ShareShare HoldingHolding PatternPattern UpdateUpdate

Public , 15.1% DII , Promoters , 15.0% 43.4%

FII , 26.5%

December 2020

DhartikumarData Analyst: DhartikumarSahu (Data Sahu Analyst)  [email protected] 27-Jan-2021 Jan 27, 20211 Holding Changes (Nifty) (DEC 2020) Summary: Holding Change NIFTY NIFTY - Promoter Holding NIFTY – Insurance Company Holding

. Promoter holding share in Nifty index decreased by 1.5% in . Insurance Companies holding share in Nifty index decreased Dec 20 on QoQ basis. by 0.1% in Dec 20 on QoQ basis . Promoters of , Grassim, NTPC, Adani Ports & . Insurance companies increased their holdings in Gail , Ultratech Cement increased their holding by 0.54%, 0.5%, UPL, Indusind Bank, IOCL & ONGC by 0.79%, 0.73%, 0.64%, 0.09%, 0.08% & 0.06% on QoQ basis 0.49% & 0.44% on QoQ basis. . Promoters decreased their holdings in Dr. Reddy’s, HDFC Life, . Insurance companies decreased their holdings in M&M, , & M&M by 4.39%, 1.53%, 0.84%, Grasim, Dr. Reddy’s, Hindalco & by 2.2%, 1.77%, 0.21% & 0.13% on QoQ basis. 1.76%, 1.75% & 1.16% on QoQ basis.

NIFTY - Mutual Fund Holdings NIFTY - DII Holdings . Mutual Fund holding share in Nifty index decreased by 0.1% in Dec 20 on QoQ basis. . Domestic Institutional Investors (DII) holding share in Nifty . Mutual Fund houses increased their holdings in HCL Tech, index increased by 0.3% in Dec 20 on QoQ basis Maruti, Sun Pharma, Bajaj Auto & by 0.63%, 0.32%, . Domestic Investor (DII) increased their holdings in Sun 0.29%, 0.12% & 0.11% on QoQ basis. Pharma, JSW Steel, Coal India, UPL & ONGC by 0.45%, 0.44%, . Mutual Fund houses decreased their holdings in , 0.24%, 0.24% & 0.18% on QoQ basis. L&T, KMB, Indusind Bank & NTPC by 3.05%, 1.72%, 1.7%, . Domestic Investor (DII) decreased their holdings in Tata Steel, 1.67% & 1.65% on QoQ basis. Hindalco, Hero Motocorp, M&M & L&T by 4.09%, 3.23%, 2.7%, 2.46% & 2.37% on QoQ basis. NIFTY – FII Holding . Foreign Institutional Investors (FII) holding share in Nifty index decreased by 1.6% in Dec 20 on QoQ basis. . Foreign Investor (FII) increased their holdings in Tata Steel, Hindalco, L&T, M&M & Indusind Bank by 5.46%, 3.41%, 3.22%, 3.19% & 3.13% on QoQ basis. . FII decreased their holdings in Dr. Reddy’s, UPL, Coal India, Bajaj Auto & BPCL by 5.3%, 1.96%, 0.7%, 0.5% & 0.42% on QoQ basis. Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 2 Promoter Holding (Nifty) (DEC 2020) NIFTY - Promoter Holding Share in Index Mkt_Cap Dec'20 Sept'20 Dec'20 Sept'20 % holding in % holding in (Rs mn) (Rs mn) index index 47,743,283 43.7% 40,746,546 45.2%

TOP 5 Increase in Holding % Company Dec-20 Sep-20 QoQ Chng % TATA MOTORS LTD 47.89 47.35 0.54 LTD 42.22 41.72 0.50 NTPC LTD 51.11 51.02 0.09 ADANI PORTS AND SPECIAL ECON 63.74 63.66 0.08 ULTRATECH CEMENT LTD 60.30 60.24 0.06

TOP 5 Dip in Holding % Company Dec-20 Sep-20 QoQ Chng % DR. REDDY'S LABORATORIES 26.74 31.13 (4.39) HDFC LIFE INSURANCE CO LTD 58.88 60.41 (1.53) AXIS BANK LTD 13.94 14.78 (0.84) SUN PHARMACEUTICAL INDUS 54.48 54.69 (0.21) MAHINDRA & MAHINDRA LTD 19.45 19.58 (0.13) For details on all stocks in the index refer page No.13 & 14 Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 3 Mutual Fund Holding (Nifty) (DEC 2020) NIFTY - Mutual Fund Holdings Share in Index Mkt_Cap Dec'20 Sept'20 Dec'20 Sept'20 % holding in % holding in (Rs mn) (Rs mn) index index 9,309,730 8.5% 7,793,635 8.6%

TOP 5 Increase in Holding % Company Dec-20 Sep-20 QoQ Chng % HCL TECHNOLOGIES LTD 6.61 5.98 0.63 INDIA LTD 7.84 7.52 0.32 SUN PHARMACEUTICAL INDUS 11.00 10.71 0.29 BAJAJ AUTO LTD 3.09 2.97 0.12 COAL INDIA LTD 9.47 9.36 0.11

TOP 5 Dip in Holding % Company Dec-20 Sep-20 QoQ Chng % TATA STEEL LTD 10.14 13.19 (3.05) LARSEN & TOUBRO LTD 14.86 16.58 (1.72) LTD 7.59 9.29 (1.70) INDUSIND BANK LTD 9.44 11.11 (1.67) NTPC LTD 18.43 20.08 (1.65) For details on all stocks in the index refer page No.15 & 16 Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 4 FII Holding (Nifty) (DEC 2020) NIFTY - FII's Holdings Share in Index Mkt_Cap Dec'20 Sept'20 Dec'20 Sept'20 % holding in % holding in (Rs mn) (Rs mn) index index 28,767,135 26.3% 22,307,471 24.7%

TOP 5 Increase in Holding % Company Dec-20 Sep-20 QoQ Chng % TATA STEEL LTD 17.02 11.56 5.46 LTD 24.27 20.86 3.41 LARSEN & TOUBRO LTD 21.12 17.90 3.22 MAHINDRA & MAHINDRA LTD 37.91 34.72 3.19 INDUSIND BANK LTD 54.94 51.81 3.13

TOP 5 Dip in Holding % Company Dec-20 Sep-20 QoQ Chng % DR. REDDY'S LABORATORIES 29.14 34.44 (5.30) UPL LTD 38.54 40.50 (1.96) COAL INDIA LTD 6.50 7.20 (0.70) BAJAJ AUTO LTD 13.07 13.57 (0.50) CORP LTD 11.57 11.99 (0.42)

For details on all stocks in the index refer page No.17 & 18 Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 5 Insurance Companies Holding (Nifty) (DEC 2020) (NIFTY)Insurance Comp Holdings Share in Index Mkt_Cap Dec'20 Sept'20 Dec'20 Sept'20 % holding in % holding in (Rs mn) (Rs mn) index index 6,992,274 6.4% 5,889,623 6.5%

TOP 5 Increase in Holding % Company Dec-20 Sep-20 QoQ Chng % GAIL INDIA LTD 9.98 9.19 0.79 UPL LTD 11.86 11.13 0.73 INDUSIND BANK LTD 6.67 6.03 0.64 INDIAN OIL CORP LTD 8.06 7.57 0.49 OIL & NATURAL GAS CORP LTD 11.77 11.33 0.44

TOP 5 Dip in Holding % Company Dec-20 Sep-20 QoQ Chng % MAHINDRA & MAHINDRA LTD 10.75 12.95 (2.20) GRASIM INDUSTRIES LTD 11.70 13.47 (1.77) DR. REDDY'S LABORATORIES 1.00 2.76 (1.76) HINDALCO INDUSTRIES LTD 9.96 11.71 (1.75) BAJAJ AUTO LTD 6.03 7.19 (1.16) For details on all stocks in the index refer page No.19 & 20 Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 6 DII Holding (Nifty) (DEC 2020) NIFTY - DII's Holdings Share in Index Mkt_Cap Dec'20 Sept'20 Dec'20 Sept'20 % holding in % holding in (Rs mn) (Rs mn) index index 16,776,730 15.4% 14,118,215 15.7%

TOP 5 Increase in Holding % Company Dec-20 Sep-20 QoQ Chng % SUN PHARMACEUTICAL INDUS 20.67 20.22 0.45 JSW STEEL LTD 6.29 5.85 0.44 COAL INDIA LTD 22.15 21.91 0.24 UPL LTD 17.29 17.05 0.24 OIL & NATURAL GAS CORP LTD 17.72 17.54 0.18

TOP 5 Dip in Holding % Company Dec-20 Sep-20 QoQ Chng % TATA STEEL LTD 25.96 30.05 (4.09) HINDALCO INDUSTRIES LTD 23.51 26.74 (3.23) HERO MOTOCORP LTD 14.60 17.30 (2.70) MAHINDRA & MAHINDRA LTD 21.69 24.15 (2.46) LARSEN & TOUBRO LTD 33.07 35.44 (2.37) For details on all stocks in the index refer page No.21 & 22 Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 7 Promoter Holdings (Nifty200) (DEC 2020) CNX200 - Promoter Holding Share in Index Mkt_Cap Dec'20 Sept'20 Dec'20 Sept'20 % holding in % holding in (Rs mn) (Rs mn) index index 76,335,478 48.5% 64,131,903 49.5%

TOP 5 Increase in Holding % Company Dec-20 Sep-20 QoQ Chng % Ltd 69.85 53.52 16.33 Ltd 37.98 35.47 2.51 66.38 64.97 1.41 Nippon Life India Asset Mana 75.82 74.95 0.87 Tata Motors Ltd 47.89 47.35 0.54

TOP 5 Dip in Holding % Company Dec-20 Sep-20 QoQ Chng % Indian Railway Catering & To 67.40 87.40 (20.00) 69.34 78.55 (9.21) Crompton Greaves Consumer El 17.43 26.20 (8.77) 76.87 85.59 (8.72) Ltd 61.03 67.59 (6.56) For details on all stocks in the index refer page No.23 & 24 Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 8 Mutual Fund Holdings (Nifty200) (DEC 2020) CNX200 - Mutual Fund Holding Share in Index Mkt_Cap Dec'20 Sept'20 Dec'20 Sept'20 % holding in % holding in (Rs mn) (Rs mn) index index 12,449,532 7.9% 10,535,698 8.1%

TOP 5 Increase in Holding % Company Dec-20 Sep-20 QoQ Chng % Lic Housing Finance Ltd 9.62 4.49 5.13 Ltd 29.91 25.03 4.88 Indian Railway Catering & To 5.04 0.97 4.07 Limited 10.00 6.73 3.27 Crompton Greaves Consumer El 27.69 24.76 2.93

TOP 5 Dip in Holding % Company Dec-20 Sep-20 QoQ Chng % Tata Chemicals Ltd 12.04 16.79 (4.75) Ltd 6.16 10.67 (4.51) Pi Industries Ltd 16.20 20.56 (4.36) Ltd 14.96 18.97 (4.01) Acc Ltd 9.58 12.77 (3.19) For details on all stocks in the index refer page No.25 - 27 Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 9 FII Holdings (Nifty200) (DEC 2020) CNX200 - FII's Holdings Share in Index Mkt_Cap Dec'20 Sept'20 Dec'20 Sept'20 % holding in % holding in (Rs mn) (Rs mn) index index 36,846,156 23.4% 28,548,639 22.0%

TOP 5 Increase in Holding % Company Dec-20 Sep-20 QoQ Chng % Indian Railway Catering & To 8.39 0.88 7.51 Rbl Bank Ltd 35.18 27.80 7.38 Trent Ltd 29.41 23.13 6.28 Ltd 18.23 12.41 5.82 Tata Steel Ltd 17.02 11.56 5.46

TOP 5 Dip in Holding % Company Dec-20 Sep-20 QoQ Chng % Indus Towers Ltd 26.64 40.90 (14.26) Max Financial Services Ltd 19.70 32.40 (12.70) Ltd 3.15 15.36 (12.21) Dr. Reddy'S Laboratories 29.14 34.44 (5.30) Lic Housing Finance Ltd 29.27 34.44 (5.17) For details on all stocks in the index refer page No.28 - 30 Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 10 Insurance Companies Holdings (Nifty200) (DEC 2020) CNX200 - Insurance Com Holdings Share in Index Mkt_Cap Dec'20 Sept'20 Dec'20 Sept'20 % holding in % holding in (Rs mn) (Rs mn) index index 8,330,646 5.3% 6,944,400 5.4%

TOP 5 Increase in Holding % Company Dec-20 Sep-20 QoQ Chng % Idfc First Bank Ltd 8.37 0.60 7.77 Ltd 13.56 8.22 5.34 Punjab National Bank 8.29 4.62 3.67 Rbl Bank Ltd 6.68 3.52 3.16 India Ltd 5.82 3.01 2.81

TOP 5 Dip in Holding % Company Dec-20 Sep-20 QoQ Chng % Enterprise 3.35 6.00 (2.65) Mahindra & Mahindra Ltd 10.75 12.95 (2.20) Ltd 3.01 5.06 (2.05) Ltd 3.78 5.82 (2.04) Grasim Industries Ltd 11.70 13.47 (1.77) For details on all stocks in the index refer page No.31 - 23 Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 11 DII Holdings (Nifty200) (DEC 2020) CNX200 - DII's Holdings Share in Index Mkt_Cap Dec'20 Sept'20 Dec'20 Sept'20 % holding in % holding in (Rs mn) (Rs mn) index index 21,640,107 13.7% 18,210,991 14.1%

TOP 5 Increase in Holding % Company Dec-20 Sep-20 QoQ Chng % Ltd 19.60 6.18 13.42 Idfc First Bank Ltd 11.24 3.29 7.95 Lic Housing Finance Ltd 17.64 10.19 7.45 Federal Bank Ltd 43.96 37.97 5.99 Indian Railway Catering & To 7.09 1.61 5.48

