Feb 18, 2013 02:25 PM IST | Source: Moneycontrol.com

Franklin Templeton picks IT, oil&gas, telecom; sells banks

Franklin Templeton Asset Management has enhanced its exposure in information technology, oil & gas and telecommunication sector, while decreased its investments from banking & financial services, utilities and manufacturing sector.

Franklin Templeton picks IT, oil&gas, telecom; sells banks

Franklin Templeton Asset Management has enhanced its exposure in information technology, oil & gas and telecommunication sector, while decreased its investments from banking & financial services, utilities and manufacturing sector.

Tata Motors, Idea Cellular and NMDC were the top buys, while NHPC, Tata Motors (DVR) and TV18 Broadcast were the top sells.

A study of the Franklin Templeton Asset Management portfolio for the month of January 2013 showed that in the Information Technology space, the fund bought Infosys, MindTree and TCS. However it sold Wipro, Polaris Financial Technology and Infinite Computer Solutions India from the same space.

In the Oil and Gas segment, it purchased ONGC, Reliance Industries and IOC, while it sold Gujarat State Petronet and Petronet LNG Ltd in the same space. (View - All Bulk Deals by Mutual Funds).

The fund bought Bharti Airtel and Idea Cellular in the Telecommunication space.

In the Banking & Financial Services sector, the fund sold Axis Bank, Kotak Mahindra Bank and State Bank of India. It also exited from Bank Of India and Numero Uno Projects. However, it bought IndusInd Bank, ICICI Bank and ING Vysya Bank.

The fund sold Tata Power Company and exited from NHPC in the Utilities segment. However, it purchased NTPC and Power Grid Corporation in the same segment. (Check out - Which sectors are attracting Fund Managers?)

In the Manufacturing pack, it sold Bharat Electronics and exited from Raymond, while it bought Supreme Industries from the same pack.

Table of Stocks bought/ sold by Franklin Templeton Asset Management Funds...contd on Page 2

 

For more Mutual Fund Action in Market click here

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Note - The number of shares has been calculated based on the closing price of the stocks on the BSE/NSE as on the portfolio date for Dec 2012 - Jan 2013.

Company Name Shares bought Stock Shares sold
Tata Motors 5,002,142 NHPC 26,050,706
Idea Cellular 1,794,528 Tata Motors (DVR) 3,517,204
NMDC 1,201,086 TV18 Broadcast 2,013,274
Steel Authority of India 1,200,000 Gujarat State Petronet 1,867,335
IndusInd Bank 1,008,996 Yes Bank 1,392,395
Jindal Steel & Power 906,444 Kotak Mahindra Bank 1,186,172
Lupin 699,600 Axis Bank 1,026,836
Power Grid Corporation 664,188 Exide Industries 978,868
Greaves Cotton 649,000 Amara Raja Batteries 729,968
Orient Paper and Industries 400,000 Bharti Airtel 657,402
Credit Analysis & Research 378,644 Wipro 604,931
Hindalco Industries 334,777 Union Bank of India 523,455
GAIL India 300,519 Crompton Greaves 327,888
Dish TV 267,837 Coromandel International 325,000
Sadbhav Engineering 217,400 Bharat Electronics 290,000
Infosys 212,988 Indian Oil Corporation 273,200
NTPC 201,277 Polaris Financial Tech. 266,932
ITC 170,318 State Bank of India 262,467
Reliance Industries 170,313 ING Vysya Bank 257,340
DLF 157,765 Infinite Computer Solutions 254,409
MindTree 153,766 J. K. Cement 249,687
Zee Entertainment 151,927 Britannia Industries 226,110
Pfizer 131,600 Berger Paints India 190,404
HPCL 127,840 HDFC Bank 190,327
Grasim Industries 126,301 Bank Of India 182,328
Glenmark Pharma 116,912 ONGC 178,338
Coal India 96,831 GlaxoSmithKline Pharma 153,560
ICICI Bank 81,087 Federal Bank 133,380
KEC International 61,183 Ipca Laboratories 130,524
Bata India 53,397 Cummins India 129,717
Cadila Healthcare 48,430 TVS Motor Company 120,348
BPCL 47,853 Karur Vysya Bank 110,010
Havells India 42,347 Gateway Distriparks 100,000
Torrent Pharmaceuticals 40,502 Chennai Petroleum Corpn. 83,801
Wockhardt 38,677 LIC Housing Finance 69,344
JK Lakshmi Cement 37,086 Info Edge India 67,594
Pidilite Industries 26,707 GMDC 62,399
Shree Cements 25,603 Raymond 60,087
Nestle India 25,000 Rallis India 59,907
Tata Consultancy Services 24,580 HT Media 59,091
HCL Technologies 19,713 Bajaj Auto 54,844
Dr Reddys Laboratories 17,267 VST Industries 49,877
Mahindra and Mahindra 16,577 Sun Pharmaceutical 41,695
Maruti Suzuki India 12,793 Deepak Fertilizers 33,332
Petronet LNG Ltd 6,500 Wyeth 32,273
Mah & Mah Financial Services 5,593 Hero Motocorp 28,424
IDFC 2,756 Kajaria Ceramics 27,860
Jaiprakash Associates 2,500 Numero Uno Projects 27,500
Tata Power Company 2,025 Godrej Consumer Products 26,832
HDFC 1,971 GlaxoSmithKline Consumer 25,300
Bank Of Baroda 1,877 Sobha Developers 25,000
Ambuja Cements 1,697 Thermax 25,000
Cairn India 1,319 SKF India 18,560
Hindustan Unilever 1,268 TTK Prestige 13,872
Supreme Industries 941 Mangalore Refinery 12,300
Bharat Heavy Electricals 935 Gujarat Pipavav Port 8,900
Sesa Goa 871 Jagran Prakashan 6,630
Tata Steel 834 Marico 6,340
FAG Bearings India 677 Larsen and Toubro 4,623
Cipla 625 Simplex Infrastructures 2,439
Ranbaxy Laboratories 338 Bayer Cropscience 2,263
Reliance Infrastructure 296 Indraprastha Gas 2,100
Punjab National Bank 295 Balkrishna Industries 2,000
ACC 222 Sterlite Industries (India) 1,433
UltraTech Cement 212 Navneet Publications 689
Siemens 200 ICRA 634
Asian Paints 100 Eicher Motors 607
CRISIL 300

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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