HDFC Defence Fund, the only actively managed fund based on the defence sector, increased its stake in Hindustan Aeronautics, Mazagon Dock, Bharat Electronics and seven other stocks in the month of September, according to the monthly data release by ACE MF.
The fund added 1 lakh shares of Hindustan Aeronautics in its portfolio and had 31.05 lakh shares in September compared to 30.05 lakh shares in the previous month. The fund added 48,000 shares of Mazagon Dock Shipbuilders to its portfolio and had 17.25 lakh shares in its portfolio.