Synopsis Small cap schemes are enjoying their spot under the sun these days. Here is the list of our recommended small cap mutual fund schemes for April, 2021.
Getty Images
With many small cap funds offering close to 100% returns in one year, these schemes are enjoying their spot under the sun. Here is a monthly update on our recommended small cap mutual fund schemes for 2021. The good news is that there is no change in this list in the April.
Small cap mutual funds, which went through a tough time from 2017 to 2019, saw a rally in the last quarter of 2020. The recovery rally witnessed some small cap funds giving eye-popping returns. At the moment, the small cap fund category is offering an average return of 92.60% returns in the last one year.
Updated Apr 11, 2021 | 12:05 IST
Since FoFs invest in other mutual fund schemes, investors pay fund management charges for both the underlying funds and the FoF itself. Representational image
New Delhi: Of late many fund houses have launched domestic fund of funds (FoF). But unlike international FoFs the utility of domestic FoFs is not much unless it serves a specific purpose. Investors should take into account the following points before investing in a domestic FoF.
1) High cost: Since FoFs invest in other mutual fund schemes, investors pay fund management charges for both the underlying funds and the FoF itself. For example, in Nippon India Asset Allocator FoF, investors have to pay the expense ratio of the FoF, which is 0.19% and the weighted average expense ratio of its underlying funds Nippon India Small Cap Fund, Nippon India Growth Fund and Nippon India Large Cap Fund- that charge between 1.06% to 1.26% fee per annum. Financial planners say on
Is it fine to invest in 5 mid and small cap funds?
SECTIONS
Last Updated: Mar 10, 2021, 12:31 PM IST
Share
Synopsis
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
Getty Images
I am doing a monthly SIP of Rs 5,000 each in below mutual funds considering for long term (>10 years)/retirement. Please advice me if it is okay to continue with these funds? If not, can you please suggest in which funds should I stop my SIP and in which new funds should I start my SIP?
Fineotex Chemical stock climbs 14% after Nippon India Fund buys 66.08 lakh shares
Stock of Fineotex Chemical gained 14.87% to Rs 62.15 against previous close of Rs 54.10 on BSE. Market cap of the firm rose to Rs 655 crore on BSE
BusinessToday.In | December 29, 2020 | Updated 11:27 IST
Fineotex Chemical share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
Fineotex Chemical share rose over 14% in early trade today after Nippon India Small Cap Fund bought shares of the company. Stock of Fineotex Chemical gained 14.87% to Rs 62.15 against previous close of Rs 54.10 on BSE. At 11:02 am, the share was trading 8.87% higher at Rs 58.60.
Market cap of the firm rose to Rs 655 crore on BSE. The stock has gained 23.08% in the last 2 days. The micro cap share opened with a gain of 10.17% at Rs 59.60 today.