Invesco India Nifty India Defence Index Fund vs Motilal Oswal Nifty India Defence ETF
Invesco India Nifty India Defence Index Fund and Motilal Oswal Nifty India Defence ETF are both Nifty India Defence Index Funds & ETFs. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs —, 5-year CAGR — vs —, volatility — vs 35.48%, maximum drawdown — vs −27.56%.
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Invesco India Nifty India Defence Index | Motilal Oswal Nifty India Defence ETF | |
|---|---|---|
| Fund house | Invesco Mutual Fund | Motilal Oswal Mutual Fund |
| Compared as | Nifty India Defence Index Funds & ETFs | Nifty India Defence Index Funds & ETFs |
| NAV | — | ₹98.0063 |
| NAV date | — | 6 Nov 2026 |
| Launched (first NAV) | — | 27 Aug 2024 |
| Track record | — | 2.2 yrs |
| Fund size (AUM) | — | ₹1,289 Cr |
| Securities held | — | 22 |
| Portfolio as of | Not disclosed yet | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Invesco India Nifty India Defence Index | Motilal Oswal Nifty India Defence ETF | |
|---|---|---|
| 1 month | — | −3.12% |
| 3 months | — | −8.27% |
| 6 months | — | −4.97% |
| 1 year | — | +13.25% |
| 3 years (CAGR) | — | — |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | — | +11.84% |
| SIP return (XIRR, 5 years) ⓘ | — | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Invesco India Nifty India Defence Index | Motilal Oswal Nifty India Defence ETF | |
|---|---|---|
| 2026 (year to date) | — | +15.38% |
| 2025 | — | +19.48% |
Risk
| Invesco India Nifty India Defence Index | Motilal Oswal Nifty India Defence ETF | |
|---|---|---|
| Volatility (annualised) ⓘ | — | 35.48% |
| Downside volatility ⓘ | — | 19.97% |
| Sharpe ratio ⓘ | — | 0.15 |
| Sortino ratio ⓘ | — | 0.27 |
| Maximum drawdown ⓘ | — | −27.56% |
| Recovery from that fall | — | 2 months |
| Current fall from peak | — | −10.76% |
| Rolling 1-year return: worst | — | −0.02% |
| Rolling 1-year return: median | — | +20.25% |
| Rolling 1-year return: best | — | +59.68% |
| Share of 1-year periods with a loss | — | 0.34% |
Against each fund's benchmark
| Invesco India Nifty India Defence Index | Motilal Oswal Nifty India Defence ETF | |
|---|---|---|
| Beta ⓘ | — | 1.80 |
| Alpha (Jensen's, annualised) ⓘ | — | +27.21% |
| R² ⓘ | — | 56.40 |
| Upside capture | — | 252.02% |
| Downside capture | — | 134.63% |
| Tracking error | — | 26.76% |
| Information ratio | — | 0.57 |
| Treynor ratio | — | 2.62 |
Portfolio
Invesco India Nifty India Defence Index Fund has no usable portfolio disclosure on file yet, so portfolio comparisons are shown only where available.
Asset mix
| Invesco India Nifty India Defence Index | Motilal Oswal Nifty India Defence ETF | |
|---|---|---|
| Equity | — | 99.95% |
| Cash & equivalents | — | 0.05% |
Market-cap split (share of fund assets)
| Invesco India Nifty India Defence Index | Motilal Oswal Nifty India Defence ETF | |
|---|---|---|
| Large Cap | — | 51.52% |
| Mid Cap | — | 22.94% |
| Small Cap | — | 25.49% |
| Unclassified | — | 0.00% |
Concentration
| Invesco India Nifty India Defence Index | Motilal Oswal Nifty India Defence ETF | |
|---|---|---|
| Top 10 holdings | — | 85.34% |
| Effective number of stocks ⓘ | — | 8.4 |
| Securities held | — | 22 |
Top 10 holdings
Invesco India Nifty India Defence Index
Not disclosed yet.
Motilal Oswal Nifty India Defence ETF
- Bharat Electronics Limited19.95%
- Hindustan Aeronautics Limited19.67%
- Bharat Forge Limited13.27%
- Solar Industries India Limited11.90%
- MTAR Technologies Limited4.21%
- Mazagon Dock Shipbuilders Limited3.98%
- Astra Microwave Products Limited3.44%
- Data Patterns (India) Limited3.23%
- Cochin Shipyard Limited3.15%
- Bharat Dynamics Limited2.54%
Sector exposure
| Invesco India Nifty India Defence Index | Motilal Oswal Nifty India Defence ETF | |
|---|---|---|
| Aerospace & Defense | — | 60.23% |
| Auto Components | — | 13.27% |
| Chemicals & Petrochemicals | — | 11.90% |
| Industrial Manufacturing | — | 8.45% |
| Electrical Equipment | — | 4.21% |
| Agricultural, Commercial & Construction Vehicles | — | 1.89% |
Questions people ask
What is the difference between Invesco India Nifty India Defence Index and Motilal Oswal Nifty India Defence ETF returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return — vs +13.25%; 3-year CAGR — vs —; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Invesco India Nifty India Defence Index and Motilal Oswal Nifty India Defence ETF compare on risk?
Volatility (36 monthly returns, annualised) — vs 35.48%; Sharpe ratio — vs 0.15; Sortino ratio — vs 0.27; maximum drawdown — vs −27.56%; beta — vs 1.80.
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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All Nifty India Defence Index Funds & ETFs comparisons → · Compare up to six funds yourself → · Every fund in this category → · All comparisons →
Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.