Radhika Gupta, MD & CEO, Edelweiss MF, says “we are telling people, do not switch your existing mid and smallcap fund holdings and pay a lot of tax, but at least put incremental money in multi-cap funds. Could a behaviour of this kind happen? Yes. So that could lead to a moderating of flows by … Read more
Home Business Midcap And Small Cap Funds Accounted For 87 Pc Of Flows In FY24 Midcap and Small Cap index outperformed Nifty by 28 percentage points and 34 percentage points respectively in FYTD24. New Delhi: Mid and small cap funds accounted for 59 per cent of assets under management (AUM) and 87 per cent of … Read more
MUMBAI – After consistently outperforming in the last one year, the tide changed for the midcap and smallcap schemes managed by portfolio management services firms, with as many as 41 of them giving negative returns in February. About 20 mid- and small cap PMS funds have given negative returns of more than 2-7% in a … Read more
Looking at the rally in midcaps and smallcap stocks and the gush of retail money, one can only say that both madness and love are in play in this segment of Dalal Street. Year-to-date, the S&P BSE Midcap and Smallcap indices have given over 36% and 40% returns, respectively, whereas the benchmark Sensex has given … Read more
Equity markets rose for the fifth consecutive week driven by strong GDP data and a bullish trend seen in global markets. Return of FIIs, multiple upgrades of India’s economic growth by global firms, added to the overall positivity, analysts said. The IPO market also continued its momentum, which has seen five listings and out of … Read more
Foreign institutional investors increased their bets on several stocks in the midcap and smallcap stocks during the September quarter, and this booster shot gave birth to several superstars in the segment. About 13 stocks in which, the cumulative holding of FIIs topped 10% in the quarter gone by, have given upto a staggering 297% returns, … Read more