HDFC Defense Fund: Why is HDFC closing this fund which gave 120% return in 1 year?

Defense stocks: Thinking of investing in defense stocks? Confused about which ones to choose? HDFC Mutual Fund offers a solution with its HDFC Defense Fund, investing in the best defense companies in the country. This funds was launched on June 2, 2023. The fund has delivered impressive returns, providing investors with a gain of 123.33% since inception and 132.73% in the past year. As of July 10, 2024, the Net Asset Value (NAV) of the fund stood at Rs 24.88 per unit. For comprehensive details, watch the full video to learn more about how HDFC Defense Fund can be a strategic investment choice in the defense sector.