Mutual funds engage in in-depth stock analysis and research to ensure robust long-term gains. With the Indian equity market witnessing increased retail investor participation, it will be fascinating to see which stocks mutual funds have their increased exposure to in the last quarter, as individual investors are eagerly following their portfolios.
According to ACE Equity, mutual funds have increased holdings in 380 listed companies and more than doubled their exposure in 12 stocks. It reflected improved reliability and stability of these stocks.
A Look at the stocks MFs Double Down Exposure
Samman Capital
Mutual fund holdings in Samman Capital currently stand at 11.4%. In the June quarter, their stake was at 0.44%. However, the stock saw its price falling by 12% to Rs.141.
Marathon NextGen Reality
Mutual fund stake in this stock reached 10.60% in the last quarter compared to 2.29% in the June quarter. Since October the stock price has declined 6% to Rs.533.
India Cements
This major Indian cement company saw mutual funds raising their holding to 8.79% in the last quarter from 2.75% in the June quarter. Stock reached Rs.414 in two months with a gain of 8%.
Thirumalai Chemicals
Mutual fund exposure in this stock increased from 0.73% to 8.11% in the September quarter. Despite this, stock dropped by 23% to Rs.217.
Vintage coffee and beverages
In this company, mutual funds have a 5.18% holding in September. It was at 2.32% in June. The stock maintained its bullish momentum since October, rising 11% to Rs.164.
Asahi India Glass
Mutual funds increased their stake to 4.89 in September from 1.71% in June, with stock surging 20% to Rs.1028.
EPACK Durable
Mutual funds’ stake hit 3.16% in September from 0.36% in June. The stock fell 27% to Rs.254 since October.
Suryoday Small Finance Bank
Mutual funds had a 1.05 stake in September. It was 0.49% in June. The stock is down 1% over the last two months.
Apcotex Industries
Mutual fund holdings reached 1.58% in September from 0.32% in June, while the stock price dipped 6% to Rs.373 in two months time.
Blue Jet Healthcare
Mutual funds increased their stake to 1.77% in September from 0.50% in June. However, in two months time, the stock declined 13% to Rs.547.
Suven Life Sciences
Mutual fund holdings rose significantly from 0.01% in June to 2.08% in September. The stock dipped 19% to Rs.164 since October.
Tikanagar Industries
The stock saw mutual funds increasing their stake to 2.41% from 0.99% in June. However, the price fell by 2% since October.