Effective 20 February, you will not be able to invest in DSP BlackRock Micro Cap Fund (DMCF) as it has suspended the sale of fresh units for both lump sum investments and systematic investment plans (SIPs). This is not the first time a mutual fund is saying it doesn’t want your money.
No opportunities
Smallcap funds often find it challenging to buy a meaningful chunk of shares, in line with how much the fund managers think these companies would grow.