In December 2025, mutual funds (MFs) maintained strong confidence in Indian equities, with net investments totaling approximately Rs 38,939 crore for the month. According to an ETMarkets analysis, 52 stocks were added to the portfolios of 15 or more mutual fund schemes in December, up from November 2025. Remarkably, 21 of these stocks have delivered price gains exceeding 50% so far in FY26. Additionally, we highlighted 13 stocks that have appreciated between 75% and 160%, including 5 multibaggers in FY26 to date. (Data Source: ACE MF | ACE Equity) Confident Picks

13 stocks added by 15 MFs in December rally up to 160% in FY26, 5 turn multibaggers

Indian Equities Attract Strong Mutual Fund Investments in December 2025

Indian equities witnessed significant investment by mutual funds (MFs) in December 2025, with net investments totaling approximately Rs 38,939 crore for the month. This surge in investments indicates a strong confidence in the Indian market.

Key Takeaways:

52 stocks added to MF portfolios: 52 stocks were added to the portfolios of 15 or more mutual fund schemes in December 2025, a significant increase from November 2025.
Price gains exceeding 50%: 21 stocks have delivered price gains exceeding 50% so far in FY26.
Multibaggers in FY26: 5 multibaggers have appreciated in FY26 to date, with gains ranging from 75% to 160%.

MF Schemes Holding Stocks:

Adani Ports & SEZ: 63 MF schemes held the stock in December 2025, with a total value of Rs 368 crore and a 160% surge in FY26.
Infosys: 272 MF schemes participated in the stock in December 2025, with holdings valued at Rs 20,650 crore and a 128% appreciation in FY26.
ITC: 72 MF schemes held the stock in December 2025, with a total value of Rs 267 crore and a 126% gain in FY26.
Hindustan Unilever: 53 MF schemes invested in the stock in December 2025, with holdings valued at Rs 77 crore and a 116% rise in FY26.
Tata Motors: 153 MF schemes held the stock in December 2025, with a total value of Rs 3,048 crore and a 113% climb in FY26.
HDFC Bank: 185 MF schemes participated in the stock in December 2025, with holdings valued at Rs 7,178 crore and a 94% increase in FY26.
Reliance Industries: 174 MF schemes held the stock in December 2025, with a total value of Rs 9,368 crore and a 93% gain in FY26.
Bajaj Finance: 197 MF schemes participated in the stock in December 2025, with holdings valued at Rs 8,754 crore and an 83% appreciation in FY26.
Maruti Suzuki: 223 MF schemes held the stock in December 2025, with a total value of Rs 16,781 crore and an 83% rise in FY26.
Asian Paints: 234 MF schemes participated in the stock in December 2025, with holdings valued at Rs 16,405 crore and an 80% increase in FY26.