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Kotak Mahindra MF picks pharma, chemical; sells engg, media

Thursday 11th Aug 2011 1376

Mumbai : Kotak Mahindra Mutual Fund has enhanced its coverage in pharmaceuticals, consumer non-durables and chemicals sector. However, it reduced its exposure in engineering & capital goods, cement & construction and Media & Entertainment sector.

Motherson Sumi Systems, Exide Industries and Mundra Port were top buys, while Sintex Industries, SJVN and ONGC were top sells by the fund.

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