A range of stocks have attracted the attention of mutual funds, where MGs have increased their shareholding in the most recent quarter. At the top of this list include construction and heavy engineering companies, textile firms, and a few IT and finance midcap players.

For the March quarter the MF picks have been Triveni Turbine, NCC Limited and back from the doghouse Welspun India. Fund managers also appear to be betting that Idea Cellular has bottomed out and will recover, hoping that the pricing war in the telecom industry will taper off. Another emerging favorite is financial company Capital First.

For the full set of shareholding screeners, click here.