Jaiprakash Power Ventures, Jyoti Structures and South Indian Bank were the top sells by the fund, while Axis Bank, JSW Energy and Tata Motors (DVR) were the top buys.
Tata Mutual Fund has decreased its weightage in engineering and capital goods, banking and financial services and oil and gas. However, it has increased its investments in chemicals, automotive and cement & construction.
A study of the scheme for the quarter of July-September 2014 shows that in the engineering and capital goods space, the fund sold Larsen and Toubro, Engineers India and Adani Ports and also exited from Jyoti Structures, Crompton Greaves and Kirloskar Brothers. However, it bought Sadbhav Engineering, IRB Infrastructure Developers, AIA Engineering and introduced Shakti Pumps (India).
It sold ICICI Bank, Axis Bank, Rural Electrification Corporation and exited from Bajaj Finance in the banking and financial services segment, while it purchased Yes Bank, Shriram Transport Finance Corporation and State Bank of India. (View - All Bulk Deals by Mutual Funds).
In the oil and gas pack, the fund sold Reliance Industries, Cairn India and Bharat Petroleum Corporation and exited from Gujarat Gas Company and Petronet LNG. Whereas, in the same pack it bought Oil and Natural Gas Corporation and Gujarat State Petronet and also introduced Aban Offshore and Indraprastha Gas.
Disclosure: Network 18, which publishes moneycontrol.com, is now part of the Reliance Group
The fund purchased Asian Paints, Bayer CropScience and introduced Atul, Aarti Industries, UPL and Coromandel International in the chemicals sector. While, it sold Castrol India, Chambal Fertilisers and exited from Pidilite Industries and Rallis India. (Check out - Which sectors are attracting Fund Managers?).
It bought Eicher Motors, Bosch, Maruti Suzuki India and introduced Tata Motors (DVR) in the automotive segment. However, it sold Tata Motors and Bajaj Auto same segment.
In the cement & construction pack, the fund bought Kajaria Ceramics, Ambuja Cements and The Ramco Cements. It also introduced JK Lakshmi Cement, HSIL, Cera Sanitaryware and Mangalam Cement. While, it sold Simplex Infrastructures, Shree Cements and ACC from the same pack.
Table of Stocks bought/ sold by Tata Mutual Fund...contd on Page 2
For more Mutual Fund Action in Market click here
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 July-September 2014.
|Stock||Shares bought||Stock||Shares sold|
|Axis Bank||3,092,211||Jaiprakash Power Ventures||9,678,986|
|JSW Energy||1,111,712||Jyoti Structures||2,596,382|
|Tata Motors (DVR)||1,111,171||South Indian Bank||1,484,426|
|Gujarat State Petronet||1,094,127||Voltas||1,316,845|
|Asian Paints||1,055,924||Engineers India||1,228,459|
|Sadbhav Engineering||877,025||Torrent Power||1,004,321|
|CCL Products India||817,717||Adani Ports and Special||500,729|
|Yes Bank||706,301||Chambal Fertilisers||499,659|
|Strides Arcolab||683,337||Allahabad Bank||441,835|
|JK Lakshmi Cement||647,899||Crompton Greaves||438,620|
|Aarti Industries||636,322||Texmaco Rail and Engin.||436,754|
|Ambuja Cements||572,749||Reliance Industries||408,451|
|Hindustan Zinc||517,627||Navneet Education||405,395|
|Hexaware Technologies||428,252||Wonderla Holidays||389,747|
|Shriram Transport Finance||406,030||Bharat Forge||375,989|
|Rural Electrification Corpn.||388,750||Titan Company||371,821|
|HSIL||383,379||Jindal Steel & Power||322,730|
|ITC||336,714||Larsen and Toubro||307,582|
|Eveready Industries India||332,470||Gujarat Gas Company||277,656|
|The Ramco Cements||331,599||BPCL||242,009|
|HDFC Bank||315,459||ICICI Bank||233,906|
|KPR Mill||291,233||Carborundum Universal||226,667|
|IRB Infrastructure Developers||286,276||NIIT Technologies||197,859|
|Punjab National Bank||285,251||Bank Of Baroda||195,820|
|Ahmednagar Forgings||272,116||Simplex Infrastructures||170,644|
|Mangalam Cement||209,849||Bank Of India||154,398|
|Kajaria Ceramics||208,133||Indian Oil Corporation||152,071|
|Indraprastha Gas||188,001||Tata Motors||144,015|
|Credit Analysis and Research||186,679||Gujarat Pipavav Port||134,401|
|Atul||161,839||ING Vysya Bank||120,184|
|Power Grid Corporation||151,078||ALSTOM India||119,988|
|Bharti Airtel||147,518||Balrampur Chini Mills||108,343|
|KNR Constructions||145,012||Kaveri Seed Company||99,264|
|HCL Technologies||144,011||Va Tech Wabag||84,525|
|Jain Irrigation Systems||118,911||Grasim Industries||73,438|
|Sun Pharmaceutical Industries||116,242||Sun TV Network||72,981|
|State Bank of India||111,220||Tata Consultancy Services||71,245|
|Finolex Cables||110,423||Rallis India||65,548|
|Oriental Bank of Commerce||105,744||Cadila Healthcare||45,433|
|Finolex Industries||98,842||eClerx Services||39,650|
|Shoppers Stop||96,550||Welspun India||35,468|
|Federal Bank||92,062||VST Industries||31,840|
|V-Mart Retail||90,670||SKF India||24,377|
|Cera Sanitaryware||78,753||Indoco Remedies||22,618|
|Coromandel International||78,546||Bajaj Finance||22,070|
|VST Tillers Tractors||67,102||Maharashtra Seamless||21,311|
|Berger Paints India||65,199||Petronet LNG||17,202|
|Container Corporation of India||64,675||Ipca Laboratories||11,036|
|Divis Laboratories||63,220||Sanofi India||10,281|
|Infosys||52,919||M & M Financial Services||9,004|
|Navin Fluorine International||51,558||Thomas Cook (India)||8,444|
|Shakti Pumps (India)||46,189||Shree Cements||6,604|
|Persistent Systems||38,712||Elecon Engineering Company||4,058|
|Ador Welding||37,969||Bajaj Auto||2,403|
|Cummins India||35,369||FAG Bearings India||2,347|
|Wipro||31,340||Power Finance Corporation||1,799|
|Bharat Electronics||30,368||United Spirits||1,247|
|Motherson Sumi Systems||27,247||Max India||1,188|
|Kalpataru Power Transmission||23,467||Bata India||969|
|ABB||21,110||Blue Dart Express||747|
|AIA Engineering||20,867||WABCO India||202|
|National Aluminium Company||20,314|
|Maruti Suzuki India||17,651|
|Mahindra and Mahindra||11,404|
|Agro Tech Foods||6,484|
|Karur Vysya Bank||5,133|
|Amara Raja Batteries||4,675|
|Alstom T&D India||3,426|
|Union Bank of India||3,237|
|Colgate Palmolive (India)||2,193|
|Mahindra Holidays and Resorts||1,895|
|Zee Entertainment Enterprises||1,229|
|Procter and Gamble Hygiene||207|
|Kotak Mahindra Bank||130|
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