Mutual funds added these 4 new stocks to their portfolios in May. Check details
1/5
New entrants
Mutual funds added four new stocks to their portfolios in May. Fund houses typically add or exit stocks to actively manage portfolios and enhance returns. Here is a detailed break-up, according to data disclosed by Prime Database.
2/5
Afcom Holdings
Mutual funds purchased 6.61 lakh shares of the company, with a total market value of Rs 61.49 crore in May.
3/5
Q-Line Biotech
Funds acquired 3.94 lakh shares of the stock during the month, amounting to Rs 18.70 crore.
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4/5
Ratnaveer Precision Engineering
Mutual funds bought 4.30 lakh shares, taking the total investment value to Rs 7.07 crore in May.
5/5
Paramount Communications
Funds added 2.25 lakh shares of the company, valued at Rs 1.48 crore during the same period.