The last one year was not so good for smallcap stocks. While the Nifty 50-TRI and the Nifty Midcap 150-TRI gained 9 percent and 13 percent respectively for the one year ended February 24, 2023, the Nifty Smallcap 100-TRI delivered almost flat returns. However, beaten down smallcap companies that have higher growth potential attracted more smart investors’ money that resulted in these stocks delivering triple digit return over the last one year. Here are the smallcap stocks held by mutual funds that delivered upto 252 percent over the last one year. Performance data mentioned is as of February 22, 2023. Portfolio data is as of January 31, 2023. Source: ACEMF.
- Apar Industries
No. of active schemes that hold the stock: 15
Sample of active schemes that hold the stock: HSBC Small Cap, LIC MF Flexi Cap and HDFC Multi Cap
- Mazagon Dock Shipbuilders
No. of active schemes that hold the stock: 3
Active schemes that hold the stock: SBI PSU, Aditya Birla SL PSU Equity and Shriram Flexi Cap
- Elecon Engineering Company
No. of active schemes that hold the stock: 3
Active schemes that hold the stock: LIC MF Flexi Cap, LIC MF Children's Gift and HDFC Multi Cap
- Apollo Micro Systems
No. of active schemes that hold the stock: 1
Active scheme that hold the stock: Quant Small Cap
- Rama Steel Tubes
No. of active schemes that hold the stock: 1
Active scheme that hold the stock: Quant Value
- Kirloskar Oil Engines
No. of active schemes that hold the stock: 25
Sample of active schemes that hold the stock: Franklin India Opportunities, Mahindra Manulife Multi Cap Badhat Yojana and IDBI Small Cap
- Power Mech Projects
No. of active schemes that hold the stock: 3
Active schemes that hold the stock: HSBC Business Cycles, HDFC Small Cap and HSBC Infrastructure
- Safari Industries (India)
No. of active schemes that hold the stock: 12
Sample of active schemes that hold the stock: Sundaram Consumption, Union Small Cap and DSP Small Cap
- Ujjivan Financial Services
No. of active schemes that hold the stock: 2
Active schemes that hold the stock: Sundaram Fin Serv Opp and Sundaram Small Cap
- Chennai Petroleum Corporation
No. of active schemes that hold the stock: 2
Active schemes that hold the stock: Quant Quantamental and ICICI Pru Infrastructure
- The Karnataka Bank
No. of active schemes that hold the stock: 5
Sample of active schemes that hold the stock: ITI Large Cap, ITI Banking & Financial Services and ITI Small Cap
- Sterling Tools
No. of active schemes that hold the stock: 1
Active scheme that hold the stock: HSBC Small Cap
- Titagarh Wagons
No. of active schemes that hold the stock: 4
Sample of active schemes that hold the stock: HDFC Large and Mid Cap, HDFC Infrastructure and HDFC Balanced Advantage
- Varun Beverages
No. of active schemes that hold the stock: 55
Sample of active schemes that held the stock: Tata Large & Mid Cap, Invesco India Focused 20 Equity and UTI Multi Asset
- Kirloskar Ferrous Industries
No. of active schemes that hold the stock: 6
Sample of active schemes that hold the stock: IDFC Infrastructure, Mahindra Manulife Small Cap and LIC MF Infra



