Moneycontrol

Budget 2023Budget 2023

PARTNERS

  • Tata AIA Life Insurance
  • Hafele
  • Motilal Oswal
  • SMC Global Securities Limited
  • SBI Life
  • DSP Mutual Fund
Upcoming Event : LeapToUnicorn - mentoring, networking and fundraising for startups. Register now

Beyond Nifty 500 | Small-caps, micro-caps that make it to the hotlist of active fund managers

Shares of companies ranked below 500 are mostly under-researched and smallcap and microcap stocks. The lack of liquidity is more than made up by exceptional returns if the fund manager can correctly identify potential winners. Here are the most favourite holdings among active mutual fund managers

January 29, 2023 / 01:14 PM IST
Most fund managers pick stocks among the largest 500 companies. More so, in 2018, the capital market regulator, Securities and Exchange Board of India standardised the definition of what constitutes a large-cap, a mid-cap and a small-cap stock. Although fund managers limit their stock picking to the top 500 companies due to liquidity comfort, they occasionally venture beyond the boundary in their hunt for multi-bagger stocks. As per the ACEMF data, only 4% or Rs 69,298 crore of the active equity AUM has been invested in the beyond Nifty 500 stocks as of December 2022. These are mainly smallcap and microcap stocks and, mostly under researched. Fund managers apply various parameter to choose the stocks that have the potential to outperform over the long term. Here are most popular beyond Nifty 500 stocks among the actively managed equity oriented mutual fund schemes (541 schemes except arbitrage funds). Data as of December 2022. Source: ACEMF and Niftyindices.com.
1/20
Most fund managers pick stocks among the largest 500 companies. More so, in 2018, the capital market regulator, Securities and Exchange Board of India, standardised the definition of what constitutes a largecap, a midcap and a smallcap stock. Although fund managers limit their stock picking to the top 500 companies due to liquidity comfort, they occasionally venture beyond the boundary in their hunt for multibagger stocks. As per the ACEMF data, only 4% or Rs 69,298 crore of the active equity AUM has been invested stocks beyond the Nifty 500 league as of December 2022. These are mainly smallcap and microcap stocks and, mostly under researched. Fund managers apply various parameters to choose the stocks that have the potential to outperform over the long term. Here are most popular stocks beyond Nifty 500 among the actively managed equity oriented mutual fund schemes (541 schemes except arbitrage funds). Data as of December 2022. Source: ACEMF and Niftyindices.com.
Global Health Latest M-CAP (Full): Rs 11,922 crore (Recently listed) Number of active funds that held the stock: 40 Sample of funds that held the stock: SBI Healthcare Opp, Motilal Oswal Large & Midcap and PGIM India Small Cap Fund
2/20
Global Health
Latest M-CAP (Full): Rs 11,922 crore (Recently listed)
Number of active funds that held the stock: 40
Sample of funds that held the stock: SBI Healthcare Opp, Motilal Oswal Large & Midcap and PGIM India Small Cap Fund
Rolex Rings Latest M-CAP (Full): Rs 4,738 crore Number of active funds that held the stock: 38 Sample of funds that held the stock: ICICI Pru Smallcap, Invesco India Infrastructure and Kotak Infra & Eco Reform
3/20
Rolex Rings
Latest M-CAP (Full): Rs 4,738 crore
Number of active funds that held the stock: 38
Sample of funds that held the stock: ICICI Pru Smallcap, Invesco India Infrastructure and Kotak Infra & Eco Reform
Bikaji Foods International Latest M-CAP (Full): Rs 10,623 crore (Recently listed) Number of active funds that held the stock: 35 Sample of funds that held the stock: Quant Focused, Quant ESG Equity and Tata India Consumer
