Goodyear India and Neyveli Lignite Corporation were the 2 stocks picked by IDBI Mutual Fund during August 2014 under its various schemes. On the other hand, the fund house exited completely from Apollo Tyres and IL&FS Transportation Networks in August.
Meanwhile, IDBI MF has added shares of Tata Global Beverages, Mahindra & Mahindra Financial Services, Zee Entertainment Enterprises and 73 other stocks during August.
IDBI MF has reduced holding in Hindustan Petroleum Corporation, Axis Bank, Bharat Petroleum Corporation, HDFC Bank and 48 other stocks in August.
| New Buy | No. of shares purchased in August 14 |
| Goodyear India | 517 |
| Neyveli Lignite Corporation | 16461 |
| | | | |
| Complete Exit | No. of shares sold in August 14 |
| Apollo Tyres | 40000 |
| IL&FS Transportation Networks | 25000 |
| | | | |
| Top 10 Additions | July'14 | Aug'14 | Change in No. of Shares |
| Tata Global Beverages | 187921 | 116717 | 71204 |
| M&M Financial Services | 73017 | 17200 | 55817 |
| Zee Entertainment Enterprises | 90704 | 58994 | 31710 |
| Jindal Steel & Power | 40423 | 10306 | 30117 |
| Power Finance Corporation | 37485 | 22414 | 15071 |
| I T C | 233417 | 222631 | 10786 |
| Tata Chemicals | 21711 | 11184 | 10527 |
| Shriram Transport Finance | 15977 | 10473 | 5504 |
| Reliance Communications | 64583 | 61880 | 2703 |
| Federal Bank | 55741 | 53173 | 2568 |
| | | | |
| Top 10 Reductions | July'14 | Aug'14 | Change in No. of Shares |
| HPCL | 10785 | 35288 | -24503 |
| Axis Bank | 117750 | 137222 | -19472 |
| BPCL | 17553 | 33471 | -15918 |
| H D F C Bank | 122377 | 133146 | -10769 |
| Greaves Cotton | 50000 | 60000 | -10000 |
| Coal India | 18470 | 28262 | -9792 |
| T V S Motor Company | 419593 | 428032 | -8439 |
| Tata Steel | 51492 | 59277 | -7785 |
| Sun Pharma | 75819 | 82565 | -6746 |
| Colgate-Palmolive (India) | 43111 | 48732 | -5621 |
