INSTIPRO Holding Movement of Top AMC for May 2021

INSTIPRO Holding Movement of Top AMC For May 2021

June 2021 About InstiPro

List of AMC* Short Form Description: Aditya Birla Sun Life AMC Ltd. ABSL AMC InstiPro is a report on holdings movement of top asset management Axis Asset Management Co. Ltd. Axis AMC Canara Robeco Asset Management Co. Ltd. Canara AMC companies (selected) based out of India. It provide insights on institutional DSP Investment Managers Pvt Ltd. DSP AMC activities including list of companies, sector and industry where the Edelweiss Asset Management Ltd. Edelweiss AMC positions were increased, decreased, sold out or added over a specific Franklin Templeton Asset Management Ltd. Franklin AMC HDFC Asset Management Co. Ltd. HDFC AMC duration of 1 month. ICICI Prudential Asset Management Co. Ltd ICICI AMC IDFC Asset Management Co. IDFC AMC Invesco Asset Management (India) Pvt Ltd. Invesco AMC Kotak Mahindra Asset Management Co. Ltd. Kotak AMC Period: 1st-31st May’21 L&T Investment Asset Management Co. Ltd L&T AMC Mirae Asset Global Investments (India) Pvt Ltd. Mirae AMC Holding Movement Period: 1 Month Motilal Oswal Asset Management Co. Ltd. Motilal AMC Currency & Denomination: INR in Million Nippon Life Asset Management Ltd. Nippon AMC Shares: In Thousands (Rounded off) Principal Asset Management Pvt Ltd. Principal AMC SBI Funds Management Pvt Ltd. SBI Funds Share Movement: Based on number of shares bought/sold by AMC Sundaram Asset Management Co. Ltd. Sundaram AMC Database: FactSet Tata Asset Management Ltd. TATA AMC UTI Asset Management Co. Ltd. UTI AMC

*The above AMC cover ~80% of the overall AMC’s AUM. The data list of AMC Note: Position movements are not net-off on overall activity. excludes insurance companies and pension funds.

Source: FactSet & KRChoksey Research Performance Analysis – By Sector – May’21 – Increased & New Positions

MFs favoured BFSI and IT stocks during May 21, where net fund inflows continued for the third consecutive month driven by positive sentiments arising out of lower new Covid positive cases and easing lockdown restrictions. PNB and Bajaj Holdings which experienced higher buying in April 21, remained on the top buying list amongst MFs in May 21 as well. SBI Life, Indus Tower, Info Edge too remained amongst the top 10 buys in Large Cap segment. Top focus companies – Increased/New Positions Focus Sectors

Finance, 25,888 SBI Life | SBI Bank | HDFC Bank | HDFC

Infosys | HCL | Coforge | Mindtree Technology Services, 11,455

Powergrid Infra | Power Grid Corp | GAIL | Tata Power Utilities, 6,070

Max Healthcare | Apollo Hospital | Fortis Healthcare | Narayana Health Services, 6,067

Bharti Airtel | Indus Tower | VI | Railtel Communications, 4,571

Info Edge | FSL | Quess Corp | Cyient Commercial Services, 4,476

Zee Entertainment | Indian Hotels | Barbeque Nation | Sun Tv Consumer Services, 4,368

Hero Motocorp | Tata Motors | Bajaj Auto | Maruti Suzuki Consumer Durables, 3,285

Avenue Supermart | Lux Industries | Aditya Birla Temp | Trent Retail Trade, 2,420

Amara Raja | Ashok Leyland | Motherson Sumi | Cummins Producer Manufacturing, 1,315

Source: FactSet & KRChoksey Research Performance Analysis – By Sector – May’21 – Decreased & Sold Out

Pharmaceuticals (Lupin, Cipla), Metals (Hindustan Zinc and Tata Steel) and Consumption stocks (Britannia Industries, Godrej Consumer Products) experienced higher selling pressure from MFs in the large cap space during May 21.

Focus Sectors – Overall Movement Top focus companies – Decreased/Sold Out

Transportation, -379 Interglobe Aviation | Container Corp | GMR Infra | Adani Port

Energy Minerals, -1,878 RIL | BPCL | HPCL | IOC

Electronic Technology, -3,916 BEL | Honeywell Automation | MTAR | ABB Power

Consumer Non-Durables, -13,029 ITC | Britannia | HUL | Godrej Consumer

Process Industries, -16,950 Pi Industries | Deepak Nitrite | Tata Chemicals | Aarti Industries

Non-Energy Minerals, -28,271 Tata Steel | Jindal Steel | Vedanta | Hindalco

Health Technology, -43,118 Cipla | Lupin | Sun Pharma | Dr Reddys Amount: INR Mn Note: The value is based on the combined price (average) for all securities bought/sold during May’21.

