Fund Overview
ETF
Mirae Asset BSE India Defence ETF
Ticker: DEFENCEUnderlying Index: BSE India DefenceISIN: INF769K01QC2
82.52—
End of Day NAV as on Sep 10, 2026
Fundamentals
| Asset Type | Equity |
| Underlying Index Type | Thematic Index |
| No. of Companies | 34 Companies |
| Market Cap Focus | Multi / Flexi Cap |
| Std Deviation (1 yr) | 1.56% |
| P/E | 62.39 |
| P/B | 10.62 |
| Div Yield | 0.54% |
| Down from 52w High | 3.60% |
| Up from 52w Low | 40.08% |
| Asset Type | Equity |
| Underlying Index Type | Thematic Index |
| No. of Companies | 34 |
| Market Cap Focus | Multi / Flexi Cap |
| P/E | 62.39 |
| P/B | 10.62 |
| Div Yield | 0.54% |
| Down from 52w High | 3.60% |
| Up from 52w Low | 40.08% |
| Std Deviation (1 yr) | 1.56% |
Fund Parameters
| AUM (Cr) | 130 |
| Base Expense Ratio | 0.29% |
| Tracking Error | 1.07% |
| All-In-Cost | 1.47% |
| Inception Date | 13 Feb 2026 |
| Scheme Option - Type | Growth - Open ended scheme |
| Latest Price | 82.35 |
| NAV Gap | -0.21% |
| 1M Average NAV Gap | 0.11% |
| Daily Volume | 3,88,395 |
| 1M Average Daily Volume | 2,59,334 |
| 1M Average Daily Turnover (Cr) | 2.1 |
Native Score
| AUM (Cr) | 130 |
| Base Expense Ratio | 0.29% |
| Tracking Error | 1.07% |
| All-In-Cost | 1.47% |
| Inception Date | 13 Feb 2026 |
| Scheme Option - Type | Growth - Open ended scheme |
| ETF Market Data | |
| Latest Price | 82.35 |
| NAV Gap | -0.21% |
| 1M Avg NAV Gap | 0.11% |
| Daily Volume | 3,88,395 |
| 1M Avg Daily Volume | 2,59,334 |
| 1M Avg Daily Turnover | 2.1 |
| Native Score | |
Similar Exchange Traded Funds (ETFs)
No similar exchange traded funds (etfs) available for this index
Similar Index Funds
No similar index funds available for this index
Sectoral Allocation
Total
100%
allocation
- Capital Goods50.0%
- Automobile & Ancillaries13.0%
- Chemicals12.9%
- Ship Building10.9%
- Trading5.8%
- Infrastructure4.8%
- Textile1.1%
- Electricals0.7%
- Iron & Steel0.6%
- Miscellaneous0.3%
- Paper0.2%
- Capital Goods50.0%
- Automobile & Ancillaries13.0%
- Chemicals12.9%
- Ship Building10.9%
- Trading5.8%
- Infrastructure4.8%
- Textile1.1%
- Electricals0.7%
- Iron & Steel0.6%
- Miscellaneous0.3%
- Paper0.2%
Fund Holdings
| Name | Weight |
|---|
| Hindustan Aeronautics Ltd. | 15.7% |
| Bharat Electronics Ltd. | 13.5% |
| Solar Industries India Ltd. | 12.9% |
| Adani Enterprises Ltd. | 5.8% |
| Mahindra & Mahindra Ltd. | 5.5% |
| Mazagon Dock Shipbuilders Ltd. | 5.3% |
| Larsen & Toubro Ltd. | 4.8% |
| Astra Microwave Products Ltd. | 4.5% |
| Data Patterns (India) Ltd. | 3.5% |
| Cochin Shipyard Ltd. | 3.5% |
| Bharat Forge Ltd. | 3.4% |
| Bharat Dynamics Ltd. | 3.3% |
| Ashok Leyland Ltd. | 2.7% |
| Zen Technologies Ltd. | 2.2% |
| Garden Reach Shipbuilders & Engineers Ltd. | 2.1% |
| Apollo Micro Systems Ltd. | 1.8% |
| Paras Defence And Space Technologies Ltd. | 1.3% |
| Axiscades Technologies Ltd. | 0.8% |
| Aequs Ltd. | 0.8% |
| Cyient DLM Ltd. | 0.7% |
| MTAR Technologies Ltd. | 0.7% |
| Ideaforge Technology Ltd. | 0.7% |
| LMW Ltd. | 0.6% |
