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April 2025 saw some interesting moves in mutual fund portfolios. From lending institutions serving the underbanked to firms driving innovation in pharma and biotech, the picks weren’t flashy, but they were telling. So, without further ado, let’s look at which stocks topped the buy list in April 2025. Company Mutual fund stake (March 31, 2025) Mutual fund stake (April 30, 2025) Change (% points) Ujjivan Small Finance Bank 3.78% 6.92% 3.14 Syngene International 15.17% 17.38% 2.21 Equitas Small Finance Bank 34.79% 36.91% 2.11 Ujjivan Small Finance Bank (Ujjivan SFB) P/B Net Interest Margin Return on assets Return on equity Net NPA ratio 1.4 8.31% 1.43 13.02% 0.87% Five-year data It is a financial institution in India, primarily focused on empowering underserved communities with accessible, need-based financial solutions. As of March 31, 2025, it had 753 branches across 26 states/UTs, serving over 95 lakh customers. Syngene International






