HDFC Defence Fund, the defence sector’s only actively managed scheme, increased its holdings in Hindustan Aeronautics (HAL) and Bharat Electronics during April. The fund also raised stakes in six other companies, including Aequs, while trimming exposure to Rishabh Instruments. Despite the reshuffle, its portfolio stayed steady at 22 stocks across sectors.
HDFC Mutual Fund has updated rules for its HDFC Defence Fund. It raised the minimum investment amount required for fresh SIP registrations. The fund also capped new STP registrations at ₹25,000 per month per investor at the PAN level, with the facility available only on a monthly frequency from May 4.
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