Micro-caps that Funds are Betting On

Continuing with our constant analysis of mutual fund activity, we have come up with some tiny companies which form a part mutual fund portfolios. Usually MFs avoid very small companies, but we have found some interesting names which are even smaller than ₹200 crore in terms of market capitalisation. Tiny companies, as per Value Research, are the companies which are the bottom 1 per cent of the market cap of the listed universe. Following are 14 such companies where various MFs have significant holdings despite their tiny sizes. Company NameMarket cap (₹cr)MF holding (% of equity)Revenue (₹cr)Net profit (₹cr)Allsec Technologies383.3152-25C&C Constructions598.71178-83Commercial Engineers & Body Builders1212.02110-55DQ Entertainment1881.5622121Easun Reyrolle11712.2990-44Globus Spirits1406.4553-3Hindustan Dorr-Oliver1227.99377-297Innoventive Industries735.03330-468Manugraph India1005.66190-16Mcdowel