4/20
Bikaji Foods International
Latest M-CAP (Full): Rs 10,623 crore (Recently listed)
Number of active funds that held the stock: 35
Sample of funds that held the stock: Quant Focused, Quant ESG Equity and Tata India Consumer
NMDC Latest M-CAP (Full): Rs 36,471 crore Number of active funds that held the stock: 34 Sample of funds that held the stock: ICICI Pru Commodities, DSP Natural Res & New Energy and Aditya Birla SL Dividend Yield
5/20
NMDC
Latest M-CAP (Full): Rs 36,471 crore
Number of active funds that held the stock: 34
Sample of funds that held the stock: ICICI Pru Commodities, DSP Natural Res & New Energy and Aditya Birla SL Dividend Yield
DCB Bank Latest M-CAP (Full): Rs 3,848 crore Number of active funds that held the stock: 33 Sample of funds that held the stock: Tata Small Cap, Taurus Banking & Fin Serv and LIC MF Banking & Financial Services
6/20
DCB Bank
Latest M-CAP (Full): Rs 3,848 crore
Number of active funds that held the stock: 33
Sample of funds that held the stock: Tata Small Cap, Taurus Banking & Fin Serv and LIC MF Banking & Financial Services
Craftsman Automation Latest M-CAP (Full): Rs 6,943 crore Number of active funds that held the stock: 31 Sample of funds that held the stock: Invesco India Smallcap, Aditya Birla SL Multi-Cap and LIC MF Tax Plan
7/20
Craftsman Automation
Latest M-CAP (Full): Rs 6,943 crore
Number of active funds that held the stock: 31
Sample of funds that held the stock: Invesco India Smallcap, Aditya Birla SL Multi-Cap and LIC MF Tax Plan
Equitas Holdings Latest M-CAP (Full): Rs 4,281 crore Number of active funds that held the stock: 30 Sample of funds that held the stock: SBI Multi Asset Allocation, Franklin India Smaller Cos and Invesco India Financial Services
8/20
Equitas Holdings
Latest M-CAP (Full): Rs 4,281 crore
Number of active funds that held the stock: 30
Sample of funds that held the stock: SBI Multi Asset Allocation, Franklin India Smaller Cos and Invesco India Financial Services
VRL Logistics Latest M-CAP (Full): Rs 4,885 crore Number of active funds that held the stock: 29 Sample of funds that held the stock: Quant Infrastructure, IDFC Transportation and Logistics and HSBC Infrastructure
9/20
VRL Logistics
Latest M-CAP (Full): Rs 4,885 crore
Number of active funds that held the stock: 29
Sample of funds that held the stock: Quant Infrastructure, IDFC Transportation and Logistics and HSBC Infrastructure
KFin Technologies Latest M-CAP (Full): Rs 5,663 crore (Recently listed) Number of active funds that held the stock: 27 Sample of funds that held the stock: Motilal Oswal Equity Hybrid, Sundaram Equity Savings and Nippon India Banking & Financial Services
10/20
KFin Technologies
Latest M-CAP (Full): Rs 5,663 crore (Recently listed)
Number of active funds that held the stock: 27
Sample of funds that held the stock: Motilal Oswal Equity Hybrid,
Sundaram Equity Savings and Nippon India Banking & Financial Services
NMDC Steel Latest M-CAP (Full): NA (Yet to be listed) Number of active funds that held the stock: 27 Sample of funds that held the stock: DSP Natural Res & New Energy, ICICI Pru Commodities and Aditya Birla SL Dividend Yield
11/20
NMDC Steel
Latest M-CAP (Full): NA (Yet to be listed)
Number of active funds that held the stock: 27
Sample of funds that held the stock: DSP Natural Res & New Energy, ICICI Pru Commodities and Aditya Birla SL Dividend Yield
BEML Land Assets Latest M-CAP (Full): NA (Yet to be listed) Number of active funds that held the stock: 26 Sample of funds that held the stock: IDBI Dividend Yield, Sundaram Focused and Aditya Birla SL Small Cap
12/20
BEML Land Assets
Latest M-CAP (Full): NA (Yet to be listed)
Number of active funds that held the stock: 26
