Top 5 Mid-Cap Stocks that Mutual Funds Bought in November 2022

The Federal Bank Ltd.

Value of Shares held - Rs. 11,292 cr A well-established bank offering banking products & services in India.

The Indian Hotels Company Ltd.

Value of Shares held -  Rs. 10,842 cr Tata group owned hospitality company that runs multiple hotels and resorts in India.

PI Industries Ltd.

Value of Shares held - Rs. 9,799 cr A profit-making agro chemicals company that has achieved organic growth since 1947.

Cummins India Ltd.

Value of Shares held -  Rs. 9,583 cr A 50-year old market leader that manufactures engines, generators & related components.

TVS Motor Company Ltd.

Value of Shares held -  Rs. 9,566 cr India's 3rd largest motorcycle company manufactures & sells scooters, mopeds, 3-wheelers, and auto components.

Why Mid-Cap Stocks?

Mid-cap companies offer more growth potential than large-cap companies.

Diversification Benefit

An investment portfolio can achieve better diversification and improved risk-return balance with mid-cap stocks.