HDFC Balanced Advantage Fund reduces stakes in major stocks
pre-market1 source ↓written by the desknot a recommendation
- Added
- 1.50 crore shares
HDFC Balanced Advantage Fund, the second-largest mutual fund, cut stakes in HDFC Bank, M&M, HAL, and 15 other stocks in January. The fund exited 13 stocks entirely and added seven new ones, with a significant focus on the pharmaceutical and biotechnology sectors.
Key Points:
• Reduced stakes in Coal India, Kotak Mahindra Bank, ICICI Bank
• Increased holdings in HPCL, Whirlpool, RIL
• Added 1.50 crore shares of GAIL (India)
Not investment advice. For informational purposes only.