Fund managers' top picks in September show unique names. Castrol India, automobile lubricant firm, topped the chart as fund managers pumped in Rs 1,088 crore, lapping up 23 million shares. With UK-based energy firm BP selling 8.5 per cent stake in Castrol India in September, fund managers bought the shares.
Reliance Nippon Mutual Fund, ICICI Prudential AMC, and UTI Mutual Fund bought the most in Castrol. ICICI Prudential Life Insurance was the second-most hot stock while State Bank of India continued to be among the top picks in September.
Zee Entertainment was the most liquidated stock. Infosys, among the most-owned in fund managers' portfolio, was the second-most sold counter. Reliance Industries, YES Bank, and Oil and Natural Gas Corporation remained most sold by fund managers.