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Motilal Oswal Nifty India Defence Index Fund

An open-ended fund replicating/tracking the Nifty India Defence Total Return Index

  • investedProple:6,48,136

  • fundIcon:/content/dam/motilal-mf/fund-icons/ic_MO_Nifty_India_Defence_Index_Fund.svg

  • nfoReopenDate:09-Jul-2024

  • dateAsOn:31 Mar 2026

  • schDetail:

    • sebiCategory: Index Fund

    • nfoEndDate: 26-Jun-2024

    • exitLoad:

      1%- If redeemed on or before 15 days from the date of allotment.

      Nil- If redeemed after 15 days from the date of allotment

    • CMOTSAMCCode: 38442

    • nfoStartDate: 12-Jun-2024

    • dateOfAllotment: 2024-07-03

    • cmotsGroupCode: MO44927

    • schemeName: Motilal Oswal Nifty India Defence Index Fund

    • fundCategoryCode: IF

    • schcode: DI

  • minamount:

    • 0:

      • minredamt: NULL
      • minsipamt: 500
      • minpuramt: 500
      • minaddpuramt: NULL
      • optioncode: G
      • plancode: GD

    • 1:

      • minredamt: NULL
      • minsipamt: 500
      • minpuramt: 500
      • minaddpuramt: NULL
      • optioncode: G
      • plancode: GP

  • fundsTaggingSection:

    • 0: motilal-oswal-amc:indian-equity-
    • 1: motilal-oswal-amc:sector
    • 2: motilal-oswal-amc:index-funds

  • planList:

    • 0:

      • groupedName: Direct Growth
      • planName: Direct
      • optionCode: G
      • groupedCode: GDG
      • planNameOriginal: Direct Growth
      • planCode: GD
      • sixth_char_name: D
      • optionName: Growth
      • schDetail:
        • fundCategoryCode:
      • cfReferencePath: /content/dam/motilal-mf/content-fragment/plan-code-model-fragment/direct-growth
      • isin: INF247L01CW5
      • amfi_schcode: 152712
      • cmt_schcode: 44927

    • 1:

      • groupedName: Regular-Growth
      • planName: Regular
      • optionCode: G
      • groupedCode: GPG
      • planNameOriginal: Regular Growth
      • planCode: GP
      • sixth_char_name: R
      • optionName: Growth
      • schDetail:
        • fundCategoryCode:
      • cfReferencePath: /content/dam/motilal-mf/content-fragment/plan-code-model-fragment/regular-growth
      • isin: INF247L01CV7
      • amfi_schcode: 152711
      • cmt_schcode: 44928

  • nav:

    • 0:

      • latnav: 9.4635
      • optioncode: G
      • plancode: GD
      • prodcode: DIGD
      • nav_date: 08-Apr-2026
      • nav_amount: 10.5612
      • recdt: 08-Apr-2026
      • navchng: 0.33
      • navchngper: 3.18

    • 1:

      • latnav: 9.3473
      • optioncode: G
      • plancode: GP
      • prodcode: DIGP
      • nav_date: 08-Apr-2026
      • nav_amount: 10.4302
      • recdt: 08-Apr-2026
      • navchng: 0.33
      • navchngper: 3.17

  • returns:

    • 0:

      • oneYear_Ret: 12.85
      • oneYear_marketValue: 11284.610431423052
      • inception_Ret: -3.12
      • inception_marketValue: 9463.5
      • latNavDate: 2026-03-31
      • prodcode: DIGD
      • plancode: GD
      • optioncode: G
      • amfi_schcode: 152712
      • cmt_schcode: 44927
      • isin: INF247L01CW5

    • 1:

      • oneYear_Ret: 12.1
      • oneYear_marketValue: 11210.482130007198
      • inception_Ret: -3.8
      • inception_marketValue: 9347.300000000001
      • latNavDate: 2026-03-31
      • prodcode: DIGP
      • plancode: GP
      • optioncode: G
      • amfi_schcode: 152711
      • cmt_schcode: 44928
      • isin: INF247L01CV7

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Historical Performance

CAGR

planList:

  • 0:

    • groupedName: Direct Growth
    • planName: Direct
    • optionCode: G
    • groupedCode: GDG
    • planNameOriginal: Direct Growth
    • planCode: GD
    • sixth_char_name: D
    • optionName: Growth
    • schDetail:
      • fundCategoryCode:
    • cfReferencePath: /content/dam/motilal-mf/content-fragment/plan-code-model-fragment/direct-growth
    • isin: INF247L01CW5
    • amfi_schcode: 152712
    • cmt_schcode: 44927

