Whalesbook
India's defence sector is experiencing rapid growth, driven by domestic production, exports, and government spending. This article compares two investment approaches: the active HDFC Defence Fund and the passive Motilal Oswal Nifty India Defence Index Fund. While the index fund captured the sector's recent rally with higher returns, the active fund offers a concentrated strategy. Investors are advised to view these funds as long-term satellite holdings, prepared for volatility.