HDFC Defence Fund, the only actively managed fund based on the defence sector, increased its stake in Mazagon Dock, Tata Motors and three other stocks in June, according to the monthly portfolio disclosed by ACE MF.
The fund added 1.39 lakh shares of Mazagon Dock Shipbuilders and had 12.89 lakh shares in its portfolio in June compared to 11.50 lakh in May. It added nearly 6 lakh shares of Tata Motors and had 11 lakh shares in June.