Mutual fund positioning: Feb 2014

We are trying to figure out if tracking mutual fund purchase and sell decisions can help us be better investors. What fund managers do, vs. what they say, can provide insights into their decision making process. Here are their biggest moves in February this year:

Added on aggregate
M&M
TATAMOTORS
SBIN
CADILAHC
TCS
GODFRYPHLP
KOTAKBANK
LUPIN
ADANIPORTS
IGL
Removed on aggregate
MCDOWELL-N
NESTLEIND
BHARTIARTL
BANKBARODA
SSLT
CAIRN
IDEA
HDFCBANK
OFSS
ABIRLANUVO

Five month aggregates

mf removed

Reversals: Reliance(+), Bank of Baroda(–), Petronet(+)

mf added

Reversals: TCS(+), State Bank of India(+), Titan(+), Cadila Healthcare(+)
 
 
NOTE:

  • Only open ended funds that were in the “accumulation” phase were considered
  • Funds named “growth” and with the “direct” option alone were considered
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Transferring Your Holdings to Your New Account

To bring your existing holdings over to your new account, you will need to execute what is called an “Off Market Transfer.” This will be initiated by you, with your old broker.

  1. Obtain a copy of your Client Master Record (CMR) from Composite Investments (signed and sealed.)
  2. Attach the CMR to the demat account “close and transfer” form of your old broker.
  3. Submit these to your old broker along with your self-attested PAN card.

Once you submit the request for transfer to your old broker, it typically takes about two weeks before your positions are reflected in your new account.

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