When a large number of mutual fund schemes invest in the same stock, it typically reflects strong institutional conviction and often boosts retail investor confidence. As of May 2026, data show that 268 stocks were held by more than 100 mutual fund schemes, highlighting broad-based institutional interest.

Institutional Bets

ETMarkets’ analysis reveals that 69 of these stocks have gained more than 10% since the start of CY26. Among them, 13 stocks rallied between 40% and 85% during the first five and a half months of CY26. This trend underscores the potential resilience and momentum of stocks backed by extensive mutual fund participation. (Data source: ACE MF, ACE Equity)

Acutaas Chemicals

In CY26, the stock rallied 84%, moving from Rs 1,703 to Rs 3,129. As of May 2026, it was held across 120 mutual fund schemes, with total equity mutual fund holdings worth Rs 3,627 crore.

Hitachi Energy India

In CY26, the stock surged 81%, rising from Rs 18,324 to Rs 33,239. As of May 2026, it featured in 202 mutual fund schemes, with total equity mutual fund holdings valued at Rs 6,359 crore.

Apar Industries

In CY26, the stock advanced 74%, climbing from Rs 8,368 to Rs 14,560. As of May 2026, it was part of 139 mutual fund schemes, with total equity mutual fund holdings of Rs 11,574 crore.

Thermax

In CY26, the stock gained 52%, increasing from Rs 3,017 to Rs 4,572. As of May 2026, it was held in 113 mutual fund schemes, with total equity mutual fund holdings worth Rs 7,875 crore.

GE Vernova T&D India

In CY26, the stock rose 51%, moving from Rs 3,132 to Rs 4,735. As of May 2026, it appeared in 272 mutual fund schemes, with total equity mutual fund holdings valued at Rs 20,077 crore.

Adani Power

In CY26, the stock climbed 51%, rising from Rs 143 to Rs 216. As of May 2026, it was held across 173 mutual fund schemes, with total equity mutual fund holdings of Rs 17,567 crore.

Kirloskar Oil Engines

In CY26, the stock advanced 48%, increasing from Rs 1,218 to Rs 1,798. As of May 2026, it featured in 131 mutual fund schemes, with total equity mutual fund holdings worth Rs 6,784 crore.

Adani Green Energy

In CY26, the stock rose 43%, moving from Rs 1,015 to Rs 1,454. As of May 2026, it was held in 142 mutual fund schemes, with total equity mutual fund holdings of Rs 8,036 crore.

Adani Energy Solutions

In CY26, the stock gained 42%, rising from Rs 1,029 to Rs 1,467. As of May 2026, it appeared in 155 mutual fund schemes, with total equity mutual fund holdings valued at Rs 13,109 crore.

Solar Industries India

In CY26, the stock climbed 40%, increasing from Rs 12,259 to Rs 17,147. As of May 2026, it was part of 244 mutual fund schemes, with total equity mutual fund holdings worth Rs 19,828 crore.

CG Power and Industrial Solutions

In CY26, the stock advanced 39%, moving from Rs 648 to Rs 901. As of May 2026, it was held in 259 mutual fund schemes, with total equity mutual fund holdings of Rs 14,343 crore.

Angel One

In CY26, the stock rose 38%, increasing from Rs 234 to Rs 324. As of May 2026, it featured in 158 mutual fund schemes, with total equity mutual fund holdings worth Rs 5,873 crore.

Ather Energy

In CY26, the stock gained 36%, rising from Rs 755 to Rs 1,028. As of May 2026, it was held across 140 mutual fund schemes, with total equity mutual fund holdings of Rs 7,446 crore.