TOP 5 Dip in Holding % Company Dec-20 Sep-20 QoQ Chng % Pi Industries Ltd 19.06 23.77 (4.71) Tata Chemicals Ltd 24.62 29.16 (4.54) Trent Ltd 9.72 14.02 (4.30) Tata Steel Ltd 25.96 30.05 (4.09) Balkrishna Industries Ltd 14.97 18.98 (4.01) For details on all stocks in the index refer page No.34 - 36 Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 12 Promoter Holding (Nifty) (DEC 2020) Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) TATA MOTORS LTD 606,147 47.9 290,284 47.4 210,089 0.54 80,195 GRASIM INDUSTRIES LTD 610,480 42.2 257,745 41.7 204,274 0.50 53,471 NTPC LTD 983,024 51.1 502,424 51.0 429,602 0.09 72,822 ADANI PORTS AND SPECIAL ECON 982,860 63.7 626,475 63.7 442,024 0.08 184,451 ULTRATECH CEMENT LTD 1,526,355 60.3 920,392 60.2 704,089 0.06 216,304 LTD 13,057,726 50.5 6,599,375 50.5 7,438,192 0.05 (838,817) LTD 661,253 36.7 242,746 36.7 229,253 0.01 13,493 GAIL INDIA LTD 555,875 52.1 289,722 52.1 204,000 0.01 85,722 LTD 5,349,191 15.7 837,683 15.7 672,954 (0.01) 164,730 DIVI'S LABORATORIES LTD 1,019,904 52.0 529,840 52.0 420,427 (0.01) 109,413 INDUSIND BANK LTD 677,571 14.7 99,400 14.7 58,595 (0.02) 40,804 KOTAK MAHINDRA BANK LTD 3,951,724 26.0 1,029,029 26.1 654,114 (0.02) 374,915 TATA STEEL LTD 740,752 34.7 257,115 34.7 142,223 (0.03) 114,892 LTD 861,429 50.6 435,453 50.6 462,459 (0.03) (27,007) HDFC BANK LIMITED 7,910,648 26.0 2,056,768 26.0 1,545,056 (0.03) 511,713 LTD 941,496 35.8 336,962 35.8 274,077 (0.03) 62,885 UPL LTD 356,313 30.4 108,212 30.4 116,791 (0.03) (8,579) MAHINDRA & MAHINDRA LTD 895,845 19.5 174,242 19.6 147,973 (0.13) 26,269 SUN PHARMACEUTICAL INDUS 1,421,211 54.5 774,276 54.7 656,672 (0.21) 117,603 AXIS BANK LTD 1,899,439 13.9 264,782 14.8 192,061 (0.84) 72,721 HDFC LIFE INSURANCE CO LTD 1,366,839 58.9 804,795 60.4 682,402 (1.53) 122,393 DR. REDDY'S LABORATORIES 865,549 26.7 231,448 31.1 268,480 (4.39) (37,032) Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 13 Mutual Fund Holding (Nifty) (DEC 2020) Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) HCL TECHNOLOGIES LTD 2,567,535 6.6 169,714 6.0 131,704 0.63 38,010 MARUTI SUZUKI INDIA LTD 2,310,792 7.8 181,166 7.5 153,187 0.32 27,979 SUN PHARMACEUTICAL INDUS 1,421,212 11.0 156,333 10.7 128,597 0.29 27,736 BAJAJ AUTO LTD 996,595 3.1 30,795 3.0 24,761 0.12 6,034 COAL INDIA LTD 834,742 9.5 79,050 9.4 66,912 0.11 12,138 DR. REDDY'S LABORATORIES 865,550 13.3 115,032 13.2 114,188 0.05 843 ADANI PORTS AND SPECIAL ECON 982,860 4.0 38,823 4.0 27,705 (0.04) 11,118 GRASIM INDUSTRIES LTD 610,480 6.9 42,001 7.0 34,176 (0.10) 7,825 TATA CONSULTANCY SVCS LTD 10,742,140 2.7 293,260 2.8 265,599 (0.11) 27,662 OIL & NATURAL GAS CORP LTD 1,170,595 5.9 69,533 6.1 53,142 (0.16) 16,391 JSW STEEL LTD 935,948 2.3 21,152 2.4 16,315 (0.17) 4,838 MAHINDRA & MAHINDRA LTD 895,845 10.8 96,483 11.0 82,980 (0.21) 13,503 STATE 2,453,822 12.7 312,372 13.0 214,274 (0.22) 98,098 HDFC LIFE INSURANCE CO LTD 1,366,839 5.0 68,479 5.3 59,418 (0.25) 9,061 RELIANCE INDUSTRIES LTD 13,057,727 4.9 634,606 5.1 754,279 (0.26) (119,673) INDIAN OIL CORP LTD 856,218 5.4 46,407 5.7 39,934 (0.32) 6,473 LTD 2,207,550 2.3 49,891 2.6 46,586 (0.34) 3,304 LTD 866,415 8.4 72,952 8.8 64,099 (0.35) 8,853 TITAN CO LTD 1,391,295 4.2 58,991 4.6 49,381 (0.39) 9,610 LTD 2,780,698 14.0 388,185 14.4 330,009 (0.41) 58,176 LTD 2,651,703 2.8 73,983 3.2 61,162 (0.42) 12,821 LTD 5,628,128 3.5 198,110 4.0 191,949 (0.43) 6,161 TATA MOTORS LTD 606,148 5.8 35,035 6.3 27,775 (0.48) 7,260 BHARAT PETROLEUM CORP LTD 826,703 13.3 109,703 13.8 105,456 (0.50) 4,247 POWER GRID CORP OF INDIA LTD 993,218 9.3 91,873 9.8 83,287 (0.55) 8,585

Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 15 Mutual Fund Holding (Nifty) (DEC 2020) Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) TECH MAHINDRA LTD 941,497 8.4 78,992 9.0 68,634 (0.58) 10,358 HDFC BANK LIMITED 7,910,648 13.4 1,056,863 14.0 828,026 (0.59) 228,836 ITC LTD 2,571,770 9.4 240,718 10.0 210,233 (0.59) 30,484 AXIS BANK LTD 1,899,439 18.0 341,139 18.6 241,571 (0.63) 99,569 HOUSING DEVELOPMENT FINANCE 4,606,063 8.8 403,031 9.4 293,441 (0.65) 109,589 UPL LTD 356,313 5.0 17,816 5.7 21,783 (0.67) (3,967) INFOSYS LTD 5,349,191 16.5 883,686 17.2 739,519 (0.70) 144,167 ICICI BANK LTD 3,693,771 26.4 973,678 27.1 662,217 (0.71) 311,461 GAIL INDIA LTD 555,875 9.9 54,809 10.6 41,536 (0.75) 13,273 LTD 691,563 6.2 42,669 7.0 41,865 (0.79) 805 LTD 1,417,334 3.1 43,370 3.9 36,042 (0.81) 7,328 LTD 3,190,821 6.3 199,426 7.1 140,262 (0.85) 59,164 BRITANNIA INDUSTRIES LTD 861,430 5.6 48,412 6.5 59,247 (0.86) (10,835) SBI LIFE INSURANCE CO LTD 904,304 4.9 43,859 5.7 46,498 (0.88) (2,640) NESTLE INDIA LTD 1,773,110 3.8 67,555 4.8 73,057 (0.95) (5,501) CIPLA LTD 661,253 15.6 103,089 16.6 103,570 (0.99) (480) ULTRATECH CEMENT LTD 1,526,356 9.5 144,699 10.6 123,893 (1.12) 20,805 HINDALCO INDUSTRIES LTD 540,416 13.3 71,713 14.7 57,908 (1.44) 13,806 HERO MOTOCORP LTD 621,278 5.9 36,780 7.5 46,962 (1.55) (10,182) DIVI'S LABORATORIES LTD 1,019,904 13.2 134,627 14.8 120,076 (1.64) 14,552 NTPC LTD 983,025 18.4 181,172 20.1 169,079 (1.65) 12,092 INDUSIND BANK LTD 677,572 9.4 63,963 11.1 44,316 (1.67) 19,647 KOTAK MAHINDRA BANK LTD 3,951,725 7.6 299,936 9.3 233,182 (1.70) 66,754 LARSEN & TOUBRO LTD 1,808,121 14.9 268,687 16.6 209,843 (1.72) 58,844 TATA STEEL LTD 740,752 10.1 75,112 13.2 53,999 (3.05) 21,113 Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 16 FII Holding (Nifty) (DEC 2020) Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) TATA STEEL LTD 740,752 17.0 126,076 11.6 47,326 5.46 78,750 HINDALCO INDUSTRIES LTD 540,416 24.3 131,159 20.9 82,118 3.41 49,041 LARSEN & TOUBRO LTD 1,808,121 21.1 381,875 17.9 226,550 3.22 155,326 MAHINDRA & MAHINDRA LTD 895,845 37.9 339,615 34.7 262,392 3.19 77,223 INDUSIND BANK LTD 677,572 54.9 372,258 51.8 206,660 3.13 165,598 KOTAK MAHINDRA BANK LTD 3,951,725 45.1 1,782,228 42.2 1,059,987 2.87 722,241 HERO MOTOCORP LTD 621,278 35.9 222,977 33.3 209,285 2.60 13,692 BAJAJ FINANCE LTD 3,190,821 23.9 762,287 21.3 420,983 2.58 341,304 DIVI'S LABORATORIES LTD 1,019,904 20.4 207,754 18.3 147,910 2.09 59,845 2,453,822 9.8 240,965 7.8 128,233 2.07 112,732 CIPLA LTD 661,253 22.1 146,137 20.1 125,371 2.03 20,766 HOUSING DEVELOPMENT FINANCE 4,606,063 72.0 3,314,062 70.0 2,185,199 1.95 1,128,863 HDFC BANK LIMITED 7,910,648 39.4 3,113,631 37.4 2,221,722 1.93 891,909 AXIS BANK LTD 1,899,439 51.1 969,854 49.2 639,857 1.82 329,996 ICICI BANK LTD 3,693,771 47.4 1,752,325 45.7 1,117,232 1.77 635,093 BRITANNIA INDUSTRIES LTD 861,430 17.7 152,215 16.0 146,656 1.63 5,559 ULTRATECH CEMENT LTD 1,526,356 16.9 257,954 15.4 179,879 1.51 78,075 HDFC LIFE INSURANCE CO LTD 1,366,839 24.9 339,659 23.4 264,782 1.41 74,877 NESTLE INDIA LTD 1,773,110 12.9 227,845 11.5 176,657 1.34 51,188 ASIAN PAINTS LTD 2,651,703 21.1 560,305 19.9 378,212 1.28 182,093 SBI LIFE INSURANCE CO LTD 904,304 27.0 244,162 25.8 208,958 1.25 35,204 MARUTI SUZUKI INDIA LTD 2,310,792 23.1 533,562 21.9 445,505 1.22 88,056 INFOSYS LTD 5,349,191 39.0 2,086,184 37.9 1,626,341 1.13 459,844 TECH MAHINDRA LTD 941,497 39.1 367,749 38.0 290,451 1.10 77,298 BAJAJ FINSERV LTD 1,417,334 8.8 124,584 7.7 71,805 1.08 52,778 Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 17 FII Holding (Nifty) (DEC 2020) Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) NTPC LTD 983,025 12.3 121,109 11.4 95,823 0.94 25,286 SHREE CEMENT LTD 866,415 12.2 105,529 11.4 83,175 0.80 22,355 POWER GRID CORP OF INDIA LTD 993,218 26.7 265,586 26.0 220,797 0.76 44,790 EICHER MOTORS LTD 691,563 28.9 199,862 28.2 169,384 0.74 30,478 ADANI PORTS AND SPECIAL ECON 982,860 17.8 174,458 17.1 118,387 0.70 56,071 GAIL INDIA LTD 555,875 15.6 86,883 15.1 59,074 0.54 27,809 TITAN CO LTD 1,391,295 18.6 258,642 18.1 192,511 0.54 66,131 GRASIM INDUSTRIES LTD 610,480 13.2 80,705 12.8 62,673 0.42 18,033 HINDUSTAN UNILEVER LTD 5,628,128 14.9 839,717 14.5 706,567 0.38 133,150 ITC LTD 2,571,770 13.3 342,303 13.0 273,832 0.35 68,471 BHARTI AIRTEL LTD 2,780,698 17.8 493,852 17.6 403,498 0.19 90,354 WIPRO LTD 2,207,550 8.7 191,615 8.6 154,272 0.07 37,343 JSW STEEL LTD 935,948 13.3 124,668 13.3 89,562 (0.02) 35,106 OIL & NATURAL GAS CORP LTD 1,170,595 7.7 89,785 7.7 67,081 (0.03) 22,703 RELIANCE INDUSTRIES LTD 13,057,727 25.2 3,289,241 25.2 3,716,886 (0.04) (427,645) TATA MOTORS LTD 606,148 17.6 106,864 17.7 78,490 (0.06) 28,374 TATA CONSULTANCY SVCS LTD 10,742,140 15.9 1,705,852 16.0 1,496,331 (0.12) 209,521 SUN PHARMACEUTICAL INDUS 1,421,212 12.2 173,246 12.4 148,649 (0.19) 24,597 INDIAN OIL CORP LTD 856,218 5.8 50,003 6.1 42,299 (0.24) 7,704 BHARAT PETROLEUM CORP LTD 826,703 11.6 95,650 12.0 91,824 (0.42) 3,825 BAJAJ AUTO LTD 996,595 13.1 130,255 13.6 113,133 (0.50) 17,122 COAL INDIA LTD 834,742 6.5 54,258 7.2 51,471 (0.70) 2,787 UPL LTD 356,313 38.5 137,323 40.5 155,594 (1.96) (18,271) DR. REDDY'S LABORATORIES 865,550 29.1 252,221 34.4 297,027 (5.30) (44,806) Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 18 Insurance Companies Holding (Nifty) (DEC 2020) Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) GAIL INDIA LTD 555,875 10.0 55,476 9.2 35,977 0.79 19,499 UPL LTD 356,313 11.9 42,259 11.1 42,759 0.73 (501) INDUSIND BANK LTD 677,572 6.7 45,194 6.0 24,052 0.64 21,142 INDIAN OIL CORP LTD 856,218 8.1 69,011 7.6 52,665 0.49 16,346 OIL & NATURAL GAS CORP LTD 1,170,595 11.8 137,779 11.3 98,705 0.44 39,074 BHARTI AIRTEL LTD 2,780,698 5.8 161,280 5.5 125,849 0.32 35,431 EICHER MOTORS LTD 691,563 2.8 19,295 2.5 15,218 0.26 4,077 TITAN CO LTD 1,391,295 5.9 82,504 5.7 60,473 0.26 22,031 SUN PHARMACEUTICAL INDUS 1,421,212 9.0 127,767 8.8 105,423 0.21 22,344 HINDUSTAN UNILEVER LTD 5,628,128 4.0 222,874 3.8 182,230 0.21 40,644 NTPC LTD 983,025 13.3 130,644 13.1 110,306 0.19 20,338 BRITANNIA INDUSTRIES LTD 861,430 4.8 41,176 4.6 42,241 0.16 (1,065) COAL INDIA LTD 834,742 12.1 101,338 12.0 85,714 0.15 15,624 HDFC LIFE INSURANCE CO LTD 1,366,839 1.2 16,539 1.1 12,087 0.14 4,452 BAJAJ FINSERV LTD 1,417,334 1.6 23,103 1.7 15,460 (0.03) 7,642 TATA CONSULTANCY SVCS LTD 10,742,140 4.9 527,439 5.0 463,863 (0.05) 63,576 TECH MAHINDRA LTD 941,497 4.9 45,945 4.9 37,722 (0.05) 8,223 ITC LTD 2,571,770 21.6 554,988 21.7 457,443 (0.07) 97,545 RELIANCE INDUSTRIES LTD 13,057,727 5.8 762,571 5.9 872,135 (0.08) (109,564) TATA MOTORS LTD 606,148 7.3 44,431 7.4 32,878 (0.08) 11,553 WIPRO LTD 2,207,550 3.9 85,874 4.0 71,492 (0.10) 14,382 ULTRATECH CEMENT LTD 1,526,356 4.7 71,433 4.8 55,986 (0.11) 15,448 Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 19 Insurance Companies Holding (Nifty) (DEC 2020) Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) BAJAJ FINANCE LTD 3,190,821 0.8 25,527 0.9 18,570 (0.14) 6,957 NESTLE INDIA LTD 1,773,110 3.7 66,314 4.0 60,625 (0.21) 5,689 STATE BANK OF INDIA 2,453,822 11.1 272,129 11.3 187,469 (0.24) 84,660 SHREE CEMENT LTD 866,415 2.4 20,967 2.7 19,661 (0.27) 1,306 HDFC BANK LIMITED 7,910,648 3.8 298,231 4.1 242,769 (0.32) 55,462 ICICI BANK LTD 3,693,771 13.4 494,965 13.9 340,772 (0.53) 154,194 KOTAK MAHINDRA BANK LTD 3,951,725 5.1 201,538 5.7 141,817 (0.55) 59,721 ASIAN PAINTS LTD 2,651,703 3.2 83,794 3.8 72,022 (0.62) 11,772 LARSEN & TOUBRO LTD 1,808,121 18.1 327,451 18.8 237,308 (0.64) 90,143 HOUSING DEVELOPMENT FINANCE 4,606,063 8.1 372,630 8.8 274,086 (0.69) 98,544 ADANI PORTS AND SPECIAL ECON 982,860 11.7 114,995 12.4 86,308 (0.73) 28,687 CIPLA LTD 661,253 2.0 13,225 2.8 17,303 (0.77) (4,078) INFOSYS LTD 5,349,191 11.8 630,670 12.6 542,400 (0.84) 88,270 TATA STEEL LTD 740,752 15.7 116,520 16.7 68,205 (0.93) 48,315 HERO MOTOCORP LTD 621,278 8.3 51,255 9.3 58,404 (1.04) (7,148) HCL TECHNOLOGIES LTD 2,567,535 3.3 84,215 4.3 95,144 (1.04) (10,929) BAJAJ AUTO LTD 996,595 6.0 60,095 7.2 59,943 (1.16) 152 HINDALCO INDUSTRIES LTD 540,416 10.0 53,825 11.7 46,098 (1.75) 7,728 DR. REDDY'S LABORATORIES 865,550 1.0 8,656 2.8 23,804 (1.76) (15,148) GRASIM INDUSTRIES LTD 610,480 11.7 71,426 13.5 65,953 (1.77) 5,473 MAHINDRA & MAHINDRA LTD 895,845 10.8 96,303 13.0 97,868 (2.20) (1,565)

Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 20 DII Holding (Nifty) (DEC 2020) Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) SUN PHARMACEUTICAL INDUS 1,421,212 20.7 293,765 20.2 242,785 0.45 50,979 JSW STEEL LTD 935,948 6.3 58,871 5.9 39,276 0.44 19,595 COAL INDIA LTD 834,742 22.2 184,895 21.9 156,630 0.24 28,266 UPL LTD 356,313 17.3 61,607 17.1 65,503 0.24 (3,897) OIL & NATURAL GAS CORP LTD 1,170,595 17.7 207,429 17.5 152,806 0.18 54,624 INDIAN OIL CORP LTD 856,218 13.5 115,932 13.4 93,016 0.17 22,916 BHARTI AIRTEL LTD 2,780,698 19.8 550,300 19.9 456,777 (0.10) 93,523 HDFC LIFE INSURANCE CO LTD 1,366,839 6.3 85,427 6.4 71,957 (0.12) 13,471 TITAN CO LTD 1,391,295 10.2 141,634 10.3 109,960 (0.13) 31,673 TATA CONSULTANCY SVCS LTD 10,742,140 7.7 821,774 7.8 729,461 (0.15) 92,312 GAIL INDIA LTD 555,875 19.9 110,508 20.1 78,570 (0.19) 31,938 HINDUSTAN UNILEVER LTD 5,628,128 7.5 422,110 7.7 376,123 (0.24) 45,987 RELIANCE INDUSTRIES LTD 13,057,727 10.7 1,397,177 11.1 1,627,887 (0.35) (230,710) HCL TECHNOLOGIES LTD 2,567,535 10.0 257,781 10.4 229,711 (0.39) 28,069 WIPRO LTD 2,207,550 6.2 137,530 6.7 119,153 (0.42) 18,377 STATE BANK OF INDIA 2,453,822 23.9 585,237 24.3 402,404 (0.47) 182,832 BHARAT PETROLEUM CORP LTD 826,703 20.1 165,919 20.6 157,534 (0.50) 8,386 EICHER MOTORS LTD 691,563 9.0 62,172 9.5 57,383 (0.55) 4,788 TATA MOTORS LTD 606,148 13.3 80,496 13.8 61,363 (0.55) 19,133 SHREE CEMENT LTD 866,415 10.9 94,093 11.5 84,052 (0.64) 10,041 AXIS BANK LTD 1,899,439 20.2 383,687 20.9 271,199 (0.67) 112,488 POWER GRID CORP OF INDIA LTD 993,218 15.5 153,651 16.1 137,169 (0.67) 16,481 TECH MAHINDRA LTD 941,497 13.4 125,878 14.0 107,427 (0.67) 18,451 ITC LTD 2,571,770 38.9 1,001,447 39.6 836,919 (0.67) 164,528 BRITANNIA INDUSTRIES LTD 861,430 10.5 90,450 11.2 102,769 (0.74) (12,319) Source: BSE, ACE Equity,Bloomberg DII includes MF,Insurance,Fin. Institution Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 21 DII Holding (Nifty) (DEC 2020) Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) ADANI PORTS AND SPECIAL ECON 982,860 15.7 153,818 16.4 114,082 (0.78) 39,736 BAJAJ FINSERV LTD 1,417,334 4.7 67,040 5.6 51,782 (0.83) 15,258 SBI LIFE INSURANCE CO LTD 904,304 4.9 44,311 5.8 46,742 (0.86) (2,431) HDFC BANK LIMITED 7,910,648 17.2 1,356,676 18.1 1,072,576 (0.92) 284,100 BAJAJ FINANCE LTD 3,190,821 7.1 225,272 8.1 159,622 (1.02) 65,650 MARUTI SUZUKI INDIA LTD 2,310,792 15.4 355,169 16.4 334,078 (1.03) 21,091 INDUSIND BANK LTD 677,572 16.2 109,563 17.2 68,647 (1.04) 40,916 ASIAN PAINTS LTD 2,651,703 6.0 157,776 7.0 133,375 (1.05) 24,402 NESTLE INDIA LTD 1,773,110 7.6 134,224 8.8 134,296 (1.18) (71) ICICI BANK LTD 3,693,771 39.8 1,469,382 41.1 1,004,457 (1.28) 464,925 BAJAJ AUTO LTD 996,595 9.1 90,989 10.4 86,788 (1.28) 4,201 ULTRATECH CEMENT LTD 1,526,356 14.2 216,437 15.5 180,814 (1.29) 35,623 HOUSING DEVELOPMENT FINANCE 4,606,063 16.9 777,043 18.2 569,088 (1.36) 207,955 NTPC LTD 983,025 32.7 321,351 34.1 287,468 (1.45) 33,883 INFOSYS LTD 5,349,191 28.3 1,514,891 29.9 1,281,919 (1.53) 232,972 DIVI'S LABORATORIES LTD 1,019,904 13.2 134,627 14.9 120,157 (1.65) 14,471 DR. REDDY'S LABORATORIES 865,550 14.3 124,120 16.0 138,078 (1.67) (13,958) CIPLA LTD 661,253 17.7 116,843 19.5 121,498 (1.78) (4,654) GRASIM INDUSTRIES LTD 610,480 18.7 114,038 20.6 101,060 (1.96) 12,978 KOTAK MAHINDRA BANK LTD 3,951,725 12.7 501,079 15.0 375,752 (2.29) 125,327 LARSEN & TOUBRO LTD 1,808,121 33.1 597,946 35.4 448,543 (2.37) 149,403 MAHINDRA & MAHINDRA LTD 895,845 21.7 194,309 24.2 182,510 (2.46) 11,798 HERO MOTOCORP LTD 621,278 14.6 90,707 17.3 108,760 (2.70) (18,054) HINDALCO INDUSTRIES LTD 540,416 23.5 127,052 26.7 105,265 (3.23) 21,787 TATA STEEL LTD 740,752 26.0 192,299 30.1 123,023 (4.09) 69,277

Source: BSE, ACE Equity,Bloomberg DII includes MF,Insurance,Fin. Institution Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 22 Promoter Holdings (Nifty200) (DEC 2020) Dec'20 Holding Holding QoQ QoQ Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) (%) (Rs mn) (Rs mn) (%) (Rs mn) Indus Towers Ltd 619,566 69.9 432,767 53.5 173,532 16.33 259,235 Tata Steel Ltd 740,752 34.7 257,115 34.7 142,223 (0.03) 114,892 Tata Chemicals Ltd 121,621 38.0 46,192 35.5 27,064 2.51 19,128 Aditya Birla Fashion And Ret 128,654 59.8 76,896 59.8 62,028 (0.03) 14,868 Godrej Industries Ltd 142,081 66.4 94,313 65.0 89,959 1.41 4,355 Britannia Industries Ltd 861,430 50.6 435,453 50.6 462,460 (0.03) (27,007) Nippon Life India Asset Mana 182,220 75.8 138,159 75.0 120,308 0.87 17,851 Hdfc Bank Limited 7,910,648 26.0 2,056,768 26.0 1,545,056 (0.03) 511,713 Tata Motors Ltd 606,148 47.9 290,284 47.4 210,090 0.54 80,195 Lupin Ltd 443,015 46.9 207,685 46.9 214,148 (0.03) (6,462) Grasim Industries Ltd 610,480 42.2 257,745 41.7 204,274 0.50 53,471 Mphasis Ltd 287,558 56.1 161,406 56.2 144,971 (0.03) 16,435 Corp 331,224 51.6 170,812 51.1 140,723 0.45 30,090 Tech Mahindra Ltd 941,497 35.8 336,962 35.8 274,077 (0.03) 62,885 Ipca Laboratories Ltd 277,602 46.3 128,502 46.1 126,138 0.21 2,364 Upl Ltd 356,313 30.4 108,212 30.4 116,791 (0.03) (8,579) Godrej Agrovet Ltd 102,778 70.3 72,212 70.1 68,573 0.18 3,639 Larsen & Toubro Infotech Ltd 639,109 74.3 474,986 74.4 330,129 (0.04) 144,857 Ntpc Ltd 983,025 51.1 502,424 51.0 429,602 0.09 72,822 Oracle Financial Services 276,404 73.3 202,576 73.3 193,727 (0.04) 8,850 Adani Ports And Special Econ 982,860 63.7 626,475 63.7 442,024 0.08 184,450 Mrf Ltd 321,269 27.8 89,441 27.9 70,440 (0.04) 19,001 Ultratech Cement Ltd 1,526,356 60.3 920,393 60.2 704,089 0.06 216,304 Sbi Cards & Payment Services 800,435 69.4 555,582 69.5 552,884 (0.06) 2,698 Reliance Industries Ltd 13,057,727 50.5 6,599,375 50.5 7,438,192 0.05 (838,817) Ltd 539,826 51.9 280,386 52.0 242,778 (0.08) 37,608 Bajaj Holdings And Investmen 342,401 50.0 171,064 49.9 134,168 0.02 36,895 V-Guard Industries Ltd 79,971 62.6 50,030 62.6 45,751 (0.08) 4,279 Tata Consumer Products Ltd 543,624 34.7 188,746 34.7 159,772 0.02 28,974 L&T Technology Services Ltd 245,656 74.3 182,473 74.4 125,800 (0.09) 56,673 Ltd 494,128 63.3 312,684 63.3 272,622 0.01 40,063 Polycab India Ltd 154,567 68.5 105,801 68.5 83,712 (0.09) 22,089 Ltd 203,198 69.8 141,812 69.8 128,665 0.01 13,147 Mahindra & Mahindra Ltd 895,845 19.5 174,242 19.6 147,973 (0.13) 26,269 Cipla Ltd 661,253 36.7 242,746 36.7 229,253 0.01 13,493 Ltd 142,525 70.4 100,266 70.5 99,296 (0.17) 971 India Ltd 943,803 67.9 640,653 67.9 612,427 0.01 28,226 Aarti Industries Limited 215,145 47.3 101,850 47.6 84,087 (0.21) 17,762 Gail India Ltd 555,875 52.1 289,722 52.1 204,001 0.01 85,721 Sun Pharmaceutical Indus 1,421,212 54.5 774,276 54.7 656,673 (0.21) 117,604 India Ltd 737,593 75.0 553,121 75.0 425,176 (0.01) 127,945 Dhani Services Ltd 184,380 28.7 52,899 29.1 38,297 (0.40) 14,602 Interglobe Aviation Ltd 663,236 74.9 496,432 74.9 359,815 (0.01) 136,618 Axis Bank Ltd 1,899,439 13.9 264,782 14.8 192,061 (0.84) 72,721 Edelweiss Financial Services 64,094 32.9 21,093 32.9 18,125 (0.01) 2,969 Hdfc Life Insurance Co Ltd 1,366,839 58.9 804,795 60.4 682,402 (1.53) 122,393 Icici Lombard General Insura 691,258 51.9 358,694 51.9 306,528 (0.01) 52,166 Srf Ltd 330,227 50.8 167,656 52.3 124,232 (1.56) 43,424 Idfc First Bank Ltd 210,163 40.0 84,065 40.0 67,972 (0.01) 16,093 Gmr Infrastructure Ltd 159,953 63.6 101,762 65.5 91,157 (1.90) 10,605 L&T Finance Holdings Ltd 188,054 63.7 119,715 63.7 79,270 (0.01) 40,445 Ltd 238,877 57.6 137,569 59.6 135,023 (2.00) 2,546 Manappuram Finance Ltd 140,043 35.0 49,015 35.0 46,500 (0.01) 2,515 Icici Securities Ltd 149,088 75.0 111,816 77.2 115,276 (2.22) (3,460) Ltd/The 187,843 42.6 80,059 42.6 75,672 (0.01) 4,387 Ltd 113,048 37.6 42,517 41.8 31,259 (4.15) 11,259 Infosys Ltd 5,349,191 15.7 837,683 15.7 672,954 (0.01) 164,730 Dr. Reddy'S Laboratories 865,550 26.7 231,448 31.1 268,480 (4.39) (37,032) Divi'S Laboratories Ltd 1,019,904 52.0 529,840 52.0 420,427 (0.01) 109,414 Max Financial Services Ltd 232,915 17.3 40,224 22.3 36,869 (5.07) 3,356 Hdfc Asset Management Co Ltd 621,367 73.9 459,377 73.9 357,254 (0.01) 102,123 Future Retail Ltd 42,678 28.0 11,950 33.9 16,544 (5.86) (4,594) Ltd 485,640 73.4 356,460 73.4 333,327 (0.01) 23,133 Coforge Limited 163,899 64.0 104,895 70.3 98,848 (6.28) 6,047 Aditya Birla Capital Ltd 205,272 71.0 145,640 71.0 106,568 (0.02) 39,073 Mindtree Ltd 273,493 61.0 166,913 67.6 148,980 (6.56) 17,933 Syngene International Ltd 255,840 70.6 180,597 70.6 156,175 (0.02) 24,422 Punjab National Bank 346,288 76.9 266,192 85.6 229,958 (8.72) 36,234 Au Small Finance Bank Ltd 261,503 29.0 75,810 29.0 58,182 (0.02) 17,628 Crompton Greaves Consumer El 238,753 17.4 41,615 26.2 48,047 (8.77) (6,433) Indusind Bank Ltd 677,572 14.7 99,400 14.7 58,595 (0.02) 40,804 Canara Bank 212,347 69.3 147,241 78.6 101,443 (9.21) 45,799 Kotak Mahindra Bank Ltd 3,951,725 26.0 1,029,029 26.1 654,114 (0.02) 374,915 Indian Railway Catering & To 230,048 67.4 155,052 87.4 193,539 (20.00) (38,486) Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 23 Mutual Fund Holdings (Nifty200) (DEC 2020) Dec'20 Holding Holding QoQ QoQ Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) (%) (Rs mn) (Rs mn) (%) (Rs mn) Lic Housing Finance Ltd 182,310 9.6 17,538 4.5 6,249 5.13 11,289 Ltd 488,070 7.5 36,800 7.3 29,402 0.27 7,398 Federal Bank Ltd 133,056 29.9 39,797 25.0 24,242 4.88 15,555 Endurance Technologies Ltd 189,663 9.3 17,715 9.1 14,798 0.21 2,916 Indian Railway Catering & To 230,048 5.0 11,594 1.0 2,148 4.07 9,446 Zee Entertainment Enterprise 214,673 3.9 8,458 3.7 7,504 0.20 954 Coforge Limited 163,899 10.0 16,390 6.7 9,466 3.27 6,924 Idfc First Bank Ltd 210,163 2.9 5,990 2.7 4,536 0.18 1,454 Crompton Greaves Consumer El 238,753 27.7 66,111 24.8 45,407 2.93 20,704 Dabur India Ltd 943,803 3.1 28,975 2.9 26,258 0.16 2,716 Ltd 117,170 10.8 12,596 8.7 8,836 2.10 3,760 Godrej Properties Ltd 361,019 4.4 15,885 4.3 9,240 0.14 6,645 Polycab India Ltd 154,567 4.0 6,214 2.1 2,553 1.93 3,661 Whirlpool Of India Ltd 333,547 8.2 27,451 8.1 22,575 0.13 4,876 Housing Finance L 101,856 2.2 2,220 0.3 240 1.85 1,981 Bajaj Auto Ltd 996,595 3.1 30,795 3.0 24,761 0.12 6,034 Mphasis Ltd 287,558 11.4 32,897 9.7 24,936 1.78 7,960 Coal India Ltd 834,742 9.5 79,050 9.4 66,912 0.11 12,138 Mahindra & Mahindra Fin Secs 216,095 10.8 23,295 9.1 13,795 1.71 9,500 Prestige Estates Projects 106,670 2.4 2,592 2.3 2,352 0.10 240 Jindal Steel & Power Ltd 271,784 11.8 32,043 10.4 19,821 1.39 12,222 Shriram Transport Finance 264,829 1.6 4,184 1.5 2,335 0.09 1,849 Bosch Ltd 377,088 2.9 10,785 1.7 6,803 1.18 3,982 Ltd 259,111 7.2 18,734 7.2 15,179 0.08 3,554 Ltd 244,574 10.6 25,998 9.5 19,834 1.11 6,164 Ltd 280,197 11.0 30,766 10.9 23,828 0.07 6,938 Au Small Finance Bank Ltd 261,503 10.4 27,249 9.5 19,113 0.89 8,135 Adani Enterprises Ltd 527,414 1.1 5,749 1.0 3,366 0.06 2,383 Ltd 132,987 27.6 36,718 26.8 27,605 0.82 9,113 Gujarat State Petronet Ltd 125,030 19.6 24,443 19.5 22,933 0.06 1,510 Ltd 292,270 26.3 76,779 25.6 59,656 0.70 17,123 Rec Ltd 264,442 9.5 25,016 9.4 18,397 0.06 6,619 Avenue Supermarts Ltd 1,790,191 6.1 108,844 5.4 76,780 0.70 32,063 Dr. Reddy'S Laboratories 865,550 13.3 115,032 13.2 114,188 0.05 843 Ltd 756,794 2.3 17,633 1.7 12,231 0.68 5,403 Ltd 1,646,282 0.1 2,305 0.1 1,154 0.04 1,151 Oracle Financial Services 276,404 5.0 13,737 4.3 11,386 0.66 2,351 Dlf Ltd 576,377 1.6 9,164 1.6 5,895 0.03 3,270 L&T Technology Services Ltd 245,656 5.8 14,297 5.2 8,745 0.65 5,552 Bombay Burmah Trading Corp 90,568 0.6 516 0.6 537 (0.02) (21) Lupin Ltd 443,015 13.2 58,567 12.6 57,474 0.63 1,092 General Ins Corp Of India 244,038 0.6 1,342 0.6 1,230 (0.03) 112 Hcl Technologies Ltd 2,567,535 6.6 169,714 6.0 131,704 0.63 38,010 Ltd 481,167 0.2 722 0.2 479 (0.03) 243 Ltd 307,962 12.3 37,879 11.7 27,772 0.63 10,107 Gmr Infrastructure Ltd 159,953 0.5 752 0.5 710 (0.04) 42 Canara Bank 212,347 2.4 5,075 1.9 2,389 0.54 2,686 Adani Ports And Special Econ 982,860 4.0 38,823 4.0 27,705 (0.04) 11,118 Ltd 306,032 1.0 2,969 0.5 1,427 0.45 1,542 Srf Ltd 330,227 11.1 36,490 11.1 26,328 (0.04) 10,162 Bajaj Holdings And Investmen 342,401 1.5 5,204 1.1 2,928 0.43 2,276 Berger Paints India Ltd 737,593 0.9 6,712 1.0 5,442 (0.05) 1,270 Sbi Cards & Payment Services 800,435 2.9 22,972 2.5 19,658 0.40 3,315 Ltd 1,010,063 0.3 2,525 0.3 2,661 (0.05) (136) Dalmia Bharat Ltd 201,689 2.7 5,365 2.3 3,372 0.35 1,993 Ltd 447,231 0.3 1,431 0.4 1,219 (0.05) 212 Piramal Enterprises Ltd 322,216 1.3 4,092 0.9 2,629 0.34 1,463 National Aluminium Co Ltd 80,409 8.8 7,084 8.9 5,337 (0.06) 1,747 United Breweries Ltd 313,678 8.1 25,471 7.8 19,697 0.33 5,774 Grasim Industries Ltd 610,480 6.9 42,001 7.0 34,176 (0.10) 7,825 Maruti Suzuki India Ltd 2,310,792 7.8 181,166 7.5 153,187 0.32 27,979 202,136 1.0 1,961 1.1 1,669 (0.10) 291 Sun Pharmaceutical Indus 1,421,212 11.0 156,333 10.7 128,597 0.29 27,736 Ltd 521,677 10.8 56,341 10.9 39,530 (0.10) 16,811 Manappuram Finance Ltd 140,043 7.9 11,091 7.6 10,134 0.29 957 Ltd 264,454 5.5 14,439 5.6 11,229 (0.11) 3,211 Godrej Agrovet Ltd 102,778 2.2 2,292 2.0 1,908 0.28 384 Tata Consultancy Svcs Ltd 10,742,140 2.7 293,260 2.8 265,599 (0.11) 27,662 Rbl Bank Ltd 138,112 12.5 17,264 12.2 10,562 0.28 6,702 Procter & Gamble Hygiene 359,416 5.5 19,876 5.6 18,210 (0.11) 1,665

Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 25 Mutual Fund Holdings (Nifty200) (DEC 2020) Dec'20 Holding Holding QoQ QoQ Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) (%) (Rs mn) (Rs mn) (%) (Rs mn) Ltd 897,205 4.2 37,862 4.3 31,629 (0.12) 6,233 Asian Paints Ltd 2,651,703 2.8 73,983 3.2 61,162 (0.42) 12,821 Aditya Birla Capital Ltd 205,272 1.5 2,976 1.6 2,388 (0.14) 589 Nippon Life India Asset Mana 182,220 2.7 4,902 3.1 5,008 (0.43) (106) Ajanta Pharma Ltd 142,525 9.8 13,953 9.9 13,996 (0.15) (43) Hindustan Unilever Ltd 5,628,128 3.5 198,110 4.0 191,949 (0.43) 6,161 Nmdc Ltd 350,429 4.1 14,473 4.3 10,804 (0.16) 3,669 Aditya Birla Fashion And Ret 128,654 17.8 22,862 18.2 18,920 (0.47) 3,942 Oil & Natural Gas Corp Ltd 1,170,595 5.9 69,533 6.1 53,142 (0.16) 16,391 Tata Motors Ltd 606,148 5.8 35,035 6.3 27,775 (0.48) 7,260 Cesc Ltd 81,430 21.4 17,450 21.6 17,580 (0.17) (130) Bharat Petroleum Corp Ltd 826,703 13.3 109,703 13.8 105,456 (0.50) 4,247 Jsw Steel Ltd 935,948 2.3 21,152 2.4 16,315 (0.17) 4,838 Alembic Pharmaceuticals Ltd 203,198 5.8 11,725 6.3 11,580 (0.51) 145 L&T Finance Holdings Ltd 188,054 0.2 451 0.4 523 (0.18) (72) Icici Securities Ltd 149,088 7.1 10,555 7.6 11,331 (0.51) (775) Indus Towers Ltd 619,566 0.5 3,036 0.7 2,172 (0.18) 863 Power Grid Corp Of India Ltd 993,218 9.3 91,873 9.8 83,287 (0.55) 8,585 Oil India Ltd 116,466 5.2 6,056 5.4 5,239 (0.21) 817 V-Guard Industries Ltd 79,971 10.0 7,989 10.6 7,706 (0.56) 284 Mahindra & Mahindra Ltd 895,845 10.8 96,483 11.0 82,980 (0.21) 13,503 Coromandel International Ltd 238,877 15.2 36,357 15.8 35,801 (0.58) 556 State Bank Of India 2,453,822 12.7 312,372 13.0 214,274 (0.22) 98,098 Tech Mahindra Ltd 941,497 8.4 78,992 9.0 68,634 (0.58) 10,358 Ltd 561,086 1.6 9,202 1.9 8,376 (0.22) 826 Hdfc Bank Limited 7,910,648 13.4 1,056,863 14.0 828,026 (0.59) 228,836 Sun Tv Network Ltd 189,457 5.0 9,530 5.3 9,634 (0.22) (104) Itc Ltd 2,571,770 9.4 240,718 10.0 210,233 (0.59) 30,484 Ltd 139,250 3.3 4,651 3.6 4,862 (0.23) (211) 306,040 1.5 4,621 2.1 2,941 (0.60) 1,680 India Ltd 573,522 2.0 11,470 2.2 9,463 (0.23) 2,008 283,934 6.5 18,371 7.1 13,429 (0.61) 4,942 Hdfc Life Insurance Co Ltd 1,366,839 5.0 68,479 5.3 59,418 (0.25) 9,061 Axis Bank Ltd 1,899,439 18.0 341,139 18.6 241,571 (0.63) 99,569 Ltd 212,126 4.2 8,973 4.5 6,436 (0.26) 2,537 Abbott India Ltd 335,083 4.0 13,403 4.7 16,291 (0.65) (2,887) Reliance Industries Ltd 13,057,727 4.9 634,606 5.1 754,279 (0.26) (119,673) Housing Development Finance 4,606,063 8.8 403,031 9.4 293,441 (0.65) 109,589 Hdfc Asset Management Co Ltd 621,367 1.1 7,084 1.4 6,813 (0.27) 271 Upl Ltd 356,313 5.0 17,816 5.7 21,783 (0.67) (3,967) Dr Lal Pathlabs Ltd 192,131 6.3 12,027 6.5 10,246 (0.28) 1,781 Infosys Ltd 5,349,191 16.5 883,686 17.2 739,519 (0.70) 144,167 Icici Lombard General Insura 691,258 10.2 70,785 10.5 62,251 (0.30) 8,534 Icici Bank Ltd 3,693,771 26.4 973,678 27.1 662,217 (0.71) 311,461 Ltd 474,279 6.9 32,773 7.2 34,257 (0.32) (1,484) Gail India Ltd 555,875 9.9 54,809 10.6 41,536 (0.75) 13,273 Indian Oil Corp Ltd 856,218 5.4 46,407 5.7 39,934 (0.32) 6,473 Ramco Cements Ltd/The 187,843 22.9 42,941 23.6 41,945 (0.77) 996 Ltd 175,255 8.9 15,650 9.3 16,015 (0.33) (365) Eicher Motors Ltd 691,563 6.2 42,669 7.0 41,865 (0.79) 805 Wipro Ltd 2,207,550 2.3 49,891 2.6 46,586 (0.34) 3,304 Ltd 349,872 6.9 24,141 7.7 25,575 (0.80) (1,434) Muthoot Finance Ltd 485,640 6.2 30,013 6.5 29,650 (0.35) 362 Punjab National Bank 346,288 0.6 2,078 1.4 3,788 (0.81) (1,711) Shree Cement Ltd 866,415 8.4 72,952 8.8 64,099 (0.35) 8,853 Bajaj Finserv Ltd 1,417,334 3.1 43,370 3.9 36,042 (0.81) 7,328 Future Retail Ltd 42,678 0.0 9 0.4 181 (0.35) (172) Amara Raja Batteries Ltd 157,823 8.0 12,563 8.8 11,486 (0.84) 1,076 Ltd 519,932 2.1 11,075 2.5 11,671 (0.36) (596) Bajaj Finance Ltd 3,190,821 6.3 199,426 7.1 140,262 (0.85) 59,164 Container Corp Of India Ltd 243,292 8.3 20,266 8.7 19,345 (0.37) 921 Britannia Industries Ltd 861,430 5.6 48,412 6.5 59,247 (0.86) (10,835) Power Finance Corporation 301,762 13.9 41,945 14.3 32,498 (0.38) 9,447 Sbi Life Insurance Co Ltd 904,304 4.9 43,859 5.7 46,498 (0.88) (2,640) Titan Co Ltd 1,391,295 4.2 58,991 4.6 49,381 (0.39) 9,610 Ltd 558,480 3.1 17,089 3.9 21,167 (0.88) (4,078) Ltd 420,179 5.8 24,244 6.2 23,090 (0.39) 1,154 Syngene International Ltd 255,840 4.7 11,948 5.6 12,320 (0.90) (372) Bharti Airtel Ltd 2,780,698 14.0 388,185 14.4 330,009 (0.41) 58,176 Hindustan Petroleum Corp 331,224 15.5 51,174 16.4 45,036 (0.91) 6,138 Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 26 Mutual Fund Holdings (Nifty200) (DEC 2020)

