Axis Mutual Fund: RIL, Tata Motors, HDFC Bank among top 10 stock holdings in April

May 23, 2024, 05:01:39 PM IST

The fund house manages assets worth Rs 2.87 lakh crore as of April 2024 with 87 mutual fund schemes under its wing. Here are the top 10 stock holdings of the fund house, according to a report by Motilal Oswal Financial Services.

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The highest allocation of the fund house was in ICICI Bank at 4.5% in April. Around 6.95 lakh shares were sold from the portfolio, witnessing an increase in weight by 0.1%.

Agencies

The total allocation in HDFC Bank was 3.7% in April leaving the weight unchanged from the month before.

ETMarkets.com

The fund house had an allocation of 3.6% in Bajaj Finance in April, seeing a decline in weight by 0.7%.

Agencies

The allocation in Avenue Supermart was 3.5% in April leaving the weight unchanged from the month before.

ET Online

The fund house had an allocation of 3.4% in TCW, witnessing a decline in weight by 0.2% from the month before.

ETMarkets.com

The total holding in RIL was 3% in April witnessing a decline in weight by 0.1% from the month before.

ETMarkets.com

The fund house had an allocation of 2.9% in Torrent Power in April. The fund house sold 6.31 shares of Torrent Power witnessing an increase in weight by 0.2%.

ETMarkets.com

9/10

Cholamandalam Investment & Finance and Tata Motors

The fund house had an allocation of 2.3% each in these two stocks. The weight of Cholamandalam Investment & Finance remained unchanged whereas that of Tata Motors declined by 0.1% from the month before.

ETMarkets.com

The total holding of the fund house in Bharti Airtel was 2.2%. It added 25.31 lakh shares of Bharti Airtel leaving an increase in weight by 0.3% from the previous month.

AFP

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