Higher allocation in a 100-bagger can be a true wealth-generator for investors
30-May-2023 •Ashish Menon
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.
|Company||Mutual fund (first bought)||Growth since spotted||Held for (months)||Average allocation (%)|
|Alkyl Amines Chemicals||Kotak Small Cap (May 2019)||15x||32||1.5|
|Navin Fluorine International||Nippon India Small Cap (Apr 2013)||106x||121||2.6|
|Stylam Industries||Quant Small Cap (Oct 2018)||4x||50||5.8|
|UNO Minda||Bandhan Sterling Value (Aug 2016)||16x||81||2.3|
Read the first part here .