NTPC, ICICI Bank most traded by MFs in Oct`07

NTPC and ICICI Bank witnessed much activity among the mutual fund portfolios in the month of October 2007 .

NTPC was picked up by Reliance Equity Advantage Fund - Retail (4,990,015 Shares), UTI Index Select Equity Fund (1,825,224 shares), UTI Mastergrowth 93 (700,000 shares). And the same was sold by Morgan Stanley Growth Fund (2068925 shares), DSP Merrill Lynch Equity Fund - Regular (770022 shares), ICICI Prudential Equity and Derivatives Fund - Wealth Optimiser - Regular (503,086 shares).

ICICI Bank was preferred by Bank BeES (1,698,748 shares), HDFC Equity Fund (1450,000 shares), Franklin India Flexi Cap Fund (663,271 shares) and was sold by Franklin India High Growth Companies Fund (408,283 shares), ICICI Prudential Dynamic Plan (400,000 shares) and DSP Merrill Lynch Equity Fund - Regular (253,692 shares).

Reliance Communications, RIL, ONGC, Bajaj Auto and Grasim Industries were the other most bought shares and HUL, Ambuja Cements, ITC, Satyam Computer Services and REL were the most sold shares in October 2007.