Tata Mutual Fund has slashed its exposure in utilities, oil & gas and consumer non-durables, while increased its weightage in automotive, metals & mining and cement & construction sector.
Power Grid Corporation, NTPC and Bharat Forge were the top sells, while Sterlite Industries (India), NMDC and Navneet Publications were the top buys.
The study of portfolio managed by Tata Mutual Fund for the month of December 2012 shows that in the utilities space, it sold Power Grid and NTPC, while it bought Tata Power.
In the oil & gas sector, the fund sold Cairn India, Oil India and ONGC. However, it purchased Reliance Industries in the same space. (View - All Bulk Deals by Mutual Funds).
The fund sold Hindustan Unilever, Colgate Palmolive (India) and Dabur India, but it bought Godrej Consumer Products and Procter and Gamble Hygiene.
It purchased Balkrishna Industries and introduced Motherson Sumi Systems in the automotive pack. However, it sold Mahindra and Mahindra, Maruti Suzuki India and Hero Motocorp.
In the metals & mining segment, it bought Tata Steel, Sterlite Industries (India) and introduced NMDC. However, it sold Hindalco Industries and Coal India from the same segment. (Check out - Which sectors are attracting Fund Managers?).
The fund bought Shree Cements and Rain Commodities in the cement & construction. However, it exited Vesuvius India from the same space.
Table of Stocks bought/ sold by Tata Mutual Funds...contd on Page 2
For more Mutual Fund Action in Marketclick here
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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 Nov-Dec 2012.
| Company Name | Shares Bought | Stock | Shares Sold | |
| Sterlite Industries (India) | 1,199,732 | Power Grid Corporation | 2,067,491 | |
| NMDC | 600,000 | NTPC | 1,469,592 | |
| Navneet Publications | 460,000 | Bharat Forge | 840,150 | |
| Tata Steel | 434,430 | Cairn India | 809,458 | |
| Rural Electrification Corpn. | 409,325 | ONGC | 618,904 | |
| Hindustan Zinc | 379,000 | United Bank of India | 602,776 | |
| Allahabad Bank | 322,000 | Ashok Leyland | 600,000 | |
| Reliance Industries | 318,576 | Castrol India | 561,925 | |
| ITC | 316,472 | Hindalco Industries | 500,738 | |
| Titan Industries | 246,300 | Gujarat State Petronet | 460,500 | |
| Power Finance Corporation | 207,000 | Cummins India | 445,447 | |
| Lupin | 159,200 | HPCL | 358,500 | |
| Credit Analysis & Research | 155,000 | Oil India | 336,174 | |
| Motherson Sumi Systems | 150,000 | Hindustan Unilever | 310,190 | |
| Bharti Airtel | 145,516 | Axis Bank | 276,000 | |
| Tata Consultancy Services | 128,098 | Mahindra and Mahindra | 227,704 | |
| Idea Cellular | 120,000 | Oriental Bank of Commerce | 220,000 | |
| Aditya Birla Nuvo | 113,890 | Dabur India | 200,000 | |
| Sun TV Network | 90,000 | Zee Entertainment | 200,000 | |
| Bank Of India | 75,000 | Mangalore Refinery | 170,845 | |
| Indian Bank | 70,000 | Vesuvius India | 160,000 | |
| Persistent Systems | 69,200 | Taj GVK Hotels & Resorts | 155,213 | |
| Dish TV | 68,300 | BPCL | 141,000 | |
| Strides Arcolab | 65,000 | Petronet LNG Ltd | 136,000 | |
| Bajaj Holdings & Investment | 50,925 | HDFC Bank | 116,434 | |
| Bajaj Finance | 50,000 | IDFC | 116,000 | |
| Cipla | 49,908 | Divis Laboratories | 111,468 | |
| Tata Power Company | 49,708 | LIC Housing Finance | 80,000 | |
| ICICI Bank | 35,727 | Blue Star | 69,507 | |
| Godrej Consumer Products | 30,000 | KEC International | 67,950 | |
| Balkrishna Industries | 21,400 | Rain Commodities | 54,435 | |
| NIIT Technologies | 20,000 | GMDC | 50,000 | |
| Oracle Financial Services | 15,000 | Dr Reddys Laboratories | 46,322 | |
| Mahindra Holidays & Resorts | 14,500 | ABB | 45,922 | |
| Kansai Nerolac Paints | 9,067 | Maruti Suzuki India | 45,626 | |
| Grasim Industries | 6,700 | Colgate Palmolive (India) | 42,000 | |
| P & G Hygiene and Health Care | 6,406 | Glenmark Pharma | 34,000 | |
| Agro Tech Foods | 5,370 | Amara Raja Batteries | 32,125 | |
| Bank Of Baroda | 5,000 | GlaxoSmithKline Consumer | 28,000 | |
| eClerx Services | 2,000 | HDFC | 20,120 | |
| Mahindra Lifespace Developers | 282 | MphasiS | 18,731 | |
| Hero Motocorp | 17,497 | |||
| 3M India | 16,909 | |||
| Grindwell Norton | 15,127 | |||
| Ipca Laboratories | 15,000 | |||
| Emami | 15,000 | |||
| Yes Bank | 15,000 | |||
| Financial Technologies | 12,000 | |||
| Coal India | 8,737 | |||
| Shasun Pharmaceuticals | 5,644 | |||
| Federal Bank | 5,000 | |||
| Shree Cements | 4,000 | |||
| TTK Prestige | 3,000 | |||
| Blue Dart Express | 1,000 | |||
| Sun Pharmaceutical | 182 | |||
| Bharat Heavy Electricals | 152 | |||
| Wipro | 108 | |||
| Larsen and Toubro | 98 | |||
| GAIL India | 90 | |||
| Infosys | 86 | |||
| Jindal Steel & Power | 74 | |||
| State Bank of India | 48 | |||
| Bajaj Auto | 26 |
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