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HDFC Mid-Cap Opportunities Fund's transactions in 20 stocks during January-March quarter included buying shares in Ipca Laboratories, Max Financial Services, and Adani Group owned ACC. It also added shares in Timken India, Mahindra & Mahindra Financial Services, and Fortis Healthcare Ltd.
Small and midcap schemes may impose restrictions on redemptions, cap employee withdrawals, and increase the exit load, while ensuring a proportionate liquidation of the portfolio during market crises to safeguard the interests of all investors. These measures have been outlined in the investor protection policies recently put out by mutual fund (MF) trustees. The policies for small and midcap schemes were prepared by MF trustees following directives from the Securities and Exchange Board of India (Sebi) earlier this month.
Equity funds saw a 28 per cent surge in inflows, reaching ₹21,780 crore in January. This marked the 35th consecutive month of positive inflows into equity funds, starting from March 2021, stated the Vintage Wealth Products Report for February.
Paytm is not among heavily-owned stocks by mutual funds in India as 23 fund houses via 69 schemes have invested Rs 1,995 crore in the company. Paytm’s average market-cap was Rs 53,327 crore during the June to December period.