The stress test on the mid- and small-cap mutual fund schemes mandated by market regulator SEBI has revealed that some of the larger players may be at higher risk compared to their smaller peers.
Large fund houses, including HDFC MF and SBI MF, with assets of ₹28,597 crore and ₹25,534 crore, will take 42 and 60 days to sell 50 per cent of their assets in the event of heavy redemption.