This equity mutual fund delivered highest returns in April. Know what it bought and sold in the month?

HDFC Defence Fund-Reg(G), which was a top performer among the equity mutual fund schemes in April with returns of 12.56%, added three new stocks to its portfolio in the month gone by. These were Garden Reach Shipbuilders & Engineers, JNK India and Mazagon Dock Shipbuilders. Meanwhile, the scheme increased its holding in seven stocks while … Read more

JNK India IPO opens for subscription. Should you bid?

The initial public offer (IPO) of JNK India opened for subscription today and will close on April 25. The company plans to raise around Rs 650 crore through the issue. The IPO comprises fresh equity of up to Rs 300 crore and an offer for sale (OFS) of up to Rs 84.2 lakh worth shares. … Read more