 holdings account for 59.98% of the portfolio and the top 10 for 82.38% — a concentrated portfolio that amplifies stock-specific outcomes.
What is the sector allocation of HDFC Defence Fund Direct-Growth?
The sector allocation of HDFC Defence Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.
What is the equity and debt allocation of HDFC Defence Fund Direct-Growth?
As of 31 May 2026, HDFC Defence Fund Direct-Growth has 98.25% in equity, 0.00% in debt and 1.75% in cash/others. This asset mix determines the fund's overall risk-return profile.
What is the market cap allocation of HDFC Defence Fund Direct-Growth?
HDFC Defence Fund Direct-Growth's equity portfolio — Large Cap: 49.87%, Mid Cap: 18.75%, Small Cap: 31.38%. Market cap allocation determines the fund's risk profile — large cap offers stability while mid and small cap offer higher growth potential with higher volatility.
Is HDFC Defence Fund Direct-Growth a concentrated or diversified fund?
HDFC Defence Fund Direct-Growth holds 24 securities, with the top 10 accounting for 82.38% of the portfolio and the top 5 for 59.98%. With fewer than 30 holdings, this is a concentrated fund — each stock has a meaningful impact on performance.
What is the credit quality of HDFC Defence Fund Direct-Growth?
The credit quality breakdown of HDFC Defence Fund Direct-Growth's debt portfolio is in the Credit Rating section. For equity-oriented funds, this section may not be applicable.
How often does HDFC Defence Fund Direct-Growth change its portfolio?
The portfolio currently holds 24 securities with the top 10 accounting for 82.38% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.
What is the PE ratio of HDFC Defence Fund Direct-Growth's portfolio?
The weighted average PE ratio of HDFC Defence Fund Direct-Growth's portfolio is 55.41 and the PB ratio is 8.86. These metrics reflect the overall valuation and interest rate sensitivity of the portfolio.
When is the latest portfolio disclosure for HDFC Defence Fund Direct-Growth?
The latest portfolio disclosure for HDFC Defence Fund Direct-Growth is as of 31 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.