Dec'20 Holding Holding QoQ QoQ Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) (%) (Rs mn) (Rs mn) (%) (Rs mn) Nestle India Ltd 1,773,110 3.8 67,555 4.8 73,057 (0.95) (5,501) Divi'S Laboratories Ltd 1,019,904 13.2 134,627 14.8 120,076 (1.64) 14,552 Cipla Ltd 661,253 15.6 103,089 16.6 103,570 (0.99) (480) Ntpc Ltd 983,025 18.4 181,172 20.1 169,079 (1.65) 12,092 Ltd 121,712 3.1 3,761 4.1 4,444 (1.02) (683) Cholamandalam Investment And 317,745 23.0 73,050 24.7 50,336 (1.66) 22,713 Ltd 351,646 6.3 22,013 7.3 19,847 (1.07) 2,166 Indusind Bank Ltd 677,572 9.4 63,963 11.1 44,316 (1.67) 19,647 Jubilant Foodworks Ltd 368,346 9.6 35,398 10.7 33,042 (1.07) 2,356 Kotak Mahindra Bank Ltd 3,951,725 7.6 299,936 9.3 233,182 (1.70) 66,754 Aurobindo Pharma Ltd 539,826 10.0 53,713 11.0 51,477 (1.08) 2,236 Ltd 188,363 20.4 38,464 22.1 34,573 (1.72) 3,890 Co Ltd 241,728 11.4 27,484 12.5 21,204 (1.08) 6,281 Larsen & Toubro Ltd 1,808,121 14.9 268,687 16.6 209,843 (1.72) 58,844 Ultratech Cement Ltd 1,526,356 9.5 144,699 10.6 123,893 (1.12) 20,805 Tvs Motor Co Ltd 230,418 12.1 27,788 13.9 30,859 (1.81) (3,070) Mindtree Ltd 273,493 7.5 20,430 8.7 19,110 (1.20) 1,320 Ltd 273,195 25.9 70,703 27.7 62,335 (1.81) 8,368 Apollo Hospitals Enterprise 335,682 7.4 24,673 8.6 25,581 (1.21) (909) Exide Industries Ltd 162,563 12.7 20,678 14.6 20,464 (1.88) 214 India Ltd 611,791 10.5 63,932 11.7 54,588 (1.23) 9,344 Indian Hotels Co Ltd 142,830 20.2 28,852 22.1 24,991 (1.92) 3,860 Bata India Ltd 203,029 14.1 28,627 15.4 26,128 (1.32) 2,499 Tata Consumer Products Ltd 543,624 9.9 53,873 11.9 54,654 (1.96) (781) Escorts Ltd 169,946 7.0 11,811 8.3 14,737 (1.34) (2,926) Interglobe Aviation Ltd 663,236 3.9 25,734 5.9 28,406 (2.03) (2,673) Sanofi India Ltd 191,775 11.6 22,227 12.9 25,731 (1.34) (3,504) Mrf Ltd 321,269 7.9 25,316 9.9 25,063 (2.04) 253 Colgate Palmolive (India) 425,726 2.6 11,154 4.0 15,557 (1.37) (4,403) Bharat Heavy Electricals 125,007 2.2 2,775 4.3 4,359 (2.06) (1,584) Jsw Energy Ltd 111,381 2.0 2,228 3.4 3,160 (1.41) (932) Ltd 104,823 4.7 4,948 7.6 6,207 (2.85) (1,259) Limited 233,625 9.1 21,213 10.5 23,513 (1.41) (2,300) Ipca Laboratories Ltd 277,602 20.6 57,130 23.5 64,410 (2.95) (7,280) Petronet Lng Ltd 371,401 7.0 25,998 8.4 27,868 (1.42) (1,870) Apollo Tyres Ltd 113,048 12.0 13,532 15.0 11,205 (3.00) 2,326 Ambuja Cements Ltd 494,128 5.3 26,337 6.8 29,128 (1.43) (2,791) Tata Steel Ltd 740,752 10.1 75,112 13.2 53,999 (3.05) 21,113 Hindalco Industries Ltd 540,416 13.3 71,713 14.7 57,908 (1.44) 13,806 Navin Fluorine International 129,230 13.9 17,976 17.0 18,525 (3.09) (550) Max Financial Services Ltd 232,915 26.9 62,747 28.4 46,886 (1.47) 15,861 Acc Ltd 303,775 9.6 29,102 12.8 33,416 (3.19) (4,314) Larsen & Toubro Infotech Ltd 639,109 3.7 23,455 5.1 22,820 (1.47) 636 Balkrishna Industries Ltd 318,259 15.0 47,612 19.0 54,165 (4.01) (6,553) Ltd 647,776 3.4 22,219 4.9 21,674 (1.50) 545 Pi Industries Ltd 333,019 16.2 53,949 20.6 61,496 (4.36) (7,547) India Ltd 159,266 17.1 27,282 18.6 22,991 (1.50) 4,291 Trent Ltd 244,434 6.2 15,057 10.7 25,486 (4.51) (10,428) Aarti Industries Limited 215,145 11.2 24,182 12.8 22,618 (1.55) 1,564 Tata Chemicals Ltd 121,621 12.0 14,643 16.8 12,811 (4.75) 1,832 Hero Motocorp Ltd 621,278 5.9 36,780 7.5 46,962 (1.55) (10,182) Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 27 FII Holdings (Nifty200) (DEC 2020) Dec'20 Holding Holding QoQ QoQ Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) (%) (Rs mn) (Rs mn) (%) (Rs mn) Indian Railway Catering & To 230,048 8.4 19,301 0.9 1,949 7.51 17,352 Divi'S Laboratories Ltd 1,019,904 20.4 207,754 18.3 147,910 2.09 59,845 Rbl Bank Ltd 138,112 35.2 48,588 27.8 24,029 7.38 24,559 State Bank Of India 2,453,822 9.8 240,965 7.8 128,233 2.07 112,732 Trent Ltd 244,434 29.4 71,888 23.1 55,247 6.28 16,641 Larsen & Toubro Infotech Ltd 639,109 13.3 84,938 11.2 49,812 2.07 35,125 Ipca Laboratories Ltd 277,602 18.2 50,607 12.4 33,971 5.82 16,636 Cipla Ltd 661,253 22.1 146,137 20.1 125,371 2.03 20,766 Tata Steel Ltd 740,752 17.0 126,076 11.6 47,326 5.46 78,750 Indian Hotels Co Ltd 142,830 12.5 17,882 10.5 11,863 2.02 6,019 Mrf Ltd 321,269 12.7 40,737 7.4 18,646 5.30 22,091 Aurobindo Pharma Ltd 539,826 25.0 134,903 23.0 107,435 1.97 27,468 Acc Ltd 303,775 11.6 35,086 6.6 17,297 4.94 17,789 Housing Development Finance 4,606,063 72.0 3,314,062 70.0 2,185,199 1.95 1,128,863 Pi Industries Ltd 333,019 19.5 64,972 14.7 44,058 4.78 20,914 Dr Lal Pathlabs Ltd 192,131 24.4 46,822 22.4 35,125 1.95 11,697 Indiabulls Housing Finance L 101,856 32.2 32,757 28.0 20,315 4.20 12,441 Indraprastha Gas Ltd 351,646 23.2 81,687 21.3 57,618 1.95 24,069 Tata Consumer Products Ltd 543,624 25.7 139,657 21.7 99,731 4.03 39,926 Hdfc Bank Limited 7,910,648 39.4 3,113,631 37.4 2,221,722 1.93 891,909 Balkrishna Industries Ltd 318,259 15.5 49,457 11.5 32,922 4.01 16,536 Cholamandalam Investment And 317,745 13.2 41,879 11.3 23,136 1.85 18,742 Crompton Greaves Consumer El 238,753 34.3 81,988 30.3 55,621 4.01 26,367 Axis Bank Ltd 1,899,439 51.1 969,854 49.2 639,857 1.82 329,996 Mahanagar Gas Ltd 104,823 29.6 30,996 25.6 21,014 3.94 9,982 Icici Bank Ltd 3,693,771 47.4 1,752,325 45.7 1,117,232 1.77 635,093 Apollo Hospitals Enterprise 335,682 51.8 173,715 47.9 143,029 3.89 30,687 Ashok Leyland Ltd 280,197 16.3 45,700 14.6 31,909 1.70 13,791 Yes Bank Ltd 447,231 15.0 67,174 11.2 36,769 3.86 30,405 Dhani Services Ltd 184,380 27.9 51,516 26.3 34,611 1.65 16,905 Navin Fluorine International 129,230 24.5 31,700 21.1 22,961 3.46 8,740 Britannia Industries Ltd 861,430 17.7 152,215 16.0 146,656 1.63 5,559 Hindalco Industries Ltd 540,416 24.3 131,159 20.9 82,118 3.41 49,041 Tata Power Co Ltd 241,728 12.4 30,071 10.9 18,479 1.59 11,592 Tata Chemicals Ltd 121,621 12.3 14,947 9.1 6,913 3.23 8,034 Jubilant Foodworks Ltd 368,346 39.4 145,239 37.9 117,163 1.56 28,076 Larsen & Toubro Ltd 1,808,121 21.1 381,875 17.9 226,550 3.22 155,326 Bharat Forge Ltd 244,574 23.5 57,402 21.9 45,669 1.55 11,733 Mahindra & Mahindra Ltd 895,845 37.9 339,615 34.7 262,392 3.19 77,223 Ultratech Cement Ltd 1,526,356 16.9 257,954 15.4 179,879 1.51 78,075 Indusind Bank Ltd 677,572 54.9 372,258 51.8 206,660 3.13 165,598 Aarti Industries Limited 215,145 9.0 19,385 7.5 13,316 1.48 6,069 Bandhan Bank Ltd 647,776 35.2 228,082 32.2 141,735 2.97 86,347 Petronet Lng Ltd 371,401 29.5 109,563 28.1 92,938 1.42 16,625 Punjab National Bank 346,288 3.8 13,228 0.9 2,418 2.92 10,810 Hdfc Life Insurance Co Ltd 1,366,839 24.9 339,659 23.4 264,782 1.41 74,877 Kotak Mahindra Bank Ltd 3,951,725 45.1 1,782,228 42.2 1,059,987 2.87 722,241 Info Edge India Ltd 611,791 40.5 248,020 39.2 183,067 1.37 64,953 Hero Motocorp Ltd 621,278 35.9 222,977 33.3 209,285 2.60 13,692 Nestle India Ltd 1,773,110 12.9 227,845 11.5 176,657 1.34 51,188 Bajaj Finance Ltd 3,190,821 23.9 762,287 21.3 420,983 2.58 341,304 Icici Lombard General Insura 691,258 28.4 196,456 27.1 160,056 1.32 36,399 Interglobe Aviation Ltd 663,236 17.3 115,005 14.8 71,088 2.55 43,917 Coforge Limited 163,899 14.5 23,683 13.2 18,495 1.30 5,188 L&T Finance Holdings Ltd 188,054 9.4 17,621 7.1 8,802 2.30 8,818 Ambuja Cements Ltd 494,128 18.1 89,338 16.8 72,389 1.28 16,949 Amara Raja Batteries Ltd 157,823 20.9 33,017 18.6 24,330 2.28 8,686 Asian Paints Ltd 2,651,703 21.1 560,305 19.9 378,212 1.28 182,093 Srf Ltd 330,227 19.4 64,031 17.1 40,619 2.28 23,412 Mindtree Ltd 273,493 13.3 36,320 12.0 26,494 1.26 9,826 Au Small Finance Bank Ltd 261,503 32.8 85,721 30.6 61,351 2.19 24,370 Sbi Life Insurance Co Ltd 904,304 27.0 244,162 25.8 208,958 1.25 35,204 Escorts Ltd 169,946 23.8 40,430 21.6 38,399 2.19 2,031 Maruti Suzuki India Ltd 2,310,792 23.1 533,562 21.9 445,505 1.22 88,056 Canara Bank 212,347 4.5 9,513 2.3 2,957 2.19 6,556 Shriram Transport Finance 264,829 61.7 163,505 60.5 94,871 1.21 68,634 Havells India Ltd 573,522 24.4 139,710 22.2 94,289 2.14 45,421 Coromandel International Ltd 238,877 7.0 16,817 5.9 13,278 1.18 3,539 Voltas Ltd 273,195 14.6 39,750 12.5 28,027 2.10 11,723 Muthoot Finance Ltd 485,640 15.1 73,380 13.9 63,251 1.18 10,129 Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 28 FII Holdings (Nifty200) (DEC 2020) Dec'20 Holding Holding QoQ QoQ Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) (%) (Rs mn) (Rs mn) (%) (Rs mn) Infosys Ltd 5,349,191 39.0 2,086,184 37.9 1,626,341 1.13 459,844 Ramco Cements Ltd/The 187,843 8.0 15,103 7.6 13,402 0.49 1,701 Tech Mahindra Ltd 941,497 39.1 367,749 38.0 290,451 1.10 77,298 Adani Transmission Ltd 481,167 19.9 95,848 19.5 51,751 0.46 44,098 Bajaj Finserv Ltd 1,417,334 8.8 124,584 7.7 71,805 1.08 52,778 Castrol India Ltd 121,712 12.0 14,605 11.5 12,477 0.46 2,129 Biocon Ltd 558,480 17.7 98,628 16.7 89,665 0.97 8,962 Dabur India Ltd 943,803 18.5 174,887 18.1 163,145 0.45 11,741 Ntpc Ltd 983,025 12.3 121,109 11.4 95,823 0.94 25,286 Rec Ltd 264,442 26.4 69,760 25.9 50,749 0.45 19,011 Steel Authority Of India 306,040 4.2 12,762 3.2 4,503 0.94 8,259 Hindustan Petroleum Corp 331,224 15.9 52,764 15.5 42,641 0.44 10,123 Colgate Palmolive (India) 425,726 16.6 70,628 15.7 61,096 0.92 9,532 Grasim Industries Ltd 610,480 13.2 80,705 12.8 62,673 0.42 18,033 L&T Technology Services Ltd 245,656 8.9 21,814 8.0 13,498 0.90 8,316 Godrej Properties Ltd 361,019 20.2 72,962 19.8 42,990 0.39 29,972 Cadila Healthcare Ltd 488,070 5.2 25,575 4.4 17,714 0.86 7,861 Hindustan Unilever Ltd 5,628,128 14.9 839,717 14.5 706,567 0.38 133,150 Bata India Ltd 203,029 5.6 11,268 4.7 7,964 0.85 3,304 Bank Of Baroda 283,934 4.3 12,294 4.0 7,492 0.38 4,802 Polycab India Ltd 154,567 7.0 10,789 6.1 7,487 0.85 3,302 Bombay Burmah Trading Corp 90,568 7.3 6,575 6.9 6,278 0.36 297 Shree Cement Ltd 866,415 12.2 105,529 11.4 83,175 0.80 22,355 Adani Green Energy Ltd 1,646,282 22.8 375,188 22.4 258,756 0.36 116,431 Cummins India Ltd 159,266 9.0 14,286 8.2 10,095 0.79 4,191 Itc Ltd 2,571,770 13.3 342,303 13.0 273,832 0.35 68,471 Apollo Tyres Ltd 113,048 20.8 23,525 20.0 14,993 0.78 8,532 Gujarat State Petronet Ltd 125,030 15.9 19,930 15.6 18,344 0.35 1,586 Power Grid Corp Of India Ltd 993,218 26.7 265,586 26.0 220,797 0.76 44,790 Idfc First Bank Ltd 210,163 11.6 24,316 11.2 19,078 0.34 5,238 Eicher Motors Ltd 691,563 28.9 199,862 28.2 169,384 0.74 30,478 Hdfc Asset Management Co Ltd 621,367 9.1 56,607 8.8 42,470 0.32 14,136 Edelweiss Financial Services 64,094 32.6 20,882 31.8 17,530 0.74 3,352 Nippon Life India Asset Mana 182,220 5.4 9,858 5.1 8,202 0.30 1,656 Adani Ports And Special Econ 982,860 17.8 174,458 17.1 118,387 0.70 56,071 Oberoi Realty Ltd 212,126 25.6 54,347 25.4 36,421 0.21 17,926 Glenmark Pharmaceuticals Ltd 139,250 26.5 36,887 25.8 35,123 0.70 1,764 Bharti Airtel Ltd 2,780,698 17.8 493,852 17.6 403,498 0.19 90,354 Emami Ltd 188,363 9.6 18,121 9.0 13,992 0.66 4,129 Aditya Birla Fashion And Ret 128,654 6.3 8,092 6.1 6,327 0.19 1,765 Bharat Electronics Ltd 292,270 10.3 29,958 9.6 22,397 0.65 7,560 Ajanta Pharma Ltd 142,525 7.9 11,274 7.7 10,870 0.19 404 Exide Industries Ltd 162,563 10.4 16,890 9.8 13,680 0.63 3,210 Jsw Energy Ltd 111,381 6.0 6,694 5.8 5,402 0.18 1,292 Gmr Infrastructure Ltd 159,953 21.7 34,662 21.1 29,287 0.62 5,375 Alkem Laboratories Ltd 349,872 4.1 14,310 3.9 13,053 0.16 1,256 Icici Securities Ltd 149,088 4.6 6,858 4.0 5,941 0.62 917 Siemens Ltd 561,086 4.2 23,734 4.1 18,328 0.16 5,406 Mphasis Ltd 287,558 22.8 65,419 22.2 57,178 0.60 8,241 Adani Total Gas Ltd 413,089 20.3 83,733 20.1 41,867 0.15 41,866 Power Finance Corporation 301,762 17.4 52,446 16.8 38,256 0.57 14,191 Berger Paints India Ltd 737,593 11.5 85,044 11.4 64,513 0.15 20,531 Gail India Ltd 555,875 15.6 86,883 15.1 59,074 0.54 27,809 United Spirits Ltd 420,179 19.0 79,750 18.8 70,582 0.15 9,168 Titan Co Ltd 1,391,295 18.6 258,642 18.1 192,511 0.54 66,131 Page Industries Ltd 307,962 25.4 78,068 25.2 59,995 0.14 18,074 Aditya Birla Capital Ltd 205,272 2.7 5,440 2.1 3,198 0.52 2,241 Bharat Heavy Electricals 125,007 4.3 5,425 4.3 4,329 0.09 1,097 Manappuram Finance Ltd 140,043 39.5 55,359 39.0 51,826 0.51 3,533 Motherson Sumi Systems Ltd 521,677 16.1 83,938 16.0 58,025 0.09 25,913 Icici Prudential Life Insura 716,301 16.3 116,685 15.8 95,369 0.51 21,317 Housing & Urban Dev Corp Ltd 79,476 0.1 87 0.0 19 0.08 68 Tvs Motor Co Ltd 230,418 11.2 25,715 10.7 23,695 0.51 2,020 Wipro Ltd 2,207,550 8.7 191,615 8.6 154,272 0.07 37,343 Marico Ltd 519,932 24.2 125,668 23.7 110,944 0.50 14,723 Hindustan Zinc Ltd 1,010,063 1.1 11,313 1.1 9,315 0.07 1,998 V-Guard Industries Ltd 79,971 13.0 10,412 12.5 9,144 0.50 1,268 National Aluminium Co Ltd 80,409 7.2 5,814 7.2 4,314 0.06 1,500 Pidilite Industries Ltd 897,205 11.4 102,192 10.9 79,438 0.49 22,754 Bank Of India 159,587 0.3 543 0.3 440 0.01 103

Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 29 FII Holdings (Nifty200) (DEC 2020) Dec'20 Holding Holding QoQ QoQ Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) (%) (Rs mn) (Rs mn) (%) (Rs mn) Nmdc Ltd 350,429 4.5 15,664 4.5 11,232 0.01 4,432 Piramal Enterprises Ltd 322,216 28.6 92,154 29.0 81,902 (0.37) 10,252 Union Bank Of India 202,136 0.7 1,334 0.7 1,045 (0.01) 289 Bharat Petroleum Corp Ltd 826,703 11.6 95,650 12.0 91,824 (0.42) 3,825 City Union Bank Ltd 132,987 18.7 24,802 18.7 19,238 (0.02) 5,564 Godrej Industries Ltd 142,081 8.6 12,219 9.1 12,559 (0.47) (340) Jsw Steel Ltd 935,948 13.3 124,668 13.3 89,562 (0.02) 35,106 Zee Entertainment Enterprise 214,673 65.8 141,169 66.2 132,911 (0.48) 8,258 General Ins Corp Of India 244,038 0.2 488 0.2 467 (0.02) 21 Bajaj Auto Ltd 996,595 13.1 130,255 13.6 113,133 (0.50) 17,122 Oil & Natural Gas Corp Ltd 1,170,595 7.7 89,785 7.7 67,081 (0.03) 22,703 Bajaj Holdings And Investmen 342,401 14.5 49,751 15.1 40,487 (0.54) 9,264 Adani Enterprises Ltd 527,414 20.3 106,907 20.3 66,364 (0.04) 40,543 United Breweries Ltd 313,678 10.0 31,493 10.7 27,030 (0.65) 4,463 Reliance Industries Ltd 13,057,727 25.2 3,289,241 25.2 3,716,886 (0.04) (427,645) Coal India Ltd 834,742 6.5 54,258 7.2 51,471 (0.70) 2,787 Abbott India Ltd 335,083 1.1 3,719 1.2 4,029 (0.04) (309) Dalmia Bharat Ltd 201,689 13.5 27,289 14.2 20,771 (0.70) 6,517 Pfizer Limited 233,625 1.9 4,392 1.9 4,326 (0.05) 66 Jindal Steel & Power Ltd 271,784 11.5 31,337 12.3 23,347 (0.72) 7,989 Dlf Ltd 576,377 18.3 105,362 18.3 69,299 (0.06) 36,063 Sanofi India Ltd 191,775 11.5 22,131 12.4 24,736 (0.89) (2,605) Tata Motors Ltd 606,148 17.6 106,864 17.7 78,490 (0.06) 28,374 Endurance Technologies Ltd 189,663 10.6 20,123 11.6 18,802 (0.99) 1,321 Alembic Pharmaceuticals Ltd 203,198 7.0 14,163 7.0 12,962 (0.06) 1,200 Natco Pharma Ltd 175,255 18.2 31,861 19.3 33,431 (1.15) (1,569) Gujarat Gas Ltd 259,111 9.0 23,346 9.1 19,256 (0.06) 4,090 Cesc Ltd 81,430 14.9 12,133 16.1 13,120 (1.22) (987) Sbi Cards & Payment Services 800,435 5.9 46,825 5.9 47,274 (0.09) (449) Container Corp Of India Ltd 243,292 23.3 56,614 24.6 54,590 (1.28) 2,024 Vodafone Idea Ltd 306,032 6.1 18,607 6.2 17,014 (0.12) 1,593 Lupin Ltd 443,015 19.0 84,040 20.4 92,899 (1.38) (8,859) Tata Consultancy Svcs Ltd 10,742,140 15.9 1,705,852 16.0 1,496,331 (0.12) 209,521 Oracle Financial Services 276,404 11.0 30,515 12.4 32,838 (1.39) (2,323) Whirlpool Of India Ltd 333,547 3.4 11,207 3.5 9,727 (0.13) 1,480 Sun Tv Network Ltd 189,457 9.5 17,904 10.9 20,002 (1.45) (2,098) Ltd 144,840 17.0 24,652 17.2 22,651 (0.14) 2,001 Future Retail Ltd 42,678 2.9 1,242 4.4 2,150 (1.49) (908) Avenue Supermarts Ltd 1,790,191 10.1 180,630 10.3 146,568 (0.18) 34,062 Upl Ltd 356,313 38.5 137,323 40.5 155,594 (1.96) (18,271) Mahindra & Mahindra Fin Secs 216,095 21.2 45,877 21.4 32,563 (0.18) 13,314 Bosch Ltd 377,088 4.7 17,535 6.7 27,010 (2.02) (9,476) Sun Pharmaceutical Indus 1,421,212 12.2 173,246 12.4 148,649 (0.19) 24,597 Federal Bank Ltd 133,056 21.7 28,860 24.7 23,874 (2.96) 4,986 Torrent Pharmaceuticals Ltd 474,279 12.0 56,771 12.2 57,663 (0.20) (892) Fortis Healthcare Ltd 117,170 36.8 43,154 41.1 41,931 (4.22) 1,223 Prestige Estates Projects 106,670 29.5 31,425 29.7 29,954 (0.21) 1,471 Lic Housing Finance Ltd 182,310 29.3 53,362 34.4 47,936 (5.17) 5,426 Indian Oil Corp Ltd 856,218 5.8 50,003 6.1 42,299 (0.24) 7,704 Dr. Reddy'S Laboratories 865,550 29.1 252,221 34.4 297,027 (5.30) (44,806) Varun Beverages Ltd 264,454 20.5 54,107 20.8 41,830 (0.29) 12,277 Godrej Agrovet Ltd 102,778 3.2 3,238 15.4 15,030 (12.21) (11,792) Syngene International Ltd 255,840 14.3 36,560 14.6 32,270 (0.30) 4,289 Max Financial Services Ltd 232,915 19.7 45,884 32.4 53,471 (12.70) (7,587) Oil India Ltd 116,466 6.8 7,861 7.1 6,837 (0.31) 1,025 Indus Towers Ltd 619,566 26.6 165,052 40.9 132,613 (14.26) 32,439 Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 30 Insurance Companies Holdings (Nifty200) (DEC 2020) Dec'20 Holding Holding QoQ QoQ Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) (%) (Rs mn) (Rs mn) (%) (Rs mn) Idfc First Bank Ltd 210,163 8.4 17,591 0.6 1,019 7.77 16,571 L&T Finance Holdings Ltd 188,054 5.0 9,327 4.5 5,615 0.45 3,712 Exide Industries Ltd 162,563 13.6 22,044 8.2 11,522 5.34 10,522 Oil & Natural Gas Corp Ltd 1,170,595 11.8 137,779 11.3 98,705 0.44 39,074 Punjab National Bank 346,288 8.3 28,707 4.6 12,413 3.67 16,295 Ajanta Pharma Ltd 142,525 0.9 1,340 0.6 774 0.39 565 Rbl Bank Ltd 138,112 6.7 9,226 3.5 3,043 3.16 6,183 United Breweries Ltd 313,678 1.5 4,580 1.1 2,706 0.39 1,874 Sanofi India Ltd 191,775 5.8 11,161 3.0 5,990 2.81 5,171 Voltas Ltd 273,195 10.6 29,068 10.3 23,120 0.37 5,948 Lic Housing Finance Ltd 182,310 7.4 13,400 5.1 7,029 2.30 6,371 Bosch Ltd 377,088 12.6 47,513 12.3 49,606 0.35 (2,093) Canara Bank 212,347 8.6 18,219 6.5 8,446 2.04 9,773 Cesc Ltd 81,430 3.6 2,923 3.3 2,645 0.34 278 Tvs Motor Co Ltd 230,418 7.7 17,627 6.2 13,705 1.49 3,922 Siemens Ltd 561,086 8.9 49,993 8.6 38,592 0.34 11,401 Pfizer Limited 233,625 3.8 8,924 2.5 5,559 1.34 3,366 Emami Ltd 188,363 2.9 5,387 2.5 3,951 0.33 1,436 Coforge Limited 163,899 1.5 2,393 0.1 197 1.32 2,196 Bharti Airtel Ltd 2,780,698 5.8 161,280 5.5 125,849 0.32 35,431 Nippon Life India Asset Mana 182,220 1.7 3,134 0.4 690 1.29 2,444 Whirlpool Of India Ltd 333,547 2.1 7,004 1.8 5,017 0.30 1,988 Container Corp Of India Ltd 243,292 8.2 19,828 6.9 15,321 1.26 4,508 Sbi Cards & Payment Services 800,435 0.7 5,603 0.4 3,343 0.28 2,260 Alembic Pharmaceuticals Ltd 203,198 4.3 8,636 3.1 5,624 1.20 3,012 Eicher Motors Ltd 691,563 2.8 19,295 2.5 15,218 0.26 4,077 Bata India Ltd 203,029 11.8 23,978 10.6 18,029 1.17 5,949 Titan Co Ltd 1,391,295 5.9 82,504 5.7 60,473 0.26 22,031 Indian Railway Catering & To 230,048 1.8 4,072 0.6 1,417 1.13 2,655 Tata Chemicals Ltd 121,621 12.6 15,263 12.3 9,400 0.23 5,863 Federal Bank Ltd 133,056 14.0 18,668 12.9 12,523 1.10 6,145 Trent Ltd 244,434 3.6 8,702 3.3 7,978 0.22 724 Shriram Transport Finance 264,829 3.4 9,084 2.5 3,856 0.97 5,228 Sun Pharmaceutical Indus 1,421,212 9.0 127,767 8.8 105,423 0.21 22,344 United Spirits Ltd 420,179 2.0 8,404 1.1 3,936 0.95 4,468 Hindustan Unilever Ltd 5,628,128 4.0 222,874 3.8 182,230 0.21 40,644 Mahanagar Gas Ltd 104,823 12.9 13,543 12.0 9,814 0.95 3,729 Jindal Steel & Power Ltd 271,784 3.0 8,045 2.8 5,279 0.19 2,765 Alkem Laboratories Ltd 349,872 5.7 20,013 4.8 15,976 0.91 4,036 Ntpc Ltd 983,025 13.3 130,644 13.1 110,306 0.19 20,338 Ashok Leyland Ltd 280,197 3.5 9,807 2.7 5,788 0.85 4,019 Page Industries Ltd 307,962 2.7 8,161 2.5 5,878 0.18 2,283 Gail India Ltd 555,875 10.0 55,476 9.2 35,977 0.79 19,499 Britannia Industries Ltd 861,430 4.8 41,176 4.6 42,241 0.16 (1,065) Upl Ltd 356,313 11.9 42,259 11.1 42,759 0.73 (501) Coal India Ltd 834,742 12.1 101,338 12.0 85,714 0.15 15,624 Zee Entertainment Enterprise 214,673 8.0 17,131 7.3 14,587 0.71 2,544 Hdfc Life Insurance Co Ltd 1,366,839 1.2 16,539 1.1 12,087 0.14 4,452 Au Small Finance Bank Ltd 261,503 4.2 11,035 3.5 7,060 0.70 3,976 Nmdc Ltd 350,429 15.0 52,669 14.9 37,499 0.14 15,171 Motherson Sumi Systems Ltd 521,677 2.9 14,920 2.2 7,870 0.69 7,050 Manappuram Finance Ltd 140,043 0.5 630 0.3 438 0.12 192 Indusind Bank Ltd 677,572 6.7 45,194 6.0 24,052 0.64 21,142 Abbott India Ltd 335,083 0.3 1,106 0.2 771 0.11 335 Colgate Palmolive (India) 425,726 7.0 29,886 6.4 24,953 0.62 4,933 Icici Prudential Life Insura 716,301 0.8 5,659 0.7 4,170 0.10 1,489 Biocon Ltd 558,480 2.3 12,733 1.7 8,918 0.62 3,815 Castrol India Ltd 121,712 13.4 16,346 13.4 14,434 0.08 1,912 Lupin Ltd 443,015 7.5 33,403 7.0 31,727 0.59 1,676 Aurobindo Pharma Ltd 539,826 0.2 972 0.1 560 0.06 412 Aarti Industries Limited 215,145 2.8 6,067 2.3 3,979 0.57 2,088 Indian Hotels Co Ltd 142,830 7.6 10,855 7.6 8,530 0.05 2,325 Bank Of Baroda 283,934 4.6 12,976 4.0 7,625 0.55 5,351 Rec Ltd 264,442 3.0 8,013 3.0 5,832 0.05 2,180 Endurance Technologies Ltd 189,663 3.3 6,278 2.8 4,506 0.53 1,772 Marico Ltd 519,932 2.9 14,818 2.8 13,171 0.04 1,647 Indian Oil Corp Ltd 856,218 8.1 69,011 7.6 52,665 0.49 16,346 Power Finance Corporation 301,762 6.1 18,438 6.1 13,814 0.04 4,624 Aditya Birla Fashion And Ret 128,654 3.9 4,953 3.4 3,485 0.49 1,468 Vodafone Idea Ltd 306,032 0.4 1,316 0.4 1,070 0.04 246 Adani Total Gas Ltd 413,089 0.8 3,098 0.3 583 0.47 2,516 Piramal Enterprises Ltd 322,216 8.7 28,129 8.7 24,596 0.03 3,533 Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 31 Insurance Companies Holdings (Nifty200) (DEC 2020) Dec'20 Holding Holding QoQ QoQ Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) (%) (Rs mn) (Rs mn) (%) (Rs mn) Berger Paints India Ltd 737,593 2.6 19,104 2.6 14,513 0.03 4,591 Bharat Forge Ltd 244,574 1.2 3,008 1.5 3,125 (0.27) (117) V-Guard Industries Ltd 79,971 2.2 1,719 2.1 1,548 0.03 171 Shree Cement Ltd 866,415 2.4 20,967 2.7 19,661 (0.27) 1,306 Oberoi Realty Ltd 212,126 0.2 403 0.2 229 0.03 174 Dr Lal Pathlabs Ltd 192,131 1.0 1,883 1.3 2,021 (0.31) (138) Hindustan Zinc Ltd 1,010,063 2.2 21,817 2.1 18,895 0.03 2,922 Hdfc Bank Limited 7,910,648 3.8 298,231 4.1 242,769 (0.32) 55,462 Bajaj Holdings And Investmen 342,401 0.3 924 0.3 752 (0.01) 172 Pi Industries Ltd 333,019 2.8 9,424 3.2 9,452 (0.33) (27) Godrej Industries Ltd 142,081 3.9 5,499 3.9 5,372 (0.01) 126 Larsen & Toubro Infotech Ltd 639,109 0.3 1,726 0.7 3,197 (0.45) (1,471) Avenue Supermarts Ltd 1,790,191 0.4 7,519 0.4 6,279 (0.02) 1,239 Hindustan Petroleum Corp 331,224 4.9 16,064 5.4 14,755 (0.51) 1,309 Procter & Gamble Hygiene 359,416 3.8 13,802 3.9 12,463 (0.02) 1,338 Icici Bank Ltd 3,693,771 13.4 494,965 13.9 340,772 (0.53) 154,194 Aditya Birla Capital Ltd 205,272 2.5 5,193 2.6 3,844 (0.03) 1,349 Kotak Mahindra Bank Ltd 3,951,725 5.1 201,538 5.7 141,817 (0.55) 59,721 Bajaj Finserv Ltd 1,417,334 1.6 23,103 1.7 15,460 (0.03) 7,642 Asian Paints Ltd 2,651,703 3.2 83,794 3.8 72,022 (0.62) 11,772 Srf Ltd 330,227 0.2 594 0.2 499 (0.03) 96 Larsen & Toubro Ltd 1,808,121 18.1 327,451 18.8 237,308 (0.64) 90,143 Tata Consultancy Svcs Ltd 10,742,140 4.9 527,439 5.0 463,863 (0.05) 63,576 Housing Development Finance 4,606,063 8.1 372,630 8.8 274,086 (0.69) 98,544 Tech Mahindra Ltd 941,497 4.9 45,945 4.9 37,722 (0.05) 8,223 Jubilant Foodworks Ltd 368,346 2.7 9,982 3.4 10,581 (0.71) (599) Escorts Ltd 169,946 0.2 272 0.2 409 (0.07) (137) Adani Ports And Special Econ 982,860 11.7 114,995 12.4 86,308 (0.73) 28,687 Gujarat Gas Ltd 259,111 0.1 259 0.2 361 (0.07) (102) Cipla Ltd 661,253 2.0 13,225 2.8 17,303 (0.77) (4,078) Itc Ltd 2,571,770 21.6 554,988 21.7 457,443 (0.07) 97,545 Infosys Ltd 5,349,191 11.8 630,670 12.6 542,400 (0.84) 88,270 Coromandel International Ltd 238,877 0.2 454 0.3 612 (0.08) (158) Yes Bank Ltd 447,231 5.7 25,447 6.5 21,548 (0.85) 3,900 Reliance Industries Ltd 13,057,727 5.8 762,571 5.9 872,135 (0.08) (109,564) Cadila Healthcare Ltd 488,070 3.7 18,010 4.6 18,563 (0.90) (554) Tata Motors Ltd 606,148 7.3 44,431 7.4 32,878 (0.08) 11,553 Tata Steel Ltd 740,752 15.7 116,520 16.7 68,205 (0.93) 48,315 Union Bank Of India 202,136 3.5 7,135 3.6 5,632 (0.08) 1,504 Indus Towers Ltd 619,566 2.1 12,701 3.0 9,662 (0.93) 3,039 Wipro Ltd 2,207,550 3.9 85,874 4.0 71,492 (0.10) 14,382 Bharat Electronics Ltd 292,270 4.3 12,568 5.3 12,342 (0.99) 226 Steel Authority Of India 306,040 11.1 33,940 11.2 15,613 (0.11) 18,326 Ipca Laboratories Ltd 277,602 3.2 8,994 4.3 11,661 (1.02) (2,667) Ultratech Cement Ltd 1,526,356 4.7 71,433 4.8 55,986 (0.11) 15,448 Hero Motocorp Ltd 621,278 8.3 51,255 9.3 58,404 (1.04) (7,148) Info Edge India Ltd 611,791 0.6 3,854 0.8 3,505 (0.12) 349 Hcl Technologies Ltd 2,567,535 3.3 84,215 4.3 95,144 (1.04) (10,929) Bank Of India 159,587 4.5 7,245 4.7 6,207 (0.12) 1,038 Dabur India Ltd 943,803 1.2 11,231 2.3 20,303 (1.06) (9,072) Mindtree Ltd 273,493 2.7 7,275 2.8 6,128 (0.12) 1,147 Havells India Ltd 573,522 6.2 35,272 7.2 30,595 (1.06) 4,676 Bajaj Finance Ltd 3,190,821 0.8 25,527 0.9 18,570 (0.14) 6,957 Tata Power Co Ltd 241,728 11.5 27,750 12.6 21,442 (1.11) 6,308 Ambuja Cements Ltd 494,128 1.9 9,290 2.0 8,747 (0.15) 543 Bajaj Auto Ltd 996,595 6.0 60,095 7.2 59,943 (1.16) 152 Indraprastha Gas Ltd 351,646 9.8 34,496 10.0 27,022 (0.17) 7,475 Hindalco Industries Ltd 540,416 10.0 53,825 11.7 46,098 (1.75) 7,728 Prestige Estates Projects 106,670 0.4 373 0.5 545 (0.19) (172) Dr. Reddy'S Laboratories 865,550 1.0 8,656 2.8 23,804 (1.76) (15,148) Nestle India Ltd 1,773,110 3.7 66,314 4.0 60,625 (0.21) 5,689 Grasim Industries Ltd 610,480 11.7 71,426 13.5 65,953 (1.77) 5,473 State Bank Of India 2,453,822 11.1 272,129 11.3 187,469 (0.24) 84,660 Mphasis Ltd 287,558 3.8 10,870 5.8 15,024 (2.04) (4,154) Cummins India Ltd 159,266 9.0 14,254 9.2 11,354 (0.25) 2,901 Tata Consumer Products Ltd 543,624 3.0 16,363 5.1 23,298 (2.05) (6,935) Pidilite Industries Ltd 897,205 3.7 32,748 3.9 28,423 (0.25) 4,325 Mahindra & Mahindra Ltd 895,845 10.8 96,303 13.0 97,868 (2.20) (1,565) Muthoot Finance Ltd 485,640 0.4 1,797 0.6 2,861 (0.26) (1,064) Apollo Hospitals Enterprise 335,682 3.4 11,245 6.0 17,931 (2.65) (6,686) Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 32 DII Holdings (Nifty200) (DEC 2020)

