Motilal Oswal Nifty India Defence Index Fund Direct Growth

Motilal Oswal Nifty India Defence Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Motilal Oswal Mutual Fund. This scheme was made available to investors on 29 Dec 2009. Swapnil P Mayekar is the Current Fund Manager of Motilal Oswal Nifty India Defence Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,38,060 Cr and the Latest NAV as of 12 Dec 2025 is ₹9.92. The Motilal Oswal Nifty India Defence Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. Exit load of 1%, if redeemed within 15 days. ;

Investment Objective

The scheme seeks 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. ;