Mutual funds pile into Lenskart with ₹3,549 cr May buy, top mid-cap pick
May AMC data shows Lenskart led mid-cap accumulation at ₹3,549 cr, ahead of Pine Labs (₹1,140 cr) and PB Fintech parent Billionbrains (₹2,937 cr). Reliance drew ₹7,000 cr+ and Zomato parent Eternal ₹2,200 cr+, signaling institutional conviction in India's consumer-internet and retail-platform pipeline.
Mutual fund buying data for May shows Lenskart topped mid-cap purchases at ₹3,549 cr, while Reliance Industries, Eternal (Zomato parent), Pine Labs and PB Fintech attracted heavy inflows, signaling institutional conviction in Indian consumer-internet and retail-platform businesses.