In January 2024, mutual funds (MFs) maintained a positive outlook on Indian equities, evident from their net investments totalling approximately Rs 23,010 crore. An examination conducted by ETMarkets emphasized that six stocks were included in the portfolios of at least 20 MFs in January 2024, as compared to December 2023. All six stocks have delivered returns exceeding 30% in FY24 thus far, with two of them achieving gains surpassing 200% during the same fiscal period. (Data Source: ACE MF | ACE Equity)