News

9 stocks backed by 100+ MFs have gained over 50% in 2023

Strength in Numbers
ThinkStock Photos
1/10
Strength in Numbers
Investors gain a sense of assurance in acquiring a stock when multiple mutual fund schemes hold it. Research by ETMarkets uncovered that among 130 stocks held by more than 100 mutual fund schemes in July, around 38 stocks have risen over 25% in this calendar year. Moreover, the analysis pinpoints nine stocks that have witnessed a remarkable surge of over 50% in the ongoing year. These stocks were present in the portfolios of over 100 mutual fund schemes in the month of July. (Data Source: ACE MF)
Aurobindo Pharma
ETMarkets.com
2/10
Aurobindo Pharma
YTD Price Return: 99% | Previous Close (August 14): Rs 872
- Number of MF schemes that held stock in July: 116
- Market value of the stock in equity mutual funds as of July amounted to Rs 4686 crore.
REC
ETMarkets.com
3/10
REC
YTD Price Return: 91% | Previous Close: Rs 222- Number of MF schemes that held stock in July: 105- The market value of the stock in equity mutual funds as of July amounted to Rs 4256 crore.
​Power Finance Corporation
Agencies
4/10
​Power Finance Corporation
YTD Price Return: 87% | Previous Close: Rs 264
- Number of MF schemes that held stock in July: 124
- The market value of the stock in equity mutual funds as of July amounted to Rs 7736 crore.

Polycab India
ETMarkets.com
5/10
Polycab India
YTD Price Return: 85% | Previous Close: Rs 4744
- Number of MF schemes that held stock in July: 111
- The market value of the stock in equity mutual funds as of July amounted to Rs 4218 crore.

ABB India
Agencies
6/10
ABB India
YTD Price Return: 62% | Previous Close: Rs 4352
- Number of MF schemes that held stock in July: 163
- The market value of the stock in equity mutual funds as of July amounted to Rs 4965 crore.
Tata Motors
ETMarkets.com
7/10
Tata Motors
YTD Price Return: 56% | Previous Close: Rs 607
- Number of MF schemes that held stock in July: 246
- The market value of the stock in equity mutual funds as of July amounted to Rs 18356 crore.
Zomato
IANSHINDI
8/10
Zomato
YTD Price Return: 56% | Previous Close: Rs 93
- Number of MF schemes that held stock in July: 117
- The market value of the stock in equity mutual funds as of July amounted to Rs 6143 crore.
Hindustan Aeronautics
Agencies
9/10
Hindustan Aeronautics
YTD Price Return: 53% | Previous Close: Rs 3879
- Number of MF schemes that held stock in July: 154
- The market value of the stock in equity mutual funds as of July amounted to Rs 9064 crore.


Zydus Lifesciences
ETMarkets.com
10/10
Zydus Lifesciences
YTD Price Return: 53% | Previous Close: Rs 642
- Number of MF schemes that held stock in July: 119
- The market value of the stock in equity mutual funds as of July amounted to Rs 3732 crore.
Success
This article has been saved