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Monday, December 23, 2024 | 01:47 PM ISTEN Hindi

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Little-known firms which have caught the fancy of fund managers

Domestic fund managers are always on lookout for little-known companies with encouraging prospects

mutual fund, tax, insurance, saving, invest, bank
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mutual fund, tax, insurance, saving, invest, bank

Chandan Kishore Kant
Domestic fund managers are always on the lookout for little-known companies with encouraging prospects. At a time inflows into mutual fund schemes are strong, finding such stocks becomes even more imperative. In April, names of several new companies featured in the mutual fund (MF) portfolio. For instance, L&T MF was seen buying shares of realty company Arihant Superstructures. Other companies which saw MF investments include cement company Visaka Industries, speciality chemical company Bodal Chemicals and integrated oil & gas player Deep Industries. HDFC MF was seen buying in textile company Garware Wall Ropes. Auto ancillary companies such as PPAP Automotive

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