Motilal Oswal Nifty India Defence Index Fund Direct Plan Growth

Open Ended Schemes(Other Scheme - Index Funds)Very High Riskvs Nifty India Defence Total Return IndexISIN INF247L01CW5

NAV · 06-Jul-2026

₹12.6358

+6.08%

+23.03%

1Y (CAGR)

+8.18%

3Y (CAGR)

—

5Y (CAGR)

—

Since inception (CAGR)

+8.16%

NAV history

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Risk & SIP analytics

Volatility (3y)

28.76%

Downside dev (3y)

19.10%

Max drawdown (3y)

-38.2%

Calendar-year returns

2025 +19.6%

Vs benchmark — Nifty 50

3y monthly · 24 months of overlap

Beta

1.89

Alpha (p.a.)

+27.33%

Up capture

271.3%

Down capture

130.9%

Correlation

0.71

Fund facts

Fund managerSwapnil Mayekar · Rakesh Shetty · Dishant Mehta

AUM₹48,559 Cr

Expense ratio0.47% · 2026-05-31

TER · AMFI officialDirect 0.47% · Regular 1.06% (2026-06-30)

Launch date13-Jun-2024

Plan typeOpen Ended · Others

Min lumpsum₹500

Min SIP₹500

Lock-inNone

Volatility28.73

AMCMotilal Oswal Asset Management Company Limited

Objective · 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.

scheme documents ↗