May 11, 2012 11:12 AM IST | Source: Moneycontrol.com

Kotak Mahindra MF buys GSPL, ONGC; sells PFC, Dish TV

Kotak Mahindra Mutual Fund has enhanced its exposure in banking & financial services, automotive and tobacco. However, it decreased its weightage in information technology, chemicals and manufacturing.

Kotak Mahindra MF buys GSPL, ONGC; sells PFC, Dish TV

Kotak Mahindra Mutual Fund has enhanced its exposure in banking & financial services, automotive and tobacco. However, it decreased its weightage in information technology, chemicals and manufacturing.

Ashok Leyland, Gujarat State Petronet and ONGC were top buys, while Power Finance Corporation, United Phosphorous and Dish TV were top sells by the fund.

The study of Kotak Mahindra Mutual Fund for the month of April 2012 showed that in the banking & financial services, the fund bought ICICI Bank, HDFC Bank and Punjab National Bank, while it sold State Bank of India, Canara Bank, Jammu and Kashmir Bank and exited from Power Finance Corporation.

In the automotive space, it purchased Mahindra and Mahindra, Hero Motocorp, Tata Motors (DVR) and introduced Ashok Leyland. However, it sold Apollo Tyres from the same space. (View - All Bulk Deals by Mutual Funds).

In tobacco pack, it purchased ITC.

On the selling side, the fund sold Tata Consultancy Services, Wipro and Infosys from the information technology sector. However, it introduced MT Educare in the same space. (Check out - Which sectors are attracting Fund Managers?).

In the chemicals space, it sold United Phosphorous, Tata Chemicals and Clariant Chemicals India. It also exited from Asian Paints. However, it bought Solar Industries India in the same space.

In the manufacturing sector, the fund sold Raymond, Max India, Supreme Industries and Aditya Birla Nuvo, while it bought Arvind and Zodiac Clothing Company from the same space.

Table of Stocks bought/ sold by Kotak Mahindra 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 March-April 2012.

Company Name Shares bought Stock Shares sold
Ashok Leyland 2,082,330 Power Finance Corporation 985,000
Gujarat State Petronet 1,704,800 United Phosphorous 479,665
ONGC 600,000 Dish TV 391,955
Tata Power Company 594,184 Tata Consultancy Services 380,938
Exide Industries 511,686 Wipro 346,280
ICICI Bank 410,000 Bharat Heavy Electricals 250,000
Tata Motors (DVR) 362,500 Max India 246,217
IRB Infrastructure Dev. 350,000 Reliance Industries 208,643
ITC 343,287 Cairn India 169,883
Cipla 308,904 West Coast Paper Mills 163,072
Sterlite Industries (India) 300,000 Marico 147,479
Mahindra and Mahindra 225,000 Bharti Airtel 139,155
Punjab National Bank 184,000 Lupin 130,000
IDFC 175,000 Apollo Tyres 120,000
Yes Bank 166,100 Raymond 113,159
BPCL 162,286 ACC 105,296
HDFC Bank 145,000 Adani Ports and Special 100,000
Century Textiles 134,592 Alstom Projects 86,234
Navneet Publications 132,510 Supreme Industries 81,150
Bank Of Baroda 126,500 Tata Chemicals 80,000
Motherson Sumi Systems 120,094 Strides Arcolab 76,912
Pantaloon Retail 120,000 State Bank of India 73,500
Whirlpool of India. 116,800 NTPC 69,096
HPCL 110,000 Divis Laboratories 59,470
Ambuja Cements 100,000 Tata Motors 50,000
Sun TV Network 98,824 HT Media 50,000
MT Educare 82,458 IndusInd Bank 39,771
Corporation Bank 66,882 ILandFS Transportation 35,501
EID Parry (India) 62,329 Hathway Cable  31,139
Texmaco Rail and Engin. 60,513 United Spirits 25,000
Union Bank of India 56,403 Hindustan Unilever 25,000
Arvind 55,020 Ipca Laboratories 24,755
National Buildings Const. 50,972 Natco Pharma 21,405
Allahabad Bank 44,380 Asian Paints 20,000
Infosys 35,140 Canara Bank 20,000
Hero Motocorp 35,000 Bata India 15,000
Bajaj Auto 35,000 Larsen and Toubro 15,000
Graphite India 34,794 Jammu and Kashmir Bank 14,529
SKF India 30,431 Torrent Pharmaceuticals 12,288
ING Vysya Bank 28,836 Clariant Chemicals India 10,734
Indian Bank 27,710 Aditya Birla Nuvo 10,353
Crompton Greaves 20,000 Grasim Industries 9,333
Zodiac Clothing Company 15,518 GlaxoSmithKline Consumer 7,414
Federal Bank 15,000 Oil India 6,320
Redington (India) 12,674 Dr Reddys Laboratories 6,287
Emami 12,298 Oracle Financial Services 3,027
Oriental Bank of Commerce 5,652 Gillette India 826
CESC 5,000
Engineers India 3,451
DB Corp 2,156
HDFC 1,940
Solar Industries India 511

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