*Fund Insight (EFI)-Aug-18*

*July-18:-* Equity AUM scales new high @ INR 8.63tn| Equity Category saw inflows of INR 85bn |SIP Collection is at INR 75.5Bn

*IPO-* *HDFC AMC* was bought to the tune of (INR 2.4bn). Also June month’s IPO ( *Varroc Engineering* (INR 4.3bn) and *Rites* (INR 2.5bn)) garnered buying interest in secondary market.

*Aditya Birla SL MF's* major additions were State Bank Of India (INR3bn), RBL Bank (INR2.05bn) and Sun TV Network (INR1.52bn). It's major reductions were Tech Mahindra (INR2.18bn), Hindalco Industries (INR2.02bn) and Larsen & Toubro (INR1.37bn). *HDFC AMC & Cadila Healthcare were new entrants* in the portfolio and *Complete exits were Indigo and Symphony.*

*DSP BR MF's* *significant additions* were Emami (INR1.4bn), Axis Bank (INR1.21bn) and Dabur India (INR1bn). The fund reduced exposure to Bajaj Finance (INR2.52bn), Hindustan Unilever (INR1.41bn) and Kotak Mahindra Bank (INR1.36bn). *Dabur & Vmart Retail* were *new entrants* in the portfolio while *Colgate and Indoco Remedies* were *complete exits*. 

*Franklin Templeton MF's* *significant additions* were Tata Steel (INR0.93bn), RBL Bank (INR0.72bn) and National Aluminium Company (INR0.69bn). The fund reduced exposure to HDFC Bank (INR1.31bn), Bata India (INR1.11bn) and Kotak Mahindra Bank (INR1.06bn). *RBL Bank and HDFC AMC* were *new entries* while *Him Techno* was a complete exit.

*HDFC MF's major additions* were ITC (INR5.14bn), Infosys (INR2.38bn) and NTPC (INR1.38bn).It's major reductions were HDFC Bank (INR1.06bn), Prism Johnson (INR0.79bn) and State Bank Of India (INR0.78bn). *New entries7 included *Inox Leisure and V-Guard* while *complete exits* were *VIP Industries* and *National Aluminum Company*.

*ICICI Pru MF's major additions* were Bharti Airtel (INR5.64bn), NTPC (INR4.76bn) and State Bank Of India (INR4.28bn). It's major reductions were Maruti Suzuki India (INR6.78bn), Infosys (INR6.26bn) and Reliance Industries (INR4.35bn). *HDFC Asset Management Company* and *Aster DM Healthcare* were *new entries* while *Orient Refractories* was a *complete exit.*

*Reliance Nippon MF's major additions* were Bank Of Baroda (INR3.27bn), ITC (INR2.76bn) and Hindustan Petroleum Corporation (INR1.99bn). It's major reductions were Divis Laboratories (INR2.06bn), Housing Development Finance Corporation (INR2bn) and HDFC Bank (INR1.47bn). *Fresh entries* included *TCNS Clothing* and *AU Small Finance Bank*. *Complete exits* were *SKF India* and *Dewan Housing Fin*.

*SBI MF's major additions* were ITC (INR2.64bn), Housing Development Finance Corporation (INR2.43bn) and Infosys (INR1.97bn). The fund reduced exposure to HCL Technologies (INR2.19bn), Jubilant FoodWorks (INR1.35bn) and Bandhan Bank (INR0.87bn). *New entrants* included *HDFC AMC* and *JK Cement. Granuels* was a *complete exit*.