Mutual funds choose hot stocks!

hat with the Sensex reaching dizzying heights, four experts gave their views on where they think it is headed.

They also suggested stocks they feel will perform well (see their prices increase) or make a good buy.

Well, here's what we did. We took those stocks and decided to find out which ones the mutual funds invested in.

Take a look at the results.

The hot list

To refresh your memory, we have listed the stocks they recommended. They are not ranked in any particular preference, but in alphabetical order.

If you are interested in which of these were short-term or long-term recommendations, do refer to the original article.

Now, let's find out how many mutual funds have invested in these stocks.

What we have done here is mention the number of schemes that have invested in these stocks.

Don't confuse this with the number of funds.

For example, Franklin Pharma is one fund, but it offers two schemes -- growth and dividend. This holds true for most of the other mutual funds.

Stocks starring in over 200 schemes:

Stocks starring in over 100 schemes:

Stocks starring in less than 100 schemes:

Which mutual fund has invested the most amount of money in these stocks?

Here is a table that will show you which mutual fund has invested the most in these companies in actual rupee terms. Take a look.

A comparison of these tables should give you a fair indication of who considers what stocks to be "hot".

Information was not available on Assam Co. and Ravalgaon Sugar Farm.

This date has been obtained from research outfit Value Research and was last updated on November 30, 2004.

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Image: Uday Kuckian