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The Employees' Provident Fund Organisation (EPFO) made its maiden investments in the National Stock Exchange Nifty50 and the S&P BSE Sensex exchange-traded funds (ETFs) offered by Nippon India and ICICI Prudential (IPru) in July. These two fund houses are now in the company of public sector bank-linked players SBI Mutual Fund (MF) and UTI MF, whose products have traditionally been used by the retirement fund body. EPFO's investment corpus was routed through Nippon and IPru nearly three months after they were approved for empanelment with the social security organisation.

ICICI PRU SMALL CAP: Under the new mandate, the fund has a portfolio balanced between quality compounders and normalcy candidates on the path to recovery. While it has struggled in the past year, it has exhibited healthy outperformance over three and five years. Aggressive investors seeking pure-play small cap exposure may consider this fund.

ICICI PRU SMALL CAP: Under the new mandate, the fund has a portfolio balanced between quality compounders and normalcy candidates on the path to recovery. While it has struggled in the past year, it has exhibited healthy outperformance over three and five years. Aggressive investors seeking pure-play small cap exposure may consider this fund.

The fund house is undertaking a review of the schemes that got added to its portfolio following the IDBI MF merger.

The IT sector funds have returned a paltry 5.06% in the last year. But that hasn’t stopped fund houses from being bullish on tech-sector funds. Most of such schemes invest primarily in IT companies listed in India. Should you invest when the sector has fallen so much?