DSP BlackRock Mutual Fund sells banking, IT, engg

DSP BlackRock Mutual Fund has slashed its exposure in banking & financial services, information technology and engineering & capital goods space.

April 13, 2011 / 14:15 IST
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DSP BlackRock Mutual Fund has slashed its exposure in banking & financial services, information technology and engineering & capital goods space.

Coal India, Gujarat Pipavav Port and Hindustan Unilever were the top sells.
A study of DSP BlackRock scheme for the month of March 2011 shows that in the banking & financial services space, the fund sold ICICI Bank, HDFC Bank and Housing Development Finance Corporation. It also exited Indian Bank and Sundaram Finance. However, it purchased Union Bank of India, IDBI Bank and Axis Bank. It also introduced Infrastructure Development Finance Company, Bajaj Finserv and Federal Bank. (View - All Bulk Deals by Mutual Funds).
In the information technology segment, it sold Infosys Technologies, Tata Consultancy Services and Oracle Financial Services Software. Also it exited Mphasis and Nucleus Software in the same space. It bought Wipro, Tata Elxsi and Take Solutions in the same space. (Check out - Which sectors are attracting Fund Managers?)
The fund sold Cummins India, Larsen and Toubro and Areva T&D in the engineering & capital goods, while it introduced Titagarh Wagons. Table of Stocks bought/ sold by DSP BlackRock Mutual Fund...contd on Page 2 For more Mutual Fund Action in Market click here _PAGEBREAK_ 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 Feb-March 2011.

