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Last Updated : Jun 17, 2013 08:49 AM IST | Source: Moneycontrol.com

DSP BlackRock MF sells engg, oil & gas; buys auto

DSP BlackRock Mutual Fund has decreased its investments from engineering & capital goods, oil & gas and consumer non-durables space. Jaiprakash Associates, IndusInd Bank and Tata Power Company were the top sells.

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DSP BlackRock Mutual Fund has decreased its investments from engineering & capital goods, oil & gas and consumer non-durables space, while enhanced its exposure in automotive, cement & construction and metals & mining.

Jaiprakash Associates, IndusInd Bank and Tata Power Company were the top sells, while Mahindra Satyam, Tata Motors and LIC Housing Finance were the top buys.

A study of the DSP BlackRock Mutual Fund portfolio for the month of May 2013 showed that in the engineering & capital goods space, the fund sold Jaiprakash Associates, Reliance Industrial Infrastructure and KEC International. However, it bought Larsen and Toubro, Havells India, Siemens and introduced Thermax in the same space. (View - All Bulk Deals by Mutual Funds).

In the oil & gas segment, it sold GAIL India, BPCl and HPCL, while it bought ONGC and Mangalore Refinery in the same segment.

The fund sold Godrej Industries and exited from Hindustan Unilever and Marico in the consumer non-durables sector, however it purchased Colgate Palmolive (India), Jyothy Laboratories, Procter and Gamble and introduced Bajaj Corp.

In the automotive pack, the fund bought Mahindra and Mahindra, Bajaj Auto, Maruti Suzuki India and introduced Tata Motors. (Check out - Which sectors are attracting Fund Managers?)

The fund purchased Shree Cements, Kajaria Ceramics and introduced UltraTech Cement in the cement & construction segment.

In the metals & mining space, the fund bought Coal India, Tata Steel and Hindalco Industries. While, it sold GMDC, Adhunik Metaliks, Sterlite Industries (India) and exited Jindal Steel & Power from the same pack.

Table of Stocks bought/ sold by DSP BlackRock 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 April-May 2013.

Company NameShares boughtStockShares sold
Mahindra Satyam3,250,592Jaiprakash Associates18,818,639
Tata Motors2,530,508IndusInd Bank2,549,806
LIC Housing Finance2,473,571Tata Power Company2,123,733
Coal India2,033,498Dish TV1,901,967
HDFC1,959,078Tata Chemicals1,751,265
Idea Cellular1,864,183State Bank of India1,543,548
Bharti Airtel1,352,647Glenmark Pharma1,531,244
Titan Industries990,001Gujarat Pipavav Port1,493,831
ONGC816,997Max India1,488,796
Tata Global Beverage768,365Hindustan Unilever1,477,497
HDFC Bank711,582Zee Entertainment1,330,810
Mahindra and Mahindra699,198Wipro1,082,643
Larsen and Toubro620,526Power Finance Corporation1,067,753
ICICI Bank473,784Canara Bank1,052,038
Mangalore Refinery452,971GAIL India1,020,446
Sun Pharmaceutical421,657Tube Investments of India834,205
Tata Steel397,076Polaris Financial Technology715,391
Bajaj Auto326,173HPCL628,762
Development Credit Bank294,189Jaiprakash Power Ventures516,205
Maruti Suzuki India278,060Reliance Industries499,912
Gateway Distriparks262,000Gujarat State Petronet489,469
M & M Financial Services247,082United Spirits445,195
Tata Consultancy Services237,016Adhunik Metaliks425,547
Britannia Industries218,041Infosys406,908
Adani Power212,241Siti Cable Network383,505
Ipca Laboratories206,071Dhanlaxmi Bank363,860
Punjab National Bank180,034Oriental Bank of Commerce350,813
ING Vysya Bank174,967Future Retail330,033
UltraTech Cement173,800SpiceJet325,510
Bajaj Finance170,081Tata Communications308,890
Colgate Palmolive (India)133,442IDFC280,282
Nestle India113,964JSW Energy259,047
Tata Motors (DVR)106,283Bombay Dyeing210,630
Hindalco Industries104,410Adani Ports and Special199,018
Cipla98,937Union Bank of India189,913
NTPC81,955Timken India187,704
Bajaj Corp66,726Redington (India)185,856
Adani Enterprises63,827Crompton Greaves174,045
Thermax63,448United Phosphorous170,000
Motherson Sumi Systems60,847Coromandel International162,469
Kotak Mahindra Bank60,768Reliance Industrial Infras155,626
Shree Cements48,838Kalpataru Power Trans.149,365
Strides Arcolab47,918BPCL145,680
Symphony45,000Cairn India144,660
Bayer Cropscience38,386Bajaj Finserv140,378
SKS Microfinance29,688Sobha Developers134,115
NMDC26,293Bank Of Baroda133,833
EID Parry (India)23,558Indoco Remedies124,827
HCL Technologies12,711Sterlite Industries (India)120,886
Info Edge India12,704GMDC111,537
Persistent Systems6,327PTC India108,391
Aditya Birla Nuvo5,814Deep Industries106,535
Godrej Properties2,962Power Grid Corporation103,402
eClerx Services2,270CESC101,606
Solar Industries India2,027Oberoi Realty100,536
CMC1,808Titagarh Wagons83,591
Godrej Industries69,445
Dr Reddys Laboratories63,400
Prestige Estates Projects60,844
Tech Mahindra59,801
Karur Vysya Bank52,279
Oil India47,481
ILandFS Transportation47,000
Tata Coffee44,648
Unichem Laboratories40,607
Tecpro Systems36,146
Jindal Steel & Power34,472
KEC International33,318
Grasim Industries27,346
Shriram City Union Finance23,948
Zuari Agro Chemicals19,391
Mangalore Chemicals18,158
NIIT Technologies16,061
Binani Industries15,035
JM Financial9,402
Zydus Wellness8,200
Havells India8,074
Blue Dart Express7,708
Hexaware Technologies6,469
Kajaria Ceramics6,377
Balrampur Chini Mills4,461
Piramal Glass4,120
Pidilite Industries3,717
Oracle Financial Services3,628
Mount Everest Mineral Water3,241
Jyothy Laboratories2,678
Exide Industries2,290
Hathway Cable and Datacom783
United Breweries676
Bata India554
Cadila Healthcare554
Cummins India542
Jubilant Life Sciences518
Eicher Motors470
P&G Hygiene and Health Care329

First Published on Jun 17, 2013 08:49 am