Aditya Birla Sun Life Nifty India Defence Index Fund is a thematic index fund focused on investing in companies that are part of the Nifty India Defence Index. This index comprises companies primarily involved in defense and allied activities within India. The fund aims to replicate the performance of this index, providing investors with exposure to the defense sector, which is expected to grow due to increased government spending, policy support, and the emphasis on indigenization. Key Features: Fund Category: Thematic-Defense, Index Fund Benchmark: Nifty India Defence Index Investment Objective:…
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