Mid-Cap Multibaggers that retirement goal Mutual Fund schemes chase
There are 27 mutual fund schemes specifically aimed at building a neat retirement kitty. Despite the conservative goal, most of these schemes are targeted for long-term planning. And hence, invest significantly in mid-cap stocks
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.
2/12
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
3/12
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
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
6/12
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
7/12
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
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
10/12
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
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
12/12
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.
