HomeNewsBusinessMutual FundsAshok Leyland, Power Grid, Hind Zinc top sells: Tata MF

Ashok Leyland, Power Grid, Hind Zinc top sells: Tata MF

Tata Mutual Fund in the month of June 2013 sold HDFC Bank, HDFC, ICICI Bank and exited India Infoline and Indian Bank from banking & financial services space

March 13, 2019 / 13:53 IST
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Tata Mutual Fund has decreased its weightage in banking & financial services, oil & gas, information technology, engineering & capital goods and metals & mining space.

Ashok Leyland, Power Grid Corporation and Hindustan Zinc were the top sells, while Tata Motors (DVR), LIC Housing Finance and Jagran Prakashan were the top buys.

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The study of the portfolio managed by Tata Mutual Fund for the month of June 2013 shows that, in the banking & financial services space, the fund sold HDFC Bank, HDFC, ICICI Bank and exited from India Infoline and Indian Bank. However, the fund bought LIC Housing Finance, Axis Bank and  Mahindra & Mahindra Financial Services in the same space.

In the oil & gas sector, it sold ONGC, Reliance Industries and BPCL. (View - All Bulk Deals by Mutual Funds)