HDFC Flexi Cap Fund exits IndusInd Bank and HAL, adds Swiggy in May
HDFC Flexi Cap Fund
, the second-largest
flexi cap fund
by assets under management, made a complete exit from three stocks in May—IndusInd Bank,
Hindustan Aeronautics
(
HAL
), and Indigo Paints—while adding
Swiggy
to its portfolio during the same period.
The fund offloaded approximately 25 lakh shares of
IndusInd Bank
, 15 lakh shares of HAL, and 3.3 lakh shares of
Indigo Paints
during the month. On the other hand, it added 80 lakh shares of Swiggy to its portfolio in May.
Also Read |
Nifty stuck in narrow range. Here's the mutual fund move you need to make now
Best MF to invest
Looking for the best mutual funds to invest? Here are our recommendations.
View
Details
»
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Get Ozempic, Wegovy or Mounjaro at a low price
Medvi
Get Offer
Undo
The second-largest flexi cap fund increased its stake in 13 stocks in May, including
Cipla
,
State Bank of India
,
JSW Steel
,
ONGC
,
Havells India
, PGCI,
Bajaj Auto
,
Sapphire Foods India
,
Piramal Pharma
,
SBI Life Insurance
,
Bank of Baroda
, and
FSN E-Commerce Ventures
.
The fund added 1.58 crore shares of Bank of Baroda, raising its total holding to 3.20 crore shares in May, up from 1.62 crore in April. It also increased its stake in Oil & Natural Gas Corporation (ONGC) by 1.21 crore shares, taking the total to 2.50 crore shares in May from 1.28 crore in April.
Live Events
Additionally, the fund bought 75 lakh shares of State Bank of India and 63.98 lakh shares of FSN E-Commerce Ventures during the month.
Also Read |
Explained: What all Gen-Z should know about mutual funds
Meanwhile, the fund reduced exposure in 12 stocks, including Delhivery, Ashok Leyland, Mahindra & Mahindra, Bosch,
ITC
, Axis Bank, HCL Technologies, Birlasoft, Tech Mahindra, Kalpataru Projects International, Prestige Estates Projects, and InterGlobe Aviation.
Around 20.28 lakh shares of Prestige Estates were sold from the portfolio, followed by 17.28 lakh shares of Tech Mahindra during the same period. The fund also offloaded 13,135 shares of Bosch in the corresponding time frame.
The exposure in 27 stocks remained unchanged in May, including HDFC Bank, Infosys, Kotak Mahindra Bank, Lupin, The Ramco Cements, Reliance Industries, Tata Steel, Escorts Kubota, L&T, Eicher Motors, Apollo Hospitals Enterprises, ICICI Bank, Cyient, and Bharti Airtel.
HDFC Flexi Cap Fund is an open-ended dynamic equity scheme that invests across large-cap, mid-cap, and small-cap stocks. The investment objective of the fund is to generate capital appreciation/income by predominantly investing in equity and equity-related instruments.
The fund is benchmarked against the Nifty 500 Total Returns Index and is managed by Roshi Jain. Launched on January 1, 1995, the scheme had an AUM of Rs 75,784.48 crore as of May 31, 2025.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
28 minutes ago
- Time of India
Uttar Pradesh set to develop Rs 700-crore EV manufacturing park on 500 acres in Kanpur
The Uttar Pradesh government on Monday said it is set to establish Kanpur as a major hub for electric vehicle (EV) manufacturing with an investment of around Rs 700 crore. Under the Kanpur Metropolitan Development Vision - 2030, Uttar Pradesh State Industrial Development Authority (UPSIDA) will develop a cutting-edge EV park over 500 acres near Bhimsen along the dedicated freight corridor, according to an official statement. "With an estimated cost of Rs 700 crore, the project will be executed under the Public-Private Partnership (PPP) model and is poised to position Kanpur as a key player in India's EV ecosystem," the statement said. Play Video Play Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 30:17 Loaded : 1.69% 00:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 30:17 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Ads By Google Ad will close in 28 Skip ad in 3 Skip Ad by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like I Replaced My Sonicare Toothbrush with TAO. I Love It! Taoclean Learn More Undo "The primary objective of the EV park is to strengthen the local supply chain for electric vehicles and promote indigenous manufacturing," it added. The park will house units for manufacturing electric motors, chassis, steel parts, and lithium-ion cells. Live Events Facilities for assembling lithium-ion batteries, chargers, controllers, and electronic components will also be established, according to the statement. A dedicated research and development (R&D) centre will be a vital part of the project, driving innovation and facilitating advanced product development. This R&D unit is expected to contribute not only to local progress but also to the global advancement of EV technologies, it added. The government believes the establishment of the EV park will not only position Kanpur as an EV manufacturing hub, but will also significantly boost the state's economy. "Alongside the park, an integrated EV components cluster is being developed to support small and medium enterprises (SMEs) in producing parts and components. This will create fresh opportunities for local entrepreneurs, startups, and generate substantial employment," it said. Its proximity to the dedicated freight corridor gives the park a strategic advantage in terms of logistics and connectivity. Well-connected by rail and road networks, it will facilitate smooth transportation of raw materials and finished goods, the statement added.
