As per data from the Association of Mutual Funds in India (AMFI), equity mutual funds attracted an all-time high net inflow of ₹ 28,463 crores in March due to continued interest by investors. Here are a few shares that were bought heavily by Mutual Funds in the last quarter as per Trendlyne data:
| Companies | Increase in stake | Current Market Price (₹) | Market Capitalization (₹ in Cr) |
| Metropolis Healthcare Ltd. | 4.7% | 2443.65 | 12504.7 |
| Neogen Chemicals Ltd. | 4.0% | 1524.70 | 3,802.5 |
| Equitas Small Finance Bank Ltd. | 4.0% | 54.70 | 6,848.6 |
| Zee Entertainment Enterprises Ltd. | 3.3% | 267.65 | 25,708.3 |
| Gulshan Polyols Ltd. | 3.2% | 350.00 | 1,726.7 |
| Stove Kraft Limited | 3.2% | 651.40 | 2,141.0 |
Metropolis Healthcare Ltd.
Some of the major mutual funds that have holdings in the stocks of the company are
- Aditya Birla Sun Life Flexi Cap Fund (2,414,855 shares or a 4.7% stake),
- UTI Flexi Cap Fund (2,359,740 shares or a 4.6% stake) and
- ICICI Prudential Long Term Equity Fund Tax Savings Fund (1,122,079 shares or a 2.2% stake).
Metropolis Healthcare is an Indian multinational chain of diagnostic companies that has over 124 clinical laboratories and 2,400 collection centres across 7 countries including India. It is about to set up 1,800 collection centres in the next three years.
Neogen Chemicals Ltd.
Some of the major mutual funds that have holdings in the stocks of the company are:
- Axis Small Cap Fund (1,795,455 shares for a 7.2% stake)
- SBI Contra Fund (1,769,339 shares for a 7.1% stake)
- Sundaram Small Cap Fund (265,529 shares for a 1.1% stake)
The company manufactures bromine and lithium-based organic and organo-metallic compounds that are used in the pharmaceutical, agricultural chemicals, and engineering industries. It has 3 state-of-the-art manufacturing facilities in Navi Mumbai, Maharashtra, and Vadodara.
Equitas Small Finance Bank Ltd.
Some of the major mutual funds that have holdings in the stocks of the company are:
- Hdfc Retirement Savings Fund-Equity Plan (42,927,765 shares for a 3.4% stake)
- Sbi Large & Midcap Fund (35,454,376 shares for a 2.8% stake)
- Mirae Asset Large Cap Fund (26,006,021 shares for a 2.1% stake)
- Nippon India Retirement Fund – Income Generation Scheme (25,263,455 shares for a 2% stake)
- Franklin India Smaller Companies Fund (14,244,569 shares for a 1.1% stake)
- Icici Prudential Life Insurance Company Limited (12,934,911 shares for a 1.0% stake)
Before acquiring a small bank licence, the company operated as a wholly-owned subsidiary of Equitas Holding Ltd. It has presence in 17 states & UTs with 861 Banking outlets & 330 ATMs with clientele of more than 40 lacs.
Zee Entertainment Enterprises Ltd.
Some of the major mutual funds that have holdings in the stocks of the company are:
- Nippon India Multi Cap Fund (28,230,588 shares for a 2.9% stake)
- Icici Prudential Equity Arbitrage Fund (17,311,264 shares for a 1.8% stake)
- L & T India Value Fund (14,700,216 shares for a 1.5% stake)
- Aditya Birla Sun Life Arbitrage Fund (11,011,937 shares for a 1.2% stake)
Zee Entertainment Enterprises is engaged in the business of Broadcasting of Satellite Television Channels, Space Selling agents for other satellite television channels, and Sale of Media Content i.e. programs / film rights / feeds /music rights. It was the first Indian company to start an international channel.
Gulshan Polyols Ltd.
Some of the major mutual funds that have holdings in the stocks of the company are:
- Aditya Birla Sun Life Pure Value Fund (857,632 shares for a 1.7% stake)
- Quant Small Cap Fund (735,113 shares for a 1.5% stake)
It is one of the largest manufacturers of Precipitated Calcium Carbonate and Sorbitol in India. It has also kicked off the process of setting up a 300 KLPD Grain based Ethanol.
Stove Kraft Limited
Some of the major mutual funds that have holdings in the stocks of the company are:
- Pgim India Small Cap Fund (1,435,000 shares for a4.4% stake)
- Nippon India Small Cap Fund (1,261,501 shares for a 3.9%)
It manufactures a wide range of kitchen solutions under brands like Pigeon, Gilma and Black Decker. It exports to large supermarket chains in the USA and Mexico like Walmart, Big Lots, and so on. The company will expand its branded product portfolio to move away from low-margin segments such as oil company stove-related business and Government tenders, which resulted in slower growth.
Disclaimer
The content in this news article is not investment advice. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
