ET Wealth | 6 stocks MFs are buying amid slump
Mutual funds are increasing their holdings in specific stocks amid a prolonged market slump, offering potential entry points for high-conviction investments. Among the top five funds currently buying these stocks are KFin Technologies, Rainbow Children's Medicare, and Indus Towers.
KFin Technologies, a fintech company serving the operational needs of asset managers, has seen a shift in focus towards large clients and international business expansion. The company has undertaken cost optimisation measures and aims for 40% Ebitda margin in FY27. Analysts view its technology-led, asset-light platform model as well-positioned to capitalize on growth opportunities across both Indian and global markets.
Rainbow Children's Medicare, India's largest multi-specialty pediatric and perinatal hospital chain, is growing through integration of different stages of patient care and diversification into high-growth non-core markets. Analysts predict a doubling of revenue over the next four years, bolstered by leadership in the pediatric market and potential for higher lifetime value per patient.
Indus Towers, India's largest mobile tower infrastructure company, has strong order visibility for the next 3-4 quarters driven by network expansion and migrant tenancies from rival operators. Relief on Vodafone Idea's AGR dues has improved cash flow for network upgrades and 5G rollout. Despite potential delays in Reliance Jio's contract renewal, Indus Towers' Africa expansion into Nigeria, Uganda, and Zambia presents long-term growth potential.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
