Popular small-cap funds continue to restrict investor flows even as this section of the market is witnessing a revival. So far this calendar year, the Nifty Smallcap 100 index has outperformed the benchmark Nifty by 6 percentage points.
Axis Mutual Fund (MF) has introduced limits on accepting investor flows into its small-cap fund. According to a notification by the fund house, fresh subscriptions would be accepted only for an amount up to Rs 2 crore per investor in a day. This would also apply to switch-ins and additional subscriptions, besides instalments through systematic investment ...
