HDFC Defence Fund, the only actively managed fund based on the defence sector, increased its stake in Hindustan Aeronautics (HAL), Bharat Electronics and six other stocks in April, according to the monthly portfolio data by ACE MF.
According to the data, the fund added 1.75 lakh shares of HAL to its portfolio and had total shares of around 27.25 lakh in the April portfolio compared to 25.50 lakh shares in March. Around nine lakh shares of Bharat Electronics were added to the portfolio and the fund had a total 3.50 crore shares in its portfolio in April compared to 3.41 crore in March.