Top Mutual Funds: These small-cap funds gave up to 42% returns in just one year
(Note: Data is sourced from Value Research) Small-cap funds are associated with higher risk, and their performance is impacted by market fluctuations. Market experts say that in the long term, small-cap mutual fund is capable of giving the maximum returns.
“These funds make investments in lesser-known, smaller businesses with promising growth prospects. As these businesses increase their position in the market, this offers investors the possibility to profit from quick gain," Hemant Sood, Founder of Findoc said.
The Securities and Exchange Board of India (Sebi) announced a centralised mechanism to report the demise of an investor. This would be undertaken through the KYC Registration Agency.
The new framework will come into effect from 1 January 2024, the capital markets regulator said in a circular on Tuesday. Sebi asked stock exchanges, depositories, industry associations, and the Registrars Association of India (RAIN) to put in place common standard operating procedures (SOPs) in order to have uniformity for operationalising the mechanism.
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