Feb 05, 2013 04:00 PM IST | Source: Moneycontrol.com

DSP BlackRock MF sells banking, auto; buys IT, telecom

DSP BlackRock Mutual Fund has decreased its weightage in banking & financial services, automotive and food & beverages, while enhanced its exposure in oil & gas, information technology and telecommunication space.

DSP BlackRock MF sells banking, auto; buys IT, telecom

DSP BlackRock Mutual Fund has decreased its weightage in banking & financial services, automotive and food & beverages, while enhanced its exposure in oil & gas, information technology and telecommunication space.

Lanco Infratech, Manappuram Finance and Zee Entertainment were the top sells, while Jaiprakash Associates, Power Finance Corporation and Adani Ports were the top buys.

A study of the DSP BlackRock Mutual Fund portfolio for the month of January 2013 showed that in the banking & financial services sector it sold HDFC Bank, M&M Financial Services, IndusInd Bank and Bank Of Baroda. The fund also exited Kotak Mahindra Bank, GRUH Finance, Manappuram Finance and PTC India Financial Services. However, it purchased Power Finance Corporation, ICICI Bank, Axis Bank and introduced Indian Bank in the same sector.

It sold Maruti Suzuki, Bajaj Auto, Bosch and exited Apollo Tyres and Tata Motors in the automotive pack, while it bought Tata Motors (DVR) and Eicher Motors. (View - All Bulk Deals by Mutual Funds).

In the food & beverages pack, the fund sold United Spirits, United Breweries, EID Parry (India) and Tata Global Beverage.

In the oil & gas segment it bought BPCL, Reliance Industries, Gail India and introduced HPCL and Cairn India. However, it sold Oil India, Petronet LNG and exited Shiv Vani Oil & Gas Exploration Services.

The fund purchased Wipro, Tech Mahindra and Mahindra Satyam in the information technology space. It also introduced Polaris Financial Technology in the same space. However, it sold Infosys and Oracle Financial Services Software. (Check out - Which sectors are attracting Fund Managers?)

It the telecommunication sector it bought Bharti Airtel, Idea Cellular and Tata Communication.

Table of Stocks bought/ sold by DSP BlackRock Mutual 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 December 2012-January 2013.

