“Net-net, the price has gone up from the last three years but gradually. We do not want it to go too high, but at the same time we have to see that the bottom line is protected. We are very careful on overheads but there are expenses that need to be also looked at.”
HDFC Defence Fund top performance chart in March with 22% return
HDFC Defence Fund topped equity mutual fund returns in March with 22%. PSU-themed funds followed, with Invesco India PSU Equity Fund and Aditya Birla SL