HDFC Defence Fund increased stakes in ten defense stocks

HDFC Defence Fund increased its stake in 10 stocks in February, including Bharat Electronics (BEL) and Hindustan Aeronautics (HAL). The fund added nearly 14.83 lakh shares of BEL and 1.02 lakh shares of HAL, boosting its total holdings. The fund's total shares of BEL rose to 3.37 crore, up from 3.23 crore in January. It also acquired shares in BEML, Astra Microwave, and other companies, while maintaining its positions in 11 stocks without any reductions. As of February 28, 2025, HDFC Defence Fund holds 21 stocks, with a significant focus on Aerospace and Defence at 49.61%. The fund's assets under management reached Rs 3,880 crore.