Given the sharp correction in broad equity markets and even sharper correction in the small cap space, a few fund houses such as SBI MF, DSP MF and Nippon India MF have removed the maximum investment limit in their small cap funds.

Usually, fund houses cap the maximum limit in any scheme or stop fresh inflows altogether when they feel that there are not enough attractive opportunities.

SBI MF said that the decision was taken following the current market conditions. In a press release, Nippon India MF said that given the current valuation and anticipated growth rebound, the fund house expects small caps to outperform over the next 3 years.

अभिप्राय द्या!