hat with the Sensex reaching dizzying heights, four experts gave their views on where they think it is headed.

They also suggested stocks they feel will perform well (see their prices increase) or make a good buy.

Well, here's what we did. We took those stocks and decided to find out which ones the mutual funds invested in.

Take a look at the results.

The hot list

To refresh your memory, we have listed the stocks they recommended. They are not ranked in any particular preference, but in alphabetical order.

If you are interested in which of these were short-term or long-term recommendations, do refer to the original article.

Company	Recommended by
ACC	2 experts
Arvind Mills	1 expert
Assam Co	1 expert
Bombay Dyeing	1 expert
Dr Reddy	1 expert
Grasim	2 experts
GSK	1 expert
HDFC Bank	1 expert
ITC	1 expert
Jaiprakash Associates	1 expert
M&M	2 experts
Ranbaxy	2 experts
Ravalgaon Sugar Farm	1 expert
SKF Bearings	1 expert
Tata Power	1 expert
TCS	1 expert
Wipro	1 expert

Now, let's find out how many mutual funds have invested in these stocks.

What we have done here is mention the number of schemes that have invested in these stocks.

Don't confuse this with the number of funds.

For example, Franklin Pharma is one fund, but it offers two schemes -- growth and dividend. This holds true for most of the other mutual funds.

Stocks starring in over 200 schemes:

Company	No of schemes
ITC	224
TCS	221
ACC	218
Grasim Industries	216
Ranbaxy Laboratories	210

Stocks starring in over 100 schemes:

Company	No of schemes
Wipro	116

Stocks starring in less than 100 schemes:

Company	No of schemes
Glaxosmithkline Pharma	96
Tata Power	95
Dr Reddy's Laboratories	77
HDFC Bank	76
Arvind Mills	63
Mahindra & Mahindra	23
SKF India Ltd (earlier, SKF Bearings)	17
Jaiprakash Associates	9
Bombay Dyeing	2

Which mutual fund has invested the most amount of money in these stocks?

Here is a table that will show you which mutual fund has invested the most in these companies in actual rupee terms. Take a look.

Company	Mutual fund	Investment
ITC	ULIP '71	Rs 182.07 crore
Mahindra & Mahindra	HSBC Equity	Rs 102.59 crore
Grasim Industries	Franklin India Bluechip	Rs 101.67 crore
TCS	Franklin India Bluechip	Rs 60.83 crore
HDFC Bank	Franklin India Bluechip	Rs 64.28 crore
Ranbaxy Laboratories	UTI Mastergain '92	Rs 56.82 crore
ACC	HSBC Equity	Rs 54.52 crore
Wipro	Morgan Stanley Growth	Rs 45.85 crore
Glaxosmithkline Pharma	ULIP '71	Rs 33.91 crore
Jaiprakash Associates	Reliance Growth	Rs 29.99 crore
Arvind Mills	Magnum Multiplier Plus	Rs 23.91 crore
Dr Reddy's Laboratories	UTI Mastergain '92	Rs 17.36 crore
Bombay Dyeing	Reliance Growth	Rs 12.74 crore
SKF India Ltd (earlier, SKF Bearings)	HDFC Capital Builder	Rs 9.03 crore
Tata Power	UTI Mastergain '92	Rs 7.62 crore

A comparison of these tables should give you a fair indication of who considers what stocks to be "hot".

Information was not available on Assam Co. and Ravalgaon Sugar Farm.

This date has been obtained from research outfit Value Research and was last updated on November 30, 2004.

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Image: Uday Kuckian