Source: FactSet & KRChoksey Research Performance Analysis – By Market Capitalization – May’21

Continuing from previous month’s trend, mid-and small caps saw selective buying where additions and higher news positions were executed by MFs. Zee Entertainment Enterprises, Coforge, Avanti Feeds remained the top stock picks in mid-cap space whereas couple small caps names which saw higher buying include Solara Active Pharma Science and TV18 Broadcast in May 21.

Increased (INR Mn) Decreased (INR Mn) Total Companies: 572 Total Companies: 581 Mid Cap, 74,839 Mid Cap, Large Cap, No of Co: 188 -64,984 -3,52,980 No of Co: 167 Large Cap, No of Co: 149 3,04,951 Small Cap, No of Co: 155 18,562 Small Cap, No of Co: 229 -27,275 No of Co: 272

New Position (INR Mn) Sold Out (INR Mn) Total Companies: 81 Total Companies: 74

Small Cap, Small Cap, 4,230 -2,983 Mid Cap, No of Co: 24 Mid Cap, No of Co: 34 15,946 -4,754 No of Co: 41 No of Co: 25 Large Cap, Large Cap, 824 -1,188 No of Co: 16 No of Co: 15

Note: The value is based on the combined price (average) for all securities bought/sold during May’21. Large Cap: >2.75Mn Mid Cap: 0.75 – 2.75Mn Small Cap: <0.75Mn

Source: FactSet & KRChoksey Research New Positions - Top Picks by AMC. – May’21

Mkt. Cap. INR 2,75,000 Mn & above In Mn In '000 Between INR 75,000 - 2,75,000 Mn In Mn In '000 Below INR 75,000 Mn In Mn In '000 Large Cap Price Mkt.Cap Shares Mid Cap Price Mkt. Cap Shares Small Cap Price Mkt.Cap Shares

Dalmia Bharat (Odisha) Ltd 1,762 3,29,767 166 Powergrid Infrastructure Invest Ltd 112 1,01,902 68,735 Solara Active Pharma Sciences Ltd 1,757 63,130 720

Info Edge India Ltd 4,347 5,59,773 25 Lic Housing Finance Ltd 466 2,35,274 3,165 Butterfly Gandhimathi Ltd 784 14,011 544

Page Industries Ltd 30,642 3,41,775 3 Escorts Ltd 1,172 1,57,972 700 Vip Industries Ltd 366 51,673 926

Ashok Leyland Ltd 123 3,62,391 626 Ajanta Pharma Ltd 1,921 1,66,197 419 Home First Finance Co India Ltd 568 49,673 541

Larsen & Toubro Infotech Ltd 3,940 6,88,590 12 Aditya Birla Fashion & Ret Ltd 158 1,65,415 4,131 Mastek Ltd 2,016 50,940 102

Au Small Finance Bank Ltd 987 3,08,265 35 Fortis Healthcare Ltd 228 1,71,828 2,396 Greenpanel Industries Ltd 256 31,448 805

Indus Towers (Bharti) Ltd 242 6,52,983 118 Avanti Feeds Ltd 596 81,250 735 Ccl Products India Ltd 351 46,646 526

Gail India Ltd 160 7,10,017 175 Magma Fincorp Ltd 136 1,04,004 3,100 Eid Parry India Ltd 418 74,002 404

Indian Oil Corp Ltd 109 10,28,497 245 Cesc Ltd 685 90,775 494 Ramco Systems Ltd 555 17,052 200

Container Corp Of India Ltd 683 4,16,057 38 Uti Asset Management Co Ltd 761 96,536 436 Jk Lakshmi Cement Ltd 542 63,765 203

Trent Ltd 853 3,03,124 24 Rbl Bank Ltd 214 1,28,066 1,227 Angel Broking Ltd 758 62,211 145

Hindustan Aeronautics Ltd 1,020 3,41,125 16 Indian Bank 140 1,57,716 1,800 Capacite Infraprojects Ltd 211 14,349 497

Idfc First Bank Ltd 59 3,62,689 209 Atul Ltd 8,589 2,54,134 24 Kirloskar Oil Engines Ltd 232 33,579 445

Piramal Ent (Piramal Health) Ltd 1,815 4,09,431 5 Indiabulls Housing Finance Ltd 224 1,03,520 834 Heritage Foods Ltd 339 15,734 301

Godrej Properties Ltd 1,372 3,81,268 2 Mahanagar Gas Ltd 1,190 1,17,550 155 Balrampur Chini Mills Ltd 304 63,850 334

KRChoksey Research has coverage on the highlighted cells

Source: FactSet & KRChoksey Research For reference Stock Price and Mkt. Cap data is as of 31st May 2021 Increased - Top Picks by AMC. – May’21

