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The objective of the scheme is to provide long-term growth in capital and income to investors by actively managing investments in a diversified portfolio of equity and equity-related securities across the entire market capitalization spectrum.
Lok Sabha elections: On Wednesday, Lok Sabha MP Shashi Tharoor filed his nomination from the Thiruvananthapuram constituency for the fourth consecutive time in the Lok Sabha elections. He will be facing MoS IT Rajeev Chandrasekhar, who is a BJP candidate.
Rahul Gandhi has investments across direct equities as well as mutual funds, gold and real estate. He likes to invest in mutual funds and sovereign gold bonds too.
According to the Sebi mandate, small cap schemes must invest in companies that are ranked below 250 in terms of market capitalisation. These schemes also will have to invest at least 65% in small cap stocks.
Smallcap funds led the way in equity mutual funds, followed by Infrastructure and midcap funds. Noteworthy performers included Quant Small Cap Fund, Quant Mid Cap Fund, and Motilal Oswal Midcap Fund, showcasing impressive returns over five years.