15 Stocks Backed by 100+ Mutual Funds Deliver Strong Gains in CY26

A group of stocks with widespread mutual fund ownership has delivered a strong performance in the first seven-and-a-half months of calendar year 2026, highlighting the gains seen across several companies that have attracted significant institutional participation.

Data cited by ETMarkets show that 280 listed stocks were held by more than 100 mutual fund schemes as of July 2026. Among them, 113 stocks had risen by more than 10% since the beginning of the year. A smaller group of 15 stocks stood out with gains ranging from 50% to more than 130% during the period.

The data, sourced from ACE MF and ACE Equity, indicates that strong returns were not limited to a single industry. The list includes companies operating across infrastructure, electric mobility, power equipment, chemicals, pharmaceuticals, defence-related manufacturing, auto components and energy.

Welspun Corp leads the pack

Welspun Corp recorded the strongest gain among the stocks highlighted in the analysis. Its share price climbed from ₹813 at the beginning of CY26 to ₹1,883, representing a 132% increase. By July, the company was held by 111 mutual fund schemes, whose combined equity mutual fund holdings were valued at ₹3,624 crore.

Apar Industries followed with a 106% rise. The stock moved from ₹8,368 to ₹17,218 during CY26. Mutual fund participation stood at 164 schemes in July, with equity holdings worth ₹11,969 crore.

Ather Energy also more than doubled during the period. Its shares advanced from ₹755 to ₹1,527, translating into a 102% gain. The electric two-wheeler company had exposure across 180 mutual fund schemes, with their combined equity holdings valued at ₹9,577 crore.

Power and infrastructure stocks feature prominently

Hitachi Energy India was another major performer, gaining 94% in CY26. Its share price increased from ₹18,324 to ₹35,620. The company was held by 229 mutual fund schemes in July, while total equity mutual fund holdings amounted to ₹5,359 crore.

Schneider Electric Infrastructure delivered a 91% gain, with its stock moving from ₹722 to ₹1,378. It was held by 103 mutual fund schemes, representing equity mutual fund holdings of ₹1,286 crore.

The strong showing from these companies adds to the broader representation of infrastructure and power-related businesses among the year's leading performers in this mutual-fund-owned group.

Healthcare and speciality businesses also gain

Acutaas Chemicals registered an 83% rise, with its stock advancing from ₹1,703 to ₹3,111. The company was held by 144 mutual fund schemes in July, with combined equity holdings of ₹3,548 crore.

Data Patterns (India) gained 73%, moving from ₹2,624 to ₹4,531. Mutual fund ownership extended across 106 schemes, which collectively held equity worth ₹2,506 crore.

Gland Pharma recorded a 72% gain, rising from ₹1,722 to ₹2,967. It had 138 mutual fund schemes holding the stock, with their equity holdings valued at ₹10,970 crore.

Kirloskar Oil Engines delivered a 69% return, increasing from ₹1,218 to ₹2,060. It was present in 154 mutual fund portfolios, with combined equity holdings of ₹7,252 crore.

Several other stocks delivered gains above 50%

Laurus Labs and Sona BLW Precision Forgings each recorded a 66% increase during CY26. Laurus Labs rose from ₹1,108 to ₹1,841 and was held by 215 mutual fund schemes, with equity holdings worth ₹9,490 crore.

Sona BLW Precision Forgings advanced from ₹479 to ₹795. The stock was held across 221 schemes, with total mutual fund equity holdings of ₹17,434 crore.

Solar Industries India also gained 66%, moving from ₹12,259 to ₹20,290. It had the highest mutual fund participation among the stocks listed, with 285 schemes holding the company and combined equity holdings of ₹20,123 crore.

Sai Life Sciences rose 60%, from ₹907 to ₹1,452, and was held by 158 mutual fund schemes. Their equity holdings were worth ₹8,263 crore.

Adani Energy Solutions gained 54%, rising from ₹1,029 to ₹1,581. The company was held by 221 mutual fund schemes, with combined equity holdings of ₹17,378 crore.

Neuland Laboratories rounded out the list with a 53% gain. Its share price moved from ₹15,190 to ₹23,222. The company was held by 117 mutual fund schemes, with total equity mutual fund holdings of ₹3,278 crore.

What the data indicates

The performance of these stocks illustrates the strength of institutional participation in selected companies during CY26. A large number of mutual fund schemes holding a stock does not guarantee future returns, but the figures show that several companies with broad institutional ownership have delivered substantial gains this year.

The wide range of sectors represented in the list also shows that the rally has extended beyond one particular theme. Investors have seen strong performances from infrastructure and power businesses as well as pharmaceuticals, chemicals, electric mobility, defence-related companies and auto-component manufacturers.

For investors, however, past price gains and mutual fund ownership are not by themselves sufficient reasons to buy a stock. Valuation, earnings, business prospects and future risks remain important factors when assessing whether a strong CY26 performer can sustain its momentum.