Small-cap mutual fund assets rise 83% to Rs 2.43L cr in FY24

Posted on:
Key Points

Influx of flows, upsurge in retail investors participation and bullish market conditions have boosted the assets for the small-cap mutual fund category to Rs 2.43 lakh crore mark at the end of March 2024, marking an 83 per cent surge compared to the previous year...

The surge in assets was complemented by an increase in the number of investors, with the number of folios reaching 1.9 crore in March 2024 from 1.09 crore a year ago, adding an investor base of 81 lakh..

This shows investors inclination for small-cap funds...

Gopal Kavalireddi, Vice President, Research at FYERS, said the growth trajectory of Indias economy is attracting increased interest, leading many unlisted small-cap firms to seek support from the capital market..

However, factors such as General Elections, monsoon forecasts, economic activity, inflation, GDP projections, and FY25 earnings growth are likely to influence small-cap company valuations and induce volatility in this segment, he added..

You might be interested in

An $80 billion crash in India’s small caps flashes warning signs

14, Mar, 24

India Business News: The S&P BSE Small Cap Index has experienced a significant drop, declining over 12% from its peak earlier this year. Despite this downturn, many invest

Half-a-trillion dollar investor wealth gone since September peak

13, Nov, 24

India Business News: Indian investors have lost over half a trillion dollars due to a market crash fueled by foreign fund outflows and concerns about US policies. Despite

Sebi moves to curb inflows into small- and mid-cap funds

29, Feb, 24

This follows concerns over surging inflows into Indian small- and mid-cap mutual funds and potential impact on the financial system if investors suddenly pull out their money

Mid & small cap mutual funds: Regulators took these 4 steps to protect investors from high valuations

02, Mar, 24

SEBI and AMFI are taking steps to safeguard the interest of retail investors in mid and small-cap funds. These include asking AMCs to frame a policy to protect investor interests, disclosing risk parameters, moderating inflows, conducting stress tests, etc.

Investors may need to take foot off the small-cap segment in 2024

27, Dec, 23

The unlocking of investment mindset and the financialization of savings have begun. India has significant potential for growth and the addition of new income tax payers is a positive sign.

Small-caps sneeze, markets catch a cold

29, Feb, 24

Small-cap and midcap counters faced the brunt of the sell-off, on reports that a concerned market regulator had called for stress tests of mutual funds' small cap schemes

Key triggers that may dictate stock market rally in near term, explains Sunil Subramaniam

08, Jul, 23

Indian equity market at record level but valuations still at long term mean; attractive for FIIs due to pro-business government policies and growth potential. SIPs and mutual fund schemes help navigate uncertainty, says Sunil Subramaniam of Sundaram Mutual.

Sebi chief flags bubble in midcap, smallcap space

12, Mar, 24

Madhabi Puri Buch, Sebi chairperson, expresses concerns over stretched valuations of small- and mid-cap stocks favored by retail investors. AMFI directs mutual funds to provide additional disclosures. Sebi plans to bring in more disclosures on risk factors and allow T+ 0 trade settlement.

Small-cap vs large-cap mutual funds: Unpacking the potential for high returns in India

17, Dec, 23

The Indian equity market presents investors with a choice between small-cap and large-cap stocks, each offering unique potential for returns.

15 multibagger small-cap stocks tumbled between 15% and 30% from 52-week highs; check full list

07, Mar, 24

15 stocks have seen declines of up to 30% from their one-year highs. It's worth noting that all these stocks have recorded multibagger returns over the past year, and even with the recent adjustments, they still show gains ranging between 100% and 300%.