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Some smallcap favourites of MFs wake up from long sleep, take big leaps. Do you have any?

Dhuraivel Gunasekaran | July 18, 2024 / 10:48 IST
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Fund managers use various checks and balances while selecting stocks for their portfolios. However, things do not go always according to plan. Many of these hand-picked stocks might not perform as predicted and might take longer to yield better results. Fund managers continue holding these stocks in their portfolio believing that these businesses may play out well in the future. Here are 12 stocks that had been moving sideways for over two years, have begun to rise noticeably over the past two months. Stocks that are part of the portfolio of actively managed equity schemes are considered for the study. Portfolio data as of June 30, 2024. Source: ACE MF.
Fund managers use various checks and balances while selecting stocks for their portfolios. However, things do not go always according to plans. Many of these hand-picked stocks might not perform as predicted and take longer to yield better results. Fund managers continue holding these stocks in their portfolio believing that these businesses may play out well in the future. Here are 12 stocks that had been moving sideways for over two years, but began making remarkable vertical rise over the past two months. Stocks that are part of the portfolio of actively managed equity schemes are considered for the study. Portfolio data as of June 30, 2024. [Source: ACE MF]
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2/13
Emami
AMFI m-cap rank: 276
No. of active schemes holding the stock: 65
3/13
Sudarshan Chemical Industries
AMFI m-cap rank: 718
No. of active schemes holding the stock: 19

Also see: Midcap and smallcap funds: How should retail investors approach them?
4/13
Shilpa Medicare
AMFI m-cap rank: 745
No. of active schemes holding the stock: 15
5/13
Styrenix Performance Materials
AMFI m-cap rank: 872
No. of active schemes holding the stock: 5
6/13
SMS Pharmaceuticals
AMFI m-cap rank: 1156
No. of active schemes holding the stock: 2

Also see: How US-focused MFs topped the return charts
7/13
Godrej Agrovet
AMFI m-cap rank: 460
No. of active schemes holding the stock: 2
8/13
Suven Life Sciences
AMFI m-cap rank: 970
No. of active schemes holding the stock: 2
9/13
Kaveri Seed Company
AMFI m-cap rank: 751
No. of active schemes holding the stock: 1

Also see: Top microcaps upgraded to smallcaps category on AMFI list. Do you own any?
10/13
GE Power India
AMFI m-cap rank: 1025
No. of active schemes holding the stock: 1
11/13
Firstsource Solutions
AMFI m-cap rank: 396
No. of active schemes holding the stock: 27
12/13
Natco Pharma
AMFI m-cap rank: 327
No. of active schemes holding the stock: 10
13/13
Honeywell Automation India
M-CAP Type: Mid Cap
AMFI m-cap rank: 194
No. of active schemes holding the stock: 75

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Also see: Record inflows: Top 10 stocks that MFs shopped big for in past 6 months
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First published: Jul 18, 2024 07:00 am

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