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The Economic Times
The Economic Times
Surbhi Khanna

HDFC Defence Fund adds Tata Motors, reduces exposure in MTAR Technologies and 1 other in May

HDFC Defence Fund MTAR Technologies Tata Motors Bharat Electronics Bharat Forge Bharat Dynamics Rishabh Instruments Bosch Hindustan Aeronautics Mazagon Dock Shipbuilders

HDFC Defence Fund, the only actively managed fund based on defence sector, added Tata Motors in its portfolio as a new entrant in May and reduced its exposure in MTAR Technologies and one other stock in the same period, according to the portfolio disclosed on ACE MF.

The defence sector based fund added 5 lakh shares of Tata Motors in its portfolio worth market value of Rs 18.97 crore. It further reduced its exposure in MTAR Technologies and Rishabh Instruments from its portfolio.

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