The Motilal Oswal Nifty India Defence Index Fund is a unique investment offering that provides exposure to India’s growing defence sector. Launched by Motilal Oswal Asset Management Company (MOAMC), this is the first index fund in India focused solely on defence stocks. The fund aims to replicate the performance of the Nifty India Defence Index, which includes 15 top companies involved in defence manufacturing and services​. Key Features: Type: Open-ended index fund. Benchmark: Nifty India Defence Total Return Index. Investment Objective: To provide returns corresponding to the total returns of…
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