HDFC Balanced Advantage Fund cuts stake in HDFC Bank, M&M, HAL, 15 other stocks in Jan

HDFC Balanced Advantage Fund, the second-largest mutual fund, reduced its stake in HDFC Bank, M&M, HAL, and 15 other stocks in January. The fund also made complete exits from 13 stocks and added seven new ones to its portfolio. Its allocation was highest in pharmaceutical and biotechnology sectors.