News From Press Why mutual fund AMCs are declining fresh lump-sum investments in small-cap funds — explained

Why mutual fund AMCs are declining fresh lump-sum investments in small-cap funds — explained

Source: Mint Jul 15, 2023

Mutual funds investment: Amid Indian stock market climbing to a new peak in recent sessions, most of the benchmark indices including small-cap index has surged to record high levels, delivering stellar return to the equity investors. However, for surprise to some fresh mutual fund investors, some asset management companies (AMCs) declined to receive fresh lump-sum investment in small-cap schemes when Indian stock market was scaling new highs on a regular basis.

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