Multibagger Stock: Tremendous returns, darling of mutual funds too, everyone is betting on these 5 stocks
Mutual Funds Favorite Stocks- Retail investors keep a close eye on the portfolio of mutual funds. It is believed that funds select stocks very carefully and invest only in such earning stocks. Some stocks have so much growth potential that mutual fund schemes queue up to include them in their portfolios. Even in February 2024, mutual funds invested heavily in some stocks.
Today we will tell you about five such stocks on which mutual funds placed maximum bets in February 2024. That is, these are such shares which are included in most mutual fund schemes. These shares have also given multibagger returns to investors in the current financial year.
Mutual funds placed heavy bets in the shares of Power Finance Corporation in February 2024. Last month, 218 schemes invested in this stock. This stock has given 254 percent return to investors so far in the financial year 2024.
By the end of February, 250 mutual fund schemes have invested in Zomato Shares. In the last one year, Zomato shares have given 191 percent profit to investors. Zomato shares have already given 28 percent profit to investors in the year 2024.
Trent Share is also a darling stock of mutual funds. Till the end of February, this stock was part of the portfolio of 208 mutual fund schemes. This stock has given 192 percent return so far in the financial year. So far in the year 2024, this multibagger stock has given 32 percent profit to investors.
The number of mutual fund schemes investing in Tata Motors shares by the end of February 2024 is 309. Has given 125 percent return so far in the financial year. So far in the year 2024, the share price of Tata Motors has increased by 19 percent.
Bajaj Auto Share has given a return of 118 percent to its investors so far in the current financial year. According to the data till February 2024, 234 mutual fund schemes had invested money in this stock. This auto share has strengthened by 24 percent so far in the year 2024.