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%.
Ather Energy IPO to open for subscription as GMP stays weak. Should you bid?
Ather Energy’s IPO opens today, aiming to raise ₹2,981 crore through fresh equity and an offer for sale, where promoters and investors like Tiger Global