  • 1:

    • groupedName: Regular-Growth
    • planName: Regular
    • optionCode: G
    • groupedCode: GPG
    • planNameOriginal: Regular Growth
    • planCode: GP
    • sixth_char_name: R
    • optionName: Growth
    • schDetail:
      • fundCategoryCode:
    • cfReferencePath: /content/dam/motilal-mf/content-fragment/plan-code-model-fragment/regular-growth
    • isin: INF247L01CV7
    • amfi_schcode: 152711
    • cmt_schcode: 44928

  • returns:

    • 0:

      • oneYear_Ret: 12.85
      • oneYear_marketValue: 11284.610431423052
      • inception_Ret: -3.12
      • inception_marketValue: 9463.5
      • latNavDate: 2026-03-31
      • prodcode: DIGD
      • plancode: GD
      • optioncode: G
      • amfi_schcode: 152712
      • cmt_schcode: 44927
      • isin: INF247L01CW5

    • 1:

      • oneYear_Ret: 12.1
      • oneYear_marketValue: 11210.482130007198
      • inception_Ret: -3.8
      • inception_marketValue: 9347.300000000001
      • latNavDate: 2026-03-31
      • prodcode: DIGP
      • plancode: GP
      • optioncode: G
      • amfi_schcode: 152711
      • cmt_schcode: 44928
      • isin: INF247L01CV7

  • bmCode: 2470

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Periodic Returns

Data as on 31 Mar 2026

CAGR
Current value of Investment of ₹10,000

Date of inception: 03-July-2024 In case the start or end date of the concerned period is a non-business day (NBD), the NAV of the previous business day is considered for computation of returns. The NAV per unit shown in the table is as on the start date of the said period. Past performance may or may not be sustained in the future. Future returns are not guaranteed and a loss of original capital may occur. Different plans under the scheme may have different expense structures. The scheme is currently managed by Mr. Swapnil Mayekar, Mr. Dishant Mehta and Mr. Rakesh Shetty.

See other funds managed by the Fund Manager

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Past Performance Calculator

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Motilal Oswal Mid cap fund

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Lumpsum

If you would have invested monthly

If you would have invested

10000

Tenure

10

Invested Amount

1200000

Current Value of Investment

2500000

Return (CAGR)

18

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Disclaimer:

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Why this fund?

Expertise

Backed by a decade of financial expertise, we focus on long-term wealth creation through early investment in promising midcaps.

High Conviction

A focused portfolio of ~35 high-conviction midcap stocks, carefully selected for their unique potential.

Quality and Growth

We prioritize business quality and management strength, guided by our QGLP investment philosophy.

*Based upon our current investment strategy.

Pioneering Growth

A House known for identifying high-growth themes that serve as compounding instruments & stand as formidable wealth creators.

Skin in the Game

Our promoters have invested a substantial ~71772 Cr.*, firmly aligning our interests with yours.

*Data as on 31st January 2024.

Disclaimer: The investment objective of the Scheme is to achieve long term capital appreciation by predominantly investing in equity.

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Fund philosophy from our Team

https://www.youtube.com/embed/9dwc4QysRc4?ref=0

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Pratik Oswal

Chief of Passive Business, Motilal Oswal Nifty India Defence Index Fund

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Portfolio Composition

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Sector Holdings
Stock Holdings

Industry Classification as recommended by AMFI

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    1. Key Facts

    2. Launched on 06 Feb 2024

Investment Objective

  • methodology:

    a) Methodology of calculating sale price

    The price or NAV, an investor is charged while investing in an open-ended scheme is called sale or subscription price. Pursuant to clause 10.4 of SEBI Master Circular No. SEBI /HO/IMD/ IMD-PoD-1 / P/ CIR / 2023/74 dated May 19, 2023, no entry load will be charged by the scheme to the investors. Therefore, Sale or Subscription price = Applicable NAV (for respective plan and option of the scheme)

    b) Methodology of calculating repurchase price of Units:

    Repurchase or redemption price is the price or NAV at which an openended scheme purchases or redeems its units from the investors. It may include exit load, if applicable. The exit load, if any, shall be charged as a percentage of Net Assets Value (NAV) i.e. applicable load as a percentage of NAV will be deducted from the “Applicable NAV” to calculate the repurchase price. Therefore, Repurchase or Redemption Price = Applicable NAV *(1- Exit Load, if any)

    Example: If the Applicable NAV is Rs. 10 and a 2% Exit Load is charged, the Redemption Price per Unit will be calculated as follows: = Rs. 10 * (1- 0.02) = Rs. 10 * (0.98) = Rs. 9.80.

