Indian fund outperforming 98% of peers bets on defense stocks
- Posted on April 16, 2026
- By Business News Today
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Indian fund outperforming 98% of peers bets on defense stocks
A $3 billion fund at Kotak Mahindra Asset Management Co. is backing Indian defense stocks, wagering that geopolitical tensions will boost local arms production and support the governments efforts to lower reliance on imports.
