Aiming for multibaggers: The most popular smallcap stocks of PMS managers
The smallcap space is a favourite hunting ground for PMS fund managers as PMS investors typically like taking risks. Fund managers also get a leeway to hold concentrated portfolios and pick stocks that would otherwise not pass a mutual fund’s muster
Portfolio Management Services (PMS) mostly hold 15-25 stocks in their portfolio. It is a tightrope walk for managers to select stocks especially from the smallcap universe. Even a single wrong investment decision may lead to significant underperformance of the portfolio. But since PMS investors and industry do not compare performance every quarter, PMS fund managers are more inclined to pick small and mid-cap stocks as investors typically stick around for the long run. Here are the most popular small-cap stocks among the 291 PMS strategies, as per PMS Bazaar data. Portfolio data is as of October 31. Source: PMS Bazaar. VIP Industries No. of PMS strategies that hold the stock: 17 A sample of PMS strategies that hold the stock: MOAT - Special Opportunities, TATA - Emerging Opportunities, and Motilal Oswal – IOP KSB No. of PMS strategies that hold the stock: 15 A sample of PMS strategies that hold the stock: Green Portfolio - MNC Advantage, Anand Rathi Advisors - MNC PMS, and Phillip Capital - Signature India Portfolio Jamna Auto No. of PMS strategies that hold the stock: 15 A sample of PMS strategies that hold the stock: Varanium - Emerging Leader Fund, Centrum PMS - Deep Value IV, and PGIM India - Phoenix Portfolio Suprajit Engineering No. of PMS strategies that hold the stock: 14 A sample of PMS strategies that hold the stock: Avestha – Growth, Marcellus - Rising Giants, QRC PMS - Long Term Opportunities, and TATA - Enterprising India Investment Mayur Uniqoters No. of PMS strategies that hold the stock: 14 A sample of PMS strategies that hold the stock: PGIM India - Phoenix Portfolio, Carnelian Capital - Shift Strategy, and Shade - Value Fund Praj Industries No. of PMS strategies that hold the stock: 13 A sample of PMS strategies that hold the stock: Avestha – Growth, Alchemy - High Growth, and Anand Rathi Advisors - Decennium Opportunity Intellect Design Arena No. of PMS strategies that hold the stock: 13 A sample of PMS strategies that hold the stock: InCred Capital - Multicap PMS, Narnolia - MultiCap Strategy, and Emkay Investments – Gems Greenpanel Industries No. of PMS strategies that hold the stock: 12 A sample of PMS strategies that hold the stock: NAFA - Small Cap, Geojit - Advantage Portfolio and Anand Rathi Advisors - Decennium Opportunity TCI Express No. of PMS strategies that hold the stock: 12 A sample of PMS strategies that hold the stock: MOAT - Special Opportunities Fund, Anand Rathi Advisors - Decennium Opportunity and Edelweiss - Focused Mid & Small Cap Mastek No. of PMS strategies that hold the stock: 12 A sample of PMS strategies that hold the stock: SMC Global – Growth, Carnelian Capital - Shift Strategy and Motilal Oswal – FMS Karur Vysya Bank No. of PMS strategies that hold the stock: 11 A sample of PMS strategies that hold the stock: Geojit - Advantage Portfolio, NAFA - Emerging Bluechip and ICICI Prudential - Value Portfolio Healthcare Global Enterprises No. of PMS strategies that hold the stock: 11 A sample of PMS strategies that hold the stock: InCred Capital - Healthcare PMS, TATA - Emerging Opportunities and Centrum PMS – Micro Cera Sanitaryware No. of PMS strategies that hold the stock: 11 A sample of PMS strategies that hold the stock: QRC PMS - Long Term Opportunities, Motilal Oswal – Ethical and Anand Rathi Advisors - Decennium Opportunity Great Eastern Shipping Company No. of PMS strategies that hold the stock: 10 A sample of PMS strategies that hold the stock: ICICI Prudential - Pipe Portfolio, QED Capital – Alphabets and Alchemy - Ascent Jubilant Ingrevia No. of PMS strategies that hold the stock: 10 A sample of PMS strategies that hold the stock: Asit C Mehta - Ace Midcap, Prabhudas Lilladher - Tactical alpha and Bonanza - Value