INSTIPRO Holding Movement of Top AMC For February 2021
MARCH 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 Pru 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-28th February’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 Note: Position movements are not net-off on overall activity. AMC excludes insurance companies and pension funds.
Source: FactSet & KRChoksey Research Performance Analysis – By Sector – Feb’21 - Decreased & Sold-Out Positions
Selling spree continued in Feb’21 with MFs withdrawing in excess of INR 160 Billion led by profit booking where positions were trimmed in key Nifty stock including financial names such as HDFC Bank, HDFC Ltd, SBI, ICICI; whereas Bharti Airtel experienced the highest withdrawal during the month. Focus Sectors Top focus companies – Decreased/Sold-Out Positions
Amount: INR Mn Electronic Technology, -452 BEL | ABB Power | Honeywell | Astra Microwave Note: The value is based on the combined price (average) Technology Services, -696 Infosys | HCL | TCS | Tech Mahindra for all securities bought/sold during Feb’21. Distribution Services, -2,054 Adani Enterprises | Arvind Fashions | Aegis | Varroc Commercial Services, -3,034 Info Edge | Cyient | Oracle | Quess Corp Transportation, -3,614 Adani Port | Container Corp | Interglobe Aviation | Spicejet Utilities, -3,623 Power Grid | TATA Power | Torrent Power | GAIL India Industrial Services, -4,082 L&T | Voltas | Engineers India | Petronet Lng Health Services, -4,754 Apollo Hospital | Narayana | Dr Lal Pathlabs | Thyrocare Retail Trade, -7,644 Dixon Tech | AB (Pantaloons) | Avenue Supermarts | V Mart Non-Energy Minerals, -8,970 Hindalco | Vedanta | Ultratech Cements | Ambuja Cements Process Industries, -9,585 PI Industries | TATA Chemical |Pidilite | Chambal Fertilizer Energy Minerals, -11,026 RIL | IOCL | BPCL | HPCL Health Technology, -17,220 Dr Reddys | Cipla | Cadila | Aurobindo Communications, -27,458 Bharti Airtel | VI | Indus Tower | TATA Communication Finance, -65,225 SBI | ICICI | HDFC Bank | HDFC
Source: FactSet & KRChoksey Research Performance Analysis – By Sector – Feb’21 – Increased & New Positions
Consumption space, mainly automotive companies found good traction during the month where MFs increased/added positions in key names including TATA Motors, Maruti Suzuki, M&M and Motherson Sumi. In the Discretionary segment HUL & ITC too saw some inflows in Feb’21
Top focus companies – Increased/New Positions Focus Sectors – Overall Movement Amount: INR Mn TATA Motors | Maruti Suzuki | M&M | Titan Industries Consumer Durables, 5,782
IRCTC | PVR | Jubilant Food | Indian Hotels Consumer Services, 2,712
HUL | ITC | Dabur India | United Spirits Consumer Non-Durables, 1,821
Motherson Sumi | Bharat Forge | Esab India | Balkrishna Indus Producer Manufacturing, 1,559
Note: The value is based on the combined price (average) for all securities bought/sold during Feb’21.
Source: FactSet & KRChoksey Research Performance Analysis – By Market Capitalization – Feb’21
Large-caps continued to remain the most impacted in Feb’21 by the on-going redemptions. In the Mid-caps segment, stocks which saw higher selling includes Ashok Leyland, Dixon Technologies, PI Industries and TATA Chemicals amongst the other names.
