May 09, 2012 07:17 PM IST | Source:

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.

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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


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 NameShares BoughtStockShares sold
IDFC2,005,107Dish TV1,067,168
Ashok Leyland1,894,226Sterlite Technologies1,050,890
Standard Chartered PLC1,034,019Balrampur Chini Mills924,132
Jaiprakash Associates748,298Taj GVK Hotels & Resorts859,755
Bharat Forge640,038Ambuja Cements814,761
Yes Bank562,265Bharat Heavy Electricals695,991
Mangalore Refinery504,877Indraprastha Gas627,096
National Buildings Constr.438,745Gujarat Gas Company390,897
Power Grid Corporation385,833HCL Infosystems360,869
Gujarat Pipavav Port378,418Cipla334,494
Sadbhav Engineering281,256Polaris Financial Technology289,287
Hindustan Unilever271,347Tata Power Company247,231
Sun Pharmaceutical241,446Hindalco Industries245,374
ICICI Bank235,849Oriental Bank of Commerce241,461
Cummins India228,948Gujarat State Petronet231,921
MOIL209,064Indian Bank220,547
Tata Motors (DVR)172,028Mcleod Russel (India)216,326
NIIT Technologies139,301Idea Cellular200,260
GMDC106,515OnMobile Global199,823
Supreme Infrastructure99,659APL Apollo Tubes166,897
eClerx Services97,100Texmaco Rail and Engin.157,467
CESC92,782Bank Of Baroda153,626
NHPC85,489Cadila Healthcare151,558
Tamil Nadu Newsprint84,564Whirlpool of India.135,045
Jindal Steel & Power83,727Corporation Bank125,706
SKF India76,737Reliance Industries105,074
Berger Paints India75,177DB Corp97,908
Divis Laboratories70,386ONGC95,475
ITC55,801Opto Circuits India83,936
Tata Consultancy Services55,277Colgate Palmolive (India)56,066
Castrol India52,448Adani Ports and Special55,287
HDFC Bank38,290Exide Industries51,522
Multi Commodity Exchange37,276Power Finance Corporation49,373
WABCO India25,093Coal India42,613
Oil India24,049Bharat Electronics40,940
Strides Arcolab23,319Tata Chemicals40,117
Goodyear India16,502Biocon39,730
HDFC15,377HCL Technologies39,716
Jubilant Foodworks12,538Pfizer37,555
HPCL12,523Grasim Industries34,680
Amara Raja Batteries10,792Cox & Kings32,505
TTK Prestige10,577ACC31,018
Simplex Infrastructures10,175State Bank of India29,731
Hero Motocorp9,493CMC28,809
Madras Cements7,731Bharat Bijlee27,389
NCC7,489Bharti Airtel27,108
Tata Motors6,713Lovable Lingerie25,154
P & G Hygiene and Health5,948Shoppers Stop23,154
Sterlite Industries (India)5,938GlaxoSmithKline Pharma19,723
FAG Bearings India5,344Greaves Cotton10,493
GAIL India5,120Infosys9,265
Axis Bank5,004Punjab National Bank5,022
Cairn India4,801KEC International4,225
Rallis India4,706Reliance Communications3,569
Firstsource Solutions4,589Bata India3,529
Larsen and Toubro2,740LIC Housing Finance3,366
Tata Steel2,604Reliance Power2,561
Mahindra Lifespace Dev.2,581SJVN2,538
Thermax2,265Hindustan Zinc1,277
Mahindra and Mahindra2,067India Infoline1,032
DLF1,718Nestle India858
Deepak Fertilizers1,2253M India604
Asian Paints1,198Zee Entertainment479
Siemens985Educomp Solutions418
GlaxoSmithKline Consumer940MphasiS349
SpiceJet849Rain Commodities273
AIA Engineering806Ratnamani Metals240
Navneet Publications647Voltas220
Page Industries644Ipca Laboratories180
Container Corporation638Motherson Sumi Systems168
Unichem Laboratories635Sun TV Network143
Rural Electrification611Federal Bank128
Bajaj Auto578Birla Corporation125
Maruti Suzuki India574Petronet LNG Ltd84
United Bank of India571Motilal Oswal Financial78
EIH542Reliance Infrastructure74
Hinduja Global Solutions459Sesa Goa66
Vesuvius India247Steel Authority of India57
Gujarat State Fertilizers212Tata Elxsi51
Nava Bharat Ventures197Dr Reddys Laboratories44
TV Today Network157Ranbaxy Laboratories43
Aventis Pharma136Oracle Financial Services34
Alstom Projects136Shree Cements31
Jet Airways108
Persistent Systems104

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