Reliance Mutual Fund has enhanced its exposure to the engineering & capital goods, banking & financial services, oil & gas and utilities sector. However, it cut its holdings in the information technology, metals & mining and automotive pack.
Unitech, BGR Energy Systems and Kotak Mahindra Bank were the top buys while Escorts, Dabur Pharma and Emco were the top sells.
A study of the equity portfolios managed by Reliance Mutual Fund as on July 31 shows that in the engineering & capital goods pack, BGR Energy Systems, Thermax, Alstom Projects and ABB topped the list of buys while Crompton Greaves, Suzlon Energy and Siemens topped the list of sells.(View - All Bulk Deals by Mutual Funds)
In the banking & financial services, the fund house purchased Kotak Mahindra Bank, IDFC and HDFC Bank while decreased its holding in Rural Electrification, ICICI Bank and HDFC.
In the oil & gas pack, Cairn India and ONGC were in the list of top buys whereas Reliance Industries and Shiv Vani Oil & Gas were in the list of top sells.(Check out - Which sectors are attracting Fund Managers?)
In the utilities space, Torrent Power, Tata Power Company and NTPC topped the list of sells.
Reliance Mutual Fund slashed its exposure to information technology, metals & mining and automotive stocks. In the information technology pack, HCL Technologies, Infosys Technologies and Patni Computer Systems were in the list of top sells while Satyam Computer Services and Tata Consultancy Services were in the list of top buys.
In the metals & mining pack, SAIL, Tata Steel, Hindalco Industries and Jindal Stainless topped the list of sells. Maruti Suzuki India, Tata Motors and Escorts were in the list of top sells in the auto space.
Unitech, BGR Energy Systems and Kotak Mahindra Bank were the top buys while Escorts, Dabur Pharma and Emco were the top sells.
A study of the equity portfolios managed by Reliance Mutual Fund as on July 31 shows that in the engineering & capital goods pack, BGR Energy Systems, Thermax, Alstom Projects and ABB topped the list of buys while Crompton Greaves, Suzlon Energy and Siemens topped the list of sells.(View - All Bulk Deals by Mutual Funds)
In the banking & financial services, the fund house purchased Kotak Mahindra Bank, IDFC and HDFC Bank while decreased its holding in Rural Electrification, ICICI Bank and HDFC.
In the oil & gas pack, Cairn India and ONGC were in the list of top buys whereas Reliance Industries and Shiv Vani Oil & Gas were in the list of top sells.(Check out - Which sectors are attracting Fund Managers?)
In the utilities space, Torrent Power, Tata Power Company and NTPC topped the list of sells.
Reliance Mutual Fund slashed its exposure to information technology, metals & mining and automotive stocks. In the information technology pack, HCL Technologies, Infosys Technologies and Patni Computer Systems were in the list of top sells while Satyam Computer Services and Tata Consultancy Services were in the list of top buys.
In the metals & mining pack, SAIL, Tata Steel, Hindalco Industries and Jindal Stainless topped the list of sells. Maruti Suzuki India, Tata Motors and Escorts were in the list of top sells in the auto space.
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