Increased (INR Mn) Decreased (INR Mn) Total Companies: 566 Total Companies: 614 Mid Cap, Mid Cap, 50,475 Large Cap, 70,577 No of Co: 156 Large Cap, No of Co: 159 3,51,050 2,13,067 No of Co: 144 No of Co: 147 Small Cap, Small Cap, 14,512 26,381 No of Co: 260 No of Co: 314
New Position (INR Mn) Sold Out (INR Mn) Total Companies: 72 Large Cap, Total Companies: 75 4,807 Small Cap, No of Co: 23 Mid Cap, 3,182 Small Cap, 4,694 No of Co: 30 12,370 No of Co: 24 No of Co: 19 Mid Cap, Large Cap, 6,352 3,545 No of Co: 30 No of Co: 21
Note: The value is based on the combined price (average) for all securities bought/sold during Feb’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. – Feb’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 Tata Motors Ltd 323 11,38,056 4,000 Aditya Birla Fashion Ltd 144 1,55,746 7,628 Brookfield India Ltd 247 74,795 20,635
Steel Authority Of India Ltd 77 3,15,952 13,357 M&M Financial Services Ltd 204 2,51,677 4,269 Esab India Ltd 1,824 28,078 1,322
Varun Beverages Ltd 1,039 2,84,778 419 Ramco Cements Ltd 970 2,28,813 884 Railtel Corp Of India Ltd 121 38,962 19,613
Tata Steel Ltd 234 8,19,089 1,579 Indigo Paints Ltd 2,522 1,19,955 331 HFFC Co India Ltd 538 46,979 972
Godrej Consumer Products Ltd 686 7,01,221 454 Pvr Ltd 1,361 82,664 397 Ncc Ltd 89 54,307 5,814
Tata Steel Ltd 715 8,19,089 393 Sterlite Tech (Sterlite Optic) Ltd 208 82,480 1,870 Mayur Uniquoters Ltd 416 18,540 970
Bharat Electronics Ltd 137 3,34,301 1,421 Bharat Heavy Electricals Ltd 48 1,65,920 5,586 Matrimony Com Ltd 1,101 25,075 212
Tvs Motor Co Ltd 595 2,82,701 323 Polycab India Ltd 1,337 1,99,287 175 Safari Industries India Ltd 635 14,219 300
IRCTC Ltd 1,759 2,81,384 94 National Aluminium Co Ltd 60 1,11,937 2,617 Stove Kraft Ltd 498 16,194 260
Abb India Ltd 1,532 3,24,675 84 Sun Tv Network Ltd 493 1,94,441 300 Automotive Axles Ltd 1,159 17,512 104
Procter & Gamble Ltd 12,904 4,18,864 7 Tata Chemicals Ltd 739 1,88,227 194 Vrl Logistics Ltd 258 23,340 420
Vedanta (Sesa Sterlite) Ltd 207 7,69,088 335 Cg Power & Indl Sol Ltd 57 75,864 2,237 Poly Medicure Ltd 706 67,682 104
Vodafone Idea (Cellular) Ltd 11 3,25,572 4,620 Cummins India Ltd 789 2,18,683 150 Johnson Controls Ltd 2,580 70,147 27
Interglobe Aviation Ltd 1,623 6,24,691 28 Manappuram Finance Ltd 176 1,49,097 630 V Mart Retail Ltd 2,643 52,076 18
Srf Ltd 5,444 3,22,513 7 Kec International Ltd 430 1,10,651 255 Ganesha Ecosphere Ltd 589 `12,864 65
Highlighted cells are covered by KRChoksey Research
Source: FactSet & KRChoksey Research For reference Stock Price and Mkt. Cap data is as of 28th Feb 2021 Increased - Top Picks by AMC. – Feb’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 State Bank Of India Ltd 390 34,82,384 35,154 Deepak Nitrite Ltd 1,369 1,86,736 1,730 V Mart Retail Ltd 2,643 52,076 684
Icici Bank Ltd 598 41,30,788 17,923 Pvr Ltd 1,361 82,664 1,699 Pnc Infratech Ltd 269 69,086 3,793
