Real-time Stock quotes, portfolio, LIVE TV and more.
Jul 12, 2012, 08.23 AM IST
Tata Mutual Fund has increased its weightage in engineering & capital goods, automotive and cement & construction sector, while slashed its exposure in information technology, oil & gas and food & beverages space.
The study of the portfolio managed by Tata Mutual Fund for the month of June 2012 shows that, in the engineering & capital goods sector the fund bought Larsen and Toubro, Gujarat Pipavav Port and Alstom Projects, while it sold Siemens, SKF India and FAG Bearings India. It also exited Bharat Bijlee and Adani Ports from the same space. (View - All Bulk Deals by Mutual Funds).
In the automotive segment, it purchased Maruti Suzuki India, Bajaj Auto and Hero Motocorp. However, it sold Tata Motors (DVR), Amara Raja Batteries and WABCO India.
The fund bought Shree Cements, Sadbhav Engineering and Jaiprakash Associates in the cement & construction sector but it sold Ambuja Cements, National Buildings Construction Corporation and Rain Commodities in the same sector.
In the information technology space, it sold HCL Technologies, Wipro, NIIT Technologies and exited OnMobile Global. However, in the same space the fund purchased Polaris, MphasiS and Persistent Systems. (Check out - Which sectors are attracting Fund Managers?).
The fund sold Cairn India, HPCL and BPCL in the oil & gas pack, while it bought ONGC, Gujarat State Petronet and Mangalore Refinery.
In the food & beverages space it sold Nestle India and exited Balrampur Chini Mills, while it purchased GlaxoSmithKline Consumer Healthcare.
Table of Stocks bought/ sold by Tata Mutual Funds...contd on Page 2
For more Mutual Fund Action in Market click here
Tags: Mangalore Refinery, Gujarat Pipavav Port, Gujarat State Petronet, Balrampur Chini Mills, Adani Ports, NTPC, Tata Mutual Fund
May 18 2013, 17:26
- in MARKET OUTLOOK
May 17 2013, 12:39
- in MARKET OUTLOOK