Company NameShares BoughtStockShares Sold
Chambal Fertilisers4,114,240Coal India6,464,804
IDFC3,540,626Gujarat Pipavav Port4,358,465
Union Bank of India1,787,862Hindustan Unilever4,255,548
Ashok Leyland1,264,379SpiceJet3,620,668
NCC1,264,186Ballarpur Industries3,577,597
Reliance Industries1,145,233Cipla3,540,981
Mahindra and Mahindra752,319GAIL India3,504,497
IDBI Bank700,002BPCL3,448,179
Tata Motors607,433Tata Consultancy Services3,369,754
Bajaj Finserv558,604ICICI Bank3,345,837
Prestige Estates Projects479,059Hindalco Industries3,343,747
Hindustan Oil Exploration438,500Idea Cellular3,309,751
Sesa Goa381,890Cairn India3,206,502
Mcleod Russel (India)343,000Hindustan Construction Co3,199,992
Federal Bank306,957NIIT3,147,920
Kajaria Ceramics300,007Sun Pharmaceutical 3,073,532
Wipro263,542Siemens3,070,197
Titagarh Wagons177,000Ranbaxy Laboratories2,829,139
Bombay Dyeing 158,007Areva T&D2,740,879
Navneet Publications143,987Voltas2,673,698
Unichem Laboratories125,954ITC2,672,338
Hindustan Dorr-Oliver115,203Kotak Mahindra Bank2,666,793
Whirlpool of India.98,600Gujarat State Petronet2,638,753
Lovable Lingerie97,561GVK Power & Infrastructure2,625,593
TTK Prestige71,137Praj Industries2,527,349
Exide Industries66,608KEC International2,524,332
Axis Bank38,996Indian Oil Corporation2,403,914
Phillips Carbon Black26,957HDFC2,245,936
JMC Projects (India)18,102Sterlite Industries (India)2,211,527
KPR Mill11,458Jyoti Structures2,186,124
Indoco Remedies8,189Indian Bank2,178,254
Pfizer6,601Havells India2,099,593
Indosolar6,410Arvind2,044,557
Rane Madras4,442Rural Electrification Corpn.1,974,786
Vivimed Labs2,134Tata Motors (DVR)1,952,712
Astec Lifesciences2,019Power Grid Corporation1,948,193
Jyothy Laboratories1,910Bharti Airtel1,849,439
Steel Strips Wheels1,286NTPC1,815,340
Timken India1,199EID Parry (India)1,797,400
Shiv Vani Oil & Gas398Cummins India1,743,274
Bharat Bijlee329ONGC1,663,948
Gujarat NRE Coke (DVR)260HDFC Bank1,593,454
Zee Entertainment206IndusInd Bank1,591,886
Infosys Technologies1,584,403
Tata Steel1,498,387
Great Eastern Shipping1,464,876
Radico Khaitan1,396,573
Tata Chemicals1,372,771
Indraprastha Gas1,366,942
ING Vysya Bank1,363,087
Godrej Industries1,335,075
HPCL1,322,873
Gateway Distriparks1,304,145
Bajaj Electricals1,295,392
Crompton Greaves1,294,080
ILandFS Transportation1,259,840
Hathway Cable1,235,590
Adani Power1,208,780
ILandFS Engineering1,186,342
Hindustan Media Ventures1,170,416
Tilaknagar Industries1,167,356
HCL Technologies1,165,103
PTC India1,163,628
Thermax1,107,268
M & M Financial Services995,624
JSW Steel982,813
Lupin968,719
KSK Energy Ventures956,133
United Breweries950,618
KPIT Cummins Infosystems942,724
Engineers India879,951
SRF875,464
Torrent Power854,469
Sintex India770,286
Usha Martin753,862
Torrent Pharmaceuticals730,647
Tecpro Systems726,832
Power Finance Corporation724,335
Tata Global Beverage705,398
Godrej Properties696,328
Bharat Forge672,076
Mundra Port and Special668,737
Info Edge India666,098
Larsen and Toubro650,049
Bank Of India636,320
Jaiprakash Associates634,288
Nucleus Software632,155
GlaxoSmithKline Pharma623,194
IRB Infrastructure Dev.615,944
Fortis Healthcare (India)614,571
Vardhman Textiles596,957
NMDC559,907
Alstom Projects557,570
Tata Power Company554,392
Cadila Healthcare545,645
Grasim Industries505,539
Pantaloon Retail492,256
DQ Entertainment 478,796
Zuari Industries460,449
TVS Motor Company423,632
Oil India421,957
Alembic421,176
AIA Engineering403,074
Sadbhav Engineering395,592
Atlas Copco (India)394,214
GIC Housing Finance381,996
Ahluwalia Contracts India372,992
Bayer Cropscience368,030
Bharat Heavy Electricals366,582
Ashoka Buildcon356,597
C and C Constuctions351,583
Kirloskar Brothers340,082
CESC336,532
Trent331,640
Brigade Enterprises321,349
Ador Welding320,882
Shriram Transport Finance308,673
Eicher Motors304,988
Monnet Ispat303,117
Oracle Financial Services301,934
Jubilant Foodworks296,214
GNVFC292,170
Century Textiles287,614
ABB267,642
Bajaj Finance249,293
Tata Communications245,742
Godrej Consumer Products200,065
Bharat Electronics191,976
Vascon Engineers167,402
Coromandel International160,257
Bank Of Baroda155,215
United Phosphorous155,093
Sun TV Network152,718
Parenteral Drugs (India)147,765
AstraZeneca Pharma140,300
BGR Energy Systems139,401
Lakshmi Machine Works139,393
Jubilant Industries 139,130
CMC136,101
Canara Bank127,779
GlaxoSmithKline Consumer119,326
State Bank of India117,515
Mahindra Holidays & Resorts111,514
Gujarat State Fertilizers100,158
Jindal Steel & Power93,567
Gujarat Gas Company91,797
Monsanto India81,187
Jubilant Life Sciences80,531
Petronet LNG Ltd55,534
Voltamp Transformers50,001
Allied Digital Services40,892
Lumax Auto Technologies37,278
Sundaram Finance36,606
DB Corp33,999
Hero Honda Motors19,735
Kirloskar Brothers Invest.11,697
Gujarat Fluorochemicals6,871
Castrol India6,523
Take Solutions5,741
Mphasis4,735
Ipca Laboratories2,569
BEML2,227
eClerx Services1,242
Career Point Infosystems1,209
Rallis India1,206
Tata Elxsi997
Nilkamal923
Deep Industries777
Karur Vysya Bank654
Binani Industries508
Dena Bank456
Adani Enterprises447
NIIT Technologies393
Entertainment Network India302
Tulip Telecom139
HT Media86
Wyeth77
Adhunik Metaliks73
first published: Apr 13, 2011 12:14 pm

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