Indusind Bank Ltd 1,063 8,05,327 7,516 Lic Housing Finance Ltd 430 2,16,803 5,303 Jk Lakshmi Cement Ltd 373 43,844 1,908
Tata Consultancy Services Ltd 2,896 1,07,12,638 2,384 Rbl Bank Ltd 235 1,40,566 9,062 Great Eastern Shipping Ltd 312 45,861 1,906
Ntpc Ltd 107 10,39,483 61,674 M&M Financial Services Ltd 204 2,51,677 9,856 Beml Ltd 1,079 44,939 449
Larsen & Toubro Ltd 1,442 20,25,547 4,197 Ttk Prestige Ltd 7,265 1,00,704 261 Dcb Bank (Development) Ltd 117 36,174 2,910
Infosys (Infosys Tech) Ltd 1,252 53,34,871 4,124 Crompton Greaves Ltd 385 2,41,809 4,923 Bharat Dynamics Ltd 351 64,295 963
Adani Pors & SEZ Ltd 674 13,69,502 7,403 Dalmia Bharat (Odisha) Ltd 1,435 2,68,000 1,113 Bajaj Consumer Care Ltd 243 35,786 1,376
Hindustan Unilever Ltd 2,132 50,09,371 2,329 Chambal Fertilisers Ltd 244 1,01,526 6,534 Chalet Hotels Ltd 166 34,075 2,005
Axis Bank Ltd 725 22,19,471 6,816 MCEI Ltd 1,513 77,148 979 Shilpa Medicare Ltd 369 30,088 869
Maruti Suzuki India Ltd 6,873 20,76,090 717 Indiamart Intermesh Ltd 8,597 2,61,035 144 Birlasoft (Kpit) Ltd 227 62,944 1,264
Tata Steel Ltd 715 8,19,089 6,594 Indiabulls Housing Finance Ltd 219 1,01,116 5,541 Amrutanjan Health Care Ltd 547 16,002 523
Bharat Petroleum Corp Ltd 450 9,75,947 10,211 Bata India Ltd 1,438 1,84,816 777 Jyothy Labs Ltd 149 54,641 1,904
Cipla Ltd 787 6,34,321 5,067 Gujarat State Petronet Ltd 250 1,40,827 4,086 Greenply Industries Ltd 174 21,374 1,576
Steel Authority Of India Ltd 77 3,15,952 50,344 Torrent Power Ltd 382 1,83,403 2,423 Aster Dm Healthcare Ltd 143 71,480 1,855
Highlighted cells are covered by KRChoksey Research
Source: FactSet & KRChoksey Research For reference Stock Price and Mkt. Cap data is as of 28th Feb 2021 Decreased - Top Picks by AMC. – Feb’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 Bharti Airtel (Tele Ventures) Ltd 557 30,39,291 -53,324 Dixon Technologies India Ltd 3,970 2,35,153 -322 Engineers India Ltd 80 45,020 -29,872
State Bank Of India Ltd 390 34,82,384 -54,797 Tata Chemicals Ltd 739 1,88,227 -4,491 Just Dial Ltd 716 44,322 -1,388
Icici Bank Ltd 598 41,30,788 -30,700 Zee Entertainment (Telefilms) Ltd 201 1,93,061 -11,350 Epl (Essel Propack) Ltd 215 67,847 -4,140
Hdfc Bank Ltd 1,534 84,55,525 -10,439 Sun Tv Network Ltd 493 1,94,441 -4,317 Pnc Infratech Ltd 269 69,086 -3,223
Housing Development Fin Ltd 2,539 45,75,187 -5,652 M&M Financial Services Ltd 204 2,51,677 -10,222 Sonata Software Ltd 479 50,361 -1,591
Hindalco Industries Ltd 340 7,64,526 -29,306 Jk Cement Ltd 2,686 2,07,516 -769 Knr Constructions Ltd 207 58,159 -3,512
Reliance Industries Ltd 2,084 1,32,10,444 -4,242 Tube Investments Of India Ltd 1,081 2,08,354 -1,725 Cyient (Infotech) Ltd 655 72,031 -1,086
Dr Reddys Laboratories Ltd 4,425 7,35,761 -1,885 Indian Energy Exchange Ltd 290 86,811 -6,052 CDSL Ltd 624 65,218 -971
Cholamandalam Invt & Fin Co Ltd 519 4,25,395 -15,442 City Union Bank Ltd 165 1,22,021 -9,746 Can Fin Homes Ltd 479 63,741 -1,215
