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Mutual Funds

Mutual Funds that Owned Shares of Financial Technologies

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Mutual funds owning FT stock are largely from the Reliance and Birla stable, it seems. Going purely from the shareholding on Jun 30 (the last we have) the shares they own are as follows, aggregated by AMC.

FT Shares held by Mutual Funds

Note that all of these are shares held on behalf of mutual fund holders.

In Bulk trades yesterday a few of the top shareholders exited their stake. Remember, anyone trading more than 0.5% of the days volume will get reported as bulk trades. Looking at the NSE and BSE together it seems that Birla and Reliance have exited part of their portfolio. (If the others were to exit, they would be too small to be reported in bulk trades, so it’s likely that they’ve exited as well)

Bulk Sellers of FT

Amal Parikh is probably related to the guys at Pivotal Securities, a firm that owns a large stake in FT.

Note that Birla sold at Rs. 271, which Reliance sold (in both BSE and NSE) at about 212. (Current prices are around Rs. 150)

Every single mutual fund scheme has a different account, and many funds have very tiny holdings, so their sales will also be invisible right now.

I’m saying that because you shouldn’t rush to sell the following mutual funds, which have reported holdings of FT as of Jun 30. Just for reference:

AMC Fund Shares % of portfolio
Reliance Reliance Growth Fund – RP  19,80,807 3.41%
Birla SL Birla SL Frontline Equity  4,70,196 1.16%
Reliance Reliance Equity Fund – RP 3,13,236 2.49%
Birla SL Birla Sun Life Midcap Fund  2,46,676 1.80%
Birla SL Birla Sun Life Equity Fund  1,04,811 1.25%
Reliance Reliance RSF – Balanced  1,01,220 1.46%
Birla SL Birla Sun Life 95 Fund  86,487 1.16%
Birla SL Birla SL Special Situations 43,142 2.44%
Birla SL Birla Sun Life Top 100  41,343 1.06%
Birla SL Birla SL Intl. Equity – B  39,210 1.97%
Birla SL Birla SL Advantage Fund  34,206 0.96%
Birla SL Birla SL India GenNext  15,510 0.84%
Religare Religare Invesco Tax Plan  12,442 0.72%
Birla SL Birla SL Small and Midcap Fund  10,225 0.87%
Reliance Reliance Growth Fund – IP  8,908 3.41%
Religare Religare Invesco Contra  7,363 1.21%
Reliance Reliance Growth Fund -Direct  7,303 3.41%
ING ING Multi-Mgr Eqty -A  5,560 2.37%
Religare Religare Invesco Mid Cap  5,040 0.78%
Birla SL Birla SL Long Term Advan.  4,989 0.29%
Birla SL Birla SL Frontline Eqty-Direct  4,044 1.16%
Birla SL Birla SL New Millennium  3,202 0.56%
Birla SL Birla Sun Life MIP  2,950 0.17%
Religare Religare Invesco Mid N SmallCap  2,597 0.75%
Birla SL Birla SL Midcap Fund -Direct  1,210 1.80%
Reliance Reliance RSF – Balanced -Direct  936 1.46%
Birla SL Birla SL India GenNext-Direct  675 0.84%
Birla SL Birla SL Top 100 – Direct  665 1.06%
Birla SL Birla SL 95 Fund -Direct  658 1.16%
Goldman GS CNX 500 Fund  491 0.06%
Birla SL Birla SL Equity Fund -Direct  381 1.25%
Birla SL Birla SL Advantage Fund -DIrect  310 0.96%
Birla SL Birla SL Small & Midcap -Direct  215 0.87%
Reliance Reliance Equity Fund -Direct  156 2.49%
Religare Religare Invesco Mid N Small-DP  50 0.75%
Religare Religare Invesco Tax Plan – DP  50 0.72%
Religare Religare Invesco Contra – Dir  30 1.21%
Religare Religare Invesco Mid Cap-Direct  27 0.78%
Birla SL Birla SL Special Situat.-Direct  22 2.44%
Birla SL Birla SL Intl. Equity B -Direct  13 1.97%
Birla SL Birla SL MIP – Direct  10 0.17%
Goldman GS CNX 500 Fund – Direct  7 0.06%
Birla SL Birla SL New Millennium-Direct  6 0.56%
Birla SL Birla SL Long Term Adv. -Direct  2 0.29%
ING ING Multi-Mgr Eqty-A -Direct  2 2.37%

(Source: Moneycontrol)

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