Feb 18, 2013 02:25 PM IST | Source:

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.

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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


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 NameShares boughtStockShares sold
Tata Motors5,002,142NHPC26,050,706
Idea Cellular1,794,528Tata Motors (DVR)3,517,204
NMDC1,201,086TV18 Broadcast2,013,274
Steel Authority of India1,200,000Gujarat State Petronet1,867,335
IndusInd Bank1,008,996Yes Bank1,392,395
Jindal Steel & Power906,444Kotak Mahindra Bank1,186,172
Lupin699,600Axis Bank1,026,836
Power Grid Corporation664,188Exide Industries978,868
Greaves Cotton649,000Amara Raja Batteries729,968
Orient Paper and Industries400,000Bharti Airtel657,402
Credit Analysis & Research378,644Wipro604,931
Hindalco Industries334,777Union Bank of India523,455
GAIL India300,519Crompton Greaves327,888
Dish TV267,837Coromandel International325,000
Sadbhav Engineering217,400Bharat Electronics290,000
Infosys212,988Indian Oil Corporation273,200
NTPC201,277Polaris Financial Tech.266,932
ITC170,318State Bank of India262,467
Reliance Industries170,313ING Vysya Bank257,340
DLF157,765Infinite Computer Solutions254,409
MindTree153,766J. K. Cement249,687
Zee Entertainment151,927Britannia Industries226,110
Pfizer131,600Berger Paints India190,404
HPCL127,840HDFC Bank190,327
Grasim Industries126,301Bank Of India182,328
Glenmark Pharma116,912ONGC178,338
Coal India96,831GlaxoSmithKline Pharma153,560
ICICI Bank81,087Federal Bank133,380
KEC International61,183Ipca Laboratories130,524
Bata India53,397Cummins India129,717
Cadila Healthcare48,430TVS Motor Company120,348
BPCL47,853Karur Vysya Bank110,010
Havells India42,347Gateway Distriparks100,000
Torrent Pharmaceuticals40,502Chennai Petroleum Corpn.83,801
Wockhardt38,677LIC Housing Finance69,344
JK Lakshmi Cement37,086Info Edge India67,594
Pidilite Industries26,707GMDC62,399
Shree Cements25,603Raymond60,087
Nestle India25,000Rallis India59,907
Tata Consultancy Services24,580HT Media59,091
HCL Technologies19,713Bajaj Auto54,844
Dr Reddys Laboratories17,267VST Industries49,877
Mahindra and Mahindra16,577Sun Pharmaceutical41,695
Maruti Suzuki India12,793Deepak Fertilizers33,332
Petronet LNG Ltd6,500Wyeth32,273
Mah & Mah Financial Services5,593Hero Motocorp28,424
IDFC2,756Kajaria Ceramics27,860
Jaiprakash Associates2,500Numero Uno Projects27,500
Tata Power Company2,025Godrej Consumer Products26,832
HDFC1,971GlaxoSmithKline Consumer25,300
Bank Of Baroda1,877Sobha Developers25,000
Ambuja Cements1,697Thermax25,000
Cairn India1,319SKF India18,560
Hindustan Unilever1,268TTK Prestige13,872
Supreme Industries941Mangalore Refinery12,300
Bharat Heavy Electricals935Gujarat Pipavav Port8,900
Sesa Goa871Jagran Prakashan6,630
Tata Steel834Marico6,340
FAG Bearings India677Larsen and Toubro4,623
Cipla625Simplex Infrastructures2,439
Ranbaxy Laboratories338Bayer Cropscience2,263
Reliance Infrastructure296Indraprastha Gas2,100
Punjab National Bank295Balkrishna Industries2,000
ACC222Sterlite Industries (India)1,433
UltraTech Cement212Navneet Publications689
Asian Paints100Eicher Motors607







































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