IDBI Asset Management Co. Ltd is India’s 24th largest fund house, with assets under management of close to Rs8,000 crore. The asset management company (AMC) has launched a new scheme called IDBI Small Cap Fund (ISCF).
What is it about?
ICSF is an equity fund that will invest in equity shares of small-sized companies. For purposes of this fund, a small-sized company is defined as one whose market capitalisation, at the time of investment, is equal to or lower than the highest market capitalisation stock in the Nifty Small-cap 250 Index.
