Stocks with smaller market capitalization witnessed a roller coaster ride over the last one year in comparison to the larger ones. For instance, the index that represents the microcap space - Nifty Microcap 250 index fell by more than two percent past year while the Nifty 50 index gained by 1 percent. Microcap stocks are quite risky, but also have the potential to deliver high returns. Fund managers apply various parameter to choose microcap stocks that have the potential to outperform over the long term. Here are the most popular microcap stocks among the Portfolio Management Services (PMS) managers. Data is as on March 31, 2023. Most of them are likely to be multibaggers in future. Stocks with market capitalization less than Rs 2,000 crore are considered microcaps. Source: Finalyca – PMSBazaar.
2/16
Mayur Uniquoters Latest M-CAP (Full): Rs 1,846 crore No. of PMS strategies that hold the stock currently: 9 Sample of PMS strategies that hold the stocks: PGIM India - Phoenix Portfolio and Carnelian Capital - Shift Strategy
3/16
Hil Latest M-CAP (Full): Rs 1,810 crore No. of PMS strategies that hold the stock currently: 9 Sample of PMS strategies that hold the stocks: Care PMS - Growth Plus Value Strategy and Abakkus - Emerging Opportunities
4/16
Fairchem Organics Latest M-CAP (Full): Rs 1,190 crore No. of PMS strategies that hold the stock currently: 9 Sample of PMS strategies that hold the stocks: Tamohara – TRUFFLE and Green Portfolio - MNC Advantage
Camlin Fine Sciences Latest M-CAP (Full): Rs 2,001 crore No. of PMS strategies that hold the stock currently: 7 Sample of PMS strategies that hold the stocks: Centrum PMS – Micro and ICICI Prudential - Pipe Portfolio
7/16
Carysil Latest M-CAP (Full): Rs 1,455 crore No. of PMS strategies that hold the stock currently: 7 Sample of PMS strategies that hold the stocks: Achintya - India Growth Opportunities Fund and SMC Global - Growth
8/16
Mirza International Latest M-CAP (Full): Rs 484 crore No. of PMS strategies that hold the stock currently: 7 Sample of PMS strategies that hold the stocks: Negen Capital - Special Situations & Technology Fund and Shade - Value Fund
CARE Ratings Latest M-CAP (Full): Rs 1,908 crore No. of PMS strategies that hold the stock currently: 6 Sample of PMS strategies that hold the stocks: Asit C Mehta - Ace Multicap and JM Financial - India Resurgent Portfolio Series III
10/16
Amrutanjan Health Care Latest M-CAP (Full): Rs 1,681 crore No. of PMS strategies that hold the stock currently: 6 Sample of PMS strategies that hold the stocks: Ambit Investment Advisors - Emerging Giants and Marcellus - Little Champs
11/16
Styrenix Performance Materials Latest M-CAP (Full): Rs 1,256 crore No. of PMS strategies that hold the stock currently: 6 Sample of PMS strategies that hold the stocks: Green Portfolio - MNC Advantage and MRG Capital - Wealth Enhancer
12/16
VST Tillers Tractors Latest M-CAP (Full): Rs 1,964 crore No. of PMS strategies that hold the stock currently: 5 Sample of PMS strategies that hold the stocks: PGIM India - Core Equity Portfolio- and Care PMS - Growth Plus Value Strategy
13/16
MPS Latest M-CAP (Full): Rs 1,827 crore No. of PMS strategies that hold the stock currently: 5 Sample of PMS strategies that hold the stocks: Counter Cyclical - Diversified Long Term Value and BADJATE STOCK & SHARES - AGGRESSIVE
14/16
RPG Life Sciences Latest M-CAP (Full): Rs 1,151 crore No. of PMS strategies that hold the stock currently: 5 Sample of PMS strategies that hold the stocks: InCred Capital - Healthcare PMS and Bonanza - Value
15/16
Repco Home Finance Latest M-CAP (Full): Rs 1,124 crore No. of PMS strategies that hold the stock currently: 5 Sample of PMS strategies that hold the stocks: ICICI Prudential - Pipe Portfolio and Nippon - Indian Economic Transformation - ETP
16/16
Heranba Industries Latest M-CAP (Full): Rs 1,118 crore No. of PMS strategies that hold the stock currently: 5 Sample of PMS strategies that hold the stocks: SMC Global – Growth and Reliance - EBOP