Kenneth Andrade’s Old Bridge Focused Equity Fund trims cash, adds bets on UPL, Maruti Suzuki

According to the disclosure, Ramkrishna Forgings Limited's holding increased by 118.64 percent, from 220,000 shares in January to 481,000 in February. Similarly, Alivus Life Sciences Limited saw an increase of 78.61%, and Infosys Limited saw a rise of 22.89% in its holdings.

For the month of February, Old Bridge MF's Focused Equity Fund saw a decrease in cash holding from 11.4 percent in January 2025 to 9.31 percent in February 2025, according to latest portfolio disclosures. As per the disclosure, top holdings for the Kenneth Andrede backed fund include Redington, Shriram Finance and  Airtel.

According to the disclosure, Ramkrishna Forgings Limited's holding increased to 6.54 percent, from 220,000 shares in January to 481,000 in February.  Similarly, Alivus Life Sciences Limited saw an increase of 78.61%, and Infosys Limited saw a rise of 22.89% in its holdings. Other notable increases include Barbeque Nation Hospitality Limited (21.93%) and Prestige Estates Projects Limited (18.80%).

Several stocks remained unchanged in the portfolio such as Tata Steel Limited (2.62%), Shriram Finance Limited (6.34%) and Redington Limited (6.54%), Aurobindo Pharma Limited (5.24%), Bharti Airtel Limited (6.28%), Indian Energy Exchange Limited (5.04%), and Gujarat Gas Limited (2.16%) amongst others.

Newly added stocks to the portfolio included UPL Limited with 647,000 shares (3.56 percent) and Maruti Suzuki India Limited at 48,600 shares (5.04%). During the month, the fund exited NCC Limited and Syngene International Limited amongst others.

Old Bridge Focused Equity Fund was launched in January 2024. The fund has given around 8.74 percent returns for one year against the BSE 500 TRI benchmark which gave returns of around 0.62 percent for the same period. The fund has a total of 23 stocks with around 37 percent investment in large caps, followed by around 29 percent in small caps and 2.63 percent in mid caps.