  • indexMethodology:

    The Nifty India Defence Index aims to track the performance of a portfolio of stocks that broadly represent the Defence theme.

  • investmentObjective:

    The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by Nifty India Defence Total Return Index, subject to tracking error.

    However, there can be no assurance or guarantee that the investment objectives of the scheme will be achieved.

  • applicationAmount:

    ₹ 500/- and in multiples of ₹ 1/- thereafter

  • redemptionAmont: ₹ 500/- and in multiples of ₹ 1/- thereafter or account balance, whichever is lower.

  • exitLoad:

    1%- If redeemed on or before 15 days from the date of allotment.

    Nil- If redeemed after 15 days from the date of allotment

  • aum:

    • 0:

      • latestAum: 3697.6332
      • latestAumAsOnDt: 2026-03-31T00:00:00
      • optioncode: G
      • plancode: GD
      • prodcode: DIGD

    • 1:

      • latestAum: 3697.6332
      • latestAumAsOnDt: 2026-03-31T00:00:00
      • optioncode: G
      • plancode: GP
      • prodcode: DIGP

  • portfolioTurnoverRatio: NIL

  • planList:

    • 0:

      • groupedName: Direct Growth
      • planName: Direct
      • optionCode: G
      • groupedCode: GDG
      • planNameOriginal: Direct Growth
      • planCode: GD
      • sixth_char_name: D
      • optionName: Growth
      • schDetail:
        • fundCategoryCode:
      • cfReferencePath: /content/dam/motilal-mf/content-fragment/plan-code-model-fragment/direct-growth
      • isin: INF247L01CW5
      • amfi_schcode: 152712
      • cmt_schcode: 44927

    • 1:

      • groupedName: Regular-Growth
      • planName: Regular
      • optionCode: G
      • groupedCode: GPG
      • planNameOriginal: Regular Growth
      • planCode: GP
      • sixth_char_name: R
      • optionName: Growth
      • schDetail:
        • fundCategoryCode:
      • cfReferencePath: /content/dam/motilal-mf/content-fragment/plan-code-model-fragment/regular-growth
      • isin: INF247L01CV7
      • amfi_schcode: 152711
      • cmt_schcode: 44928

  • benchmark: Nifty India Defence Total Return Index

  • expenseRatioDirect: 0.31

  • benchmarkreturns:

    • 0:

      • type: BM
      • groupName: Nifty 50 TRI (SECONDARY)
      • latNavDate: 2026-03-31
      • latnav: 33655.43
      • oneYear_Ret: -3.989977771489084
      • inception_Ret: -3.710596923494347
      • bmcode: 2006.0

    • 1:

      • type: BM
      • groupName: Nifty India Defence Index TRI (PRIMARY)
      • latNavDate: 2026-03-31
      • bmcode: 2470.0

Minimum Application Amount

₹500/- and in multiples of ₹1/- thereafter

Minimum Redemption Amount

₹500/- then ₹1/- increments, up to account balance

Latest AUM

3697.6332

2026-03-31T00:00:00

Portfolio Turnover Ratio

NIL

Plans

Direct,Regular

Options (Under each plan)

Growth

Benchmark

Nifty India Defence Total Return Index

Total Expense Ratio

0.31

Inception date

2026-03-31

Entry Load

Exit Load Policy

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Our Fund Managers

Managing this fund since

Total AUM

  • schDetail

    • sebiCategory: Index Fund

    • nfoEndDate: 26-Jun-2024

    • exitLoad:

      1%- If redeemed on or before 15 days from the date of allotment.

      Nil- If redeemed after 15 days from the date of allotment

    • CMOTSAMCCode: 38442

    • nfoStartDate: 12-Jun-2024

    • dateOfAllotment: 2024-07-03

    • cmotsGroupCode: MO44927

    • schemeName: Motilal Oswal Nifty India Defence Index Fund

    • fundCategoryCode: IF

    • schcode: DI

  • fundManager:

    • 0:

      • picture: /content/dam/motilal-mf/fund-manager/mr-swapnil-mayekar.png

      • type: MF

      • designation: Fund Manager

      • description:

        Swapnil has over 12 years of experience in the fund management and product development.

