Contra Funds

Inclusion in derivative segment will lead to increased liquidity in these stocks. These stocks may also witness higher trading volume as arbitrage funds, who take contra positions in the derivative and the cash segment of a share to benefit out of the mispricing, are likely to participate in these stocks.

Exits from Reliance Industries, CiplaL&T Contra Fund (G) took fresh exposures to seven stocks in May 2010. The scheme had purchased 7280 units (2.63%) of Jubilant Organosys, 7490 units (2.20%) of Sintex Industries, 9294 units (2.12%) of Gujarat State Fertilizers & Chemicals and 6507 units (2.04%) of McNally Bharat Engineering Company among others i...

Exits from Punj LloydSBI Magnum SFU – Contra Fund (G) took fresh exposure to four stocks in May 2010. The scheme had purchased 5.03 lakh units (0.29%) of Gammon India, 50226 units (0.26%) of Grasim Industries and 1.21 lakh units (0.11%) of Kesoram Industries among others in May 2010. The scheme has exited from one stock in May 2010. It exited com...

Exits from Zee News, Aditya Birla NuvoING Contra Fund (G) took fresh exposure to two stocks in April 2010. The scheme had purchased 18982 units (3.60%) of Zee Entertainment Enterprises and 1200 units (1.87%) of Bharat Heavy Electricals in April 2010. The scheme had exited from six stocks in April 2010. It exited completed from Zee News by selling 8...

Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

Exits from ABG Shipyard, ThermaxING Contra Fund (G) took fresh exposure to four stocks in September 2009. The scheme had purchased 30000 units (4.16%) of Hindustan Unilever, 12000 units (2.09%) of Koutons Retail India, 15000 units (1.76%) of Jetking Infotrain and 9000 units (1.34%) of Tata Chemicals in September 2009. The scheme exited completely f...

Exits from Reliance Communication, Everest Kanto CyclinderING Contra Fund (G) took fresh exposure to three stocks in November 2009. The scheme had purchased 2092 units (2.12%) of HDFC Bank, 11996 units (1.99%) of India Oil Corporation and 11966 units (1.76%) of ITC in November 2009. The scheme exited completely from Reliance Communication by sellin...

Exits from ICICI Bank, Reliance PowerReligare Contra Fund (G) took fresh exposure to three stocks in November 2009. The scheme had purchased 1514 units (1.03%) of Bosch, 49545 units (1%) of Lakshmi Energy & Foods among others in November 2009. The scheme exited completely from ICICI Bank by selling 15664 units (1.85%), Reliance Power by selling 603...

Exits from Bharat Heavy Electricals, Max IndiaDBS Chola Contra Fund (G) took fresh exposure to nine stocks in December 2009. The scheme had purchased 10003 units (1.46%) of HCL Infosystems, 19485 units (1.44%) of SREI Infrastructure Finance, 9978 units (1.32%) of EIH and 3506 units (1.24%) of Piramal Healthcare among others in December 2009. The sc...

Tata Mutual Fund has announced the declaration of dividend on the face value of Rs 10 per unit under dividend option of Tata Contra Fund. The record date for dividend has been fixed as 18 June 2010. The quantum of dividend will be Rs 1 per unit. The NAV of the scheme stood at Rs 14.7931 per unit as on 10 June 2010. Tata Contra Fund is an open ended...

Inclusion in derivative segment will lead to increased liquidity in these stocks. These stocks may also witness higher trading volume as arbitrage funds, who take contra positions in the derivative and the cash segment of a share to benefit out of the mispricing, are likely to participate in these stocks.

Exits from Reliance Industries, CiplaL&T Contra Fund (G) took fresh exposures to seven stocks in May 2010. The scheme had purchased 7280 units (2.63%) of Jubilant Organosys, 7490 units (2.20%) of Sintex Industries, 9294 units (2.12%) of Gujarat State Fertilizers & Chemicals and 6507 units (2.04%) of McNally Bharat Engineering Company among others i...

Exits from Punj LloydSBI Magnum SFU – Contra Fund (G) took fresh exposure to four stocks in May 2010. The scheme had purchased 5.03 lakh units (0.29%) of Gammon India, 50226 units (0.26%) of Grasim Industries and 1.21 lakh units (0.11%) of Kesoram Industries among others in May 2010. The scheme has exited from one stock in May 2010. It exited com...

Exits from Zee News, Aditya Birla NuvoING Contra Fund (G) took fresh exposure to two stocks in April 2010. The scheme had purchased 18982 units (3.60%) of Zee Entertainment Enterprises and 1200 units (1.87%) of Bharat Heavy Electricals in April 2010. The scheme had exited from six stocks in April 2010. It exited completed from Zee News by selling 8...

Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

Exits from ABG Shipyard, ThermaxING Contra Fund (G) took fresh exposure to four stocks in September 2009. The scheme had purchased 30000 units (4.16%) of Hindustan Unilever, 12000 units (2.09%) of Koutons Retail India, 15000 units (1.76%) of Jetking Infotrain and 9000 units (1.34%) of Tata Chemicals in September 2009. The scheme exited completely f...

Exits from Reliance Communication, Everest Kanto CyclinderING Contra Fund (G) took fresh exposure to three stocks in November 2009. The scheme had purchased 2092 units (2.12%) of HDFC Bank, 11996 units (1.99%) of India Oil Corporation and 11966 units (1.76%) of ITC in November 2009. The scheme exited completely from Reliance Communication by sellin...

Exits from ICICI Bank, Reliance PowerReligare Contra Fund (G) took fresh exposure to three stocks in November 2009. The scheme had purchased 1514 units (1.03%) of Bosch, 49545 units (1%) of Lakshmi Energy & Foods among others in November 2009. The scheme exited completely from ICICI Bank by selling 15664 units (1.85%), Reliance Power by selling 603...

Exits from Bharat Heavy Electricals, Max IndiaDBS Chola Contra Fund (G) took fresh exposure to nine stocks in December 2009. The scheme had purchased 10003 units (1.46%) of HCL Infosystems, 19485 units (1.44%) of SREI Infrastructure Finance, 9978 units (1.32%) of EIH and 3506 units (1.24%) of Piramal Healthcare among others in December 2009. The sc...

Tata Mutual Fund has announced the declaration of dividend on the face value of Rs 10 per unit under dividend option of Tata Contra Fund. The record date for dividend has been fixed as 18 June 2010. The quantum of dividend will be Rs 1 per unit. The NAV of the scheme stood at Rs 14.7931 per unit as on 10 June 2010. Tata Contra Fund is an open ended...