Nippon India Taiwan Equity Fund vs HDFC Defence Fund
Nippon India Taiwan Equity Fund (Direct) and HDFC Defence Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Sectoral/ Thematic schemes — see the best sectoral & thematic mutual funds for the full ranking.
Head to head
NAVs as of 05 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 02 Jun 2023 – 05 Oct 2026, limited by HDFC Defence Fund. Every series is rebased to ₹100 at the start of this window. Benchmark lines are the category index WealthTicker measures against, which is not always the benchmark the scheme itself declares — the fund page’s Scheme Info names that one.
View as table
| Date | Nippon India Taiwan Equity Fund | HDFC Defence Fund | Nifty 500 TRI |
|---|---|---|---|
| 02 Jun 2023 | ₹100.00 | ₹100.00 | ₹100.00 |
| 12 Sep 2023 | ₹101.83 | ₹118.42 | ₹110.84 |
| 23 Dec 2023 | ₹110.90 | ₹149.30 | ₹121.38 |
| 02 Apr 2024 | ₹129.73 | ₹173.76 | ₹131.44 |
| 13 Jul 2024 | ₹137.56 | ₹249.11 | ₹148.01 |
| 23 Oct 2024 | ₹143.49 | ₹209.14 | ₹146.82 |
| 02 Feb 2025 | ₹144.08 | ₹201.89 | ₹139.15 |
| 14 May 2025 | ₹138.45 | ₹228.45 | ₹145.58 |
| 24 Aug 2025 | ₹171.96 | ₹239.36 | ₹149.22 |
| 04 Dec 2025 | ₹209.62 | ₹241.38 | ₹154.60 |
| 16 Mar 2026 | ₹286.66 | ₹242.16 | ₹140.45 |
| 25 Jun 2026 | ₹448.77 | ₹301.26 | ₹151.48 |
| 05 Oct 2026 | ₹467.69 | ₹302.71 | ₹144.40 |
Portfolio overlap (same stocks held through more than one fund)
Some overlap is structural: SEBI defines large cap as the top 100 stocks by market capitalisation, so two large-cap funds are fishing the same pond by regulation. The bands below are measured per sleeve pairing rather than against one blanket threshold. How this is measured →
- 31 stocks only in Nippon India Taiwan Equity Fund
- 0 stocks in both — 0.0% of each portfolio by weight
- 24 stocks only in HDFC Defence Fund
The more the circles overlap, the more the funds hold the same stocks.
Nippon India Taiwan Equity Fund and HDFC Defence Fund share 0% of their equity book by weight.
| Metric | Nippon India · Direct NAV ₹40.53 Very High risk ★★★★☆ | HDFC · Direct NAV ₹30.30 Very High risk ★★★★☆ | Category median Sectoral/ Thematic · 256 funds |
|---|---|---|---|
| +128.11%Best in row | +20.18% | +1.09% | |
| +63.78%Best in row | +36.05% | +13.34% | |
| +34.47% | +39.28% | +12.52% | |
| +59.12%Best in row | +28.50% | — | |
| +36.65% | +40.08%Best in row | +17.21% | |
| Risk | |||
| 36.09% | 25.92%Best in row | 15.60% | |
| 1.59Best in row | 1.14 | 0.43 | |
| 2.37Best in row | 1.57 | 0.59 | |
| -44.77% | -34.54% | -23.01% | |
| — | Nifty 500 TRI | — | |
| — | +23.51% | +3.58% | |
| — | 1.57 | 0.96 | |
| — | 201.6% | 105.2% | |
| — | 117.4% | 92.9% | |
| 1.06% | 0.89%Best in row | 1.15% | |
| ₹1,110Cr | ₹9,371Cr | ₹1,090Cr | |
| ₹2.02K | ₹100 | — | |
| 71% | 10% | 51% | |
| Kinjal Desai | Rahul Baijal · 1.5y | — | |
| 14 Dec 2021 | 02 Jun 2023 | — | |
| 31 | 24 | — | |
| 46.4% | 79.7% | — | |
| 9.4% | 1.9% | — | |
7 rows carry the same value for every fund — show
- 5Y return (CAGR)
- —
- 10Y return (CAGR)
- —
- 5Y rolling avg
- —
- 10Y rolling avg
- —
- Exit load
- 1.00%
- Lock-in
- None
- Min SIP
- ₹100
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Nippon India Taiwan Equity Fund or HDFC Defence Fund?
Over the last 3 years, Nippon India Taiwan Equity Fund returned +63.78% CAGR against HDFC Defence Fund's +36.05%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — Nippon India Taiwan Equity Fund or HDFC Defence Fund?
HDFC Defence Fund has the lower expense ratio: Nippon India Taiwan Equity Fund charges 1.06% a year against HDFC Defence Fund's 0.89%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Nippon India Taiwan Equity Fund or HDFC Defence Fund?
Nippon India Taiwan Equity Fund has shown higher volatility (+36.09% annualized vs HDFC Defence Fund's +25.92%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Nippon India Taiwan Equity Fund -37.58% vs HDFC Defence Fund -34.54%.
Which fund manages more money — Nippon India Taiwan Equity Fund or HDFC Defence Fund?
HDFC Defence Fund is the larger fund: Nippon India Taiwan Equity Fund manages ₹1,110Cr against HDFC Defence Fund's ₹9,371Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Nippon India Taiwan Equity Fund and HDFC Defence Fund in the same category?
Yes — both are Sectoral/ Thematic schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.