Bharat Electronics Limited
Nippon India Mutual Fund added over 1.05% of Bharat Electronics in the quarter and now holds 2.05%, representing 15,00,46,615 shares.
A defence electronics manufacturer incorporated in 1954, Bharat Electronics Limited designs, manufactures, and supplies advanced electronic equipment and systems for India's defence sector. The company operates multiple production facilities across different regions and maintains a selective presence in civilian markets. Its core expertise encompasses defence-grade electronics, radar systems, and integrated defence solutions for military applications.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.