Motilal Oswal Nifty India Defence ETF
MODEFENCE
- Price
- ₹99.80
- 1D
- -1.42%
- 1W
- +2.26%
- 1Y
- +13.72%
Day low ₹99.37Day high ₹101.80
- Tracks
- Nifty India Defence
- iNAV
- ₹101.10
- NAV, 16 Oct 2026
- ₹100.15
- Premium / discount
- -1.29%
- 52W range
- ₹77.80 – ₹112.00
- Expense ratio
- 0.40%
- AUM
- ₹1,370 Cr
- Liquidity
- High
- AMC
- Motilal Oswal Mutual Fund
- Listed
- 2024
Tax on gains
- Sold within 1 year
- 20% of the gain
- Sold after 1 year
- 12.5% of the gain above ₹1.25 lakh
Rules for FY 2026-27. All rules
About this ETF
This ETF tracks the Nifty India Defence index, which holds companies that make weapons, aircraft, ships, and military equipment for India. It was created to ride India's push to build its own defence industry.
Top 10 holdings
- Bharat Electronics25.64%
- Hindustan Aeronautics25.55%
- Solar Industries India11.64%
- Mazagon Dock Shipbuilders8.55%
- Bharat Forge7.59%
- Bharat Dynamics4.23%
- Cochin Shipyard3.73%
- Garden Reach Shipbuilders & Engineers2.79%
- Data Patterns India1.83%
- MTAR Technologies1.59%