Long-term wealth creation | Here are the small-cap stocks that children-oriented mutual funds love to hold

Mutual funds have been a preferred destination for investors wanting to build a corpus for their long-term goals like retirement and children’s future. Falling under the solution-oriented category, there are 11 schemes designed to offer children’s plans with various options, across equity and debt portfolios. They are open-ended schemes with a lock-in period of at least five years or till the child attains the age of majority (whichever is earlier). The compulsory lock-in helps create a corpus for the long haul. Within the category, ten schemes are equity-related funds investing in equities in the range of 20 percent to 98 percent. Here is the list of top small-cap stocks held by these schemes. They are mostly held for the long term. Portfolio data was as of March 31, 2023. Source: ACEMF.

Gokaldas Exports
Number of children-oriented funds that hold the stock: 4
Sample of children-oriented funds that hold the stock: SBI Magnum Children's Benefit Fund-Investment and LIC MF Children's Gift Fund

Carborundum Universal
Number of children-oriented funds that hold the stock: 4
Sample of children-oriented funds that hold the stock: UTI CCF- Investment and HDFC Children's Gift Fund

Aether Industries
Number of children-oriented funds that hold the stock: 3
Sample of children-oriented funds that hold the stock: SBI Magnum Children's Benefit Fund-Investment and Aditya Birla SL Bal Bhavishya Yojna

MTAR Technologies
Number of children-oriented funds that hold the stock: 3
Sample of children-oriented funds that hold the stock: Axis Children's Gift Fund-Compulsory Lock-in and UTI CCF- Investment Plan
Also see: 14 new midcap stocks picked up by PMS managers, lately

Aster DM Healthcare
Number of children-oriented funds that hold the stock: 2
Children-oriented funds that hold the stock: HDFC Children's Gift and Aditya Birla SL Bal Bhavishya Yojna

Archean Chemical Industries
Number of children-oriented funds that hold the stock: 2
Children-oriented funds that hold the stock: SBI Magnum Children's Benefit Fund-Investment and SBI Magnum Children's Benefit Fund-Savings Plan

Dodla Dairy
Number of children-oriented funds that hold the stock: 2
Children-oriented funds that hold the stock: SBI Magnum Children's Benefit Fund-Investment and SBI Magnum Children's Benefit Fund-Savings Plan

Ajanta Pharma
Number of children-oriented funds that hold the stock: 2
Children-oriented funds that hold the stock: UTI CCF- Investment and UTI CCF - Savings Plan

Karur Vysya Bank
Number of children-oriented funds that hold the stock: 2
Children-oriented funds that hold the stock: SBI Magnum Children's Benefit Fund-Investment and Tata Young Citizen Fund

CESC
Number of children-oriented funds that hold the stock: 2
Children-oriented funds that hold the stock: UTI CCF- Investment and UTI CCF - Savings Plan

PVR Inox
Number of children-oriented funds that hold the stock: 2
Children-oriented funds that hold the stock: SBI Magnum Children's Benefit Fund-Investment and ICICI Pru Child Care Fund-Gift Plan

Can Fin Homes
Number of children-oriented funds that hold the stock: 2
Children-oriented funds that hold the stock: UTI CCF- Investment and UTI CCF - Savings Plan
Also read: Market CAP below Rs 200 crore, but these nanocap multibaggers remain PMS darlings

Firstsource Solutions
Number of children-oriented funds that hold the stock: 2
Children-oriented funds that hold the stock: UTI CCF- Investment and UTI CCF - Savings Plan

Jamna Auto Industries
Number of children-oriented funds that hold the stock: 2
Children-oriented funds that hold the stock: UTI CCF- Investment and UTI CCF - Savings Plan

Neogen Chemicals
Number of children-oriented funds that hold the stock: 2
Children-oriented funds that hold the stock: SBI Magnum Children's Benefit Fund-Investment and Axis Children's Gift Fund-Compulsory Lock in
Also see: Roaring multi-asset mutual funds bet on these midcap stocks. Do you own any?