Apr 14, 2012 09:12 AM IST | Source: Moneycontrol.com

Tata Mutual Fund sells banking, telecom; buys oil&gas

Tata Mutual Fund decreased its weightage in banking & financial services, consumer non-durables and telecommunication, while enhanced its exposure in oil & gas, manufacturing and metals & mining.

Tata Mutual Fund sells banking, telecom; buys oil&gas

Tata Mutual Fund decreased its weightage in banking & financial services, consumer non-durables and telecommunication, while enhanced its exposure in oil & gas, manufacturing and metals & mining.

 

Rain Commodities, IVRCL and Sterlite Technologies were the top sells, while Gujarat State Petronet, Mangalore Refinery and Hindustan Zinc were the top buys.

 

The study of the portfolio managed by Tata Mutual Fund for the month of February 2012 shows that, in the banking & financial services space, the fund sold SBI, Bank of Baroda and ICICI Bank and exited from GIC Housing Finance, IndusInd Bank, Central Bank of India and Allahabad Bank. However, it bought, HDFC, IDFC, Oriental Bank of Commerce and introduced Corporation Bank in the same space. (View - All Bulk Deals by Mutual Funds).

 

In the consumer non-durables pack, it sold Hindustan Unilever and exited Godrej Consumer Products.

 

In the telecommunication segment, it sold Sterlite Technologies, Idea Cellular and Bharti Airtel.

 

On the buying side, the fund purchased Gujarat State Petronet, Mangalore Refinery & Petrochemicals, BPCL and introduced Petronet LNG in the oil & gas sector, but sold Reliance Industries, ONGC and exited Indian Oil Corporation from the same sector.

 

In the manufacturing space, the fund bought Bharat Electronics and Page Industries. (Check out - Which sectors are attracting Fund Managers?).

 

The fund bought Hindustan Zinc, Gujarat Mineral Development Corporation and Jindal Steel & Power in the metals & mining segment, but sold Hindalco Industries, Coal India and Usha Martin from the same segment.

 

Table of Stocks bought/ sold by Tata 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 January-February 2012.

Company Name Qty Bought Stock Shares sold
Gujarat State Petronet 4,851,208 Rain Commodities 5,198,523
Mangalore Refinery 2,233,952 IVRCL 3,468,404
Hindustan Zinc 1,336,128 Sterlite Technologies 3,359,867
Taj GVK Hotels & Resorts 690,808 Exide Industries 1,359,513
Zee Entertainment 513,158 Jaiprakash Associates 977,648
IDFC 498,814 Tata Power Company 901,019
Power Grid Corporation 484,255 Usha Martin 862,050
Ambuja Cements 482,224 Titan Industries 704,371
Dish TV 426,617 Standard Chartered PLC 688,158
HDFC 377,563 Power Finance Corpn. 659,607
GMDC 370,882 Hindalco Industries 603,072
Bharat Electronics 343,819 Allahabad Bank 575,003
Indraprastha Gas 302,952 Hindustan Unilever 567,415
GAIL India 295,481 Rural Electrification 464,719
Castrol India 294,279 Jyoti Structures 449,168
Jindal Steel & Power 207,703 Texmaco Rail and Engin. 409,846
SKF India 163,587 Bank Of Baroda 384,182
Oriental Bank of Commerce 147,625 Central Bank of India 264,426
Amara Raja Batteries 142,724 Tata Global Beverage 260,000
Strides Arcolab 120,424 Cipla 256,689
Yes Bank 120,310 Greaves Cotton 254,498
Corporation Bank 116,006 Mcnally Bharat Engin. 244,547
LIC Housing Finance 99,455 NCC 230,039
Tata Motors (DVR) 95,956 Cairn India 218,334
CESC 83,214 ONGC 206,554
Thermax 70,011 Crompton Greaves 199,775
Gujarat State Fertilizers 68,973 Godrej Consumer Products 186,513
ITC 68,678 Elecon Engineering Co. 180,000
Petronet LNG Ltd 49,929 BEML 161,129
Berger Paints India 43,637 Motherson Sumi Systems 158,294
BPCL 33,268 Coal India 156,935
Maruti Suzuki India 31,574 Idea Cellular 144,218
Divis Laboratories 26,399 Navneet Publications 140,468
Torrent Pharmaceuticals 25,000 State Bank of India 134,635
Page Industries 21,880 Sadbhav Engineering 133,574
Vesuvius India 16,891 ICICI Bank 122,356
Goodyear India 16,618 Federal Bank 109,075
Gujarat Gas Company 15,754 Deepak Fertilizers 106,537
Punjab National Bank 14,732 Cox & Kings 105,864
Oil India 13,442 Consolidated Construction 100,000
GlaxoSmithKline Pharma 10,775 Engineers India 99,496
Lupin 10,360 HDFC Bank 91,777
HCL Technologies 5,940 Indian Oil Corporation 84,004
TTK Prestige 4,946 KEC International 82,775
Bharat Heavy Electricals 4,847 GIC Housing Finance 80,000
NTPC 2,275 United Bank of India 71,783
Supreme Infrastructure 1,394 Indian Bank 66,104
Balrampur Chini Mills 1,321 Kaveri Seed Company 52,072
Rallis India 937 Mahindra and Mahindra 52,035
DB Corp 895 Whirlpool of India. 49,971
Siemens 682 MphasiS 49,826
Madras Cements 631 Tata Chemicals 49,713
India Infoline 502 Axis Bank 49,557
CRISIL 405 Nava Bharat Ventures 43,797
MOIL 297 UTV Software Comm. 40,000
Hinduja Global Solutions 289 IndusInd Bank 35,999
FAG Bearings India 279 Coromandel International 32,071
NIIT Technologies 233 Infosys 31,203
APL Apollo Tubes 222 Cadila Healthcare 28,753
Zensar Technologies 157 HPCL 27,878
Colgate Palmolive (India) 133 Grasim Industries 25,790
Sesa Goa 117 Bharti Airtel 24,377
Bata India 110 Bajaj Auto 14,797
ACC 101 Firstsource Solutions 14,136
3M India 88 Jubilant Foodworks 11,881
Opto Circuits India 65 Educomp Solutions 9,977
Oracle Financial Services 7,214
Nestle India 7,099
Reliance Industries 6,148
Ashok Leyland 4,954
Biocon 4,374
Simplex Infrastructures 4,172
Bharat Bijlee 3,870
HCL Infosystems 3,260
Gujarat Pipavav Port 3,170
Asian Paints 2,980
Tamil Nadu Newsprint 2,586
Sterlite Industries (India) 2,134
Polaris Financial Tech. 2,079
Tata Motors 1,168
GlaxoSmithKline Consumer 1,054
Cummins India 1,051
Adani Ports and Special  489
Tata Steel 442
Tata Elxsi 412
OnMobile Global 367
Wipro 366
Tata Consultancy Services 341
Larsen and Toubro 277
DLF 272
Sun Pharmaceutical  267
WABCO India 234
Pfizer 223
AIA Engineering 217
Reliance Communications 181
Steel Authority of India 158
Clariant Chemicals India 157
Reliance Power 139
Unichem Laboratories 134
Lovable Lingerie 101
Kotak Mahindra Bank 99
Hero Motocorp 70
Mcleod Russel (India) 63
Shree Cements 60
Ranbaxy Laboratories 40
Reliance Infrastructure 36
Sun TV Network 35
Dr Reddys Laboratories 34
Ipca Laboratories 30
Bosch 17

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