Holding of a stock in the portfolio of an institutional entity be it foreign institutional investor (FIIs) or mutual fund companies or for that matter domestic institutional investor is highly crucial. This is so because it points to a belief in the company’s growth and prospects going ahead and also is a good indicative point for retail investor category.
So, here are listed few such MF owned small cap scrips that generated up to 528 percent returns for investors:
|Stock||Sector||Price as on October 6, 2020||Price as on October 6, 2021||Gains in %|
|Intellect Design Arena||Computer software||Rs. 249||Rs. 688||176%|
|Tejas Networks||Telecom-Equipment||Rs. 78||Rs. 490||528%|
|Balaji Amines||Chemicals||Rs. 809.6||Rs. 4665||476%|
|Tanla Platforms||Computer-software||Rs. 275.3||Rs. 865||214%|
|CG Power and Industrial Solutions Limited||Electric equipment||Rs. 25.35||Rs. 115.2||354%|
1. Intellect Design Arena:
The computer software entity is engaged in creating financial technologies for banks that help them lead businesses. The company is a small cap scrip commanding a market cap of Rs. 9265 crore. The stock’s 52-week high price is Rs. 892.
As of August 2021, the stock of Intellect Design has been held by 8 mutual funds and this has reduced from June 2021 when it was held by 9 funds. Nippon India Small Cap fund has the highest number of shares in the company at 1,225,370 as of August 2021.
2. Tejas Networks:
Tejas Networks is a global enterprise, founded in the year 2000. The company products include optical gears, wireless-for LTE/5G wireless broadband access as well as Ethernet switches for building crucial infrastructure.
Shares of the company are held by Nippon India Small Cap Fund – Growth and Edelweiss Small Cap Fund Regular Growth
This is again a small cap scrip with m-cap as of October 6, 2021 at Rs. 5586 crore.
3. Balaji Amines:
Balaji Amines Ltd., INDIA, an ISO 9001: 2015 certified company is specialised in manufacturing Methylamines, Ethylamines, Derivatives of Specialty Chemicals and Pharma Excipients. Other than this the company is also into manufacturing derivatives that are downstream products for several Pharma /Pesticide industries apart from user specific requirements.
This is again a small scrip company with m-cap of Rs. 15.155 crore.
As of August 2021, the scrip is held by 5 mutual funds while 1 of the mutual fund bought stake into it. Motilal Oswal Nifty 500 Fund Regular Growth was the highest buyer of 8 shares in Aug 2021, while Nippon India Nifty Smallcap 250 Index Fund Reg Gr was the highest seller of 41 shares in Aug 2021 constituting 0.00% of the paid up equity of the company.
4. Tanla Platforms:
Headquartered in Hyderabad, Tanla Platforms Limited earlier called Tanla Solutions Ltd. is a cloud communications company. The company provides value-added services in the cloud communications space.
As of the August month of the ongoing year, the stock is held by 5 mutual funds in total. BOI AXA Flexi Cap Fund Regular Growth was the highest buyer of 4,000 shares in Aug 2021, while Nippon India Nifty Smallcap 250 Index Fund Reg Gr was the highest seller of 307 shares in Aug 2021.
Tanla Platforms command a market cap of Rs. 11,753 crore
5. CG Power and Industrial Solutions Limited:
Part of the Murugappa Group, based out of Mumbai, the company was restructured in 2016 after the demerger of its consumer goods business. The company’s product line includes transformers, pump, HT & LT Motors, DC Motors, Railway Signaling.
The stock is owned by as many as 14 mutual fund as on August 2021, wherein Motilal Oswal Midcap 30 Regular Growth was the highest buyer of 1,250,000 shares in Aug 2021, while HDFC Flexi Cap Fund Growth was the highest seller of 4,118,586 shares in the same month.
The above list is collated to give an idea about how mutual fund holding in a stock can be lucrative for the stock. Do note here in there is no recommendation given to buy these counters as returns mentioned are past returns and do not guarantee future performance.