Prashant Jain's love for PSUs continues, shows the December portfolio data of the AMC. HDFC Mutual Fund, the biggest AMC holding assets worth Rs 3.82 lakh crore, added sizeable chunk of the shares of government-owned companies in its portfolio in the last month of the year gone by.
HDFC Mutual Fund added 1.29 crore shares of Power Grid Corporation of India in December 2019. It also added 1.17 crore of Coal India and 1.01 crore shares of Power Finance Corporation in December.