Microcap multibaggers from pharma and healthcare sector that turned MF favourites

1 month ago

Active fund managers are preferably adding mid-, small- and micro- cap segment of pharmaceutical and healthcare businesses

March 04, 2024 / 07:06 AM IST

 ACEMF.

1/11

After putting up a tepid performance in 2022, pharma and healthcare funds made a strong comeback over the last 15 months with the Nifty Pharma index significantly outperforming the Nifty 50. Experts attribute this to a stable pricing environment in the US. So far this year, the pharmaceutical funds category yielded 10 percent returns, while the Nifty 50 index gained only 1 percent. Data shows that active fund managers are particularly interested in the small- and mid- cap segment of the pharma and healthcare sector. Here are the top microcap pharma stocks that were added by active mutual fund managers over the last three months. For the study, we considered stocks ranked above 500 to be microcap stocks, as per the latest AMFI’s market cap classification list. Only actively managed schemes were considered. Portfolio data shown below is as of January 31, 2024. [Source: ACEMF]

 SBI Magnum Children's Benefit Fund-Investment, HDFC Non-Cyclical Consumer and Aditya Birla SL Retirement Fund-40

2/11

Jupiter Life Line Hospitals
(Recently listed)
No. of active schemes newly added the stock: 38
Total no. active schemes holding the stock: 38
Sample of schemes that newly added the stock: SBI Magnum Children's Benefit Fund-Investment, HDFC Non-Cyclical Consumer and Aditya Birla SL Retirement Fund-40

 Want to buy an ETF? Check out these most liquid Equity ETFs

3/11

Innova Captab
(Recently listed)
No. of active schemes newly added the stock: 23
Total no. active schemes holding the stock: 23
Sample of schemes that newly added the stock: Kotak Consumption, Invesco India and Canara Rob Value Fund

Also see: Want to buy an ETF? Check out these most liquid Equity ETFs

 Quant Small Cap, ICICI Pru Pharma Healthcare & Diagnostics (P.H.D) and JM Focused Fund

4/11

Orchid Pharma
No. of active schemes newly added the stock: 13
Total no. active schemes holding the stock: 18
Sample of schemes that newly added the stock: Quant Small Cap, ICICI Pru Pharma Healthcare & Diagnostics (P.H.D) and JM Focused Fund

 ICICI Pru Innovation, Bandhan Midcap and HDFC Business Cycle Fund

5/11

Blue Jet Healthcare
(Recently listed)
No. of active schemes newly added the stock: 8
Total no. active schemes holding the stock: 8
Sample of schemes that newly added the stock: ICICI Pru Innovation, Bandhan Midcap and HDFC Business Cycle Fund

 These ULIP BAF funds return up to 12.2% over 10 years

6/11

Yatharth Hospital & Trauma Care Services
(Recently listed)
No. of active schemes newly added the stock: 7
Total no. active schemes holding the stock: 7
Sample of schemes that newly added the stock: HDFC Non-Cyclical Consumer, Groww Value and ICICI Pru Multicap Fund.

Also see: Switching between equity and debt: These ULIP BAF funds return up to 12.2% over 10 years

 HSBC Small Cap, Bandhan Small Cap and Bajaj Finserv Flexi Cap Fund

7/11

Neuland Laboratories
No. of active schemes newly added the stock: 6
Total no. active schemes holding the stock: 11
Sample of schemes that newly added the stock: HSBC Small Cap, Bandhan Small Cap and Bajaj Finserv Flexi Cap Fund

 Quant Healthcare, Quant Flexi Cap and Quant ESG Equity Fund.

8/11

Jubilant Pharmova
No. of active schemes newly added the stock: 4
Total no. active schemes holding the stock: 5
Sample of schemes that newly added the stock: Quant Healthcare, Quant Flexi Cap and Quant ESG Equity Fund.

 Mid-Cap Multibaggers that retirement goal Mutual Fund schemes chase

9/11

Artemis Medicare Services
No. of active schemes newly added the stock: 3
Total no. active schemes holding the stock: 8
Sample of schemes that newly added the stock: LIC MF Long Term Value and Bandhan Small Cap Fund

Also see: Mid-Cap Multibaggers that retirement goal Mutual Fund schemes chase

 Quant Healthcare and Quant Business Cycle Fund

10/11

Suven Life Sciences
No. of active schemes newly added the stock: 2
Total no. active schemes holding the stock: 2
Sample of schemes that newly added the stock: Quant Healthcare and Quant Business Cycle Fund

 Microcap stocks that fund houses have sold in 3 months

11/11

Thyrocare Technologies
No. of active schemes newly added the stock: 2
Total no. active schemes holding the stock: 10
Sample of schemes that newly added the stock: ICICI Pru Retirement Fund-Pure Equity and ICICI Pru Retirement Fund-Hybrid Aggressive.

Also see: Microcap stocks that fund houses have sold in 3 months

Dhuraivel Gunasekaran

Dhuraivel Gunasekaran

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