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Home  » Business » Top 20 stocks that mutual funds hold

Top 20 stocks that mutual funds hold

Last updated on: August 24, 2006 09:40 IST
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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
in July

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

For more on mutual fund investments, log on to www.moneycontrol.com.

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