The last one year was not so good for smallcap stocks. While the Nifty 50-TRI and the Nifty Midcap 150-TRI gained 9 percent and 13 percent respectively for the one year ended February 24, 2023, the Nifty Smallcap 100-TRI delivered almost flat returns. However, beaten down smallcap companies that have higher growth potential attracted more smart investors’ money that resulted in these stocks delivering triple digit return over the last one year. Here are the smallcap stocks held by mutual funds that delivered upto 252 percent over the last one year. Performance data mentioned is as of February 22, 2023. Portfolio data is as of January 31, 2023. Source: ACEMF
2/16
Apar Industries One year return (As of February 22, 2023): 252 percent No. of active schemes that hold the stock: 15 Sample of active schemes that hold the stock: HSBC Small Cap, LIC MF Flexi Cap and HDFC Multi Cap
3/16
Mazagon Dock Shipbuilders One year return: 183 percent No. of active schemes that hold the stock: 3 Active schemes that hold the stock: SBI PSU, Aditya Birla SL PSU Equity and Shriram Flexi Cap
4/16
Elecon Engineering Company One year return: 175 percent No. of active schemes that hold the stock: 3 Active schemes that hold the stock: LIC MF Flexi Cap, LIC MF Children's Gift and HDFC Multi Cap
Apollo Micro Systems One year return: 158 percent No. of active schemes that hold the stock: 1 Active scheme that hold the stock: Quant Small Cap
6/16
Rama Steel Tubes One year return: 148 percent No. of active schemes that hold the stock: 1 Active scheme that hold the stock: Quant Value
7/16
Kirloskar Oil Engines One year return: 129 percent No. of active schemes that hold the stock: 25 Sample of active schemes that hold the stock: Franklin India Opportunities, Mahindra Manulife Multi Cap Badhat Yojana and IDBI Small Cap
8/16
Power Mech Projects One year return: 128 percent No. of active schemes that hold the stock: 3 Active schemes that hold the stock: HSBC Business Cycles, HDFC Small Cap and HSBC Infrastructure
Safari Industries (India) One year return: 127 percent No. of active schemes that hold the stock: 12 Sample of active schemes that hold the stock: Sundaram Consumption, Union Small Cap and DSP Small Cap
10/16
Ujjivan Financial Services One year return: 126 percent No. of active schemes that hold the stock: 2 Active schemes that hold the stock: Sundaram Fin Serv Opp and Sundaram Small Cap
11/16
Chennai Petroleum Corporation One year return: 122 percent No. of active schemes that hold the stock: 2 Active schemes that hold the stock: Quant Quantamental and ICICI Pru Infrastructure
12/16
The Karnataka Bank One year return: 120 percent No. of active schemes that hold the stock: 5 Sample of active schemes that hold the stock: ITI Large Cap, ITI Banking & Financial Services and ITI Small Cap
13/16
Sterling Tools One year return: 117 percent No. of active schemes that hold the stock: 1 Active scheme that hold the stock: HSBC Small Cap
14/16
Titagarh Wagons One year return: 115 percent No. of active schemes that hold the stock: 4 Sample of active schemes that hold the stock: HDFC Large and Mid Cap, HDFC Infrastructure and HDFC Balanced Advantage
15/16
Varun Beverages One year return: 106 percent No. of active schemes that hold the stock: 55 Sample of active schemes that held the stock: Tata Large & Mid Cap, Invesco India Focused 20 Equity and UTI Multi Asset
16/16
Kirloskar Ferrous Industries One year return: 106 percent No. of active schemes that hold the stock: 6 Sample of active schemes that hold the stock: IDFC Infrastructure, Mahindra Manulife Small Cap and LIC MF Infra
