Defence Index Fund: Start investment with Rs 500 - Check open, close dates and other details

Motilal Oswal Nifty India Defence Index Fund, Mutual Fund NFO: This is an open-ended fund that replicates and tracks the total returns of the Nifty India Defense Index. The NFO is now open and will close on June 24, 2004. 

Motilal Oswal Nifty India Defence Index Fund, Mutual Fund NFO: According to Nomura research, the Defence sector highlights a significant opportunity for India's defence sector, estimating a pipeline of USD138 bn over FY24-FY32F.

Motilal Oswal Nifty India Defence Index Fund, Mutual Fund NFO: According to Motilal Oswal Mutual Fund, one can invest a minimum of Rs 500 in this NFO and multiples of Re 1. 

Motilal Oswal Nifty India Defence Index Fund, Mutual Fund NFO: According to the asset management company, this can be a good option for investors who want long-term capital growth.  The index includes 15 companies which are also part of the Nifty Total Market.

According to Prateek Agrawal, MD & CEO, Motilal Oswal Asset Management Company Ltd said, “India’s strides towards Atmanirbharta (Self-Reliance) in defence are paving the way for significant growth and innovation. With the Motilal Oswal Nifty India Defence Index Fund, we aim to capitalise on the projected $100 billion to $120 billion expansion in the defence sector over the next six years. 

Motilal Oswal Nifty India Defence Index Fund, Mutual Fund NFO: This is not investment advice. Investing in mutual funds is subject to market risks. Consult your advisor before taking any investment decision.