Dec'20 Holding Holding QoQ QoQ Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) (%) (Rs mn) (Rs mn) (%) (Rs mn) Oil India Ltd 116,466 19.6 22,827 6.2 5,985 13.42 16,843 Avenue Supermarts Ltd 1,790,191 6.5 116,183 5.8 83,203 0.66 32,981 Idfc First Bank Ltd 210,163 11.2 23,622 3.3 5,589 7.95 18,033 Motherson Sumi Systems Ltd 521,677 13.9 72,617 13.3 48,379 0.58 24,239 Lic Housing Finance Ltd 182,310 17.6 32,159 10.2 14,183 7.45 17,976 United Spirits Ltd 420,179 7.8 32,690 7.2 27,026 0.57 5,664 Federal Bank Ltd 133,056 44.0 58,491 38.0 36,775 5.99 21,716 Vodafone Idea Ltd 306,032 1.4 4,284 0.9 2,497 0.49 1,787 Indian Railway Catering & To 230,048 7.1 16,310 1.6 3,565 5.48 12,745 Adani Total Gas Ltd 413,089 0.8 3,222 0.3 624 0.48 2,598 City Union Bank Ltd 132,987 31.7 42,210 26.8 27,605 4.95 14,605 Sun Pharmaceutical Indus 1,421,212 20.7 293,765 20.2 242,785 0.45 50,979 Coforge Limited 163,899 11.5 18,783 6.9 9,663 4.59 9,120 Jsw Steel Ltd 935,948 6.3 58,871 5.9 39,276 0.44 19,595 Punjab National Bank 346,288 10.0 34,560 6.1 16,309 3.91 18,251 Whirlpool Of India Ltd 333,547 10.3 34,489 9.9 27,592 0.44 6,897 Exide Industries Ltd 162,563 26.3 42,754 22.8 32,014 3.46 10,740 Bajaj Holdings And Investmen 342,401 1.8 6,163 1.4 3,707 0.42 2,456 Rbl Bank Ltd 138,112 20.1 27,719 16.8 14,487 3.31 13,233 Manappuram Finance Ltd 140,043 8.4 11,722 8.0 10,559 0.42 1,162 Crompton Greaves Consumer El 238,753 28.0 66,851 25.1 46,048 2.89 20,802 Piramal Enterprises Ltd 322,216 10.0 32,189 9.6 27,197 0.37 4,992 Canara Bank 212,347 11.4 24,123 8.8 11,403 2.53 12,719 Amara Raja Batteries Ltd 157,823 14.4 22,758 14.1 18,443 0.29 4,315 Mahindra & Mahindra Fin Secs 216,095 13.9 30,102 11.5 17,445 2.46 12,657 Godrej Agrovet Ltd 102,778 2.2 2,302 2.0 1,908 0.29 394 Fortis Healthcare Ltd 117,170 11.9 13,990 9.8 10,051 2.10 3,939 Dalmia Bharat Ltd 201,689 2.8 5,546 2.5 3,620 0.27 1,926 Polycab India Ltd 154,567 4.0 6,214 2.1 2,553 1.93 3,661 L&T Finance Holdings Ltd 188,054 5.2 9,760 4.9 6,125 0.27 3,635 Indiabulls Housing Finance L 101,856 12.1 12,325 10.3 7,455 1.84 4,870 Coal India Ltd 834,742 22.2 184,895 21.9 156,630 0.24 28,266 Au Small Finance Bank Ltd 261,503 14.6 38,284 13.1 26,173 1.59 12,111 Upl Ltd 356,313 17.3 61,607 17.1 65,503 0.24 (3,897) Bosch Ltd 377,088 15.6 58,713 14.0 56,855 1.53 1,858 Ajanta Pharma Ltd 142,525 10.9 15,507 10.6 14,982 0.24 525 Jindal Steel & Power Ltd 271,784 14.8 40,115 13.2 25,215 1.53 14,900 Oil & Natural Gas Corp Ltd 1,170,595 17.7 207,429 17.5 152,806 0.18 54,624 Sanofi India Ltd 191,775 17.4 33,388 16.1 32,099 1.28 1,289 Indian Oil Corp Ltd 856,218 13.5 115,932 13.4 93,016 0.17 22,916 Lupin Ltd 443,015 21.0 92,900 19.8 90,206 1.21 2,694 Cesc Ltd 81,430 25.1 20,431 24.9 20,291 0.16 140 Shriram Transport Finance 264,829 5.1 13,506 4.0 6,301 1.08 7,206 Godrej Properties Ltd 361,019 4.4 15,885 4.3 9,240 0.14 6,645 Oracle Financial Services 276,404 8.0 22,168 7.0 18,493 1.02 3,675 Godrej Industries Ltd 142,081 4.8 6,848 4.7 6,494 0.13 354 Zee Entertainment Enterprise 214,673 12.0 25,696 11.1 22,192 0.91 3,504 Siemens Ltd 561,086 10.6 59,307 10.5 47,058 0.12 12,249 Container Corp Of India Ltd 243,292 16.5 40,095 15.6 34,644 0.90 5,451 Alkem Laboratories Ltd 349,872 12.6 44,154 12.5 41,518 0.12 2,636 Nippon Life India Asset Mana 182,220 4.4 8,018 3.6 5,698 0.85 2,319 Ashok Leyland Ltd 280,197 17.5 49,034 17.4 37,959 0.12 11,076 Bharat Forge Ltd 244,574 12.1 29,642 11.3 23,522 0.83 6,120 Rec Ltd 264,442 12.7 33,505 12.6 24,601 0.10 8,903 Page Industries Ltd 307,962 15.0 46,133 14.2 33,745 0.80 12,387 Adani Enterprises Ltd 527,414 1.1 5,854 1.0 3,366 0.08 2,489 Endurance Technologies Ltd 189,663 12.7 23,992 11.9 19,304 0.74 4,688 Icici Prudential Life Insura 716,301 4.7 33,451 4.6 27,740 0.08 5,711 United Breweries Ltd 313,678 9.6 30,113 8.9 22,453 0.72 7,660 Adani Green Energy Ltd 1,646,282 0.3 5,268 0.3 3,115 0.05 2,153 L&T Technology Services Ltd 245,656 6.0 14,739 5.3 8,948 0.71 5,791 Dlf Ltd 576,377 1.7 9,741 1.7 6,272 0.03 3,468 Alembic Pharmaceuticals Ltd 203,198 10.1 20,421 9.4 17,259 0.69 3,163 Aditya Birla Fashion And Ret 128,654 21.6 27,841 21.6 22,415 0.03 5,426 Sbi Cards & Payment Services 800,435 3.6 28,656 2.9 23,080 0.68 5,576 Gujarat Gas Ltd 259,111 7.3 18,993 7.3 15,519 0.02 3,474

Source: BSE, ACE Equity,Bloomberg Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 34 DII Holdings (Nifty200) (DEC 2020)

