If you are thinking of investing, in which you can get good returns, then now there is a new option for you. Mahindra Manulife Mutual Fund has launched Small Cap Fund for investors, which will provide bumper returns in the long term.
If you are thinking of investing, in which you can get good returns, then now there is a new option for you.
If you are thinking of investing, in which you can get good returns, then now there is a new option for you. Mahindra Manulife Mutual Fund has launched Small Cap Fund for investors, which will provide bumper returns in the long term. Mahindra Manulife Mutual Fund has launched Small Cap Fund, which is an open-ended equity scheme with an objective to invest predominantly in small cap stocks. The company issued a statement saying that in this, a minimum of 65 percent of the asset allocation will be for small cap companies. This scheme has opened on 21st November and will close on 5th December.
Who should invest?
According to the statement issued by the company, Small Cap Fund will be an ideal option for long-term investors, who want to take advantage of this change and should become the main part of the investor’s portfolio. The company said in the statement that considering the past track record in their diversified fund range, they feel that this is the right time to bring this product to the market. This helps their investors to fulfill their long term wealth accumulation aspirations.
Indian Small Caps offer a wide range of companies that have the potential to participate and grow with the Indian economy as India moves from being the 7th largest to the 3rd largest in terms of size.
According to the statement, the current economy will provide opportunities for many small cap companies to grow into mid cap companies in future. Small caps as a segment also offer huge options in sector allocation. In terms of valuations, small caps currently offer a good opportunity for investors looking to build a long-term equity portfolio.
Anthony Heredia, MD & CEO, Mahindra Manulife Mutual Fund said that the Indian economy is well poised to be one of the top economies of the world in the coming decade. It has the potential to become huge over time and will provide great opportunities in the right sectors and businesses along with many small companies using it.
Source: www.tv9hindi.com”