Micro-cap stocks carry very high risk, but also have the potential to deliver high returns. Fund managers apply various parameters to choose micro-cap stocks that have the potential to outperform over the long term
Dhuraivel Gunasekaran
June 23, 2024 / 10:21 IST
1/16
Micro-cap stocks are quite risky but have the potential to deliver high returns. Fund managers apply various parameters to choose micro-cap stocks that have the potential to outperform over the long term. Here are the top micro-cap stocks that were added by actively managed equity-oriented mutual funds (653 schemes) in May 2024 (data as of May 30). Stocks that are ranked below the 500th spot as per the Association of Mutual Funds in Indiaâs market capitalisation list are considered micro-caps. Source: ACEMF.
2/16
No. of actively managed equity schemes that newly added the stock: 27
Total no. of active schemes holding the stock: 27
AMFI market-cap rank: Newly listed.
Also see: 12 new midcap gems that PMS fund managers picked in May. Do you own any one?
3/16
No. of actively managed equity schemes that newly added the stock: 7
Total no. of active schemes holding the stock: 20
AMFI market-cap rank: 658
Also see: Midcap and smallcap funds: How should retail investors approach them?
4/16
No. of actively managed equity schemes that newly added the stock: 5
Total no. of active schemes holding the stock: 7
AMFI market-cap rank: 883
5/16
No. of actively managed equity schemes that newly added the stock: 5
Total no. of active schemes holding the stock: 23
AMFI market-cap rank: 903
6/16
No. of actively managed equity schemes that newly added the stock: 4
Total no. of active schemes holding the stock: 15
AMFI market-cap rank: 527
Also see: Sector, thematic funds: How to choose the best of the lot
7/16
No. of actively managed equity schemes that newly added the stock: 4
Total no. of active schemes holding the stock: 5
AMFI market-cap rank: 560
8/16
No. of actively managed equity schemes that newly added the stock: 4
Total no. of active schemes holding the stock: 24
AMFI market-cap rank: 573
9/16
No. of actively managed equity schemes that newly added the stock: 4
Total no. of active schemes holding the stock: 4
AMFI market-cap rank: 605
Also see: Ignore short-term gyrations. Here are five simple index funds for long-term wealth creation
10/16
No. of actively managed equity schemes that newly added the stock: 4
Total no. of active schemes holding the stock: 16
AMFI market-cap rank: 615
11/16
No. of actively managed equity schemes that newly added the stock: 4
Total no. of active schemes holding the stock: 30
AMFI market-cap rank: 619
12/16
No. of actively managed equity schemes that newly added the stock: 4
Total no. of active schemes holding the stock: 4
AMFI market-cap rank: 778
Also see: Why you should keep an eye on liquidity, price deviation and tracking error while investing in ETFs
13/16
No. of actively managed equity schemes that newly added the stock: 3
Total no. of active schemes holding the stock: 18
AMFI market-cap rank: 604
14/16
No. of actively managed equity schemes that newly added the stock: 2
Total no. of active schemes holding the stock: 14
AMFI market-cap rank: 634
15/16
No. of actively managed equity schemes that newly added the stock: 3
Total no. of active schemes holding the stock: 18
AMFI market-cap rank: 743
16/16
No. of actively managed equity schemes that newly added the stock: 3
Total no. of active schemes holding the stock: 4
AMFI market-cap rank: 875
Also see: Index mutual funds grab investor attention; hereâs how to get the best out of them
Dhuraivel Gunasekaran
Tags: #invest #micro-cap stocks #multibagger stocks #Mutual Funds
first published: Jun 17, 2024 07:51 am
Top Trends
Angel TaxWiproBudget newsNew Income tax slabIPO News
${res.must_watch_article[0].headline}
`); } if (res.stay_updated) { $(".stay-updated-ajax").html(res.stay_updated); } } catch (error) { console.log('Error in video', error); } } }) }, 8000); })
