Roughly 95 percent of 427 active mutual funds own 382 stocks, as per data compiled by Accord Fintech and shared by Capitalmind. We take a look at which smallcaps are attracting fund managers.
2/11
V-mart, with a market cap of Rs 3,786 crore, is the smallest among the 382 companies held by about 95% of mutual funds, with roughly 34 MFs having a stake in it. Despite the rally in the local equities, the stock fell 33 percent so far this year.
DCB Bank has a market capitalization of Rs 3,823 crore, and it's held by 28 mutual funds. Year to date, it is down 4.5 percent while since April it gained nearly 20 percent.
4/11
TD Power Systems has an MCap of Rs 3,937 crore, and approximately 30 mutual funds have a stake in the stock. The stock surged, gaining more than 113% this year.
5/11
Neogen Chemicals has a market capitalisation of Rs 4,218 crore and is held by 19 mutual funds. Year to date, it is up 38 percent.
6/11
Kirloskar Pneumatic has a market capitalization of Rs 4,300 crore and is held by 20 mutual funds. The stock is up over 15 percent year to date while since July it is down nearly 4 percent.
7/11
TeamLease Services has a market capitalization of Rs 4,343 crore and is held by 43 mutual funds. The stock is up just 3 percent year to date while since April it jumped nearly 22 percent.
8/11
Voltamp Transformers is held by 18 mutual funds, and its current market capitalization stands at Rs 4,485 crore. The stock doubled from January to August but saw a 25% decline in September and October.
Gateway Distriparks has a market capitalisation of Rs 4,510 crore and is held by 22 mutual funds. Year to date, it is up 32 percent.
10/11
Greenpanel Industries has a market capitalization of Rs 4,707 crore and is held by 17 mutual funds. It gained just 12 percent so far this year while since April it is up nearly 40 percent.
11/11
Orient Electric has a market capitalisation of Rs 4,722 crore and is held by 36 mutual funds. The stock lost around 15 percent this year.