Sbi Life Insurance Co Ltd 975 9,75,307 22,520 Coforge (Niit) Ltd 3,527 2,13,721 1,799 Kalpataru Power Transmi Ltd 423 63,011 4,132

State Bank Of India Ltd 424 37,86,267 34,612 Zee Entertainment (Telefilms) Ltd 209 2,01,036 22,954 Jk Lakshmi Cement Ltd 542 63,765 1,941

Hdfc Bank Ltd 1,516 83,67,563 9,309 Max Healthcare Institute Ltd 223 2,15,019 15,687 Barbeque Nation Hospitality Ltd 851 31,957 1,043

Housing Development Fin (Hdfc) Ltd 2,554 46,06,918 4,905 Federal Bank Ltd India 87 1,73,886 29,377 Craftsman Automation Ltd 1,707 36,073 460

Reliance Industries Ltd 2,160 1,36,96,049 5,449 Mahindra & Mahindra Fin Svcs Ltd 163 2,01,206 14,355 Equitas Small Finance Bank Ltd 59 67,319 10,461

Bharti Airtel (Tele Ventures) Ltd 535 29,37,960 18,139 Amara Raja Batteries Ltd 742 1,26,692 2,905 Tcns Clothing Co Ltd 549 33,804 1,064

Infosys (Infosys Tech) Ltd 1,394 59,38,529 6,369 Cummins India Ltd 785 2,17,616 2,551 Sundaram Clayton Ltd 3,555 71,926 157

Kotak Mahindra Bank Ltd 1,808 35,83,761 4,701 Crompton Greaves Consumer Ltd 398 2,50,096 4,633 Vardhman Textiles Ltd 1,294 74,584 371

Hcl Technologies Ltd 945 25,64,956 8,220 Whirlpool Of India (Kelvinator) Ltd 2,161 2,74,176 839 Ccl Products India Ltd 351 46,646 1,345

Cipla Ltd 949 7,65,458 8,063 Jk Cement Ltd 2,849 2,20,124 611 Sis (Security & Intelligence) Ltd 449 66,594 1,031

Larsen & Toubro Ltd 1,466 20,58,519 4,865 City Union Bank Ltd 172 1,27,262 8,829 Pnc Infratech Ltd 258 66,264 1,460

Vedanta (Sesa Sterlite) Ltd 274 10,19,627 25,172 Polycab India Ltd 1,674 2,49,717 774 Vip Industries Ltd 366 51,673 1,011

Axis Bank Ltd 750 22,99,157 7,415 Grindwell Norton Ltd 1,221 1,35,189 1,002 Jyothy Labs Ltd 155 57,046 2,214

Sun Pharmaceutical Industries Ltd 668 16,03,436 8,274 Bata India Ltd 1,546 1,98,716 752 Csb Bank Ltd 310 53,746 967

Power Grid Corp Of India Ltd 226 11,79,724 22,814 National Aluminium Co Ltd 74 1,35,452 15,060 V Mart Retail Ltd 2,767 54,525 106

KRChoksey Research has coverage on the highlighted cells

Source: FactSet & KRChoksey Research For reference Stock Price and Mkt. Cap data is as of 31st May 2021 Decreased - Top Picks by AMC. – May’21

Cipla Ltd 949 7,65,458 -45,058 Deepak Nitrite Ltd 1,785 2,43,427 -2,181 Praj Industries Ltd 338 61,905 -6,918

Icici Bank Ltd 662 45,83,216 -30,563 Icici Securities Ltd 601 1,93,712 -5,066 Finolex Cables Ltd 443 67,676 -2,400

Tata Steel Ltd 1,126 13,53,329 -16,403 Tata Chemicals Ltd 704 1,79,361 -3,999 Sterling & Wilson Solar Ltd 227 36,370 -3,683

State Bank Of India Ltd 424 37,86,267 -33,911 Mahindra & Mahindra Fin Svcs Ltd 163 2,01,206 -12,235 Sis (Security & Intelligence) Ltd 449 66,594 -1,793

Infosys (Infosys Tech) Ltd 1,394 59,38,529 -5,749 Canara Bank Ltd 161 2,64,713 -11,906 Solara Active Pharma Science Ltd 1,757 63,130 -382

Axis Bank Ltd 750 22,99,157 -9,867 Whirlpool Of India (Kelvinator) Ltd 2,161 2,74,176 -839 Sundaram Clayton Ltd 3,555 71,926 -187

Jindal Steel & Power Ltd 407 4,15,402 -18,086 Prince Pipes & Fittings Ltd 727 79,961 -2,280 Vardhman Textiles Ltd 1,294 74,584 -506

Vedanta (Sesa Sterlite) Ltd 274 10,19,627 -26,199 Crompton Greaves Consumer Ltd 398 2,50,096 -4,114 Orient Cement Ltd 139 28,374 -3,982