        Motilal Oswal Asset Management Company Ltd. from March 2010 onwards.

        Business Standard, Research Associate from August 2005 to February 2010.

      • fundManagerName: Swapnil Mayekar

      • dropdownField: MF

      • cfReferencePath: /content/dam/motilal-mf/content-fragment/fund-manager/swapnil-mayekar

    • 1:

      • picture: /content/dam/motilal-mf/fund-manager/mr-rakesh-shetty.png

      • type: MF

      • designation: Fund Manager/Dealer

      • description:

        Mr. Rakesh Shetty has more than 13 years of overall experience and expertise in trading in equity, debt segment, Exchange Trade Fund’s management, Corporate Treasury and Banking. Prior to joining Motilal Oswal Asset Management Company Limited, he has worked with Company engaged in Capital Market Business wherein he was in charge of equity and debt ETFs, customized indices and has also been part of product development.

      • fundManagerName: Rakesh Shetty

      • dropdownField: MF

      • cfReferencePath: /content/dam/motilal-mf/content-fragment/fund-manager/rakesh-shetty

    • 2:

      • picture: /content/dam/motilal-mf/fund-manager/mr-dishant-mehta.png

      • type: MF

      • designation: Manager, Associate Fund Manager and Passive Dealer

      • description:

        Mr. Dishant Mehta has more than 11 years of experience and expertise in Financial markets across different segment -Equities, Derivatives, Commodities and Currencies. Managed Institutional and Foreign Portfolio Investment clients. Prior to joining Motilal Oswal Asset Management Company, Mr. Mehta has worked with Emkay Global Financial Services Limited, Anand Rathi Shares & Stock Brokers Limited, Kotak Securities Limited and Angel Broking Limited.

      • fundManagerName: Dishant Mehta

      • dropdownField: MF

      • cfReferencePath: /content/dam/motilal-mf/content-fragment/fund-manager/dishant-mehta

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Downloads

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Frequently Asked Questions

What is the Nifty India Defence Index Fund?

The Nifty India Defence Index Fund is an investment fund that tracks the performance of the Nifty India Defence Index, which comprises top companies in the Indian defence sector. The fund provides investors with an opportunity to gain exposure to this strategically important and rapidly growing industry.

Why should I invest in the Nifty India Defence Index Fund?

Investing in the Nifty India Defence Index Fund allows you to:

  • Benefit from the robust growth of the defence sector.
  • Gain exposure to companies with strong government support and favourable policy initiatives.
  • Invest in a sector with technological innovation and resilience against economic downturns.
  • Align your portfolio with the nation's strategic priorities.

How does the Nifty India Defence Index Fund differ from the Nifty 50 Index Fund?

While the Nifty 50 Index Fund provides broad exposure to the top 50 companies across various sectors in India, the Nifty India Defence Index Fund is focused exclusively on the defence sector. This specialized approach offers targeted growth potential and strategic investment opportunities that are not available through the broader Nifty 50 Index.

What are the risks associated with investing in the Nifty India Defence Index Fund?

As with any investment, there are risks involved. The primary risks include:

  • Sector-specific risk: The fund's performance is closely tied to the defence sector, which can be affected by changes in government policy, defence spending, and geopolitical factors.
  • Market risk: The value of your investment can fluctuate based on market conditions and economic factors.
  • Liquidity risk: Some defence companies may have lower liquidity, which could impact the fund's ability to buy or sell shares.

How can I invest in the Nifty India Defence Index Fund?

You can invest in the Nifty India Defence Index Fund through our website or by contacting our customer service team. We offer various investment options, including lump-sum investments and systematic investment plans (SIPs), to suit your financial goals and preferences.

How often is the Nifty India Defence Index reviewed and rebalanced?

The Nifty India Defence Index is reviewed and rebalanced semi-annually to ensure it accurately reflects the performance of the defence sector. This process involves adjusting the composition of the index based on the latest market data and company performance.

Who should consider investing in the Nifty India Defence Index Fund?

The Nifty India Defence Index Fund is suitable for investors who:

  • Seek exposure to a high-growth sector with strategic importance.
  • Are looking for a diversified investment within the defence industry.
  • Have a long-term investment horizon and can tolerate sector-specific risks.
  • Wish to align their investment portfolio with national security and technological advancements.

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*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

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