According to AMFI, companies ranking 251st position onwards in terms of market capitalization are called smallcaps. Here are the smallcap stocks from which mutual funds exited in December, according to a report by Emkay Global.

The fund houses sold shares of Central Depository Services (India) worth Rs 4.6 billion in December.

The fund houses sold shares of Manappuram Finance worth Rs 3.2 billion in December.

The fund houses sold shares of Star Health & Allied Insurance Company worth Rs 2.5 billion in December.

The fund houses sold shares of Affle India worth Rs 2.3 billion in December.

The fund houses sold shares of Aditya Birla Sun Life AMC worth Rs 1.9 billion in December.

The fund houses sold shares of KEC International and Avalon Technologies worth Rs 1.8 billion each in December.

The fund houses sold shares of KFin Technologies and Va Tech Wabag worth Rs 1.7 billion each in December.

The fund houses sold shares of Deepak Fertlizers & Petrochemicals worth Rs 1.6 billion in December.

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