ICICI Pru Infrastructure Fund has made huge buying and selling in the month of March. The scheme increased its weightage to oil and telecom stocks while reduced in power, banking, engineering, cement and auto sectors. The weightage to oil and gas sector has increased by 6.4% as the scheme has made fresh buying of 13.73 lakh shares of Reliance, which has corrected nearly 35% from its 52-week high and 0.75 lakh shares of Aban Offshore. RIL has hit a low of Rs 2120 in the month of March and is the top holding counter in the scheme. However, it has sold 12.4 lakh shares of Cairn India and 3.5 lakh shares of HPCL, and exited ONGC.
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