Axis Bank Ltd 725 22,19,471 -10,800 Chambal Fertilisers Ltd 244 1,01,526 -6,133 Ncc Ltd 89 54,307 -5,825
Power Grid Corp Of India Ltd 215 11,23,746 -36,221 Sanofi India Ltd 8,269 1,90,432 -181 Spicejet (Royal Airways) Ltd 83 49,697 -6,229
Adani Port & SEZ Ltd 674 13,69,502 -10,841 MCEI Ltd 1,513 77,148 -985 Mishra Dhatu Nigam Ltd 192 35,885 -2,631
Kotak Mahindra Bank Ltd 782 35,30,816 -3,494 Canara Bank Ltd 157 2,58,538 -8,712 Nlc India (Neyveli Lignite) Ltd 53 73,284 -8,639
Cipla Ltd 787 6,34,321 -7,025 Deepak Nitrite Ltd 1,369 1,86,736 -979 Uti Asset Management Co Ltd 589 74,652 -757
Indian Oil Corp Ltd 98 9,22,588 -55,940 Cummins India Ltd 789 2,18,683 -1,671 Allcargo Logistics Ltd 129 31,646 -3,446
Highlighted cells are covered by KRChoksey Research
Source: FactSet & KRChoksey Research For reference Stock Price and Mkt. Cap data is as of 28th Feb 2021 Sold Out - Top Picks by AMC. – Feb’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 Apollo Hospitals Enterprise Ltd 3,061 4,40,053 -450 Torrent Power Ltd 382 1,83,403 -2,781 Rain Industries Ltd 165 55,648 -2,881
Nmdc Ltd 127 3,72,333 -3,263 Aditya Birla Fashi (Pantallons) Ltd 184 1,55,746 -5,442 Abb Power Ltd 1,439 61,006 -272
Adani Enterprises (Exports) Ltd 833 9,16,362 -376 Aditya Birla Fashion Ltd 144 1,55,746 -7,019 Thyrocare Technologies Ltd 908 47,989 -310
Whirlpool Of India (Kelvinator) Ltd 2,412 3,06,021 -126 Bajaj Electricals Ltd 958 1,09,582 -428 Triveni Turbine Ltd 101 32,492 -2,648
Icici Prudential Life Insurance Ltd 461 6,62,407 -605 Finolex Industries Ltd 613 76,089 -399 Vip Industries Ltd 401 56,682 -562
Abbott India (Knoll Pharma) Ltd 14,397 3,05,919 -12 Mindtree Ltd 1,599 2,63,445 -119 Ujjivan Small Finance Bank Ltd 34 57,985 -4,950
Punjab National Bank Ltd 41 4,28,013 -4,000 Alembic Pharmaceuticals Ltd 919 1,80,671 -169 Tata Metaliks Ltd 768 24,242 -150
Colgate Palmolive (India) Ltd 1,581 4,29,982 -97 Symphony Ltd 1,122 78,471 -135 Elgi Equipments Ltd 183 57,868 -526
Godrej Properties Ltd 1,539 3,87,927 -79 Aarti Industries Ltd 1,235 2,15,153 -93 Orient Refractories Ltd 233 28,022 -337
Marico Ltd 397 5,12,914 -195 Bayer Cropscience Ltd 5,143 2,31,151 -21 Avanti Feeds Ltd 478 65,166 -161
Biocon Ltd 390 4,68,000 -99 Natco Pharma Ltd 813 1,48,168 -112 Heritage Foods Ltd 314 14,555 -211
Mrf Ltd 84,470 3,58,251 -0.38 Jb Chemicals & Pharma Ltd 1,117 86,343 -75 Mastek Ltd 1,174 29,452 -55
Gail India Ltd 142 6,39,313 -200 Cholamandalam Finl Hldgs Ltd 602 1,12,944 -122 Swaraj Engines Ltd 1,295 15,716 -45
Indus Towers (Bharti) Ltd 257 6,93,677 -85 Nbcc India Ltd 43 77,130 -1,500 Mrs Bectors Food Specialities 400 23,484 -126
Tata Steel Ltd Ppd 234 8,19,089 -43 Coforge (Niit) Ltd 2,539 1,53,801 -23 Asahi India Glass Ltd 294 71,578 -168
Highlighted cells are covered by KRChoksey Research
Source: FactSet & KRChoksey Research For reference Stock Price and Mkt. Cap data is as of 28th Feb 2021 Disclaimer
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