HDFC Defence Fund hikes stake in BEML & Solar Industries, adds Centum Electronics in March

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%.