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Top 4 Multibagger Stocks held by Mutual Funds: Last week, the BSE Sensex crossed the 60,000 mark, which is a remarkable milestone in the Indian equity markets. The equity market has grown rapidly in the last 18 months despite many adverse conditions. The Sensex has gained 130 per cent during this period. Equity mutual funds have given returns up to 350 percent during this period. Here are the multibagger stocks held by mutual funds, which have increased by 20 times since March 2020. Most of these were small and microcap stocks.
1. Balaji Amines
Balaji Amines, belonging to the chemical sector, has been a part of Nifty Smallcap 250 Index and Nifty 500 Index. Apart from the four passive funds, Quant Active Fund also holds this stock in its portfolio. Quant Active had added this share only two months back. Since March 2021 till now, the prices of these shares have registered an increase of about 20 times.
2. Tanla Platforms
The stock of software-related Tanla Platforms has changed the fortunes of its investors by performing well in the last 18 months. Simply put, if a person had invested in this stock in March 2020, then now he would have got a return of about 20 lakh rupees. Its shares have consistently made a good hold in the market.
3. CG Power and Industrial Solutions
CG Power and Industrial Solutions stock holding schemes include Navi Long Term Advantage, HDFC Flexi Cap (more than three years), IDFC Tax Advantage (over three years) Axis Growth Op (in last six months). These shares have also made investors rich in the last several months.
4. Saregama India
This media stock is held by Tata Small Cap (in last two years), BOI AXA Tax Advantage and Union Small Cap (in last five months). Its performance from March 2020 till now has been very good. Those who had invested in these stocks are getting about 20 times returns.
Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. Anyone from ABPLive.com Also investing money is never advised here.)
Also read: Multibagger Stock Tips: This multibagger stock made investors millionaires in 10 years, gave 123 times return
Multibagger Stock Tips: This multibagger stock made investors’ money 3 times in just 6 months, know the previous record
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