HDFC Defence Fund, India’s only defence sector-focused fund, strategically increased its holdings in BEML and Solar Industries in March. It also introduced Centum Electronics to its portfolio, adding 2.58 lakh shares. While maintaining exposure in 19 stocks, the fund’s asset allocation heavily favors capital goods at 66.76%, followed by chemicals at 15.29%.
Mukesh Ambani’s new energy, AI gamble could unlock $60 billion value for Reliance shareholders
Morgan Stanley projects Reliance Industries’ market value could jump by $60 billion by integrating its new energy business with AI. RIL plans to transform its
July 7, 2025