Apr 14, 2012 09:12 AM IST | Source:

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 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


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 NameQty BoughtStockShares sold
Gujarat State Petronet4,851,208Rain Commodities5,198,523
Mangalore Refinery2,233,952IVRCL3,468,404
Hindustan Zinc1,336,128Sterlite Technologies3,359,867
Taj GVK Hotels & Resorts690,808Exide Industries1,359,513
Zee Entertainment513,158Jaiprakash Associates977,648
IDFC498,814Tata Power Company901,019
Power Grid Corporation484,255Usha Martin862,050
Ambuja Cements482,224Titan Industries704,371
Dish TV426,617Standard Chartered PLC688,158
HDFC377,563Power Finance Corpn.659,607
GMDC370,882Hindalco Industries603,072
Bharat Electronics343,819Allahabad Bank575,003
Indraprastha Gas302,952Hindustan Unilever567,415
GAIL India295,481Rural Electrification464,719
Castrol India294,279Jyoti Structures449,168
Jindal Steel & Power207,703Texmaco Rail and Engin.409,846
SKF India163,587Bank Of Baroda384,182
Oriental Bank of Commerce147,625Central Bank of India264,426
Amara Raja Batteries142,724Tata Global Beverage260,000
Strides Arcolab120,424Cipla256,689
Yes Bank120,310Greaves Cotton254,498
Corporation Bank116,006Mcnally Bharat Engin.244,547
LIC Housing Finance99,455NCC230,039
Tata Motors (DVR)95,956Cairn India218,334
Thermax70,011Crompton Greaves199,775
Gujarat State Fertilizers68,973Godrej Consumer Products186,513
ITC68,678Elecon Engineering Co.180,000
Petronet LNG Ltd49,929BEML161,129
Berger Paints India43,637Motherson Sumi Systems158,294
BPCL33,268Coal India156,935
Maruti Suzuki India31,574Idea Cellular144,218
Divis Laboratories26,399Navneet Publications140,468
Torrent Pharmaceuticals25,000State Bank of India134,635
Page Industries21,880Sadbhav Engineering133,574
Vesuvius India16,891ICICI Bank122,356
Goodyear India16,618Federal Bank109,075
Gujarat Gas Company15,754Deepak Fertilizers106,537
Punjab National Bank14,732Cox & Kings105,864
Oil India13,442Consolidated Construction100,000
GlaxoSmithKline Pharma10,775Engineers India99,496
Lupin10,360HDFC Bank91,777
HCL Technologies5,940Indian Oil Corporation84,004
TTK Prestige4,946KEC International82,775
Bharat Heavy Electricals4,847GIC Housing Finance80,000
NTPC2,275United Bank of India71,783
Supreme Infrastructure1,394Indian Bank66,104
Balrampur Chini Mills1,321Kaveri Seed Company52,072
Rallis India937Mahindra and Mahindra52,035
DB Corp895Whirlpool of India.49,971
Madras Cements631Tata Chemicals49,713
India Infoline502Axis Bank49,557
CRISIL405Nava Bharat Ventures43,797
MOIL297UTV Software Comm.40,000
Hinduja Global Solutions289IndusInd Bank35,999
FAG Bearings India279Coromandel International32,071
NIIT Technologies233Infosys31,203
APL Apollo Tubes222Cadila Healthcare28,753
Zensar Technologies157HPCL27,878
Colgate Palmolive (India)133Grasim Industries25,790
Sesa Goa117Bharti Airtel24,377
Bata India110Bajaj Auto14,797
ACC101Firstsource Solutions14,136
3M India88Jubilant Foodworks11,881
Opto Circuits India65Educomp Solutions9,977
Oracle Financial Services7,214
Nestle India7,099
Reliance Industries6,148
Ashok Leyland4,954
Simplex Infrastructures4,172
Bharat Bijlee3,870
HCL Infosystems3,260
Gujarat Pipavav Port3,170
Asian Paints2,980
Tamil Nadu Newsprint2,586
Sterlite Industries (India)2,134
Polaris Financial Tech.2,079
Tata Motors1,168
GlaxoSmithKline Consumer1,054
Cummins India1,051
Adani Ports and Special 489
Tata Steel442
Tata Elxsi412
OnMobile Global367
Tata Consultancy Services341
Larsen and Toubro277
Sun Pharmaceutical 267
WABCO India234
AIA Engineering217
Reliance Communications181
Steel Authority of India158
Clariant Chemicals India157
Reliance Power139
Unichem Laboratories134
Lovable Lingerie101
Kotak Mahindra Bank99
Hero Motocorp70
Mcleod Russel (India)63
Shree Cements60
Ranbaxy Laboratories40
Reliance Infrastructure36
Sun TV Network35
Dr Reddys Laboratories34
Ipca Laboratories30

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