HDFC Defence Fund Adds 3 New Stocks, Boosts Stakes in BEL, Tata Motors and BEML - Check New Additions and Top Holdings
HDFC Defence Fund made several changes to its equity portfolio in October 2026, adding three new stocks and increasing its shareholding in five existing companies. The fund raised its holdings in Bharat Electronics, Tata Motors and BEML, alongside smaller additions to Bharat Forge and Bosch. It also added Tonbo Imaging India, PTC Industries and Bonfiglioli Transmissions, taking its total stock count from 24 to 27.
HDFC Defence Fund Adds 3 New Stocks in October 2026
HDFC Defence Fund added three companies to its portfolio during October 2026, expanding its exposure to aerospace, defence technology and industrial manufacturing.
Company
Industry
Shares held in October
Tonbo Imaging India Limited
Aerospace & Defence
14,54,381
PTC INDUSTRIES LIMITED
Industrial Products
23,742
Bonfiglioli Transmissions Limited
Industrial Manufacturing
4,55,400
Tonbo Imaging India was the largest addition by quantity, with 14.54 lakh shares. Bonfiglioli Transmissions accounted for 4.55 lakh shares, while PTC Industries had 23,742 shares in the portfolio. These additions provide exposure to different segments of the manufacturing ecosystem, including defence imaging technology, precision engineering and industrial transmission systems.
HDFC Defence Fund Increases Stake in BEL, Tata Motors and BEML
Apart from adding three new stocks, HDFC Defence Fund increased its shareholding in five existing companies in October 2026. Bharat Electronics recorded the largest increase, with the fund adding more than 30 lakh shares during the month. The following table compares the fund's September and October holdings.
Company
September holdings
October holdings
Additional shares
Bharat Electronics Ltd.
4,40,00,130
4,70,18,172
30,18,042
Tata Motors Limited
29,04,143
30,46,222
1,42,079
BEML Limited
29,50,617
30,10,555
59,938
Bharat Forge Ltd.
77,02,514
77,50,514
48,000
Bosch Limited
1,00,000
1,13,004
13,004
Bharat Electronics remained the largest addition, with its total holding increasing to approximately 4.70 crore shares. The fund also added 1.42 lakh shares of Tata Motors and nearly 60,000 shares of BEML. Smaller increases were recorded in Bharat Forge and Bosch, taking their respective holdings to 77.51 lakh and 1.13 lakh shares.
HDFC Defence Fund
NAV: ₹30.58
AUM: ₹11,130.70 Cr
Expense Ratio: 0.71%
Exit Load: 1% (within 1 year)
Performance Snapshot
1-Year Return: 20.0%
3-Year CAGR:34.6%
Category Comparison (1-Year)
Fund 1-Year Return: 20.0%
Equity Thematic Category Average: 3.8%
Outperformance: +16.2 percentage points
Also read: Bank of Baroda FD Rate Hiked to 7.45%: ₹10 Lakh Investment Earns Up to ₹1.18 Lakh Interest in 555 Days - Check Details
HDFC Defence Fund's Top 10 Holdings in October 2026
Bharat Electronics Limited: 15.63%
Hindustan Aeronautics Limited: 13.54%
Bharat Forge Limited: 11.98%
Solar Industries India Limited: 10.13%
Astra Microwave Products Limited: 6.16%
BEML Limited: 5.38%
Eicher Motors Limited: 4.86%
Bosch Limited: 4.79%
MTAR Technologies Limited: 4.61%
Bharat Dynamics Limited: 2.89%
Note: Portfolio allocation represents each company's percentage share of HDFC Defence Fund's net assets in October 2026.
HDFC Defence Fund's Latest Portfolio Adjustments
The October portfolio changes indicate that HDFC Defence Fund is maintaining its exposure to major defence and industrial companies while broadening its investments through new additions. The higher shareholding in Bharat Electronics, BEML and Bharat Forge, along with the addition of Tonbo Imaging India, PTC Industries and Bonfiglioli Transmissions, reflects adjustments across different segments of the defence and manufacturing ecosystem. However, these monthly changes alone do not indicate a shift in the fund's long-term investment strategy.