At a time when some midcap stocks tumbled as much as 70 per cent over the past 12 months, domestic mutual funds (MFs) increased their exposure quarter-on-quarter (QoQ) in as many as 18 of them, according to data collated by ETMarkets.com.
Mutual funds increased their weightage in almost 18 stocks which emerged as big winners in the S&P BSE midcap index in last one year. They included names like Bata India, Arvind, Kensai Nerolac, Tata Communications, Pfizer, Gruh Finance, PVR, Dish TV, V-Guard and Muthoot Finance, among others.
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