HDFC AMC and other leading asset managers heavily invested in Jubilant Bhartia Group’s NCDs, which aimed to raise ₹5,650 crore for acquiring a stake in Hindustan Coca-Cola Holdings. The bond offerings were oversubscribed, indicating strong investor confidence. The issues, priced at 8.66% and 8.79% respectively, attracted major players like Nippon India and Franklin Templeton.
HDFC Defence Fund among 13 equity MFs that delivered over 4% returns last week. Check top 5
Of the 614 funds analysed, 576 posted positive returns, one remained flat, and 37 delivered negative returns.