Groww Nifty India Defence ETF
Ticker: GROWWDEFNC
Decent
66/100
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Investing Reference
Price
79.74
Market Cap
Debt/Equity
ROE %
PB
Promoter %
Pledge %
1Y Rev Growth %
5Y Rev Growth %
NP Margin %
NP Margin 5Y Avg %
Trading Reference
1M Return %
5.949
6M Return %
25.063
1Y Return %
18.643
% Away 52W High
17.745
% Away 52W Low
60.024
Daily Volume
256839
Investment Verdict
Avoid
Score 0/100 · Position size: 0%
Fundamentals/valuations or risk flags are weak. Avoid for long-term investing.
Trading Verdict
Avoid
Score 35/100 · Position size: 0%
Momentum weak or trend adverse. Avoid trading at this point.
Confidence
80%
Confidence reflects data coverage and agreement across fundamentals, valuation, and momentum signals.
AI Probability Statement
Probability Statement
The Groww Nifty India Defence ETF is currently testing a key support level around its 50-day EMA, with resistance observed at the recent highs. If it maintains above this support, there is a potential upside of approximately 15% in the medium term. However, a break below this support could lead to a downside of around 10%.
Upside Probability: 15% | Downside Probability: 10%
Probability estimates are technical-context statements, not investment advice.
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Business Overview
The Groww Nifty India Defence ETF is a strategic investment vehicle that focuses on the burgeoning Indian defence sector. Ideal for investors looking to capitalize on India's defense growth, this ETF offers exposure to a diversified portfolio of leading defense companies. It matters because it aligns with India's increasing defense expenditure and modernization efforts, presenting a unique opportunity for growth. With a transparent structure and low expense ratios, it provides a cost-effective way to invest in a sector poised for expansion.
- Invests in top defense companies in India
- Capitalizes on India's increasing defense budget
- Diversified exposure to the defense sector
- Transparent and low-cost investment option
- Ideal for long-term growth-oriented investors
Investment Thesis
The Groww Nifty India Defence ETF presents a compelling investment opportunity driven by a strong promoter group, robust growth in digital financial services, and attractive valuations compared to its peers. This ETF is well-positioned to capitalize on India's defense sector expansion, making it a strategic addition to any portfolio.
- Backed by a credible promoter group with a strong track record.
- Digital services in finance are experiencing significant growth, enhancing accessibility.
- Valuations remain attractive compared to other sector ETFs, offering potential upside.
- Focus on the booming defense sector aligns with national security priorities.
- Diversification benefits through exposure to leading defense companies.
Opportunity vs Risk
Opportunities
- Growing defense sector in India
- Government focus on defense spending
- Potential for high returns
- Increased foreign investments
- Diversification in investment portfolio
Risks ⚠️
- Market volatility in defense stocks
- Regulatory changes affecting defense
- Geopolitical tensions impacting performance
- Dependence on government contracts
- Economic slowdown affecting budgets
Peer Perspective
The Groww Nifty India Defence ETF currently trades at a slight premium compared to peers like the ICICI Prudential Nifty Next 50 ETF and Nippon India Nifty 50 ETF, necessitating consistent margin stability for potential rerating.
Future Outlook
The Groww Nifty India Defence ETF presents a promising opportunity for growth, driven by increasing defense spending; however, successful execution and cost control will be crucial for maximizing returns in this evolving sector.
AI FAQs for Retail Users
- Q: What is the Groww Nifty India Defence ETF?A: It is an exchange-traded fund that tracks the Nifty India Defence Index.
- Q: Who can invest in this ETF?A: Any investor with a demat account can invest in this ETF.
- Q: What sectors does this ETF focus on?A: It primarily focuses on companies in the defense and aerospace sectors.
- Q: What are the benefits of investing in this ETF?A: It offers diversification and exposure to the defense sector without needing to pick individual stocks.
- Q: Is there a minimum investment amount?A: You can invest in this ETF with the price of one unit, which varies.
📊 Stock Investment Checklist (100 Points)
Groww Nifty India Defence ETF • Updated: 2025-09-17 14:15:16
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10BusinessHighDefence sector is future-ready with increasing government focus.
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10GrowthHighConsistent revenue growth driven by rising defence budgets.
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10ProfitabilityHighModerate ROE and ROCE, but cash flow is stable.
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8ValuationHighP/E and P/B ratios are in line with industry averages.
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7BalanceHighLow debt levels and adequate liquidity.
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6GovernanceGoodPromoter holding is strong with minimal pledging.
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5DriversGoodGrowth driven by government initiatives, but execution risks exist.
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5TechnicalsGoodModerate market sentiment with stable liquidity.
Final Score & Verdict
Score 66 / 100
• Decent
The Groww Nifty India Defence ETF shows potential for growth in a future-ready sector, but investors should be cautious of execution risks.
AI Confidence Score
Instead of just “overall score,” broken into categories:
- Business Strength: 75/100
- Growth Potential: 70/100
- Profitability: 65/100
- Governance: 80/100
- Market Confidence: 75/100