The scheme is named Mirae Asset Small Cap Fund, designed as an open-ended equity scheme focused on small-cap investments.
This is a Small Cap Fund under equity mutual funds, specifically targeting smaller market capitalized companies for higher growth potential.
The primary goal is to generate capital appreciation by investing predominantly in small-cap stocks. The fund manager may occasionally add other equity-related securities to diversify and optimize the portfolio, though achieving this goal isn’t guaranteed.
The fund will generally allocate between:
The allocation ensures a focus on small-cap growth while allowing for flexibility in portfolio construction.
Mirae Asset Small Cap Fund uses the Nifty Small Cap 250 Total Return Index as its benchmark, which reflects the performance of the small-cap market segment.
The fund is managed by Mr. Varun Goel and Mr. Siddharth Srivastava (for overseas investments), both experienced in fund management with a focus on equity and global assets, respectively.
Investing in small-cap stocks inherently carries higher risk and volatility than large-cap stocks. Additional risks include market liquidity, credit risk, and price fluctuations. Derivatives and repo transactions may be used for hedging, with inherent risks managed through prudent allocation and monitoring practices.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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