As the boundaries of large-cap funds are tightly set by the mutual fund investment rules (the 100 largest listed companies by market capitalisation), it is difficult for them to outperform benchmark indices and peers continuously. What’s the way out? All large-cap funds can invest up to 20 percent in mid-cap stocks; here’s where the alpha comes from. Here are the top newly added midcap stocks among the 31 active large-cap funds.( Portfolio data as of December 2023)
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Hero MotoCorp Number of large-cap funds that held the stock: 3 Who added: Bank of India Bluechip and Kotak Bluechip