| WHAT's hot with funds | |
| Smart Investor Team | |
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Most of the top performers in the equity diversified category soared to glory on the back of mid-cap stocks. As far as sectoral preferences go, funds increased exposure to the pharma sector the maximum, followed by oil & gas, engineering and banks. Meanwhile, funds pared holdings in gems & jewellery, auto and auto ancillaries, and computer software and shipping sectors. Among the stocks where funds have increased allocation the most are TCS, ONGC, Punjab National Bank and Jaiprakash Industries. The leading stocks where funds have reduced exposure are Grasim Industries, Satyam Computers, Hero Honda, ACC, BPCL and HPCL.
The stocks that saw the maximum number of schemes investing in them were all large-cap bluechips such as Infosys, SBI, Reliance Industries, ONGC and Bhel. The favourite stocks one year back in order of preference were Reliance Industries, Infosys, SBI, Satyam and ONGC.
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