Key Points
It's noteworthy to know that 96 out of the 250 stocks in the microcap index have become multibaggers in FY24, and in fact, 192 stocks have outperformed the Nifty Microcap index during this time frame...
As the index presents an intriguing opportunity for stock selection, ET Markets focuses on stocks held by over 25 Mutual Fund schemes as of January '24..
As of January '24, RateGain Travel Technologies is held by 25 mutual fund schemes, with a total market value of Rs 1,385 crore..
In FY24 to date, the stock has surged 115% to reach Rs 1152 from its share price of Rs 535 on March 31, 2023...
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Buy or sell: Sumeet Bagadia recommends three stocks to buy next week
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Nifty Smallcap follows LIFO model, be picky; 3 top ideas for the week: Kunal Shah
17, Mar, 24Kunal Shah highlights Nifty Smallcap's LIFO model and market volatility. Nifty index remains bearish, with strong support at 21900-21850. Nifty Bank sees resistance at 47000 and support at 46500. Consider SIP for investment strategies in the market. Shah also says: The support zone at 8200 could serve as an excellent opportunity to add new long positions across the entire basket of stocks.
IREDA share price hits lifetime high ahead of Q3 results today. Buy or sell?
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LIC share price rebounds from life-time low. Should you buy in this pullback?
02, Mar, 23LIC share price may go up to ₹640 apiece levels in short term, believe stock market experts
Outlook 2024: Exploring mutual fund landscape of 2023 and future trends
27, Dec, 23The mutual fund industry displayed remarkable resilience, witnessing a substantial 20% surge in Assets Under Management, reflecting both its adaptability and significant growth amidst challenges.
Surfing the internet! How domestic fund houses played with new-age stocks in April
18, May, 23Domestic fund houses have increased their stakes in most of the new-age internet stocks during the month of April. These funds have aggressively shopped for Delhivery, Nykaa and Zomato. Delhivery is among the prominent additions of both Franklin Templeton Mutual Fund and SBI Mutual Fund. While Franklin added Delhivery stock worth Rs 99 crore, SBI Mutual Fund bought shares worth Rs 449 crore. Domestic funds have raised their combined stake by 5.
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3 mutual funds include this multibagger stock in March. Should you buy?
14, Apr, 23According to the latest shareholding pattern available with the exchanges, mutual funds have a combined stake of 11.90%. Apart from the above three funds, HSBC Value Fund has 1.46% stake in the company and Franklin India Flexi Cap Fund owns 7.39%. Meanwhile, retail investors own nearly 17%.
Street darlings: 10 stocks with high MF ownership turn multibaggers in 1 yr
28, Jun, 23Mutual funds in India have enjoyed success with their holdings in certain stocks, which have seen significant appreciation in prices, according to data. At least 10 stocks have returned over 100% in the past year, with more than 50 mutual fund schemes holding these stocks. Some of the best-performing stocks include IDFC First Bank, Apollo Tyres, Equitas Small Finance Bank, Varun Beverages, and Hindustan Aeronautics. However, some brokerages have downgraded their ratings on these stocks due to concerns over valuations and limited upside potential.