Sample of funds that held the stock: IDBI Dividend Yield, Sundaram Focused and Aditya Birla SL Small Cap
Gateway Distriparks Latest M-CAP (Full): Rs 3,317 crore Number of active funds that held the stock: 26 Sample of funds that held the stock: ICICI Pru Smallcap, Franklin Build India and IDFC Transportation and Logistics
13/20
Gateway Distriparks
Latest M-CAP (Full): Rs 3,317 crore
Number of active funds that held the stock: 26
Sample of funds that held the stock: ICICI Pru Smallcap, Franklin Build India and IDFC Transportation and Logistics
Kirloskar Oil Engines Latest M-CAP (Full): Rs 4,544 crore Number of active funds that held the stock: 26 Sample of funds that held the stock: Franklin India Opportunities, Franklin Build India and Mahindra Manulife Multi Cap Badhat Yojana
14/20
Kirloskar Oil Engines
Latest M-CAP (Full): Rs 4,544 crore
Number of active funds that held the stock: 26
Sample of funds that held the stock: Franklin India Opportunities, Franklin Build India and Mahindra Manulife Multi Cap Badhat Yojana
Archean Chemical Industries Latest M-CAP (Full): Rs 7,667 crore (Recently listed) Number of active funds that held the stock: 25 Sample of funds that held the stock: SBI Magnum Comma, Quant Small Cap and Motilal Oswal Multi Asset
15/20
Archean Chemical Industries
Latest M-CAP (Full): Rs 7,667 crore (Recently listed)
Number of active funds that held the stock: 25
Sample of funds that held the stock: SBI Magnum Comma, Quant Small Cap and Motilal Oswal Multi Asset
Prudent Corporate Advisory Services Latest M-CAP (Full): Rs 4,112 crore Number of active funds that held the stock: 25 Sample of funds that held the stock: HSBC Tax Saver Equity, UTI Banking and Financial Services and Sundaram Small Cap
16/20
Prudent Corporate Advisory Services
Latest M-CAP (Full): Rs 4,112 crore
Number of active funds that held the stock: 25
Sample of funds that held the stock: HSBC Tax Saver Equity, UTI Banking and Financial Services and Sundaram Small Cap
Aarti Pharmalabs Latest M-CAP (Full): NA (Yet to be listed) Number of active funds that held the stock: 24 Sample of funds that held the stock: Aditya Birla SL Midcap, IDBI Midcap and HDFC Mid-Cap Opportunities
17/20
Aarti Pharmalabs
Latest M-CAP (Full): NA (Yet to be listed)
Number of active funds that held the stock: 24
Sample of funds that held the stock: Aditya Birla SL Midcap, IDBI Midcap and HDFC Mid-Cap Opportunities
Kaynes Technology India Latest M-CAP (Full): Rs 4,561 crore (Recently listed) Number of active funds that held the stock: 24 Sample of funds that held the stock: Nippon India Power & Infra, WOC Mid Cap and Mahindra Manulife Mid Cap Unnati Yojana
18/20
Kaynes Technology India
Latest M-CAP (Full): Rs 4,561 crore (Recently listed)
Number of active funds that held the stock: 24
Sample of funds that held the stock: Nippon India Power & Infra,
WOC Mid Cap and Mahindra Manulife Mid Cap Unnati Yojana
Greenply Industries Latest M-CAP (Full): Rs 1,741 crore Number of active funds that held the stock: 23 Sample of funds that held the stock: Tata Small Cap, IDFC Multi Cap and Tata Young Citizen Fund
19/20
Greenply Industries
Latest M-CAP (Full): Rs 1,741 crore
Number of active funds that held the stock: 23
Sample of funds that held the stock: Tata Small Cap, IDFC Multi Cap and Tata Young Citizen Fund
Harsha Engineers International Latest M-CAP (Full): Rs 3,598 crore Number of active funds that held the stock: 23 Sample of funds that held the stock: SBI Multi Asset Allocation, WOC Mid Cap and Bank of India Small Cap
20/20
Harsha Engineers International
Latest M-CAP (Full): Rs 3,598 crore
Number of active funds that held the stock: 23
Sample of funds that held the stock: SBI Multi Asset Allocation,
WOC Mid Cap and Bank of India Small Cap