Reliance Industries, Grasim, and ITC were the top held stocks by mutual funds in terms of value in July, together accounting for 10 per cent of the total equity investments by mutual funds.
SBI, Crompton Greaves, and Zee moved higher on the top 20 list, while Hindalco slipped from the 14th to the 19th position. Meanwhile, among the fund house favourites, Infosys replaced Reliance Industries.
|
Top stocks held by MFs | |
|
Stock |
Value (in Rs crore) |
| Reliance | 3007.45 |
| Grasim | 1911.98 |
| ITC | 1818.29 |
| ONGC | 1770.39 |
| SBI | 1711.80 |
| BHEL | 1529.92 |
| Satyam Computer | 1423.43 |
| Tata Motors | 1390.13 |
| Bharti Airtel | 1288.14 |
| Crompton Greaves | 1250.07 |
| Jaiprakash Assc | 1128.68 |
| Hindustan Lever | 986.60 |
| Maruti Udyog | 985.23 |
| Infosys | 886.62 |
| Zee Telefilms | 882.48 |
| Reliance Commn | 851.26 |
| L&T | 814.39 |
| ACC | 769.58 |
| Hindalco | 769.45 |
| M&M | 712.29 |
A Moneycontrol.com study of open-ended equity portfolios reveals that engineering, and auto stocks dominated MF's top held stocks list with three stocks each figuring among the top 20. Engineering pivotal BHEL slipped one step to the 6th slot, Crompton Greaves moved higher by two ranks to the 10th position, while L&T retained its 17th rank.
In the auto pack, Tata Motors skid two steps to the 8th position, while Maruti and M&M retained their position at the 13th and 20th position.
Software, oil and gas, FMCG, banking and telecom followed next with two stocks each in the top 20. Software pivotals Satyam and Infosys moved one step higher to 7th and 14th place.
Oil and gas majors Reliance and ONGC retained their positions at the top and 4th slot respectively. In the banking pack, ICICI Bank was the new entrant, while SBI moved higher from 7th to 5th position.
FMCG heavyweights ITC, and Hindustan Lever moved one step lower to 3rd and 12th place. Telecom stocks Bharti Airtel and Reliance Communications retained their positions at the 9th and 16th slot respectively.
One stock each from the construction, metals, and media space were seen in the top 20 list, while pharma stocks were missing. Conglomerate Grasim was also spotted in the list.
Among the fund house favourites, Infosys replaced Reliance Industries. Infosys was the top held stock by five MFs -- HSBC, ING Vysya, Principal, Chola, and Deutsche. Meanwhile, Reliance Industries which was the favourite stock with nine MFs in June, was the top held stock with only four funds in July -- Pru ICICI, Reliance, DSP ML, and Standard Chartered.
BHEL also shared the second place being the most favourite stock with Tata, JM, Sahara, and Taurus. Meanwhile, Bharti Airtel, ITC, and Jaiprakash Associates were the favourites with two MFs each.
|
|
June |
July | ||
|
Mutual Fund |
Stock |
Value (in cr) |
Stock |
Value (in cr) |
| ABN AMRO | Reliance Ind | 36.61 | India Cements | 44.86 |
| Birla | Bharti Airtel | 121.95 | Bharti Airtel | 127.25 |
| Canbank | Esab India | 14.19 | BHEL | 14.64 |
| Chola | Infosys | 13.22 | Infosys | 11.81 |
| Deutsche | Infosys | 11.69 | Infosys | 12.57 |
| DSP ML | Reliance Ind | 175.40 | Reliance Ind | 131.19 |
| Escort | Reliance Ind | 3.08 | ACC | 2.79 |
| HDFC | ITC | 576.18 | ITC | 527.09 |
| HSBC | Reliance Ind | 188.01 | Infosys | 176.53 |
| ING Vysya | Infosys | 21.31 | Infosys | 18.23 |
| JM | BHEL | 8.86 | BHEL | 7.88 |
| Kotak | M&M | 58.78 | ITC | 51.12 |
| PRINCIPAL | Infosys | 74.54 | Infosys | 80.97 |
| Pru ICICI | Reliance Ind | 279.61 | Reliance Ind | 353.01 |
| Quantum | Bajaj Auto | 1.05 | Bajaj Auto | 1.05 |
| Reliance | Reliance Ind | 713.09 | Reliance Ind | 658.61 |
| Sahara | BHEL | 3.10 | BHEL | 3.35 |
| SBI | Reliance Ind | 251.31 | Crompton Greaves | 231.11 |
| StanChart | Reliance Ind | 64.46 | Reliance Ind | 54.08 |
| Sundaram | L&T | 70.82 | Jaiprakash Assc | 71.28 |
| Tata | BHEL | 78.83 | BHEL | 81.81 |
| Taurus | Jaiprakash Assc | 46.09 | Jaiprakash Assc | 41.84 |
| Templeton | Grasim | 485.51 | Grasim | 520.69 |
| UTI | Reliance Ind | 608.95 | Bharti Airtel | 545.06 |
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