|
Sep 13, 2012, 11.16 AM IST
DSP BlackRock Mutual Fund has decreased its investments from automotive, media & entertainment and services space, while enhanced its exposure in food & beverages, oil & gas and tobacco.
KSK Energy Ventures, APL Apollo Tubes and Tata Power Company were the top sells, while Tata Motors (DVR), NMDC and HCL Technologies were the top buys. A study of the DSP BlackRock Mutual Fund portfolio for the month of August 2012 showed that in the automotive space, the fund sold Tata Motors, Apollo Tyres, Bosch and exited from Ashok Leyland and Hero Motocorp. However it bought Tata Motors (DVR), Motherson Sumi Systems and Bajaj Auto from the same space. In the media & entertainment segment, it sold Dish TV, while it bought Zee Entertainment Enterprises and Hathway Cable & Datacom in the same space. The fund sold Adani Enterprises in the services space, however it bought SpiceJet. (View - All Bulk Deals by Mutual Funds). In the food & beverages space, the fund introduced GlaxoSmithKline Consumer Healthcare, Britannia Industries and bought United Breweries, Tata Coffee and Mcleod Russel (India). While, it sold Tata Global Beverage and exited from Radico Khaitan. The fund purchased Reliance Industries, Cairn India and Gujarat State Petronet in the oil & gas space and also introduced Mangalore Refinery and Petrochemicals. However, it sold BPCL, HPCL and ONGC. (Check out - Which sectors are attracting Fund Managers?) In the tobacco pack, it sold ITC.
Table of Stocks bought/ sold by DSP BlackRock Mutual Funds...contd on Page 2
For more Mutual Fund Action in Market click here
|
 From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'  The latest earning numbers FIRST on CNBC-TV18
News Videos
|
