HDFC Mutual Fund increased its stake in Bharat Dynamics Limited from 1.40% to 1.55%, acquiring 563,660 shares, bringing its total to 5,688,770 shares.
A Government of India enterprise engaged in manufacturing guided missiles and advanced defence equipment for the Indian armed forces. Bharat Dynamics specializes in the design, development, and production of a wide range of missile systems and related aerospace technologies. The company serves as a key strategic supplier of defence systems to India's military establishment and plays a vital role in the nation's defence infrastructure.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.