Company Name Shares Bought Stock Shares Sold
Jaiprakash Associates 8,613,459 Lanco Infratech 5,591,473
Power Finance Corporation 5,503,499 Manappuram Finance 3,675,319
Adani Ports and Special 5,454,260 Zee Entertainment 3,593,911
Reliance Power 4,653,499 HDFC Bank 3,326,211
Wipro 4,266,320 Voltas 3,087,958
Tata Power Company 3,530,261 Kotak Mahindra Bank 2,636,379
Mahindra Satyam 3,409,693 PTC India Financial Services 2,283,090
Idea Cellular 2,684,810 Pantaloon Retail 2,064,079
Cipla 2,077,556 GRUH Finance 1,304,476
BPCL 1,850,947 Maruti Suzuki India 1,273,806
Bharti Airtel 1,714,986 IndusInd Bank 1,269,602
Siti Cable Network 1,520,248 GMR Infrastructure 956,769
Prestige Estates Projects 1,382,287 NCC 923,736
HPCL 1,369,956 Union Bank of India 897,231
JSW Energy 1,302,878 DLF 887,125
GAIL India 1,254,226 IRB Infrastructure Dev. 857,441
Tata Motors (DVR) 1,171,396 Apollo Tyres 761,991
Aurobindo Pharma 1,161,770 Indoco Remedies 667,754
Tata Chemicals 1,104,463 Kajaria Ceramics 622,766
Dish TV 1,033,945 IVRCL 550,611
Reliance Industries 974,690 Crompton Greaves 492,521
Polaris Financial Technology 785,391 ING Vysya Bank 483,997
ICICI Bank 700,439 Infosys 472,715
Puravankara Projects 602,790 APL Apollo Tubes 468,888
PTC India 558,854 Lupin 461,243
Tech Mahindra 554,639 Mah & Mah Financial Services 448,403
Aditya Birla Nuvo 506,844 Gateway Distriparks 441,428
Max India 462,446 Bharat Forge 432,496
SpiceJet 452,511 Bank Of Baroda 416,925
Sintex Industries 396,061 Ranbaxy Laboratories 409,321
Indian Bank 354,401 Gujarat Pipavav Port 400,499
Arvind 348,784 Madras Cements 341,551
Tata Communications 323,645 NMDC 333,544
NTPC 304,822 Bajaj Auto 319,308
Sadbhav Engineering 303,068 Mcleod Russel (India) 265,000
NIIT 285,215 Hindustan Zinc 257,545
SKS Microfinance 269,283 JM Financial 250,000
JK Lakshmi Cement 251,783 GMDC 225,666
KEC International 246,440 Colgate Palmolive (India) 225,441
Reliance Capital 225,374 United Spirits 209,691
Cairn India 219,859 Rallis India 201,143
Shalimar Paints 219,093 Supreme Industries 193,481
Power Grid Corporation 215,445 Sterlite Industries (India) 188,407
Chola Investment and Finance 213,425 Karur Vysya Bank 172,330
Adhunik Metaliks 174,769 Oriental Bank of Commerce 156,593
Tata Steel 173,606 HDFC 154,356
Canara Bank 171,775 State Bank of India 149,885
United Phosphorous 170,000 Balrampur Chini Mills 143,530
Godrej Industries 163,383 Tata Global Beverage 140,442
Jaypee Infratech 154,845 Zuari Global 133,345
Axis Bank 139,197 Lakshmi Machine Works 131,088
Ambuja Cements 131,567 Hathway Cable and Datacom 128,019
Bombay Dyeing 119,135 Oil India 121,235
Godrej Properties 118,791 Zydus Wellness 120,824
Adani Power 114,107 ONGC 90,144
HCL Technologies 84,171 Larsen and Toubro 89,355
ILandFS Transportation 80,814 Shriram City Union Finance 86,144
Tube Investments of India 75,000 Cummins India 83,315
Sobha Developers 73,610 Petronet LNG Ltd 81,197
Somany Ceramics 69,766 Havells India 73,644
Mangalore Refinery 69,211 TTK Prestige 68,474
United Breweries 67,820 Grasim Industries 64,629
Engineers India 64,026 Pfizer 52,891
Orient Paper and Industries 64,010 Adani Enterprises 51,205
Ashoka Buildcon 60,677 Shiv Vani Oil & Gas  48,891
Trent 58,490 IDFC 45,526
UltraTech Cement 55,611 Tata Coffee 40,000
Century Textiles 54,529 Tata Motors 39,418
Tecpro Systems 51,292 Titagarh Wagons 38,612
SRF 50,148 Mangalore Chemicals 35,000
Unichem Laboratories 49,483 Timken India 31,525
Oberoi Realty 39,344 Bajaj Finserv 28,790
Zuari Agro Chemicals 36,080 Sabero Organics Gujarat 26,798
Bayer Cropscience 28,282 Info Edge India 25,739
Strides Arcolab 26,500 Sundaram Finance 24,150
Wockhardt 25,762 Shree Cements 24,079
Persistent Systems 25,632 Cadila Healthcare 24,024
Lovable Lingerie 25,512 Castrol India 17,799
CMC 24,525 CESC 16,995
Eicher Motors 21,591 Hindalco Industries 16,564
NIIT Technologies 17,978 EID Parry (India) 15,031
Punjab National Bank 15,000 Multi Commodity Exchange 13,300
ABB 13,025 Coal India 11,868
AstraZeneca Pharma 10,721 Oracle Financial Services  11,827
J. K. Cement 10,674 Jaiprakash Power Ventures 9,856
Kaveri Seed Company 9,643 Glenmark Pharma 7,577
Bharat Electronics 8,434 Gujarat State Petronet 7,080
Blue Dart Express 4,752 Tata Consultancy Services 6,541
Reliance Industrial Infrast. 6,184
Atul 5,000
Kennametal India 3,842
Bosch 625

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