Kotak Mahindra Mutual Fund has increased its weightage in information technology, automotive and telecom space, while decreased its weightage in oil & gas, metals & mining and tobacco space.
Dabur India, Sterlite Industries (India) and HDFC Warrants were top buys, while Hindalco Industries, Jaiprakash Associates and ITC were top sells by the fund. The study of Kotak Mahindra Mutual Fund for the month of February 2012 showed that in the information technology sector, it bought TCS, Infosys, MphasiS and Oracle Financial. However, it exited MindTree and HCL Technologies. In the automotive pack, it purchased Mahindra and Mahindra and Motherson Sumi Systems and Tata Motors, while sold Bajaj Auto, Maruti Suzuki India and Apollo Tyres. (View - All Bulk Deals by Mutual Funds). The fund bought Bharti Airtel in the telecom space. It sold Reliance Industries, ONGC, GAIL India and IOC in the oil & gas segment. It purchased BPCL, Cairn India and introduced Gujarat State Petronet in the same space. (Check out - Which sectors are attracting Fund Managers?) In the metals & mining space, it sold Coal India, Hindalco Industries and Jindal Steel. It also exited from Sesa Goa and SAIL. The fund bought Sterlite Industries (India) Gujarat Mineral Development Corporation in the same sector. The fund sold ITC in the tobacco pack. 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 Jan-Feb.| Company Name | Shares Bought | Stock | Shares Sold | |
| Dabur India | 1,975,000 | Hindalco Industries | 1,197,000 | |
| Sterlite Industries (India) | 1,890,964 | Jaiprakash Associates | 1,056,073 | |
| HDFC Warrants | 1,459,650 | ITC | 965,000 | |
| Bharti Airtel | 1,053,600 | Dish TV | 944,286 | |
| Motherson Sumi Systems | 893,704 | Sintex Industries | 850,000 | |
| Mahindra and Mahindra | 556,000 | Madras Cements | 700,000 | |
| Crompton Greaves | 425,000 | Reliance Industries | 656,656 | |
| Sun TV Network | 396,678 | Power Finance Corpn. | 602,964 | |
| Whirlpool of India. | 358,894 | Coal India | 558,984 | |
| Max India | 346,229 | IDFC | 500,000 | |
| Pantaloon Retail | 341,818 | Gujarat Pipavav Port | 499,694 | |
| Tata Consultancy Services | 334,100 | Hindustan Unilever | 486,512 | |
| Power Grid Corporation | 331,438 | KEC International | 475,000 | |
| Voltas | 319,183 | LIC Housing Finance | 454,005 | |
| Jain Irrigation Systems | 301,815 | ONGC | 450,000 | |
| Raymond | 301,726 | Union Bank of India | 447,785 | |
| Gujarat State Petronet | 300,000 | Indian Overseas Bank | 446,551 | |
| Zee Entertainment | 293,599 | Tata Power Company | 438,567 | |
| Graphite India | 281,336 | HDFC | 420,750 | |
| Cairn India | 270,046 | Oriental Bank of Commerce | 403,926 | |
| NTPC | 252,500 | Indian Oil Corporation | 275,000 | |
| Tata Motors | 225,000 | Vijaya Bank | 260,000 | |
| ING Vysya Bank | 209,619 | Hindustan Media Ventures | 259,397 | |
| Punjab National Bank | 200,000 | Hindustan Zinc | 256,000 | |
| Federal Bank | 195,000 | GAIL India | 229,000 | |
| Century Textiles | 185,000 | Jindal Steel & Power | 219,688 | |
| HDFC Bank | 147,300 | IRB Infrastructure Dev. | 215,000 | |
| Infosys | 125,160 | Tata Steel | 200,000 | |
| MphasiS | 118,776 | Allahabad Bank | 189,000 | |
| Redington (India) | 116,366 | Apollo Tyres | 175,569 | |
| BPCL | 110,000 | Yes Bank | 155,000 | |
| Larsen and Toubro | 102,500 | Lupin | 150,000 | |
| GMDC | 100,000 | Andhra Bank | 141,000 | |
| Indian Bank | 96,683 | Steel Authority of India | 140,000 | |
| ICICI Bank | 94,470 | EID Parry (India) | 137,647 | |
| Cadila Healthcare | 78,085 | Ipca Laboratories | 114,671 | |
| Corporation Bank | 75,927 | HPCL | 109,307 | |
| Rallis India | 72,027 | Sun Pharmaceutical | 103,384 | |
| Bharat Forge | 65,000 | TV18 Broadcast | 90,000 | |
| Navneet Publications | 59,413 | HCL Technologies | 76,979 | |
| Engineers India | 58,153 | Oil India | 67,393 | |
| Supreme Industries | 47,731 | MindTree | 65,726 | |
| Texmaco Rail and Engine. | 45,000 | Cipla | 62,420 | |
| DB Corp | 43,470 | Zuari Industries | 61,541 | |
| ILandFS Transportation | 42,714 | Bank Of Baroda | 60,000 | |
| Wipro | 41,280 | Gujarat Gas Company | 56,990 | |
| Tata Chemicals | 40,000 | Britannia Industries | 48,000 | |
| Bharat Heavy Electricals | 40,000 | Canara Bank | 40,000 | |
| Arvind | 28,500 | Amara Raja Batteries | 37,500 | |
| Divis Laboratories | 19,183 | IndusInd Bank | 32,729 | |
| Clariant Chemicals India | 19,134 | Bajaj Auto | 21,000 | |
| Oracle Financial Services | 16,180 | Chola Investment & Fin Co. | 20,612 | |
| Dr Reddys Laboratories | 16,000 | Maruti Suzuki India | 20,000 | |
| Alstom Projects | 12,993 | Strides Arcolab | 20,000 | |
| Jammu and Kashmir Bank | 9,519 | Bata India | 19,769 | |
| Solar Industries India | 8,213 | Hathway Cable | 18,594 | |
| Hawkins Cooker | 4,354 | Jet Airways | 15,500 | |
| State Bank of India | 3,222 | CESC | 15,477 | |
| Zodiac Clothing Company | 1,129 | Gillette India | 15,048 | |
| Sesa Goa | 11,336 | |||
| Cummins India | 10,588 | |||
| Grindwell Norton | 10,478 | |||
| Sobha Developers | 6,975 | |||
| GlaxoSmithKline Consumer | 6,630 | |||
| Torrent Pharmaceuticals | 4,587 | |||
| Aditya Birla Nuvo | 3,362 | |||
| TTK Prestige | 2,086 | |||
| Axis Bank | 679 | |||
| Grasim Industries | 343 |
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