Investors tend to be confident about a stock when it's held by multiple mutual fund schemes. In the month of April 2024, 153 stocks were found in the portfolios of over 100 mutual fund schemes. In ETMarkets' recent analysis, 32 of these stocks saw their prices surge by over 25% in CY24 and are held by more than 100 mutual fund schemes. Among these, nine stocks have recorded gains between 50% to 80% in CY24 till now. (Data Source: ACE MF, ACE Equity).
IANS
2/10
Oracle Financial Services Software
CY24 Price Return: 80%Number of MF schemes that held stock in April 2024: 103.As of April '24, the market value of stocks in equity mutual funds reached Rs 4158 crore.
ETMarkets.com
3/10
Cummins India
CY24 Price Return: 74%Number of MF schemes that held stock in April 2024: 177.As of April '24, the market value of stocks in equity mutual funds reached Rs 16395 crore.
ETMarkets.com
4/10
Oil India
CY24 Price Return: 66%
Number of MF schemes that held stock in April 2024: 114.
As of April '24, the market value of stocks in equity mutual funds reached Rs 4049 crore.
Agencies
5/10
Indus Towers
CY24 Price Return: 66%
Number of MF schemes that held stock in April 2024: 125.
As of April '24, the market value of stocks in equity mutual funds reached Rs 6615 crore.
Agencies
6/10
Zomato
CY24 Price Return: 63%
Number of MF schemes that held stock in April 2024: 284.
As of April '24, the market value of stocks in equity mutual funds reached Rs 20831 crore.
Agencies
7/10
Vedanta
CY24 Price Return: 59%
Number of MF schemes that held stock in April 2024: 118.
As of April '24, the market value of stocks in equity mutual funds reached Rs 5860 crore.
Agencies
8/10
ABB India
CY24 Price Return: 54%
Number of MF schemes that held stock in April 2024: 161.
As of April '24, the market value of stocks in equity mutual funds reached Rs 5572 crore.
Reuters
9/10
Siemens
CY24 Price Return: 53%Number of MF schemes that held stock in April 2024: 136.As of April '24, the market value of stocks in equity mutual funds reached Rs 6143 crore.
ETMarkets.com
10/10
PB Fintech
CY24 Price Return: 51%
Number of MF schemes that held stock in April 2024: 130.
As of April '24, the market value of stocks in equity mutual funds reached Rs 5866 crore.
