India, May 12 -- The expansion of India's defense sector through increasing government expenditures and self-reliance programs has created strong demand for defense-themed index funds. The passive investment funds provide investors with straightforward access to a rapidly developing thematic investment opportunity. These two funds share the same defense index as their tracking basis, but they differ in their expense ratio, AUM size, and exit load structure.

1. Motilal Oswal Nifty India Defence Index Fund NAV: 12.17 AUM: 4,690.22 Cr Expense Ratio: 0.52% Exit Load: 1% (within 15 days) Performance Snapshot 1-Year Return: 36.5% Category Comparison (1-Year) 1-Year Return: 36.5% Category Average (Equity Thematic): 1.7% Outperformance: +34.8 p...