Time of India
30 minutes ago
- Time of India
Amtek ex-boss Arvind Dham's interim bail plea dismissed by SC in Rs 2,700-crore fraud case
The Supreme Court on Monday refused to give interim bail to former Amtek Group chairman Arvind Dham in connection with in connection with a Rs 2,700-crore bank fraud case. A Bench led by Justice Sandip Mehta said that Dham, whose plea for extension of interim bail on medical grounds was rejected by the court earlier in April, has grossly 'abused the process' of the court by filing the fresh appeal seeking interim bail. Senior counsel Mukul Rohatgi and counsel Sahil Tagotra, appearing for Dham, sought interim bail on medical grounds. 'He (Dham) has been had been in custody for 11 months and his regular bail application has been pending before the Delhi High Court since February,' the counsel argued. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Steck das in deinen Schuh. Nach 3 Tagen rutschte meine Lieblingshose schon! (Ich war schockiert!) ViralDiscounts Undo However, the bench said that it was not 'at all impressed by the tactics of the petitioner (Dham). Your SLP was dismissed by a three-judge bench of this court. Now you are trying to get in during this vacation and trying to get the same relief in a matter which has already been dismissed,' Justice Mehta remarked. Rohatgi then sought permission to withdraw the appeal. Live Events On July 9, the ED had arrested Dham under the provisions of money laundering law in a case pertaining to ACIL Ltd, an Amtek group company. Subsequently, the Rouse Avenue Court, Delhi, granted custody of Dham to the investigating agency. The ED had initiated investigation on the basis of first information reports registered by the Central Bureau of Investigation, arising from complaints by IDBI Bank and Bank of Maharashtra . The complainants had alleged diversion of bank loans through cheating, fraud and criminal breach of trust and causing wrongful loss to the banks. The agency said the probe revealed that Amtek group had defaulted on loans exceeding Rs 2,700 crore taken from more than 15 banks. The group companies ARG Ltd, ACIL, Amtek Auto Ltd., Metalyst Forging and Castex Technologies along with other group concerns were taken to insolvency. Further investigations revealed that Dham was the beneficial owner of several benami properties in companies that had employees of the Amtek group such as peons, drivers, field staff and persons with no linkage to the group companies acting as directors, the agency said. Dham continued to possess such properties beneficially held by him and never disclosed this to any of the creditors, it added. In December 2024, the high court had upheld Dham's arrest by the ED and a Delhi court 's subsequent remand order. It said that the data on financial exposure of Dham's group of companies was about Rs 30,000 crore and the lenders including many public banks had been struggling since 2015 in order to somehow recover the liabilities, the process for which had now culminated into insolvency proceedings where a haircut of 99.91% of the amount had been proposed by the petitioner.
India Today
34 minutes ago
- India Today
Apple M4 MacBook Air becomes cheaper by Rs 9,000
Apple M4 MacBook Air becomes cheaper by Rs 9,000 By Divya Bhati Planning to buy a new M4 chip MacBook Air? Reliance Digital might have a deal for you. Apple M4 MacBook Air discount The Apple M4 MacBook Air (256GB) is now available for Rs 90,900, down from its MRP of Rs 99,900 on the e-commerce site. Reliance Digital offer This is a flat discount of Rs 9,000, inclusive of all taxes, on the latest MacBook Air model. Flat discount Additionally you can also avail cashback of Rs 10,000 available on ICICI, Axis, and Kotak Bank credit cards on full swipe transactions. Cashback offers Buyers opting for EMI can start from Rs 4,278.97 per month with a cashback benefit of Rs 3,818.48. EMI option The offer is available on the MacBook Air M4 with 13.6-inch Liquid Retina variant with 16GB RAM and 256GB SSD. Under the hood The laptop features Apple's latest M4 chip with a 10-core CPU and 8-core GPU. Also Read: Apple MacBook Air M4 review: The gold standard Apple Silicon
