In August, leading fund managers adopted theme-centric approach in adding fresh stocks in their portfolios. These themes are quite diverse and are likely to play out in the next two to five years, which shows that these fund managers are interested in long-term structural stories.Structural themes such as defence, rural recovery, and increasing online buying are expected to boost earnings of players which have well-penetrated and established operations. Here is a list of such companies which have caught the attention of fund managers in August.
COCHIN SHIPYARD
Bought by: HDFC MF Reliance MF CMP: Rs 541 Market Capitalisation: Rs 7,366 crore
State-govt (Kerala)-owned ship manufacturing and repairing company Cochin Shipyard is a proxy play on India's defence industry.
