HomeNewsBusinessMutual FundsITC, Exide, Zee Entertainment top buys: Kotak Mahindra MF

ITC, Exide, Zee Entertainment top buys: Kotak Mahindra MF

Kotak Mahindra Mutual Fund has enhanced its exposure in tobacco, cement & construction and media & entertainment space, while slashed its exposure in pharmaceuticals, utilities and information technology space.

April 07, 2012 / 10:06 IST
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Kotak Mahindra Mutual Fund has enhanced its exposure in tobacco, cement & construction and media & entertainment space, while slashed its exposure in pharmaceuticals, utilities and information technology space.

ITC, Exide Industries and Zee Entertainment were top buys, while United Phosphorous, HDFC Warrants and Tata Power Company were top sells by the fund.
The study of Kotak Mahindra Mutual Fund for the month of March 2012 showed that in the tobacco pack, it introduced VST Industries and bought ITC.
In the cement & construction space, it introduced Ambuja Cements, ACC and purchased India Cements and ILandFS Transportation Networks. However, it sold IRB Infrastructure Developers. (View - All Bulk Deals by Mutual Funds).
The fund bought Sun TV Network, Zee Entertainment Enterprises and DB Corp in the media & entertainment segment. It also introduced Dish TV. But fund sold Hathway Cable and Hindustan Media Ventures in the same segment.
The selling was seen in the pharmaceuticals, utilities and information technology sector. In the pharmaceuticals pack, it exited Biocon and sold Torrent Pharmaceuticals, Sun Pharmaceutical and Lupin. However, it bought Cipla, Dr Reddys Laboratories and Divis Laboratories. It also introduced Natco Pharma in the same pack.
In the utilities space, it sold NTPC, Tata Power Company, Power Grid Corporation of India and CESC. (Check out - Which sectors are attracting Fund Managers?)
The fund sold Infosys, Tata Consultancy Services and MphasiS in the information technology space, while purchased Oracle Financial Services Software. Table of Stocks bought/ sold by Kotak Mahindra Mutual Fund...contd on Page 2 For more Mutual Fund Action in Market click here _PAGEBREAK_ 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 Feb-Mar.

Stock

Shares Bought

 

Stock

Shares Sold

ITC

1,525,000

 

United Phosphorous

849,871

Exide Industries

1,000,000

 

HDFC Warrants

658,600

Zee Entertainment

751,700

 

Tata Power Company

592,184

Gujarat State Petronet

700,200

 

NTPC

580,000

Chambal Fertilisers

664,117

 

Mahindra and Mahindra

505,000

Dish TV

650,000

 

GAIL India

475,000

Sun TV Network

467,589

 

Bharti Airtel

413,600

HPCL

411,600

 

Torrent Pharmaceuticals

393,850

Voltas

397,654

 

Power Grid Corporation

358,994

HDFC

343,350

 

Hathway Cable

310,691

Cipla

289,000

 

Cairn India

309,117

Sterlite Industries (India)

275,000

 

Sun Pharmaceutical

295,616

Ambuja Cements

261,283

 

Hindustan Zinc

275,000

ONGC

255,000

 

Gujarat Pipavav Port

267,375

Jain Irrigation Systems

250,000

 

Lupin

244,890

ACC

232,500

 

Ipca Laboratories

220,329

Graphite India

230,598

 

ICICI Bank

216,750

Tata Motors

225,000

 

Indian Oil Corporation

200,000

Crompton Greaves

223,200

 

Hindustan Media Ventures

198,859

Bharat Heavy Electricals

222,000

 

Standard Chartered PLC

175,000

India Cements

200,000

 

Britannia Industries

166,000

Apollo Tyres

195,000

 

HDFC Bank

165,000

Development Credit Bank

185,000

 

CESC

158,143

Jindal Steel & Power

171,250

 

BPCL

140,000

IndusInd Bank

150,000

 

MphasiS

101,018

Max India

140,000

 

Tata Consultancy

92,500

Century Textiles

130,408

 

Sobha Developers

87,029

Texmaco Rail and Engine.

129,107

 

Infosys

75,000

Pantaloon Retail

128,749

 

Marico

72,521

Hindustan Unilever

118,783

 

Supreme Industries

64,323

Adani Ports and Special

114,397

 

Cadila Healthcare

60,310

LIC Housing Finance

100,000

 

IRB Infrastructure

50,000

Reliance Industries

95,799

 

Zodiac Clothing Company

49,103

Whirlpool of India.

93,030

 

Jammu and Kashmir Bank

46,935

Yes Bank

82,900

 

State Bank of India

45,000

Motherson Sumi Systems

78,326

 

Gujarat Gas Company

42,000

Natco Pharma

76,405

 

Jain Irrigation Sys (DVR)

35,000

Engineers India

69,478

 

Biocon

27,500

DB Corp

66,162

 

GlaxoSmithKline Consumer

27,192

Tata Motors (DVR)

60,500

 

Maruti Suzuki India

25,000

Oriental Bank of Commerce

56,823

 

EID Parry (India)

20,395

Emami

56,702

 

Aditya Birla Nuvo

20,104

Chennai Petroleum Corpn.

54,000

 

Grasim Industries

19,657

Hero Motocorp

50,000

 

Raymond

19,168

Bank Of Baroda

48,734

 

Union Bank of India

18,447

Bajaj Auto

45,000

 

Federal Bank

15,000

ING Vysya Bank

43,015

 

Bata India

10,000

Punjab National Bank

37,500

 

Strides Arcolab

10,000

Navneet Publications

33,866

 

 

 

ILandFS Transportation

33,858

 

 

 

Power Finance Corporation

30,000

 

 

 

United Spirits

25,000

 

 

 

Larsen and Toubro

25,000

 

 

 

Divis Laboratories

25,000

 

 

 

Allahabad Bank

21,120

 

 

 

Oracle Financial Services

19,217

 

 

 

Zuari Industries

11,371

 

 

 

Dr Reddys Laboratories

10,844

 

 

 

Arvind

10,100

 

 

 

HT Media

9,000

 

 

 

VST Industries

7,298

 

 

 

Solar Industries India

2,909

 

 

 

Hawkins Cooker

2,493

 

 

 

first published: Apr 7, 2012 09:54 am

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