Which funds are similar to HDFC Defence Fund Direct-Growth?
Funds similar to HDFC Defence Fund Direct-Growth in the Equity: Thematic-Other category include ICICI Prudential India Opportunities Fund Direct-Growth, Franklin India Opportunities Direct Fund-Growth, and Motilal Oswal Nifty India Defence Index Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of HDFC Defence Fund Direct-Growth in its category?
On a 3-year return basis HDFC Defence Fund Direct-Growth is ranked 1 out of 15 funds in the Equity: Thematic-Other category as of 21 Oct 2026. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does HDFC Defence Fund Direct-Growth's expense ratio compare to similar funds?
HDFC Defence Fund Direct-Growth has an expense ratio of 0.89%. The peers ICICI Prudential India Opportunities Fund Direct-Growth has an expense ratio of 0.92% and Franklin India Opportunities Direct Fund-Growth has 0.88%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does HDFC Defence Fund Direct-Growth's AUM compare to similar funds?
HDFC Defence Fund Direct-Growth has an AUM of ₹11,493.4 crore. The peers ICICI Prudential India Opportunities Fund Direct-Growth has an AUM of ₹36,469 crore and Franklin India Opportunities Direct Fund-Growth has ₹9,577.36 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Equity: Thematic-Other?
The top performing fund in the Equity: Thematic-Other category on a 3-year basis is Aditya Birla Sun Life Special Opportunities Fund Direct-Growth with a CAGR of 17.39% as of 21 Oct 2026. HDFC Defence Fund Direct-Growth has delivered 33.24% CAGR over the same period, ranking 1 out of 15 funds. You can view and compare the full category ranking on sharpely.
How does HDFC Defence Fund Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, HDFC Defence Fund Direct-Growth has a Sharpe ratio of 0.99 compared to the Equity: Thematic-Other average of 0.42 as of 21 Oct 2026. It ranks 1 out of 19 funds in its category on Sharpe ratio.
