Motilal Oswal Mutual Fund has launched India's first passive micro-cap index fund, the Motilal Oswal Nifty Microcap 250 Index Fund, which focuses on the top 250 firms beyond the NSE 500 companies. HDFC Mutual Fund has filed documents for an actively managed micro-cap fund, called HDFC Emerging India Opportunities Fund. While investments in micro-cap companies come with high risks due to their size and inherent nature, the long-term returns are higher, with the Nifty Microcap 250 Index delivering average five-year returns of 13.4%. There are no open-ended equity mutual funds in India focused on micro-cap stocks.
from mint - money https://ift.tt/NSduzaO
from mint - money https://ift.tt/NSduzaO
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