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The Economic Times
The Economic Times
Surbhi Khanna

Defence mutual funds surge up to 25% in a month. Should you invest now or wait for a correction?

Vishal Dhawan ETF HDFC Defence Fund ETMutualFunds

With defence sector based mutual funds offering up to 25% return in the last one month, market experts say that investors should avoid chasing sharp rally in such a short period and the surge was driven by geopolitical tensions and war related activities.

Vishal Dhawan, Founder & CEO, Plan Ahead Wealth Advisors told ETMutualFunds that investors should avoid chasing a sharp one-month rally based on momentum and the recent surge in defence-related funds was largely driven by geopolitical tensions and war-related activities.

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