Retirement oriented mutual funds love these 15 small cap multibaggers

Like insurance companies, the retirement plans offered by mutual funds are structured to suit the needs of investors based on their risk profile and life stage. Currently, there are 11 AMCs offering 27 plans which are investing in a mix of equity and debt. Among these, only few schemes are eligible for tax deduction under section 80C of the Income Tax Act. Investments made in these schemes (including each SIP instalment) are subject to a lock-in period of five years or till retirement age, whichever is earlier. Such lock-in provides comfort to the fund managers of theses schemes to buy and hold stocks for long term. Despite their conservative nature, many fund managers go beyond the largecap stocks and prefer holding mid and smallcap stocks in their portfolio. Here are most popular smallcap stocks among the retirement oriented mutual fund schemes. Data as of December 2022. Source: ACEMF.

Nuvoco Vistas Corporation
Number of retirement oriented funds that hold the stock: 8
Sample of funds that hold the stock: ICICI Pru Retirement Fund-Pure Equity,
SBI Retirement Benefit Fund-Aggressive Hybrid and Franklin India Pension

Carborundum Universal
Number of retirement oriented funds that hold the stock: 7
Sample of funds that hold the stock: SBI Retirement Benefit Fund-Aggressive, LIC MF ULISand HDFC Retirement Savings Fund-Equity

V-Guard Industries
Number of retirement oriented funds that hold the stock: 7
Sample of funds that hold the stock: Axis Retirement Savings Fund-Dynamic, SBI Retirement Benefit Fund-Aggressive and Aditya Birla SL Retirement Fund-50

Craftsman Automation
Number of retirement oriented funds that hold the stock: 6
Sample of funds that hold the stock: Aditya Birla SL Retirement Fund-30, Aditya Birla SL Retirement Fund-40 and Tata Retirement Sav Fund - Prog

Symphony
Number of retirement oriented funds that hold the stock: 6
Sample of funds that hold the stock: Axis Retirement Savings Fund-Aggressive, Aditya Birla SL Retirement Fund-30 and HDFC Retirement Savings Fund-Equity

Cera Sanitaryware
Number of retirement oriented funds that hold the stock: 5
Sample of funds that hold the stock: Tata Retirement Sav Fund – Prog,
LIC MF ULIS and Union Retirement

TeamLease Services
Number of retirement oriented funds that hold the stock: 5
Sample of funds that hold the stock: SBI Retirement Benefit Fund-Aggressive, SBI Retirement Benefit Fund-Aggressive Hybrid and Franklin India Pension

Century Textiles & Industries
Number of retirement oriented funds that hold the stock: 4
Sample of funds that hold the stock: Aditya Birla SL Retirement Fund-30, Aditya Birla SL Retirement Fund-40 and ICICI Pru Retirement Fund-Hybrid Aggressive

Chalet Hotels
Number of retirement oriented funds that hold the stock: 4
Sample of funds that hold the stock: SBI Retirement Benefit Fund-Aggressive, SBI Retirement Benefit Fund-Aggressive Hybrid and SBI Retirement Benefit Fund-Conservative Hybrid

Esab India
Number of retirement oriented funds that hold the stock: 4
Sample of funds that hold the stock: SBI Retirement Benefit Fund-Aggressive Hybrid, SBI Retirement Benefit Fund-Aggressive and SBI Retirement Benefit Fund-Conservative Hybrid

Hawkins Cookers
Number of retirement oriented funds that hold the stock: 4
Sample of funds that hold the stock: SBI Retirement Benefit Fund-Aggressive Hybrid, SBI Retirement Benefit Fund-Aggressive and SBI Retirement Benefit Fund-Conservative Hybrid

Procter & Gamble Health
Number of retirement oriented funds that hold the stock: 4
Sample of funds that hold the stock: Tata Retirement Sav Fund – Prog, HDFC Retirement Savings Fund-Hybrid-Equity and Tata Retirement Sav Fund - Cons

Transport Corporation Of India
Number of retirement oriented funds that hold the stock: 4
Sample of funds that hold the stock: HDFC Retirement Savings Fund-Equity,
HDFC Retirement Savings Fund-Hybrid-Equity and LIC MF ULIS

UTI Asset Management Company
Number of retirement oriented funds that hold the stock: 4
Sample of funds that hold the stock: Tata Retirement Sav Fund – Prog, Tata Retirement Sav Fund - Mod and HDFC Retirement Savings Fund-Hybrid-Equity

Westlife Foodworld
Number of retirement oriented funds that hold the stock: 4
Sample of funds that hold the stock: Tata Retirement Sav Fund – Prog, Tata Retirement Sav Fund - Mod and Franklin India Pension