Saturday, January 5, 2008

HSBC Advantage India Fund (G) Buys ITC, CESC

HSBC Advantage India Fund (G) took fresh exposure to four new stocks in November 2007. The scheme has purchased 15.90 lakh units (3.08%) of ITC, 3.25 lakh units (2.09%) of CESC, 4.16 lakh units (1.17%) of PVR and 1.35 lakh units (1.06%) of GVK Power & Infrastructure in November 2007. The scheme completely exited Patni Compauter Systems by selling 3.92 lakh units (1.64%), Advanta India by selling 91063 units (1.02%) in November 2007.

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