smallcap stock: India’s top 4 MFs added this snack maker to their portfolio in November

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In the month of November, when equities saw a sharp rally and pushed benchmark indices towards new highs, India’s top 5 mutual funds by assets under management (AUM) bet their money on the mid-cap and small-cap stocks.

The one smallcap stock that stole the heart of most of the fund houses was Bikaji Foods. The top 4 funds bought shares of the company worth more than Rs 100 crore in November, according to the data compiled by

Shares & Stocks.

Aditya Birla Sun Life Asset Management Co, HDFC Asset Management Co,

, and Kotak Mutual Fund added Bikaji Foods to their portfolio.

The maximum purchase of Bikaji Foods shares, in value terms, was by Aditya Birla AMC at Rs 59 crore.

Apart from Bikaji Foods, the other stock that too was common in the MF list was Archean Chemicals.

, ICICI Prudential, Kotak MF, and SBI Mutual Fund added the stock in November.

The maximum purchase of Archean Chemicals shares, in value terms, was by SBI MF at a whopping Rs 453 crore.

Here are the top stocks that the 5 largest fund houses bought in November

Aditya Birla AMC:

, Global Health, Uniparts India, Keystone Realtors, Kaynes Technology,
Green, and Transmission are the other midcap and smallcap stocks that the fund house added in the last month.

HDFC AMC:

Apart from Archean Chemical, and Bikaji Foods, the fund house bought Global Health,

, Uniparts, Kaynes Technology, ,

Inox Green Energy,

, and .

ICICI Prudential AMC:

Fusion Micro Finance, Global Health, Inox Green Energy, Kaynes Technology, and

& Minerals were added by the fund house last month, apart from Archean Chemical and Bikaji Foods.

Kotak Mutual Fund:

Archean Chemicals, Global Health, Bikaji Foods, and

were the stocks added by the fund house last month

SBI Mutual Fund:

Archean Chemical was the only stock the fund houses added to its portfolio in November.

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

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