Mutual Funds buy hotels, entertainment, auto and cement stocks

Equity mutual funds continued to shuffle their holdings in banks and insurance in February as foreign investors trimmed their positions in these stocks as part of their broader sell-off in Indian equities. Reliance Industries was one of the top picks of equity fund managers, who found value in the stock after the recent outperformance. Fund managers also used the overall market weakness to make select purchases in automobiles, entertainment, hospitality and entertainment. PVR was a notable entry into a few mutual fund portfolios. Globus Spirits, Indian Hotels, Bajaj Auto and Wonderla Holidays were among the other buys. Some fund managers also bought into cement stocks like Ultratech Cement and Dalmia Bharat given the rise in prices and likely increased infrastructure spending ahead of the slew of state elections and the main General election the next year.

Source : Accord Fintech Compiled by ETIG Database
SBI MF Kotak Mahindra Bank State Bank Of India Bharat Electronics
Page Industries Axis Bank Berger Paints India
Divi’s Laboratories HCL Technologies eClerx Services
ICICI Pru MF Reliance Industries ITC Kaynes Technology India Bandhan Bank
PVR TVS Motor Company Metropolis Healthcare Dalmia Bharat
SBI Life Insurance Company Ultratech Cement Power Finance Corporation BASF India
HDFC MF Bharti Airtel Larsen & Toubro ABB India PVR
Titan Company Coal India Adani Ports and Special Economic Zone Narayana Hrudayalaya
Cipla ITC Indiamart Intermesh Safari Industries (India)
Nippon India MF Reliance Industries Honeywell Automation India Life Insurance Corporation of India Avenue Supermarts
3M India Max Financial Services Grasim Industries Tata Power Company
Zee Entertainment Enterprises Tech Mahindra Route Mobile
UTI MF Motherson Sumi Wiring India Tube Investments of India CG Power and Industrial Solutions Route Mobile
Persistent Systems Cholamandalam Investment and Finance Company Star Health and Allied Insurance Company
Infosys Max Financial Services
Kotak MF ITC Shree Cement Sapphire Foods India Sundram Fasteners
Apollo Tyres Ultratech Cement Lupin PVR
Maruti Suzuki India Reliance Industries Bandhan Bank
Axis MF Shree Cement Bajaj Finance Gujarat Fluorochemicals Hindustan Petroleum Corporation
Cholamandalam Financial Holdings Divi’s Laboratories Tata Chemicals Triveni Turbine
Mahindra & Mahindra Financial Services ICICI Bank Sonata Software Zydus Lifesciences
Aditya Birla SL MF Coforge Tech Mahindra Dishman Carbogen Amcis Bajaj Auto
NTPC Dr. Reddy’s Laboratories Shriram Finance Godrej Properties
Reliance Industries HDFC Life Insurance Co Birla Corporation Stylam Industries
Mirae MF Reliance Industries Britannia Industries Zee Entertainment Enterprises The Indian Hotels Company
HCL Technologies Balkrishna Industries Procter & Gamble Hygiene and Health Care LIC Housing Finance
One97 Communications Infosys City Union Bank
DSP MF Bajaj Finance SBI Life Insurance Company RHI Magnesita India Equitas Small Finance Bank
ICICI Bank Bank Of Baroda SRF PVR
Coromandel International Container Corporation Of India Gujarat Fluorochemicals

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