Stock market volatility: MF, PMS and AIFs are betting on these mid-cap stocks. Check if you own any

The Indian equity market has been on a downtrend over the last two months. The frontline indices across market capitalisation segments have registered more than a 10 percent slump since their last peak on September 26.
This does not prevent investment managers from holding quality stocks in their portfolios irrespective of market movements.
Major investment vehicles such as mutual funds (MF), portfolio management services (PMS) and alternative investment funds (AIFs) love to hold these quality stocks that have the ability to withstand corrections in the market relatively well and, moreover, deliver better returns over the longer term.
Here are the top mid-cap stocks that are held by the most number of MF, PMS and AIF schemes. Equal weightage was given to each vehicle while arriving the list. There were 643 active MF schemes, 473 PMS strategies and 113 AIF plans considered for the compilation.
Source: Finalyca PMSBazaar (for PMS, unit-linked insurance plans and AIFs) and ACEMF (for MFs).
Data as on October 31, 2024.

Dixon Technologies (India)
Sample of MFs holding the stock: Invesco India Focused
Sample of PMS holding the stock: Abans Investment - Smart Beta Portfolio
Sample of AIFs holding the stock: Motilal Oswal Growth Anchors

Hindustan Petroleum Corporation
Sample of MFs holding the stock: ICICI Pru Energy Opportunities
Sample of PMS holding the stock: Axis Securities - KAIZEN
Sample of AIFs holding the stock: Volvin Growth Fund - Active Rabbit

Coforge
Sample of MFs holding the stock: Motilal Oswal Midcap
Sample of PMS holding the stock: Phillip Ethical India Portfolio
Sample of AIFs holding the stock: White Oak - India Equity Fund II

PB Fintech
Sample of MFs holding the stock: UTI - Innovation
Sample of PMS holding the stock: Abans Investment - Smart Beta Portfolio
Sample of AIFs holding the stock: White Oak - India Select Equity Fund

Persistent Systems
Sample of MFs holding the stock: Motilal Oswal Flexi Cap
Sample of PMS holding the stock: Aditya Birla Capital - Innovation
Sample of AIFs holding the stock: White Oak - India Select Equity Fund

Federal Bank
Sample of MFs holding the stock: Mirae Asset Banking & Financial Services
Sample of PMS holding the stock: Guardian - Multicap
Sample of AIFs holding the stock: Guardian Capital Partners Fund – Opportunities Scheme

Sona BLW Precision Forgings
Sample of MFs holding the stock: SBI Automotive Opportunities
Sample of PMS holding the stock: Phillip Capital - Emerging India Portfolio
Sample of AIFs holding the stock: Avendus Enhanced Return Fund Series - II

Indus Towers
Sample of MFs holding the stock: SBI Infrastructure
Sample of PMS holding the stock: Axis Securities - Contra
Sample of AIFs holding the stock: 360 One - Turnaround Opportunities

Phoenix Mills
Sample of MFs holding the stock: Bandhan Focused Equity Fund
Sample of PMS holding the stock: HSBC India Next Portfolio
Sample of AIFs holding the stock: Motilal Oswal Growth Anchors Fund

Ajanta Pharma
Sample of MFs holding the stock: NJ Flexi Cap
Sample of PMS holding the stock: Emkay Investments - Gems
Sample of AIFs holding the stock: White Oak - India Equity Fund II

Hitachi Energy India
Sample of MFs holding the stock: Invesco India Focused
Sample of PMS holding the stock: Nafa CleanTech Portfolio
Sample of AIFs holding the stock: Alchemy - Leaders of Tomorrow

Blue Star
Sample of MFs holding the stock: Motilal Oswal Manufacturing
Sample of PMS holding the stock: SBI MF - ESG Portfolio
Sample of AIFs holding the stock: Accuracap - Vectra Fund

Syngene International
Sample of MFs holding the stock: UTI - Innovation
Sample of PMS holding the stock: Concept Investwell - Marvel
Sample of AIFs holding the stock: 360 One - Multi Strategy Fund

Apar Industries
Sample of MFs holding the stock: Motilal Oswal Small Cap
Sample of PMS holding the stock: Valtrust Momentum
Sample of AIFs holding the stock: Nepean Long Term Opportunities Fund II

Jindal Stainless
Sample of MFs holding the stock: ICICI Pru Commodities
Sample of PMS holding the stock: Turtle Wealth -Wealth Mantra
Sample of AIFs holding the stock: ICICI Prudential Emerging Leaders Fund