Mid-Cap Multibaggers that retirement goal Mutual Fund schemes chase

Retirement schemes offered by mutual funds aim to build a nest egg for investors for their retired life. There are 27 schemes targeted specifically at the retirement goal, that invest in a mix of equity and debt. Due to the long-term mandate of retirement, many fund managers hunt for multibaggers in mid-cap stocks. Here are most popular mid-cap stocks among the retirement oriented mutual fund schemes. Data as of December 2023. Source: ACEMF.

Zee Entertainment Enterprises
Number of retirement oriented funds holding the stock: 11
Sample of funds holding the stock: Tata Retirement Sav Fund - Prog and ICICI Pru Retirement Fund-Pure Equity

Dixon Technologies (India)
Number of retirement oriented funds holding the stock: 10
Sample of funds holding the stock: Nippon India Retirement Fund-Wealth Creation and Aditya Birla SL Retirement Fund-30

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Jubilant FoodWorks
Number of retirement oriented funds holding the stock: 9
Sample of funds holding the stock: Tata Retirement Sav Fund - Prog and ICICI Pru Retirement Fund-Hybrid Aggressive

Timken India
Number of retirement oriented funds holding the stock: 9
Sample of funds holding the stock: SBI Retirement Benefit Fund-Aggressive and Aditya Birla SL Retirement Fund-30

The Phoenix Mills
Number of retirement oriented funds holding the stock: 8
Sample of funds holding the stock: SBI Retirement Benefit Fund-Aggressive and Axis Retirement Savings Fund-Dynamic

Hero MotoCorp
Number of retirement oriented funds holding the stock: 8
Sample of funds holding the stock: ICICI Pru Retirement Fund-Pure Equity and Axis Retirement Savings Fund-Conservative

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Endurance Technologies
Number of retirement oriented funds holding the stock: 8
Sample of funds holding the stock: SBI Retirement Benefit Fund-Aggressive and Union Retirement

Sona BLW Precision Forgings
Number of retirement oriented funds holding the stock: 8
Sample of funds holding the stock: SBI Retirement Benefit Fund-Aggressive and Nippon India Retirement Fund-Wealth Creation

HDFC Asset Management Company
Number of retirement oriented funds holding the stock: 7
Sample of funds holding the stock: SBI Retirement Benefit Fund-Aggressive and Nippon India Retirement Fund-Wealth Creation

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AIA Engineering
Number of retirement oriented funds holding the stock: 7
Sample of funds holding the stock: SBI Retirement Benefit Fund-Aggressive Hybrid and ICICI Pru Retirement Fund-Hybrid Aggressive

Gland Pharma
Number of retirement oriented funds holding the stock: 7
Sample of funds holding the stock: ICICI Pru Retirement Fund-Pure Equity and Nippon India Retirement Fund-Wealth Creation.

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