In March, six mutual funds executed complete exits from 12 smallcap stocks, reflecting their active portfolio management strategies. HDFC Mutual Fund notably exited three stocks: Elecon Engineering, TCPL Packaging, and TD Power Systems. Similarly, SBI Mutual Fund exited three stocks, including Angel One and Indian Energy Exchange. Other funds, such as Kotak Mutual Fund and Axis Mutual Fund, made smaller exits, with Kotak exiting Indraprastha Gas and Axis exiting TTK Prestige. Nippon India Mutual Fund also exited three stocks, including Honeywell Auto and Indiamart Inter. Lastly, ICICI Prudential Mutual Fund exited Aditya AMC. These strategic moves indicate a shift in investment focus among these funds.