Axis Nifty India Defence Index Fund Regular Growth is a mutual fund scheme from Axis Asset Management Company Limited. The fund was launched on 29 April 2026 and is managed by Nandik Malik and Rohit Gautam. As of 15 October 2026, the fund has an AUM of ₹367.59 Cr and its latest NAV is ₹10.16. The fund has a Very High Risk risk rating.
The fund allows minimum SIP of ₹100 and lumpsum investment starting from ₹100.
The fund primarily invests in Industrials, Basic Materials, and Technology and its top holdings include Bharat Electronics Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Bharat Forge Ltd, Solar Industries India Ltd, and MTAR Technologies Ltd. The fund has delivered 2.6% annualised returns since inception.
Axis Nifty India Defence Index Fund Regular Growth may be suitable for investors looking for long-term wealth creation and who are comfortable with Very High Risk risk.






