Unlock Wealth with Aditya Birla SL Nifty India Defence Index Fund

The Aditya Birla SL Nifty India Defence Index Fund is an investment vehicle focusing on India's defence sector. The fund aims to capitalize on increased defence spending driven by national security threats, military modernization, and government policies supporting local manufacturing. With 12 major defence companies in its portfolio, it offers diversified exposure and potential long-term returns.

The Aditya Birla SL Nifty India Defence Index Fund aims to capitalize on India's rising defence expenditure.

Driven by threats to national security, military modernization, and favoured government policies, India's defence spending has seen significant growth from ₹2.5 lakh crore in 2014 to ₹5.25 lakh crore in 2022.

The fund, which consists of leading defence manufacturers, offers a diversified investment route with potential for high returns, aligning with India's self-reliance vision in defence technology.

(With inputs from agencies.)