Here are the top small-cap stock picks of PMS firms amid market correction

Volatile capital markets have not deterred smart fund managers from chasing small-sized stocks.

The domestic equity market has been on a roller- coaster ride over the last two months. Stocks across market capitalisation segments registered a decline. For instance, NIFTY 50 – TRI, Nifty Midcap 150 – TRI, Nifty Smallcap 250 – TRI and Nifty Microcap 250 – TRI delivered -8.6 per cent, -8.7 per cent, -8.2 per cent and -7.7 per cent, respectively, from their last peak on September 26, 2024.

Market volatility gives fund managers a golden opportunity  to find undervalued, high-quality stocks. Here are the top small-cap stocks that were picked by fund managers of the Portfolio Management Service (PMS) companies in October, as per the Finalyca–PMSBazaar data.

Epack Durable

• Sector: Household Appliances


• Market capitalisation (BSE – Full): Rs 3,774 crore


• No. of PMS strategies that bought the stock: 5


• Sample of PMS strategies that added the stock recently: Badjate stock & shares — aggressive

Also see: Stocks where top mid-cap and small-cap MFs redeployed cash

Angel One

• Sector: Stockbroking & Allied


• Market capitalisation (BSE – Full): Rs 24,292 crore


• No. of PMS strategies that bought the stock: 4


• Sample of PMS strategies that added the stock recently: WhiteOak Capital Business Leaders

Whirlpool of India

• Sector: Household Appliances


• Market capitalisation (BSE – Full): Rs 22,397 crore


• No. of PMS strategies that bought the stock: 4


• Sample of PMS strategies that added the stock recently: Motilal Oswal - Ethical