Dec'20 Holding Holding QoQ QoQ Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) (%) (Rs mn) (Rs mn) (%) (Rs mn) Godrej Consumer Products Ltd 756,794 3.1 23,385 3.1 22,756 0.02 629 National Aluminium Co Ltd 80,409 9.5 7,615 9.8 5,866 (0.28) 1,748 Gujarat State Petronet Ltd 125,030 19.6 24,443 19.5 22,980 0.02 1,463 Hdfc Asset Management Co Ltd 621,367 1.3 7,953 1.6 7,537 (0.28) 416 Procter & Gamble Hygiene 359,416 13.4 48,126 13.4 43,266 (0.01) 4,860 Icici Lombard General Insura 691,258 10.2 70,785 10.5 62,251 (0.30) 8,534 Dhani Services Ltd 184,380 0.7 1,309 0.7 948 (0.01) 361 Bharat Electronics Ltd 292,270 30.9 90,282 31.2 72,768 (0.30) 17,515 Hindustan Zinc Ltd 1,010,063 2.4 24,545 2.4 21,645 (0.01) 2,899 Torrent Pharmaceuticals Ltd 474,279 7.0 32,962 7.3 34,446 (0.32) (1,484) Nmdc Ltd 350,429 20.4 71,558 20.4 51,476 (0.02) 20,082 Natco Pharma Ltd 175,255 9.1 15,983 9.5 16,343 (0.33) (360) Bombay Burmah Trading Corp 90,568 1.2 1,042 1.2 1,065 (0.02) (23) Reliance Industries Ltd 13,057,727 10.7 1,397,177 11.1 1,627,887 (0.35) (230,710) Berger Paints India Ltd 737,593 3.5 25,890 3.5 20,012 (0.02) 5,878 Future Retail Ltd 42,678 0.5 205 0.8 410 (0.36) (206) General Ins Corp Of India 244,038 11.8 28,699 11.8 25,007 (0.03) 3,691 Hcl Technologies Ltd 2,567,535 10.0 257,781 10.4 229,711 (0.39) 28,069 Adani Transmission Ltd 481,167 2.6 12,318 2.6 6,914 (0.04) 5,404 Tvs Motor Co Ltd 230,418 19.8 45,600 20.2 44,942 (0.41) 658 Gmr Infrastructure Ltd 159,953 1.9 3,023 2.0 2,713 (0.06) 310 Wipro Ltd 2,207,550 6.2 137,530 6.7 119,153 (0.42) 18,377 Bank Of Baroda 283,934 11.3 32,056 11.4 21,528 (0.06) 10,528 Pidilite Industries Ltd 897,205 7.9 70,879 8.3 60,635 (0.42) 10,244 Prestige Estates Projects 106,670 2.8 2,955 2.9 2,887 (0.09) 67 State Bank Of India 2,453,822 23.9 585,237 24.3 402,404 (0.47) 182,832 Bharti Airtel Ltd 2,780,698 19.8 550,300 19.9 456,777 (0.10) 93,523 Power Finance Corporation 301,762 20.2 60,896 20.7 47,040 (0.49) 13,856 Srf Ltd 330,227 11.2 37,084 11.3 26,921 (0.11) 10,163 Abbott India Ltd 335,083 4.5 15,112 5.0 17,552 (0.50) (2,440) Varun Beverages Ltd 264,454 5.5 14,545 5.6 11,309 (0.11) 3,236 Bharat Petroleum Corp Ltd 826,703 20.1 165,919 20.6 157,534 (0.50) 8,386 Pfizer Limited 233,625 12.9 30,184 13.0 29,229 (0.12) 955 Icici Securities Ltd 149,088 7.1 10,645 7.7 11,420 (0.51) (775) Housing & Urban Dev Corp Ltd 79,476 2.4 1,907 2.5 1,635 (0.12) 273 V-Guard Industries Ltd 79,971 12.1 9,700 12.7 9,247 (0.53) 454 Bank Of India 159,587 5.2 8,346 5.4 7,127 (0.12) 1,220 Eicher Motors Ltd 691,563 9.0 62,172 9.5 57,383 (0.55) 4,788 Hdfc Life Insurance Co Ltd 1,366,839 6.3 85,427 6.4 71,957 (0.12) 13,471 Tata Motors Ltd 606,148 13.3 80,496 13.8 61,363 (0.55) 19,133 Titan Co Ltd 1,391,295 10.2 141,634 10.3 109,960 (0.13) 31,673 Dr Lal Pathlabs Ltd 192,131 7.2 13,910 7.8 12,267 (0.59) 1,643 Tata Consultancy Svcs Ltd 10,742,140 7.7 821,774 7.8 729,461 (0.15) 92,312 Muthoot Finance Ltd 485,640 6.6 31,858 7.2 32,511 (0.60) (653) Aditya Birla Capital Ltd 205,272 4.0 8,272 4.2 6,292 (0.16) 1,981 Shree Cement Ltd 866,415 10.9 94,093 11.5 84,052 (0.64) 10,041 Gail India Ltd 555,875 19.9 110,508 20.1 78,570 (0.19) 31,938 Coromandel International Ltd 238,877 15.4 36,835 16.1 36,435 (0.66) 400 Union Bank Of India 202,136 4.6 9,258 4.8 7,457 (0.20) 1,801 Axis Bank Ltd 1,899,439 20.2 383,687 20.9 271,199 (0.67) 112,488 Sun Tv Network Ltd 189,457 5.0 9,530 5.3 9,634 (0.22) (104) Power Grid Corp Of India Ltd 993,218 15.5 153,651 16.1 137,169 (0.67) 16,481 Oberoi Realty Ltd 212,126 4.4 9,355 4.6 6,651 (0.23) 2,704 Tech Mahindra Ltd 941,497 13.4 125,878 14.0 107,427 (0.67) 18,451 Hindustan Unilever Ltd 5,628,128 7.5 422,110 7.7 376,123 (0.24) 45,987 Itc Ltd 2,571,770 38.9 1,001,447 39.6 836,919 (0.67) 164,528 Biocon Ltd 558,480 5.4 29,935 5.6 30,139 (0.25) (205) Britannia Industries Ltd 861,430 10.5 90,450 11.2 102,769 (0.74) (12,319) Mphasis Ltd 287,558 15.5 44,600 15.8 40,683 (0.25) 3,917 Steel Authority Of India 306,040 12.9 39,510 13.7 19,029 (0.74) 20,481 Marico Ltd 519,932 10.0 51,785 10.2 47,902 (0.26) 3,883 Colgate Palmolive (India) 425,726 9.8 41,636 10.6 41,134 (0.77) 502 Bata India Ltd 203,029 26.1 52,950 26.4 44,649 (0.27) 8,301 Ramco Cements Ltd/The 187,843 22.9 42,941 23.6 41,945 (0.77) 996 Glenmark Pharmaceuticals Ltd 139,250 4.1 5,751 4.4 5,992 (0.27) (241) Cadila Healthcare Ltd 488,070 11.6 56,421 12.3 49,907 (0.78) 6,514

Source: BSE, ACE Equity,Bloomberg Note: DII Includes MF, Fin Institution & Insurance Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 35 DII Holdings (Nifty200) (DEC 2020)

Dec'20 Holding Holding QoQ QoQ Dec'20 Holding Holding QoQ QoQ Market Cap Sept'20 Market Cap Sept'20 Company Holding Dec'20 Sept'20 Chng Chng Company Holding Dec'20 Sept'20 Chng Chng (Dec'20) Holding (%) (Dec'20) Holding (%) (%) (Rs mn) (Rs mn) (%) (Rs mn) (%) (Rs mn) (Rs mn) (%) (Rs mn) Adani Ports And Special Econ 982,860 15.7 153,818 16.4 114,082 (0.78) 39,736 Voltas Ltd 273,195 36.7 100,153 38.2 85,883 (1.49) 14,271 Bajaj Finserv Ltd 1,417,334 4.7 67,040 5.6 51,782 (0.83) 15,258 Infosys Ltd 5,349,191 28.3 1,514,891 29.9 1,281,919 (1.53) 232,972 Sbi Life Insurance Co Ltd 904,304 4.9 44,311 5.8 46,742 (0.86) (2,431) Cholamandalam Investment And 317,745 23.0 73,145 24.7 50,336 (1.63) 22,809 Syngene International Ltd 255,840 4.7 11,948 5.6 12,320 (0.90) (372) Divi'S Laboratories Ltd 1,019,904 13.2 134,627 14.9 120,157 (1.65) 14,471 Hdfc Bank Limited 7,910,648 17.2 1,356,676 18.1 1,072,576 (0.92) 284,100 Dr. Reddy'S Laboratories 865,550 14.3 124,120 16.0 138,078 (1.67) (13,958) Dabur India Ltd 943,803 5.9 55,401 6.8 61,540 (0.95) (6,139) Ambuja Cements Ltd 494,128 11.5 57,022 13.3 57,265 (1.75) (242) Castrol India Ltd 121,712 17.3 21,032 18.3 19,753 (0.99) 1,279 Jubilant Foodworks Ltd 368,346 12.3 45,380 14.1 43,592 (1.77) 1,788 Bajaj Finance Ltd 3,190,821 7.1 225,272 8.1 159,622 (1.02) 65,650 Cummins India Ltd 159,266 26.2 41,712 28.0 34,505 (1.77) 7,206 Maruti Suzuki India Ltd 2,310,792 15.4 355,169 16.4 334,078 (1.03) 21,091 Cipla Ltd 661,253 17.7 116,843 19.5 121,498 (1.78) (4,654) Aurobindo Pharma Ltd 539,826 10.2 54,792 11.2 52,224 (1.04) 2,568 Indian Hotels Co Ltd 142,830 28.4 40,592 30.3 34,244 (1.89) 6,348 Indusind Bank Ltd 677,572 16.2 109,563 17.2 68,647 (1.04) 40,916 Larsen & Toubro Infotech Ltd 639,109 3.9 25,117 5.9 26,016 (1.93) (899) Asian Paints Ltd 2,651,703 6.0 157,776 7.0 133,375 (1.05) 24,402 Grasim Industries Ltd 610,480 18.7 114,038 20.6 101,060 (1.96) 12,978 Aarti Industries Limited 215,145 14.1 30,228 15.2 26,791 (1.10) 3,437 Interglobe Aviation Ltd 663,236 3.9 25,800 5.9 28,406 (2.02) (2,607) Indus Towers Ltd 619,566 2.6 16,109 3.8 12,191 (1.16) 3,917 Mrf Ltd 321,269 8.9 28,689 11.0 27,767 (2.06) 923 Nestle India Ltd 1,773,110 7.6 134,224 8.8 134,296 (1.18) (71) Bharat Heavy Electricals 125,007 13.5 16,888 15.6 15,868 (2.07) 1,020 Yes Bank Ltd 447,231 45.7 204,519 46.9 154,655 (1.21) 49,864 Mahanagar Gas Ltd 104,823 17.7 18,533 19.8 16,201 (2.08) 2,331 Icici Bank Ltd 3,693,771 39.8 1,469,382 41.1 1,004,457 (1.28) 464,925 Tata Power Co Ltd 241,728 23.4 56,468 25.5 43,481 (2.17) 12,987 Bajaj Auto Ltd 996,595 9.1 90,989 10.4 86,788 (1.28) 4,201 Kotak Mahindra Bank Ltd 3,951,725 12.7 501,079 15.0 375,752 (2.29) 125,327 Ultratech Cement Ltd 1,526,356 14.2 216,437 15.5 180,814 (1.29) 35,623 Larsen & Toubro Ltd 1,808,121 33.1 597,946 35.4 448,543 (2.37) 149,403 Indraprastha Gas Ltd 351,646 16.1 56,545 17.4 47,085 (1.31) 9,459 Mahindra & Mahindra Ltd 895,845 21.7 194,309 24.2 182,510 (2.46) 11,798 Mindtree Ltd 273,493 10.4 28,553 11.8 25,899 (1.31) 2,654 Hero Motocorp Ltd 621,278 14.6 90,707 17.3 108,760 (2.70) (18,054) Info Edge India Ltd 611,791 11.1 67,786 12.4 58,047 (1.34) 9,740 Navin Fluorine International 129,230 13.9 17,989 17.1 18,634 (3.18) (646) Housing Development Finance 4,606,063 16.9 777,043 18.2 569,088 (1.36) 207,955 Hindalco Industries Ltd 540,416 23.5 127,052 26.7 105,265 (3.23) 21,787 Escorts Ltd 169,946 7.1 12,134 8.5 15,164 (1.39) (3,030) Apollo Tyres Ltd 113,048 12.4 13,973 15.6 11,692 (3.26) 2,281 Emami Ltd 188,363 23.3 43,870 24.7 38,540 (1.39) 5,330 Acc Ltd 303,775 10.5 32,018 14.1 36,844 (3.54) (4,826) Jsw Energy Ltd 111,381 6.9 7,685 8.3 7,700 (1.41) (14) Apollo Hospitals Enterprise 335,682 10.8 36,153 14.6 43,751 (3.87) (7,598) Hindustan Petroleum Corp 331,224 20.7 68,563 22.1 60,919 (1.43) 7,644 Ipca Laboratories Ltd 277,602 23.8 66,097 27.8 76,071 (3.98) (9,974) Petronet Lng Ltd 371,401 7.0 25,998 8.4 27,901 (1.43) (1,903) Tata Consumer Products Ltd 543,624 13.0 70,399 17.0 78,044 (4.00) (7,645) Havells India Ltd 573,522 8.2 46,971 9.6 40,864 (1.44) 6,107 Balkrishna Industries Ltd 318,259 15.0 47,643 19.0 54,194 (4.01) (6,550) Ntpc Ltd 983,025 32.7 321,351 34.1 287,468 (1.45) 33,883 Tata Steel Ltd 740,752 26.0 192,299 30.1 123,023 (4.09) 69,277 Max Financial Services Ltd 232,915 26.9 62,747 28.4 46,886 (1.47) 15,861 Trent Ltd 244,434 9.7 23,759 14.0 33,487 (4.30) (9,728) Ltd 152,548 18.0 27,474 19.5 29,337 (1.47) (1,863) Tata Chemicals Ltd 121,621 24.6 29,943 29.2 22,249 (4.54) 7,694 Bandhan Bank Ltd 647,776 3.5 22,672 5.0 21,937 (1.49) 735 Pi Industries Ltd 333,019 19.1 63,473 23.8 71,097 (4.71) (7,624)

Source: BSE, ACE Equity,Bloomberg Note: DII Includes MF, Fin Institution & Insurance Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 36 This document has been prepared by IDBI Capital Markets & Securities Ltd. (IDBI Capital) and is meant for the recipient only for use as intended and not for circulation. This document should not be reproduced or copied or made available to others. No person associated with IDBI Capital is obligated to call or initiate contact with you for the purposes of elaborating or following up on the information contained in this document. Recipients may not receive this report at the same time as other recipients. IDBI Capital will not treat recipients as customers by virtue of their receiving this report. The information contained herein is from the public domain or sources believed to be reliable. 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Quarterly Share Holding Changes

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Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 37 Quarterly Share Holding Changes

Disclosures I, Dhartikumar Sahu, certify that the views expressed in this report accurately reflect my personal views about the subject companies and / or securities. I also certify that no part of my compensation was, is or will be directly or indirectly related to the specific recommendations or views expressed in this report. Principally, I will be responsible for the preparation of this research report and have taken reasonable care to achieve and maintain independence and objectivity in making any recommendations herein.

Other Disclosures IDBI Capital Markets & Securities Ltd. (hereinafter referred to as “IDBI Capital”) was incorporated in the year 1993 under Companies Act, 1956 and is a wholly owned subsidiary of IDBI Bank Limited. IDBI Capital is one of India’s leading securities firm which offers a full suite of products and services to individual, institutional and corporate clients namely Stock broking (Institutional and Retail) , Distribution of financial products, Merchant Banking, Corporate Advisory Services, Debt Arranging & Underwriting, Portfolio Manager Services and providing Depository Services. IDBI Capital is a registered trading and clearing member of BSE Ltd. (BSE) and National Stock Exchange of India Limited (NSE). IDBI Capital is also a SEBI registered Merchant Banker, Portfolio Manager and Research Analyst. 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Data Analyst: Dhartikumar Sahu  [email protected] 27-Jan-2021 38