Fund Overview
ETF
Mirae Asset BSE India Defence ETF
Ticker: DEFENCEUnderlying Index: BSE India DefenceISIN: INF769K01QC2
71.80—
End of Day NAV as on Oct 23, 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) | 1.52% |
| P/E | 64.72 |
| P/B | 10.93 |
| Div Yield | 0.55% |
| Down from 52w High | 16.13% |
| Up from 52w Low | 21.87% |
| Asset Type | Equity |
| Underlying Index Type | Thematic Index |
| No. of Companies | 34 |
| Market Cap Focus | Multi / Flexi Cap |
| P/E | 64.72 |
| P/B | 10.93 |
| Div Yield | 0.55% |
| Down from 52w High | 16.13% |
| Up from 52w Low | 21.87% |
| Std Deviation (1 yr) | 1.52% |
Fund Parameters
| AUM (Cr) | 183 |
| Base Expense Ratio | 0.28% |
| Tracking Error | 1.10% |
| All-In-Cost | 1.43% |
| Inception Date | 13 Feb 2026 |
| Scheme Option - Type | Growth - Open ended scheme |
| Latest Price | 71.73 |
| NAV Gap | -0.09% |
| 1M Average NAV Gap | 0.05% |
| Daily Volume | 2,94,851 |
| 1M Average Daily Volume | 2,06,543 |
| 1M Average Daily Turnover (Cr) | 1.6 |
Native Score
| AUM (Cr) | 183 |
| Base Expense Ratio | 0.28% |
| Tracking Error | 1.10% |
| All-In-Cost | 1.43% |
| Inception Date | 13 Feb 2026 |
| Scheme Option - Type | Growth - Open ended scheme |
| ETF Market Data | |
| Latest Price | 71.73 |
| NAV Gap | -0.09% |
| 1M Avg NAV Gap | 0.05% |
| Daily Volume | 2,94,851 |
| 1M Avg Daily Volume | 2,06,543 |
| 1M Avg Daily Turnover | 1.6 |
| 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 Goods52.0%
- Chemicals13.3%
- Automobile & Ancillaries12.3%
- Ship Building9.3%
- Infrastructure5.1%
- Trading5.0%
- Textile1.2%
- Electricals1.0%
- Iron & Steel0.6%
- Miscellaneous0.6%
- Paper0.2%
- Capital Goods52.0%
- Chemicals13.3%
- Automobile & Ancillaries12.3%
- Ship Building9.3%
- Infrastructure5.1%
- Trading5.0%
- Textile1.2%
- Electricals1.0%
- Iron & Steel0.6%
- Miscellaneous0.6%
- Paper0.2%
Fund Holdings
| Name | Weight |
|---|
| Bharat Electronics Ltd. | 15.4% |
| Hindustan Aeronautics Ltd. | 15.0% |
| Solar Industries India Ltd. | 13.3% |
| Larsen & Toubro Ltd. | 5.1% |
| Mahindra & Mahindra Ltd. | 5.0% |
| Adani Enterprises Ltd. | 5.0% |
| Mazagon Dock Shipbuilders Ltd. | 4.5% |
| Astra Microwave Products Ltd. | 3.9% |
| Data Patterns (India) Ltd. | 3.5% |
| Cochin Shipyard Ltd. | 3.1% |
| Bharat Forge Ltd. | 3.0% |
| Bharat Dynamics Ltd. | 2.8% |
| Ashok Leyland Ltd. | 2.5% |
| Zen Technologies Ltd. | 2.1% |
| Aequs Ltd. | 2.0% |
| Apollo Micro Systems Ltd. | 1.8% |
| Garden Reach Shipbuilders & Engineers Ltd. | 1.7% |
| Paras Defence And Space Technologies Ltd. | 1.3% |
| Axiscades Technologies Ltd. | 1.1% |
| MTAR Technologies Ltd. | 1.0% |
| Cyient DLM Ltd. | 1.0% |
| PTC Industries Ltd. | 0.8% |
| LMW Ltd. | 0.7% |
| Ideaforge Technology Ltd. | 0.7% |
| Mishra Dhatu Nigam Ltd. | 0.6% |
| Tri-Party Repo (TREPS) | 0.6% |
| HBL Engineering Ltd. | 0.5% |
| Arvind Ltd. | 0.5% |
| Unimech Aerospace and Manufacturing Ltd. | 0.5% |
| BEML Ltd. | 0.4% |
| Ramkrishna Forgings Ltd. | 0.4% |
| Dynamatic Technologies Ltd. | 0.3% |
| DCX Systems Ltd. | 0.2% |
| JK Paper Ltd. | 0.2% |
| Net Current Asset | -0.6% |
NameWeight
Bharat Electronics Ltd.15.4%
Hindustan Aeronautics Ltd.15.0%
Solar Industries India Ltd.13.3%
Larsen & Toubro Ltd.5.1%
Mahindra & Mahindra Ltd.5.0%
Adani Enterprises Ltd.5.0%
Mazagon Dock Shipbuilders Ltd.4.5%
Astra Microwave Products Ltd.3.9%
Data Patterns (India) Ltd.3.5%
Cochin Shipyard Ltd.3.1%
Bharat Forge Ltd.3.0%
Bharat Dynamics Ltd.2.8%
Ashok Leyland Ltd.2.5%
Zen Technologies Ltd.2.1%
Aequs Ltd.2.0%
Apollo Micro Systems Ltd.1.8%
Garden Reach Shipbuilders & Engineers Ltd.1.7%
Paras Defence And Space Technologies Ltd.1.3%
Axiscades Technologies Ltd.1.1%
MTAR Technologies Ltd.1.0%
Cyient DLM Ltd.1.0%
PTC Industries Ltd.0.8%
LMW Ltd.0.7%
Ideaforge Technology Ltd.0.7%
Mishra Dhatu Nigam Ltd.0.6%
Tri-Party Repo (TREPS)0.6%
HBL Engineering Ltd.0.5%
Arvind Ltd.0.5%
Unimech Aerospace and Manufacturing Ltd.0.5%
BEML Ltd.0.4%
Ramkrishna Forgings Ltd.0.4%
Dynamatic Technologies Ltd.0.3%
DCX Systems Ltd.0.2%
JK Paper Ltd.0.2%
Net Current Asset-0.6%
Holdings Concentration
Total covered: 101%
Top 1–5
5 holdings
53.8%
54%
share
Top 6–10
5 holdings
19.9%
20%
share
Top 11–20
10 holdings
19.4%
19%
share
Beyond 20
14 holdings
7.4%
7%
share
Market Cap Classification
Total
100%
allocation
- Large Cap58.9%
- Small Cap25.2%
- Mid Cap16.0%
- Large Cap58.9%
- Small Cap25.2%
- Mid Cap16.0%
Advanced Ratios
| Alpha | 0.18 |
| Beta | 1.10 |
| Sharpe Ratio | 0.06 |
| Sortino Ratio | 0.10 |
| Treynor Ratio | 0.09 |
| Information Ratio | 0.16 |
| Upside Capture | 123.35% |
| Downside Capture | 75.67% |
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: 25/10/2026