New Delhi, April 24 -- When mutual funds start accumulating a stock, especially in the small-cap space, it's not by accident.

Fund managers spend weeks, sometimes months, doing the kind of due diligence most retail investors simply don't have the time or resources for.

So when fresh shareholding data shows a fund quietly building a position in a small-cap name, it's worth paying attention.

Here we look at four such small-cap companies.

These stocks are filtered using Equitymaster's stock screener: Smallcap Stocks Recently Bought by Mutual Funds in India.

In the most recent March 2026 quarter, mutual funds increased their stake by 7.5%, taking the overall shareholding to 17.24%.

This buying comes on top of three consecutive quarters ...