The Economic Times

HDFC Defence Fund increase stake in HAL, Mazagon Dock, Bharat Electronics and 7 others in September

HDFC Defence Fund increased its holdings in 10 stocks in September, including Hindustan Aeronautics, Mazagon Dock Shipbuilders and Bharat Electronics, according to ACE MF data. The fund also raised exposure to Bharat Forge, Eicher Motors and Tata Motors. However, it underperformed its benchmark over the three-year period despite stronger shorter-term returns.