ICICI Pru MF: ICICI Pru MF also stops lump sum flows into mid & small-cap schemes

Mumbai: ICICI Prudential Mutual Fund will not accept lump sum money in its mid- and small-cap schemes from March 14, deploying flow curbs a day after Sebi chairperson Madhabi Puri Buch underscored the dangers of potential “froth” or “bubbles” in pockets of the market traditionally favoured by retail investors. Earlier, Nippon, Tata and SBI MFs … Read more

Seven out of top 10 Asian small-cap funds are Indian

Indian funds have grabbed seven out of the top 10 spots in the league table of leading small-cap funds across Asia, thanks to some canny stock-picking amid growing investor appetite for cheap stocks with potential to deliver multi-bagger returns. An analysis of nearly 300 Asian small-cap schemes shows DSP BlackRock Micro Cap Fund leading the … Read more