Kotak Mahindra Balance Unit Scheme 99

As of Mar 2018, Kotak Mahindra Balance Unit Scheme 99 — an institution tracked through public shareholding filings — disclosed 7 holdings in Indian listed companies worth ₹887 crore. The same holdings-at-filing-value basis put it at ₹530 crore in Dec 2017 (+67.3%). Solomo carries these filings back to Sep 2016.

Largest disclosed positions in Mar 2018: ICICI Lombard General Insurance Company Ltd (ICICIGI — 1.15% of the company, ₹415 crore); Thermax Ltd (THERMAX — 1.28% of the company, ₹173 crore); Finolex Cables Ltd (FINCABLES — 1.10% of the company, ₹109 crore); BEML Ltd (BEML — 4.98% of the company, ₹88 crore); VST Tillers Tractors Ltd (VSTTILLERS — 2.69% of the company, ₹58 crore). Those 5 account for 95% of the disclosed value.

Changes in the Mar 2018 filings: newly disclosed — ICICI Lombard General Insurance Company Ltd. Stake raised in BEML Ltd (+0.24 pp), Thermax Ltd (+0.21 pp), Laurus Labs Ltd (+0.05 pp). Stake reduced in VST Tillers Tractors Ltd (−0.29 pp), Finolex Cables Ltd (−0.05 pp). No longer disclosed after the previous quarter: Mcleod Russel India Ltd — which can mean a sale, a stake falling below the 1% disclosure line, or that name not filing this quarter.