An analysis by ETMarkets revealed that 304 individual stocks were held by over 100 mutual fund schemes as of October 2026. Among that widely owned universe, 51 companies managed to generate returns surpassing 25% since the start of FY27. Seven exceptional counters more than doubled in value, led by Sterlite Technologies' dramatic multi-fold surge and underpinned by massive capital commitments from hundreds of asset managers.
Key points
Broad ownership across more than 100 mutual fund schemes generally signals strong institu…: Broad ownership across more than 100 mutual fund schemes generally signals strong institutional interest and retail confidence.
Over fifty widely held institutional stocks delivered returns exceeding 25% from the star…: Over fifty widely held institutional stocks delivered returns exceeding 25% from the start of the fiscal year.
Seven specific companies achieved multibagger status by more than doubling their market p…: Seven specific companies achieved multibagger status by more than doubling their market price over the measured period.
Sources checked by our analysis pipeline: 1
When a large number of mutual fund schemes hold a particular stock, it often signals strong institutional interest and may also strengthen retail investor confidence. As of October 2026, a total of 304 stocks were held by more than 100 mutual fund schemes, reflecting the breadth of mutual fund participation in these companies. An ETMarkets analysis revealed that 51 of these stocks had delivered gains of over 25% since the start of FY27. Notably, seven stocks had more than doubled in value during this period, emerging as multibaggers. (Data Source: ACE MF, ACE Equity)
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Sterlite Technologies
In FY27 so far, Sterlite Technologies shares have rallied 303%, rising from Rs 176 to Rs 712. As of October 2026, the stock was held by 108 mutual fund schemes, with total equity mutual fund holdings worth Rs 5,581 crore.
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Welspun Corp
Welspun Corp shares have gained 165% in FY27 so far, climbing from Rs 814 to Rs 2,160. As of October 2026, the stock was held by 136 mutual fund schemes, with total equity mutual fund investments valued…
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