These smallcap multibaggers rewarded MF investors with up to 848% returns in a year

The past year has been eventful for the Indian equity market which has been on a record-breaking spree, touching new highs despite headwinds. Market barometers — the Nifty 50 Total Return Index (TRI), Nifty Midcap 150 TRI and Nifty Smallcap 250 TRI —  gained 29 percent, 60 percent and 66 percent, respectively, during the time. Select smallcap stocks have rocketed, giving a huge boost to mutual fund schemes invested in those companies. Here's the list of top smallcap stocks held by active mutual fund schemes that have gained up to 848 percent in the past year. Data is based on the Association of Mutual Funds in India’s market capitalisation classification. Source: ACE MF. Portfolio data as of May 31, 2024, and the one-year return data as of June 25.

Premier Explosives
1-year return: 848%
No. of active schemes that hold the stock: 2
Sample of schemes that hold the stock: HDFC Defence and HDFC Infrastructure

Transformers & Rectifiers (India)
1-year return: 698%
No. of active schemes that hold the stock: 9
Sample of schemes that hold the stock: HSBC Infrastructure and HSBC Large & Mid Cap

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Cochin Shipyard
1-year return: 654%
No. of active schemes that hold the stock: 10
Sample of schemes that hold the stock: Samco Active Momentum and Canara Rob Small Cap

GE T&D India
1-year return: 612%
No. of active schemes that hold the stock: 38
Sample of schemes that hold the stock: Bandhan Core Equity and ICICI Pru Manufacturing

Shakti Pumps (India)
1-year return: 468%
No. of active schemes that hold the stock: 10
Sample of schemes that hold the stock: LIC MF Midcap and LIC MF Small Cap

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Puravankara
1-year return: 406%
No. of active schemes that hold the stock: 3
Sample of schemes that hold the stock: Union Small Cap and Union Value

SRM Energy
1-year return: 399%
No. of active schemes that hold the stock: 1
Scheme that holds the stock: UTI ULIP

Housing & Urban Development Corporation
1-year return: 393%
No. of active schemes that hold the stock: 30
Sample of schemes that hold the stock: HDFC Balanced Advantage and SBI PSU

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Anand Rathi Wealth
1-year return: 341%
No. of active schemes that hold the stock: 12
Sample of schemes that hold the stock: Aditya Birla SL Small Cap and
Canara Rob Small Cap

Jupiter Wagons
1-year return: 331%
No. of active schemes that hold the stock: 13
Sample of schemes that hold the stock: ITI Flexi Cap and ITI Mid Cap

GPT Infraprojects
1-year return: 319%
No. of active schemes that hold the stock: 1
Scheme that holds the stock: Bandhan Infrastructure

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Techno Electric & Engineering Company
1-year return: 315%
No. of active schemes that hold the stock: 24
Sample of schemes that hold the stock: DSP India T.I.G.E.R and Franklin India Smaller Cos

NBCC (India)
1-year return:298 %
No. of active schemes that hold the stock: 7
Sample of schemes that hold the stock: HDFC Large and Mid Cap and Mahindra Manulife Large & Mid Cap

Simplex Infrastructures
1-year return: 295%
No. of active schemes that hold the stock: 1
Scheme that holds the stock: HDFC Infrastructure

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