Small-cap, Innovation, logistics: Hot stocks that recently launched NFOs invest in
Newly-launched mutual fund schemes have the daunting task of picking stocks at a time when S&P BSE Sensex hovers around 70,000 mark. Here’s a glimpse into the stock ideas that fund managers are convinced about, in the middle of a market rage.
From a small-cap fund, an innovations funds that invest in innovative sectors and stocks to a transportation and logistics-themed sector fund, new mutual fund schemes continue to be launched. In 2023 so far, 219 new fund offers (NFOs) have been launched, as against the 252 NFOs launched in 2022. Here we compile the top 10 stock holdings of the newly launched active equity schemes. Schemes with inception date of after October 1, 2023 are considered. These portfolio holdings reflect the current trends identified by fund managers and their convictions on the market movement. Portfolio data are as of November 2023. Source: ACEMF.
