Feb 09, 2013 10:58 AM IST | Source:

Idea, Jain Irrigation, NHPC top buys: Kotak Mahindra MF

Kotak Mahindra Mutual Fund has increased its exposure in the oil & gas, telecommunication and pharmaceuticals sector. However, it decreased its weightage in the cement & construction, information technology and banking & financial services sector.

  • bselive
  • nselive
Todays L/H

Kotak Mahindra Mutual Fund has increased its exposure in the oil & gas, telecommunication and pharmaceuticals sector. However, it decreased its weightage in the cement & construction, information technology and banking & financial services sector.

Idea Cellular, Jain Irrigation Systems and NHPC were top buys, while India Cements, Jaiprakash Associates and Voltas were top sells by the fund.

The study of Kotak Mahindra Mutual Fund for the month of January 2013 showed that in the oil & gas segment, the fund bought ONGC, Reliance Industries and BPCL, but it sold Chennai Petroleum Corporation.

In the telecommunication pack, it purchased Bharti Airtel and Idea Cellular. (View - All Bulk Deals by Mutual Funds).

The fund introduced Alembic Pharmaceuticals, Wyeth and bought Dr Reddys Laboratories and Cipla in the pharmaceuticals space. But it sold Cadila Healthcare, Lupin and Sun Pharmaceutical Industries in the same space.

In the cement & construction pack it sold Jaiprakash Associates, India Cements, Madras Cements, while bought Sadbhav Engineering, UltraTech Cement and introduced JK Lakshmi Cement.

It sold Infosys, Wipro, KPIT Cummins Infosystems and also exited Redington (India) from information technology sector. However, it purchased TCS and HCL Technologies.(Check out - Which sectors are attracting Fund Managers?)

In the banking & financial services sector, it sold Axis Bank, Allahabad Bank, ING Vysya Bank and exited Manappuram Finance. However, it purchased Federal Bank, SBI and introduced Karur Vysya Bank, Rural Electrification Corporation and Power Finance Corporation.

Table of Stocks bought/ sold by Kotak Mahindra Mutual 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
Idea Cellular1,698,000India Cements2,067,000
Jain Irrigation Systems1,086,904Jaiprakash Associates1,939,228
Jagran Prakashan729,166Ashok Leyland1,087,834
SpiceJet613,075Crompton Greaves905,302
Oil and Natural Gas Corporation606,308Allahabad Bank873,419
Prestige Estates Projects543,442Dish TV518,636
Bharti Airtel481,024Manappuram Finance502,474
Dena Bank443,616Pantaloon Retail489,040
Ballarpur Industries405,480Arvind440,000
Power Finance Corporation295,914Wipro418,715
Tata Global Beverage290,000ITC379,540
Federal Bank287,768NMDC300,181
Syndicate Bank236,268Hindustan Unilever290,543
Bharat Petroleum Corporation201,027ING Vysya Bank284,898
DB Corp165,411Axis Bank280,488
Alembic Pharmaceuticals163,915KPIT Cummins Infosystems273,085
IDFC155,386Zee Entertainment260,000
Navneet Publications139,795NTPC208,226
Cipla139,675Union Bank of India203,056
Repro India119,018Infosys196,508
HPCL117,181Texmaco Rail and Engin.164,756
Rural Electrification Corpn.94,000Madras Cements134,215
Standard Chartered PLC92,864Tata Motors (DVR)133,121
Whirlpool of India.90,076Yes Bank128,200
Graphite India87,142Motherson Sumi Systems122,079
Dr Reddys Laboratories82,666Engineers India120,474
Reliance Industries75,079Amara Raja Batteries119,000
Zuari Agro Chemicals71,759Indian Bank105,609
HDFC Bank70,835Redington (India)81,462
Tata Consultancy Services66,690Oriental Bank of Commerce81,008
Coal India65,819EID Parry (India)60,458
Dabur India58,000Rallis India50,775
Zuari Global58,000Persistent Systems45,000
Karnataka Bank53,500Hindustan Media Ventures43,944
HT Media50,834Cadila Healthcare42,187
Sadbhav Engineering50,000ICICI Bank31,062
Infotech Enterprises47,366Chennai Petroleum Corpn.28,183
State Bank of India47,059Lupin27,822
Radico Khaitan45,897Colgate Palmolive (India)26,230
SKF India43,713HDFC20,795
Century Textiles41,548Zodiac Clothing Company20,546
Britannia Industries34,000IndusInd Bank20,000
Karur Vysya Bank31,529Corporation Bank19,522
Bharat Forge29,856Mah & Mah Financial Services19,268
Torrent Pharmaceuticals29,368Hathway Cable and Datacom15,016
Bata India29,070Bank Of Baroda7,458
HCL Technologies27,425ILandFS Transportation6,573
Emami25,000Jammu and Kashmir Bank4,000
Carborundum Universal25,000Gillette India3,392
GlaxoSmithKline Consumer24,958West Coast Paper Mills2,212
Max India23,242Goodyear India1,500
Wyeth22,500Punjab National Bank782
SML Isuzu22,267
Bayer Cropscience17,418
Tata Motors16,282
Kewal Kiran Clothing16,026
Exide Industries16,000
Aditya Birla Nuvo15,000
Tata Power Company14,918
Power Grid Corporation13,050
Divis Laboratories13,000
Hero Motocorp11,918
Hindalco Industries11,850
Bharat Bijlee11,596
Dalmia Bharat10,686
United Spirits10,565
Shriram Transport Finance10,000
Bharat Heavy Electricals7,278
Eicher Motors7,233
Ambuja Cements7,008
Styrolution ABS (India)6,172
Tata Steel6,140
JK Lakshmi Cement5,450
Cairn India5,440
Larsen and Toubro4,981
Shriram City Union Finance4,539
Solar Industries India4,264
Mahindra and Mahindra4,224
GAIL India4,138
Maruti Suzuki India3,956
Oracle Financial Services3,793
Clariant Chemicals India3,665
Sesa Goa3,596
Jindal Steel & Power3,528
Sun Pharmaceutical Industries3,464
Kotak Mahindra Bank3,447
United Breweries3,399
LIC Housing Finance2,832
Nestle India1,634
Ranbaxy Laboratories1,420
Reliance Infrastructure1,247
Bajaj Auto1,232
Shree Cements1,000
UltraTech Cement902
Grasim Industries586
Asian Paints420
Birla Corporation306
Godfrey Phillips India279
Hawkins Cooker139

Follow us on
Available On