PMS fund managers fell in love with these 12 midcap gems in May. Do you own any one?

Volatile markets haven’t deterred fund managers from chasing mid-cap stocks. Markets turned jittery during the initial phases of the election due to low voter turnout and intense competition in certain states, then turned exuberant after the exit polls, only to crash on the counting day. Since then, the equity market has recovered. In dealing rooms, it has been business as usual for fund managers. Here are quality midcap stocks that portfolio management services identified in May. Portfolio data as of May 2024. Source: Finalyca – PMSBazaar.

Bharat Dynamics
No. of new PMS strategies that added this stock: 5
Total no. of PMS strategies that currently holding the stock: 15

Also see: Midcap and smallcap funds: How should retail investors approach them?

P I Industries
No. of new PMS strategies that added this stock: 3
Total no. of PMS strategies that currently holding the stock: 20

Also see: 'Strong buy' micro-cap multibagger stocks picked by mutual funds in May

Cochin Shipyard
No. of new PMS strategies that added this stock: 3
Total no. of PMS strategies that currently holding the stock: 10

Also see: Index mutual funds grab investor attention; here’s how to get the best out of them

Supreme Industries
No. of new PMS strategies that added this stock: 3
Total no. of PMS strategies that currently holding the stock: 8

Also see: Ignore short-term gyrations. Here are five simple index funds for long-term wealth creation

GE T&D India
No. of new PMS strategies that added this stock: 3
Total no. of PMS strategies that currently holding the stock: 7

Also see: 'Strong buy' micro-cap multibagger stocks picked by mutual funds in May