Every month mutual funds buy and sell securities to offer good returns to investors. Here are the top 10 smallcap stocks bought by mutual funds in April, according to a report by ICICI Direct Research.
iStock
Mutual funds held 43 lakh shares of Nirlon in April. The stock was the new addition in April. The total market value of these shares in April was Rs 189 crore.
ETMarkets.com
3/11
Sterlite Technologies
Mutual funds held 411 lakh shares of Sterlite Technologies in April against 4 lakh shares in March. The total market value of these shares in April was Rs 565 crore.
ETMarkets.com
Mutual funds held 30 lakh shares of PSP Projects in April against 8 lakh shares in March. The total market value of these shares in April was Rs 205 crore.
ETMarkets.com
Mutual funds held 50 lakh shares of Shilpa Medicare in April against 13 lakh shares in March. The total market value of these shares in April was Rs 274 crore.
Agencies
Mutual funds held 129 lakh shares of Ircon International in April against 42 lakh shares in March. The total market value of these shares in April was Rs 324 crore.
ETMarkets.com
Mutual funds held 82 lakh shares of Anant Raj in April against 41 lakh shares in March. The total market value of these shares in April was Rs 298 crore.
ETMarkets.com
8/11
Deepak Fertilisers And Petrochemicals Corporation
Mutual funds held 32 lakh shares of Deepak Fertilisers in April against 17 lakh shares in March. The total market value of these shares in April was Rs 196 crore.
Agencies
Mutual funds held 97 lakh shares of Angel One in April against 59 lakh shares in March. The total market value of these shares in April was Rs 2,700 crore.
Agencies
10/11
Indo Count Industries
Mutual funds held 29 lakh shares of Indo Count Industries in April against 19 lakh shares in March. The total market value of these shares in April was Rs 115 crore.
Wikipedia
11/11
Camlin Fine Sciences
Mutual funds held 60 lakh shares of Camlin Fine Sciences in April against 46 lakh shares in March. The total market value of these shares in April was Rs 64 crore.
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