May 09, 2012 07:17 PM IST | Source: Moneycontrol.com

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

Tata Mutual Fund increased its weightage in banking & financial services, automotive and manufacturing, while slashed its exposure in oil & gas, information technology and telecommunication.

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

Tata Mutual Fund increased its weightage in banking & financial services, automotive and manufacturing, while slashed its exposure in oil & gas, information technology and telecommunication.

IDFC, Ashok Leyland and Standard Chartered PLC were the top buys, while Dish TV, Sterlite Technologies and Balrampur Chini Mills were the top sells.

The study of the portfolio managed by Tata Mutual Fund for the month of April 2012 shows that, in the banking & financial services space the fund bought ICICI Bank, IDFC and Yes Bank, while it sold Bank Of Baroda, Oriental Bank of Commerce and Indian Bank. It also exited Corporation Bank in the same space.

In the automotive segment, it purchased Ashok Leyland, WABCO India and Tata Motors (DVR) but it sold Exide Industries. (View - All Bulk Deals by Mutual Funds).

The fund bought Bharat Forge, Tamil Nadu Newsprint and Page Industries in the manufacturing pack. However, it exited Lovable Lingerie and sell Bharat Electronics.

In the oil & gas sector, the fund sold Indraprastha Gas, Gujarat Gas Company and Gujarat State Petronet, while it bought Cairn India, ONGC and Mangalore Refinery and Petrochemicals. (Check out - Which sectors are attracting Fund Managers?).

The fund sold Infosys, Polaris Financial and Wipro in the information technology pack. However, it purchased TCS, eClerx Services and NIIT Technologies.

In the telecommunication space, it exited Reliance Communications, Sterlite Technologies and sold Bharti Airtel and Idea Cellular.

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 March-April 2012.

Company Name Shares Bought Stock Shares sold
IDFC 2,005,107 Dish TV 1,067,168
Ashok Leyland 1,894,226 Sterlite Technologies 1,050,890
Standard Chartered PLC 1,034,019 Balrampur Chini Mills 924,132
Jaiprakash Associates 748,298 Taj GVK Hotels & Resorts 859,755
Bharat Forge 640,038 Ambuja Cements 814,761
Yes Bank 562,265 Bharat Heavy Electricals 695,991
Mangalore Refinery 504,877 Indraprastha Gas 627,096
National Buildings Constr. 438,745 Gujarat Gas Company 390,897
Power Grid Corporation 385,833 HCL Infosystems 360,869
Gujarat Pipavav Port 378,418 Cipla 334,494
Sadbhav Engineering 281,256 Polaris Financial Technology 289,287
Hindustan Unilever 271,347 Tata Power Company 247,231
Sun Pharmaceutical 241,446 Hindalco Industries 245,374
ICICI Bank 235,849 Oriental Bank of Commerce 241,461
Cummins India 228,948 Gujarat State Petronet 231,921
MOIL 209,064 Indian Bank 220,547
Tata Motors (DVR) 172,028 Mcleod Russel (India) 216,326
NIIT Technologies 139,301 Idea Cellular 200,260
GMDC 106,515 OnMobile Global 199,823
Supreme Infrastructure 99,659 APL Apollo Tubes 166,897
eClerx Services 97,100 Texmaco Rail and Engin. 157,467
CESC 92,782 Bank Of Baroda 153,626
NHPC 85,489 Cadila Healthcare 151,558
Tamil Nadu Newsprint 84,564 Whirlpool of India. 135,045
Jindal Steel & Power 83,727 Corporation Bank 125,706
Arvind 83,643 Lupin 107,724
SKF India 76,737 Reliance Industries 105,074
Berger Paints India 75,177 DB Corp 97,908
Divis Laboratories 70,386 ONGC 95,475
CRISIL 61,471 NTPC 94,456
ITC 55,801 Opto Circuits India 83,936
Tata Consultancy Services 55,277 Colgate Palmolive (India) 56,066
Castrol India 52,448 Adani Ports and Special 55,287
HDFC Bank 38,290 Exide Industries 51,522
Multi Commodity Exchange 37,276 Power Finance Corporation 49,373
BPCL 31,832 Wipro 47,085
WABCO India 25,093 Coal India 42,613
Oil India 24,049 Bharat Electronics 40,940
Strides Arcolab 23,319 Tata Chemicals 40,117
Goodyear India 16,502 Biocon 39,730
HDFC 15,377 HCL Technologies 39,716
Jubilant Foodworks 12,538 Pfizer 37,555
HPCL 12,523 Grasim Industries 34,680
Amara Raja Batteries 10,792 Cox & Kings 32,505
TTK Prestige 10,577 ACC 31,018
Simplex Infrastructures 10,175 State Bank of India 29,731
Hero Motocorp 9,493 CMC 28,809
Madras Cements 7,731 Bharat Bijlee 27,389
NCC 7,489 Bharti Airtel 27,108
Tata Motors 6,713 Lovable Lingerie 25,154
P & G Hygiene and Health 5,948 Shoppers Stop 23,154
Sterlite Industries (India) 5,938 GlaxoSmithKline Pharma 19,723
FAG Bearings India 5,344 Greaves Cotton 10,493
GAIL India 5,120 Infosys 9,265
Axis Bank 5,004 Punjab National Bank 5,022
Cairn India 4,801 KEC International 4,225
Rallis India 4,706 Reliance Communications 3,569
Firstsource Solutions 4,589 Bata India 3,529
Larsen and Toubro 2,740 LIC Housing Finance 3,366
Tata Steel 2,604 Reliance Power 2,561
Mahindra Lifespace Dev. 2,581 SJVN 2,538
Thermax 2,265 Hindustan Zinc 1,277
Mahindra and Mahindra 2,067 India Infoline 1,032
DLF 1,718 Nestle India 858
Deepak Fertilizers 1,225 3M India 604
Asian Paints 1,198 Zee Entertainment 479
Siemens 985 Educomp Solutions 418
GlaxoSmithKline Consumer 940 MphasiS 349
SpiceJet 849 Rain Commodities 273
AIA Engineering 806 Ratnamani Metals 240
Navneet Publications 647 Voltas 220
Page Industries 644 Ipca Laboratories 180
Container Corporation 638 Motherson Sumi Systems 168
Unichem Laboratories 635 Sun TV Network 143
Rural Electrification 611 Federal Bank 128
Bajaj Auto 578 Birla Corporation 125
Maruti Suzuki India 574 Petronet LNG Ltd 84
United Bank of India 571 Motilal Oswal Financial 78
EIH 542 Reliance Infrastructure 74
Hinduja Global Solutions 459 Sesa Goa 66
Vesuvius India 247 Steel Authority of India 57
Gujarat State Fertilizers 212 Tata Elxsi 51
Nava Bharat Ventures 197 Dr Reddys Laboratories 44
TV Today Network 157 Ranbaxy Laboratories 43
Aventis Pharma 136 Oracle Financial Services 34
Alstom Projects 136 Shree Cements 31
BEML 123 Bosch 20
Jet Airways 108
Persistent Systems 104
NMDC 62

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