Mahindra Manulife Mutual Fund launches small cap fund

Mahindra Manulife Mutual Fund has launched the Mahindra Manulife Small Cap Fund, an open-ended equity scheme predominantly investing in small cap stocks. The scheme will invest a minimum of 65% of net assets in equity and equity related instruments of small cap companies. It may take exposure in equity derivative instruments to the extent of 50% of the equity permitted component. The fund will be managed by Abhinav Khandelwal and Manish Lodha.

According to the fund house, the scheme is suitable for investors seeking long term capital appreciation and Investment predominantly in equity and equity related securities of small cap companies. Small cap mutual funds have potential to create wealth and generate alpha over the long term, as they provide exposure to companies which are potential market leaders in the industries they operate in and are likely to become future midcaps as they scale up.

Popular from web