| PTC Industries Ltd. | 0.6% |
| Mishra Dhatu Nigam Ltd. | 0.6% |
| HBL Engineering Ltd. | 0.5% |
| Arvind Ltd. | 0.4% |
| BEML Ltd. | 0.4% |
| Ramkrishna Forgings Ltd. | 0.4% |
| Unimech Aerospace and Manufacturing Ltd. | 0.4% |
| Tri-Party Repo (TREPS) | 0.3% |
| DCX Systems Ltd. | 0.3% |
| Dynamatic Technologies Ltd. | 0.2% |
| JK Paper Ltd. | 0.2% |
| Net Current Asset | -0.3% |
NameWeight
Hindustan Aeronautics Ltd.15.7%
Bharat Electronics Ltd.13.5%
Solar Industries India Ltd.12.9%
Adani Enterprises Ltd.5.8%
Mahindra & Mahindra Ltd.5.5%
Mazagon Dock Shipbuilders Ltd.5.3%
Larsen & Toubro Ltd.4.8%
Astra Microwave Products Ltd.4.5%
Data Patterns (India) Ltd.3.5%
Cochin Shipyard Ltd.3.5%
Bharat Forge Ltd.3.4%
Bharat Dynamics Ltd.3.3%
Ashok Leyland Ltd.2.7%
Zen Technologies Ltd.2.2%
Garden Reach Shipbuilders & Engineers Ltd.2.1%
Apollo Micro Systems Ltd.1.8%
Paras Defence And Space Technologies Ltd.1.3%
Axiscades Technologies Ltd.0.8%
Aequs Ltd.0.8%
Cyient DLM Ltd.0.7%
MTAR Technologies Ltd.0.7%
Ideaforge Technology Ltd.0.7%
LMW Ltd.0.6%
PTC Industries Ltd.0.6%
Mishra Dhatu Nigam Ltd.0.6%
HBL Engineering Ltd.0.5%
Arvind Ltd.0.4%
BEML Ltd.0.4%
Ramkrishna Forgings Ltd.0.4%
Unimech Aerospace and Manufacturing Ltd.0.4%
Tri-Party Repo (TREPS)0.3%
DCX Systems Ltd.0.3%
Dynamatic Technologies Ltd.0.2%
JK Paper Ltd.0.2%
Net Current Asset-0.3%
Holdings Concentration
Total covered: 100%
Top 1–5
5 holdings
53.4%
53%
share
Top 6–10
5 holdings
21.6%
21%
share
Top 11–20
10 holdings
19.1%
19%
share
Beyond 20
14 holdings
6.3%
6%
share
Market Cap Classification
Total
100%
allocation
- Large Cap58.1%
- Small Cap23.7%
- Mid Cap18.1%
- Large Cap58.1%
- Small Cap23.7%
- Mid Cap18.1%
Advanced Ratios
| Alpha | 0.22 |
| Beta | 1.09 |
| Sharpe Ratio | 0.11 |
| Sortino Ratio | 0.18 |
| Treynor Ratio | 0.16 |
| Information Ratio | 0.20 |
| Upside Capture | 127.15% |
| Downside Capture | 73.91% |
Index Methodology
| Factor Basis | Sector/Theme |
| What universe selected from? | BSE 1000 |
| Weightage? | Capped Free-Float Adjusted Market Cap |
| Stocks Included | Companies from BSE 1000 involved in defence manufacturing, aerospace, defence equipment, shipbuilding, defence electronics, or related defence services, selected based on sector classification and free-float market capitalization. |
| Exclusions | Companies not part of BSE 1000, not classified under defence-related industries, or failing eligibility/ranking criteria during the semi-annual review are excluded. |
| Factor Basis | Sector/Theme |
| Universe | BSE 1000 |
| Weightage | Capped Free-Float Adjusted Market Cap |
| Stocks Included | Companies from BSE 1000 involved in defence manufacturing, aerospace, defence equipment, shipbuilding, defence electronics, or related defence services, selected based on sector classification and free-float market capitalization. |
| Exclusions | Companies not part of BSE 1000, not classified under defence-related industries, or failing eligibility/ranking criteria during the semi-annual review are excluded. |
Fund • Last updated: 11/09/2026