Reliance Industries Ltd 2,160 1,36,96,049 -3,032 Nlc India (Neyveli Lignite) Ltd 60 83,406 -24,722 Gufic Biosciences Ltd 182 14,173 -2,838

Itc Ltd 217 26,66,096 -30,137 Natco Pharma Ltd 1,051 1,91,701 -1,339 Shilpa Medicare Ltd 517 42,153 -997

Mahindra & Mahindra Ltd 808 10,04,375 -7,747 Chambal Fertilisers & Chemicals Ltd 289 1,20,067 -4,628 Ashoka Buildcon Ltd 94 26,374 -5,451

Wipro Ltd 539 29,52,752 -10,707 Gmr Infrastructure Ltd 26 1,57,236 -48,702 Jk Lakshmi Cement Ltd 542 63,765 -898

Lupin (Lab) Ltd 1,219 5,53,140 -4,666 Federal Bank Ltd 87 1,73,886 -14,065 Nazara Technologies Ltd 1,705 51,913 -278

Hdfc Bank Ltd 1,516 83,67,563 -3,587 Rbl Bank Ltd 214 1,28,066 -5,622 Gmm Pfaudler Ltd 4,798 70,131 -94

Sun Pharmaceutical Industries Ltd 668 16,03,436 -8,116 Happiest Minds Technologies Ltd 868 1,27,522 -1,377 Craftsman Automation Ltd 1,707 36,073 -260

KRChoksey Research has coverage on the highlighted cells

Source: FactSet & KRChoksey Research For reference Stock Price and Mkt. Cap data is as of 31st May 2021 Sold Out - Top Picks by AMC. – May’21

Pidilite Industries Ltd 2,089 10,61,609 -183 Happiest Minds Technologies Ltd 868 1,27,522 -1,144 Can Fin Homes Ltd 548 72,968 -1,027

Larsen & Toubro Infotech Ltd 3,940 6,88,590 -87 Mahindra & Mahindra Fin Svcs Ltd 163 2,01,206 -5,500 Borosil Renewables (Glass) Ltd 270 35,082 -2,019

Bharat Forge Ltd 679 3,16,052 -258 Navin Fluorine Intl Ltd 3,225 1,59,642 -254 Easy Trip Planners Ltd 327 35,549 -909

Au Small Finance Bank Ltd 987 3,08,265 -64 Coromandel International Ltd 803 2,35,436 -534 Johnson Controls Ltd 2,255 61,302 -93

Godrej Consumer Products Ltd 857 8,76,424 -58 Rbl Bank Ltd 214 1,28,066 -1,959 Laxmi Organic Industries Ltd 228 59,983 -692

Hdfc Asset Management Co Ltd 2,981 6,35,033 -11 Chambal Fertilisers & Chemicals Ltd 289 1,20,067 -793 Sanghvi Movers Ltd 168 7,251 -788

Nmdc Ltd 182 5,33,810 -174 Central Depository Svcs India Ltd 990 1,03,418 -198 Railtel Corp Of India Ltd 129 41,321 -1,007

Srf Ltd 6,510 3,85,663 -5 Bata India Ltd 1,546 1,98,716 -94 Craftsman Automation Ltd 1,707 36,073 -72

Trent Ltd 853 3,03,124 -27 Uti Asset Management Co Ltd 761 96,536 -185 Dhanuka Agritech Ltd 942 43,872 -122

Shriram Transport Finance Co Ltd 1,428 3,61,473 -16 Indiamart Intermesh Ltd 7,358 2,23,409 -15 Zuari Global Ltd 94 2,764 -918

Mindtree Ltd 2,393 3,94,214 -6 Quess Corp Ltd 689 1,01,736 -109 Triveni Turbine Ltd 101 32,767 -846

Indian Railway Catering & Tour Ltd 1,902 3,04,272 -7 Tata Chemicals Ltd 704 1,79,361 -100 Cl Educate Ltd 89 1,254 -695

Tvs Motor Co Ltd 615 2,92,202 -7 Apollo Tyres Ltd 222 1,41,024 -145 Astra Microwave Products Ltd 129 11,151 -471

Ashok Leyland Ltd 123 3,62,391 -27 Castrol India Ltd 134 1,32,747 -210 Mtar Technologies Ltd 985 30,304 -55

Alkem Laboratories Ltd 2,985 3,56,890 -0.2 Blue Dart Express Ltd 6,013 1,42,687 -4 Garden Reach Shipbuilders Ltd 180 20,579 -299

KRChoksey Research has coverage on the highlighted cells

Source: FactSet & KRChoksey Research For reference Stock Price and Mkt. Cap data is as of 31st May 2021 Disclaimer

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