5 most-bought small-cap stocks by mutual funds in May 2025

May 2025 saw some interesting shifts in mutual fund portfolios. From paints to healthcare service providers, fund managers made selective bets across sectors. The moves weren’t loud, but they offered clues about what the smart money is tracking. So, without further ado, here are the five small-cap stocks that saw the biggest jump in mutual fund holding last month. Company Stock Rating Mutual fund stake (May 2025) Mutual fund stake (April 2025) Change (% points) Sundaram Clayton  ★★ 20.2 17.2 3.0 Indigo Paints ★★★ 17.7 15.0 2.7 Medi Assist Healthcare Services  ★★★★ 25.3 22.8 2.5 Go Fashion (India)  ★★★★ 24.3 22.6 1.7 Wendt (India)  ★★★ 7.6 6.1 1.6 Sundaram Clayton Sundaram-Clayton makes aluminium parts used in vehicles, such as engine and transmission components. The company operates in two main areas—India and overseas markets. In the financial year 2024, about 64 per cent of its total revenue came from exports, mainly to North America and Europe. It earned Rs 2,316 crore from international sales and Rs 1,297 crore from India. Its factories ran at around 74 per cent capacity during the year. 3Y revenue 3Y net profit  Return on equity Return on capital employed 7.9% -181% -17.5% -2.1% Indigo Paints Indigo Paints is a decorative paints company with a wide portfolio that includes emulsions, enamels, primers, putties and waterproofing chemicals. It operates mainly in India and has also entered the construction chemicals space through its subsi