At a time when investors are preferring higher-risk investment products like thematic and small-cap mutual fund (MF) schemes, some fund houses are exploring the possibility of going further down the market-capitalisation (m-cap) ladder to unearth newer investment opportunities.
HDFC MF had filed papers with the capital markets regulator — the Securities and Exchange Board of India (Sebi) — earlier this year for an active micro-cap scheme. Some more fund houses are keen on launching such schemes, say industry observers.
