SBI Focused Equity held 63,00,000 shares in HDFC Bank | Jun’20

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Sponsored by ‘The State Bank of India’, SBI Mutual funds come under the SBI Funds Management Private Limited. They provide with the financial and other investment solutions and help in increasing the financial literacy. There are various schemes under the management; the changes in the number of shares held by the schemes in various companies (during the months of May 2020 and June 2020), are as follows:

SBI Long Term Equity Fund– In May’20, the scheme had 20,02,450 shares in Reliance Industries Ltd, which rose to 23,92,450. It decreased the shares in Ambuja Cements from 1,25,40,457 to 1,23,85,482. The number increase from 93,23,237 to 96,85,639 in State Bank of India. The shares in Kotak Mahindra Bank Ltd soared up from 9,85,959 to 16,58,982 in Jun’20. The fund grew the shares in the pharmaceutical company, Lupin Ltd, from 13,19,468 to 13,87,918. There was a reduction in the shares held in Sanofi India Ltd from 1,14,925 to 1,13,725. The quantity in The Federal Bank Ltd enlarged from 62,73,299 to 1,02,73,299.

SBI Equity Hybrid Fund– The fund reduced its shares in HDFC Bank Ltd in June 2020, from 1,70,00,000 to 1,50,00,000. The number in ITC Ltd rose from 3,57,32,914 to 3,70,00,000. In May’20, the schemes’ shares in ICICI Bank were at 2,10,00,000, which reduced to 1,90,00,000 in the latter month. The fund held about 40,00,000 in Kotak Mahindra Bank, which extended to 54,50,000 in Jun’20. Shares in Emami Ltd were lowered from 1,81,02,813 to 1,80,99,138.

SBI Large and Midcap Fund– It increased its shares in MRF Ltd from 10,000 to 12,800. In Bharat Forge Ltd, the shares through this scheme, magnified from 11,00,000 to 15,00,000. Quantity in Emami Ltd grew from 11,00,000 in May’20 to 17,99,984 in Jun’20.

SBI Healthcare Opportunities Fund– Shares in Sun Pharmaceutical Industries Ltd. upgraded from 24,00,000 to 25,00,000. It held 12,00,000 shares in Aurobindo Pharma Ltd, which later increased to 14,00,000. Quantity in Lupin Ltd went from 10,00,000 to 11,50,000. The scheme held 1,75,000 in Dr. Reddy’s Laboratories Ltd in May’20 and grew the shares to 2,20,000 in the latter month. Shares in Biocon Ltd rose from 9,00,000 to 10,60,000. The fund grew the quantity in Ajanta Pharma Ltd from 2,00,000 and 2,20,000. The shares in Narayana Hrudayalaya Ltd enhanced from 11,00,000 to 12,80,000. It decremented the numbers in Pfizer Ltd from 70,000 to 60,000. Sanofi India Ltd had 36,000 shares through this fund in May’20 and 30,000 in Jun’20. Shares in Natco Pharma Ltd rose from 4,00,000 to 4,80,000.

SBI Focused Equity Fund– This scheme lessened the shares in HDFC Bank Ltd from 70,00,000 to 63,00,000. The quantity in State Bank of India went from 4,00,00,000 to 3,30,00,000. The fund decreased the number from 24,00,000 to 23,00,000.


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