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 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 02 Jun 2023 – 20 Aug 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 |
|---|---|---|---|
| 02 Jun 2023 | ₹100.00 | ₹100.00 | ₹100.00 |
| 08 Sep 2023 | ₹106.07 | ₹125.03 | ₹110.60 |
| 15 Dec 2023 | ₹110.15 | ₹148.48 | ₹121.09 |
| 22 Mar 2024 | ₹130.20 | ₹161.76 | ₹126.46 |
| 28 Jun 2024 | ₹135.80 | ₹236.80 | ₹142.68 |
| 04 Oct 2024 | ₹132.99 | ₹213.76 | ₹148.85 |
| 10 Jan 2025 | ₹142.22 | ₹205.03 | ₹137.87 |
| 17 Apr 2025 | ₹109.44 | ₹205.93 | ₹137.13 |
| 24 Jul 2025 | ₹160.86 | ₹244.88 | ₹147.37 |
| 30 Oct 2025 | ₹209.19 | ₹253.36 | ₹150.79 |
| 05 Feb 2026 | ₹239.16 | ₹242.00 | ₹148.07 |
| 14 May 2026 | ₹438.31 | ₹283.63 | ₹143.02 |
| 20 Aug 2026 | ₹419.82 | ₹315.70 | ₹148.71 |
| Metric | Nippon India · Direct NAV ₹36.39 Very High risk ★★★★☆ | HDFC · Direct NAV ₹31.60 Very High risk ★★★★☆ | Category median Sectoral/ Thematic · 252 funds |
|---|---|---|---|
| +148.38%Best in row | +32.71% | +7.23% | |
| +59.09%Best in row | +41.54% | +16.94% | |
| +32.46% | +42.95%Best in row | +14.07% | |
| +56.15%Best in row | +33.57% | — | |
| +33.68% | +42.40%Best in row | +17.59% | |
| Risk | |||
| 35.83% | 25.93%Best in row | 15.69% | |
| 1.47Best in row | 1.35 | 0.52 | |
| 2.17Best in row | 1.86 | 0.73 | |
| -44.77% | -34.54%Best in row | -23.08% | |
| — | Nifty 500 | — | |
| — | +21.68% | +4.66% | |
| — | 1.61 | 0.96 | |
| — | 193.2% | 109.1% | |
| — | 111.0% | 91.0% | |
| 1.13% | 0.89%Best in row | 1.14% | |
| ₹1,110Cr | ₹9,371Cr | ₹1,161Cr | |
| ₹500 | ₹123 | — | |
| 86% | 11% | 45% | |
| Kinjal Desai | Dhruv Muchhal | — | |
| 14 Dec 2021 | 02 Jun 2023 | — | |
| — | 22 | — | |
| — | 80.7% | — | |
| 11.7% | 2.2% | — | |
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 +59.09% CAGR against HDFC Defence Fund's +41.54%, 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 1.13% 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 (+35.83% annualized vs HDFC Defence Fund's +25.93%), 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.