Top 10 smallcap picks of mutual funds in March

By
, ETMarkets.com|
1/11

Betting on Minnows

In March, Nifty Smallcap 100 index fell nearly 2%; however, asset management companies (AMCs) remained positive on a few smallcap stocks and added them to their portfolio. As per a report of ICICI Direct, key additions by AMCs in March include Mahindra CIE Automotive, Kirloskar Oil Engines and Data Patterns. Here is a list of the top 10 smallcap picks of mutual funds (MFs) in March, according to a report by ICICI Direct:

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2/11

Capri Global Capital | CMP: Rs 595

MFs bought 32 lakh shares of NBFC firm Capri Global Capital in March. From its 52-week high of Rs 785, the stock is trading 24% lower.

Agencies
3/11

Data Patterns | CMP: Rs 1,630

AMCs bought 49 lakh shares of defence and aerospace electronics solutions provider Data Pattern in March. From its 52-week high of Rs 1,674, the stock is trading 3% lower.

IANS
4/11

Usha Martin | CMP: Rs 211

AMCs bought 63 lakh shares of the global manufacturer of wire ropes Usha Martin in March. From its 52-week high of Rs 229, the stock is trading 8% lower.

ETMarkets.com
5/11

Kirloskar Oil Engines | CMP: Rs 393

In March, MFs bought 286 lakh shares of agri-engines and diesel engine pump sets manufacturer Kirloskar Oil Engines. From its 52-week high of Rs 408, the stock is trading 4% lower.

6/11

Home First Finance Company | CMP: Rs 713

MFs bought 51 lakh shares of Home First Finance Company in March. From its 52-week high of Rs 1,004, the stock is trading 29% lower.

Agencies
7/11

Mahindra CIE Automotive | CMP: Rs 371

AMCs bought 405 lakh shares of auto components and equipment firm Mahindra CIE Automotive in March. From its 52-week high of Rs 462, the stock is trading 20% lower.

8/11

CE Info Systems| CMP: Rs 1,003

In March, MFs bought 19 lakh shares of data and technology products and platforms company CE Infos Systems. From its 52-week high of Rs 1,715, the stock is trading 42% lower.

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9/11

Wonderla Holidays | CMP: Rs 438

MFs bought 16 lakh shares of amusement park company Wonderla Holidays in March. From its 52-week high of Rs 467, the stock is trading 6% lower.

ETMarkets.com
10/11

Rain Industries | CMP: Rs 157

AMCs bought 73 lakh shares of Rain Industries in March. From its 52-week high of Rs 207, the stock is trading 24% lower.

ETMarkets.com
11/11

Healthcare Global Enterprises | CMP: Rs 266

AMCs bought 54 lakh shares of cancer Care provider Healthcare Global Enterprises in March. From its 52-week high of Rs 320, the stock is trading 17% lower.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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