12 micro-cap multibaggers that conservative retirement oriented MFs love to hold. Do you own any?

Mutual funds schemes offering retirement solution are structured to suit the needs of investors based on their risk profile and life stage. Currently, there are 12 AMCs offering 29 plans investing in a mix of equity and debt. As mandated, the amount invested in these schemes are subject to a lock-in period of five years or till retirement age, whichever is earlier. The five year lock-in provides leeway to the fund managers of these schemes to buy and hold stocks for long term. Despite their conservative nature, many fund managers go beyond the largecap, midcap and smallcap spaces and select stocks from the micro-cap universe. Here are top microcap stocks among the retirement oriented mutual fund schemes. Stocks with the market capitalisation of below Rs 3,000 crore are considered as micro-caps. Only stocks that are held by at least two retirement oriented schemes are considered. Data as of July 2024. Source: ACEMF.

SJS Enterprises
Number of retirement-oriented funds holding the stock: 4
M-CAP (BSE Full): Rs 2,713 crore
Sector: Auto Ancillary

See here: How the government-run Atal Pension Yojana assures pension for the working poor: Explained

Astec Lifesciences
Number of retirement-oriented funds holding the stock: 3
M-CAP (BSE Full): Rs 2, 364crore
Sector: Pesticides & Agrochemicals

Also see: Mid-caps beat small-caps in the long term. Here are top performing mid-cap funds

Praveg
Number of retirement-oriented funds holding the stock: 3
M-CAP (BSE Full): Rs 2, 075 crore
Sector: Professional Services

Nilkamal
Number of retirement-oriented funds holding the stock: 2
M-CAP (BSE Full): Rs 2,886 crore
Sector: Plastic Products

Goodyear India
Number of retirement-oriented funds holding the stock: 2
M-CAP (BSE Full): Rs 2,818 crore
Sector: Tyres & Allied

Also see: 7 Midcap stocks that the government run pension schemes love to hold

Lumax Industries
Number of retirement-oriented funds holding the stock: 2
M-CAP (BSE Full): Rs 2,725 crore
Sector: Auto Ancillary

Divgi Torqtransfer Systems
Number of retirement-oriented funds holding the stock: 2
M-CAP (BSE Full): Rs 2,044 crore
Sector: Engineering

Also see: Top healthcare stocks that keep mutual funds in the pink of health

Tamil Nadu Newsprint & Papers
Number of retirement-oriented funds holding the stock: 2
M-CAP (BSE Full): Rs 1,811 crore
Sector: Paper & Paper Products

GNA Axles
Number of retirement-oriented funds holding the stock: 2
M-CAP (BSE Full): Rs 1,808 crore
Sector: Auto Ancillary

Also see: 10 smallcap stocks that multi-asset allocation MFs love to hold

Popular Vehicles & Services
Number of retirement-oriented funds holding the stock: 2
M-CAP (BSE Full): Rs 1,720 crore
Sector: Automobiles - Dealers & Distributors

Sterling Tools
Number of retirement-oriented funds holding the stock: 2
M-CAP (BSE Full): Rs 1,426 crore
Sector: Fasteners

Oriental Carbon & Chemicals
Number of retirement-oriented funds holding the stock: 2
M-CAP (BSE Full): Rs 328 crore
Sector: Chemicals

Also see: Small- and mid-cap stocks powering the best-performing PMSes