DSP BlackRock Mutual Fund has increased its weightage in cement & construction, services and media & entertainment space. However, it decreased its investments in banking & financial services, information technology and pharmaceuticals.
IVRCL, Zee Entertainment and Jaiprakash Associates were the top buys by the fund, while Tata Motors (DVR), Apollo Tyres and Wipro were the top sells.
A study of the scheme for the month of June 2012 shows that in the Cement & Construction space, the fund bought Jaiprakash Associates, IVRCL and Sadbhav Engineering. However, it sold Kajaria Ceramics and exited from India Cements.
It purchased SpiceJet, PTC India and introduced Jet Airways in the Services segment. (View - All Bulk Deals by Mutual Funds).
In the Media & Entertainment space, the fund bought Dish TV and introduced Zee Entertainment Enterprises. While, it sold Sun TV Network, Hathway Cable and exited from Entertainment Network India.
The fund sold State Bank |