Over 20 MFs boost holdings in 9 stocks in Oct, with some surging up to 65% in FY25

Written by

, ETMarkets.com|

Nov 18, 2024, 03:42:35 PM IST

1/10

Cherry-Picking Winners

In October 2024, mutual funds (MFs) remained optimistic about Indian equities, reflected in their net investments of around Rs 90,770 crore. An analysis by ETMarkets identified 9 stocks that were included in the portfolios of over 20 MF schemes in October 2024, marking an increase compared to September ’24. These stocks have generally yielded returns ranging from 15% to 65% in FY25 to date, although two of them have posted negative returns during the same period. (Data Source: ACE MF | ACE Equity)

iStock

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Divi’s Laboratories

In October 2024, the number of MF schemes holding the stock increased to 212, up from 192 in September ’24.
-Market value of MFs in the stock as of October 2024: Rs 18,704 crore
-FY25 price return: 67%

ETMarkets.com

3/10

PB Fintech

In October 2024, the number of MF schemes holding the stock increased to 187, up from 167 in September ’24.
-Market value of MFs in the stock as of October 2024: Rs 10,627 crore
-FY25 price return: 54%

ETMarkets.com

4/10

Mahindra & Mahindra

In October 2024, the number of MF schemes holding the stock increased to 409, up from 373 in September ’24.
-Market value of MFs in the stock as of October 2024: Rs 49,032 crore
-FY25 price return: 46%

Agencies

5/10

Bharti Airtel

In October 2024, the number of MF schemes holding the stock increased to 510, up from 484 in September ’24.
-MFs market value in stock as of October 2024: Rs 98,893 crore
-FY25 Price Return: 26%

IANS

6/10

HCL Technologies

In October 2024, the number of MF schemes holding the stock increased to 357, up from 337 in September ’24.
-MFs market value in stock as of October 2024: Rs 39,878 crore
-FY25 Price Return: 20%

ET Spotlight

7/10

Torrent Pharmaceuticals

In October 2024, the number of MF schemes holding the stock increased to 186, up from 162 in September ’24.
-MFs market value in stock as of October 2024: Rs 5,201 crore
-FY25 Price Return: 19%

ETMarkets.com

8/10

ICICI Bank

In October 2024, the number of MF schemes holding the stock increased to 565, up from 542 in September ’24.
-MFs market value in stock as of October 2024: Rs 213,277 crore.
-FY25 Price Return: 15%

ETMarkets.com

9/10

Angel One

In October 2024, the number of MF schemes holding the stock increased to 95, up from 74 in September ’24.
-MFs market value in stock as of October 2024: Rs 3,053 crore.
-FY25 Price Return: -11%

Agencies

10/10

Punjab National Bank

In October 2024, the number of MF schemes holding the stock increased to 162, up from 132 in September ’24.
-MFs market value in stock as of October 2024: Rs 4,463 crore.
-FY25 Price Return: -20%

Agencies

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This article was originally published by Indiatimes.com. Read the original article here.