The Economic Times daily newspaper is available online now.

    Niche mid- & small-cap growth stocks top MF picks in September

    Synopsis

    Steep valuations of large-cap index names and the sharp run in the broad market prompted mutual fund managers to look at niche growth stories in the midcap and small-cap spaces in September. ​​Strong flows into new fund offers in the mid-cap and multi-cap categories during the month led to flows into smaller shares.

    MFThinkStock Photos
    Fund managers eyed companies that would benefit from the economic recovery, seasonal demand and incremental demand arising out of improving capital expenditure.
    Steep valuations of large-cap index names and the sharp run in the broad market prompted mutual fund managers to look at niche growth stories in the midcap and small-cap spaces in September.

    Strong flows into new fund offers in the mid-cap and multi-cap categories during the month led to flows into smaller shares.

    Fund managers eyed companies that would benefit from the economic recovery, seasonal demand and incremental demand arising out of improving capital expenditure.

    Some of the stocks picked by the top five fund houses were Indian Energy Exchange, Wonderla Holidays, PTC India and APL Apollo Tubes. IPOs, too, found favour with fund houses which participated in the share sales of Vijaya Diagnostic Centre, Aditya Birla Sun Life AMC and Sansera Engineering.

    MF




    ( Originally published on Oct 15, 2021 )
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in