MF Favourites take a hit: 14 smallcap stocks slide up to 50% in 3 months

Investors often track mutual fund moves as a signal of deep, research-backed conviction. Yet in today’s uncertain market, even many of these carefully chosen bets have taken a hit, with sharp corrections in share prices. This raises a key question: are these stocks now attractive “bottom fishing” opportunities, or is it wiser to wait for further declines? Only time will reveal the right call.
A closer look at the small-cap segment shows that mutual funds increased their holdings in around 235 stocks over the last two quarters (September and December 2025). However, 2026, which is only a little over three months in, has seen more losers than gainers in this space. Notably, we identified 14 stocks that, despite remaining mutual fund favorites, have plummeted by 30–47% so far this year.(Data Source: ACE Equity)

In 2026 so far (just over three months), the stock has fallen 47%, dropping from Rs 844 to Rs 443.
MF holding: June ’25: 3.67% | September ’25: 3.88% | December ’25: 4.12%.

In 2026 so far, the stock has declined 45%, sliding from Rs 493 to Rs 273.
MF holding: June ’25: 29.51% | September ’25: 33.92% | December ’25: 35.98%.

In 2026 so far, the stock has dropped 43%, from Rs 529 to Rs 302.
MF holding: June ’25: 8.90% | September ’25: 16.49% | December ’25: 17.36%.

In 2026 so far, the stock has decreased 39%, moving from Rs 199 to Rs 122.
MF holding: June ’25: 11.15% | September ’25: 11.85% | December ’25: 12.51%.

In 2026 so far, the stock has fallen 39%, from Rs 651 to Rs 400.
MF holding: June ’25: 20.70% | September ’25: 21.22% | December ’25: 22.71%.

In 2026 so far, the stock has declined 37%, dropping from Rs 505 to Rs 320.
MF holding: June ’25: 1.37% | September ’25: 1.40% | December ’25: 1.41%.

In 2026 so far, the stock has slipped 35%, from Rs 547 to Rs 357.
MF holding: June ’25: 5.84% | September ’25: 8.23% | December ’25: 10.42%.

In 2026 so far, the stock has declined 34%, from Rs 124 to Rs 81.
MF holding: June ’25: 6.98% | September ’25: 7.93% | December ’25: 9.64%.

In 2026 so far, the stock has dropped 34%, from Rs 458 to Rs 301.
MF holding: June ’25: 2.84% | September ’25: 2.90% | December ’25: 3.66%.

In 2026 so far, the stock has declined 34%, from Rs 1663 to Rs 1097.
MF holding: June ’25: 15.95% | September ’25: 16.19% | December ’25: 16.54%.

In 2026 so far, the stock has fallen 33%, from Rs 336 to Rs 223.
MF holding: June ’25: 17.09% | September ’25: 17.83% | December ’25: 18.28%.

In 2026 so far, the stock has declined 33%, from Rs 179 to Rs 121.
MF holding: June ’25: 2.88% | September ’25: 4.50% | December ’25: 5.56%.

In 2026 so far, the stock has dropped 33%, from Rs 1142 to Rs 769.
MF holding: June ’25: 18.55% | September ’25: 19.13% | December ’25: 20.80%.

In 2026 so far, the stock has declined 32%, from Rs 530 to Rs 362.
MF holding: June ’25: 0.50% | September ’25: 1.77% | December ’25: 2.01%.
(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)