HDFC Defence Fund, the only actively managed fund based on defence sector, added Cochin Shipyard and INDO-MIM in its portfolio as new entrants in July and increased its stake in HAL, Mazagon Dock Shipbuilders and five other stocks in the same period, according to the monthly portfolio disclosed by ACE MF.
The defence sector based fund added 3 lakh shares of Cochin Shipyard worth market value of Rs 42 crore and nearly 3.30 lakh shares of INDO-MIM worth market value of Rs 25 crore in July.