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India's markets regulator is looking at whether local mutual fund schemes investing in small and mid-cap stocks would be able to withstand sharp falls in stock prices or sudden outflows, according to... -January 31, 2024 at 12:53 am EST - MarketScreener
As of November 2023, the fund had an asset allocation of 66% in equity and 34% in debt securities and money market instrument
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.
The total folio count of small-cap funds surged to 16.9 million by December-end, registering YoY growth of 67% or over three times the 19% increase seen in the broader equity-fund category. Still, the consensus among institutional investors is that the small-cap euphoria may be a bubble waiting to burst.
Mazagon Dock Shipbuilders has been the top gainer, followed by Rail Vikas Nigam