| Company | Value | Change | %Change |
|---|
In addition to Persistent Systems, Coforge Ltd. is also nearing the Securities and Exchange Board of India’s (SEBI) 10% investment limit.
| Companies | Dec holding | Jan holding | % change | % of AUM |
| Persistent Systems | 3250000 | 4000000 | 23.08 | 9.85 |
| Coforge | 2695000 | 2850000 | 5.75 | 9.66 |
The fund has taken 2.79% arbitrage positions (futures) in One 97 Communications, Oracle Financial Services Software, Trent, Voltas, and Jio Financial Services.
Cash holdings have surged significantly, risbing from 0.61% in November to 9.2% in December and further to 28.34% currently, according to the data.Last year, Motilal Oswal Mutual Fund launched the Motilal Oswal Nifty India Defence Index Fund, an open-ended scheme designed to replicate the total returns of the Nifty India Defence Index.
This is India’s first index fund providing exposure to domestically listed defence stocks. It aims to offer investors an opportunity to benefit from the growth potential of the defence sector.
The fund’s objective is to generate returns that align with the Nifty India Defence Total Return Index, before expenses and subject to tracking error. Its performance will be benchmarked against the same index and managed by Swapnil Mayekar and Rakesh Shetty.
First Published: Feb 12, 2025 12:38 PM IS
