HDFC Defense Fund is a mutual fund focused on the defense sector. The fund has doubled investors' money in nine months. That is, this fund has given a return of 102.26% in the last 9 months.
HDFC Defense Fund
The scheme has returned approximately 38.87% in the last three months and approximately 55.16% in the last six months. In the last year, the scheme has given a return of 130.44%.
That is, an investor, from the inception of the fund to Rs. 10,000 monthly SIP, the investment would now be Rs. 2.28 lakhs.
Since the inception of this fund, investors have invested Rs. 1 lakh initial total investment now Rs. 2.45 lakhs, which sees a CAGR of 122.95% compound annual growth rate.
Motilal Oswal Fund
In this context, Motilal Oswal Mutual Fund recently launched its index fund based on the security sector.
Motilal Oswal Nifty India Defense Index Fund is India's first index fund with exposure to defense stocks listed in India. The fund aims to provide investors with an opportunity to participate in the growth potential of the defense sector.
The fund is an open-ended fund against Nifty India Defense Index TRI, managed by Swapnil Mayekar and Rakesh Shetty.
The minimum application amount for this scheme is Rs. 500 and thereafter Rs. Can invest in multiples of 1.
Disclaimer: Mutual fund scheme investments are subject to market risks. So read all the documents and terms related to the scheme carefully. The above data is only past earnings; It in no way guarantees current earnings.
“Get all Read Read news instantly on Telegram app
