Small- and mid-cap mutual funds open doors again, but should you invest?5 min read . Updated: 04 Sep 2018, 10:32 AM IST
L&T Emerging Businesses Fund and DSP Small Cap Fund have allowed fresh mutual fund investments, taking advantage of a continued correction in small- and mid-cap stocks this year
The doors are opening up and you may walk if you wish. Small-cap mutual funds are calling you to open your wallets and invest. On Monday, L&T Emerging Businesses Fund, a small-cap mutual fund, started to allow investors to invest lump sum as well as through systematic investment plans (SIPs) with no limits. In December 2017, it had stopped accepting applications (lump sum as well as fresh SIP registrations) in excess of ₹ 2 lakh per transaction per day. Taking advantage of a continued correction in small- and mid-cap stocks, mutual fund houses are increasingly looking to invest in them at current market prices.