HDFC Defence Fund Adds Three Stocks, Raises Holdings in BEL, BEML and Bharat Forge

मुख्य टेकअवे

• HDFC Defence Fund added three new stocks in October, expanding its portfolio from 24 to 27 holdings.
• The fund increased its shareholding in BEL, BEML, Bharat Forge, Tata Motors and Bosch.
• Bharat Electronics remained the largest holding at about 15.63% of NAV.

HDFC Defence Fund expanded its portfolio during October 2026, adding three new companies while increasing exposure to several existing holdings.

The scheme added Bonfiglioli Transmissions, PTC Industries and Tonbo Imaging India during the month, taking the number of stocks in the portfolio to 27 from 24 in September. It did not completely exit any holding or report a reduction in exposure to an existing stock during the period.

Among existing positions, the fund purchased another 30.18 lakh shares of Bharat Electronics, taking its total BEL holding to 4.70 crore shares from 4.40 crore. It added 59,938 BEML shares, increasing the position to 30.10 lakh shares.

The scheme also added approximately 48,000 Bharat Forge shares, 1.42 lakh Tata Motors shares and 13,004 Bosch shares. The new Bonfiglioli Transmissions position comprised 4.55 lakh shares with a reported market value of ₹28.47 crore. It also acquired 23,742 PTC Industries shares and 14.54 lakh shares of Tonbo Imaging India.

Bharat Electronics remained the largest portfolio holding at around 15.63% of NAV. Hindustan Aeronautics accounted for 13.54%, Bharat Forge 11.98% and Solar Industries 10.13%.

Capital goods represented around 54.31% of the portfolio, followed by automobiles and ancillaries at 23.23% and chemicals at 12.47%. By market-cap classification, the scheme held 45.25% in large caps, 22.6% in mid caps and 28.89% in small caps, with the balance classified as other exposure.

HDFC Defence Fund reported assets under management of around ₹11,130 crore for October. The scheme is benchmarked against the Nifty India Defence TRI and invests predominantly in companies linked to defence and allied businesses.

The latest disclosure reflects changes to the fund's underlying portfolio and should not be interpreted as a recommendation regarding any of the securities held by the scheme.