183417 Investors following Reliance. Share this News with them.
0
Like this story, share it with millions of investors on M3
Is Reliance Industries over-owned?
Reliance has slipped below 2000 mark for the first time since September 12, 2007. It fell 38.5% from its all-time high of Rs 3252. What could be the key trigger for this event? Is RIL overowned? On a relative basis, Reliance Industries is held by 253 mutual fund schemes.
Reliance has slipped below THE 2,000 mark for the first time since September 12, 2007. It fell 38.5% from its all-time high of Rs 3252.
What could be the key trigger for this event? Is RIL overowned? On a relative basis, Reliance Industries is held by 253 mutual fund schemes, while BHEL amounts to 207, Bharti Airtel is held by 197 MF schemes as is ICICI while L&T is at 190.
With Reliance MFs hold 2.72% stake in the company, out of which 137 schemes have more than 5% exposure and 26 schemes have exposure of more than 10%.
MAXIMUM EXPOSURE TO RIL
Fund NameNet Asset (%)Invst (Rs Cr)
ICICI Prudential 9.16 408.60 Rel Div Power 5.68 313.00 Rel Natural Resources 5.15 280.21
DSPML T.I.G.E.R. 6.56 264.91 Morgan Stanley Growth 7.95 263.63 Fidelity Equity 7.36 223.80
Reliance Equity 8.22 214.63 Sundaram Energy 9.45 211.28
Reliance
