Mutual funds that hit the 100-bagger jackpot

In our story - Mutual funds that spotted 100-baggers early - we saw how tough it is for even fund managers to spot a phoenix-like stock in its early days.

We also noted that although a few mutual funds did detect a 100-bagger in its early stages, what really helps generate investor wealth is by having a higher allocation in them.

So, without much ado, let's look at the list of funds that hit the 100-bagger jackpot by putting a higher percentage of their money in them.

Observations

• Nippon India's investment in Navin Fluorine is the best of both worlds. Not only did it spot the 100-bagger early, but it also had a sizable allocation.
• Even though Quant's investment in Stylam Industries has 'only' gone up four times, it has contributed up to 2.2 per cent of its Small Cap Fund 's returns in just about 50 months. That's because it has put 5.8 per cent of its money on Stylam.
  Hence, the higher the allocation, the higher the investor returns.
• Likewise, Kotak Small Cap Fund held on to Alkyl Amines Chemicals for 32 months with an average sizing of 1.5 per cent. The stock price increased 10 times during the period, adding as much as 2 per cent to the fund's returns.

A similar theme played out for Bandhan Sterling Value 's UNO Minda call.

Read the first part here .