The ESM framework, originally meant for small and microcap surveillance, was extended last year to include mainboard companies below Rs 1,000 crore in market cap.
79 listed PSU companies have disclosed their shareholding data so far for Q4, with foreign institutional investors (FIIs) increasing their stakes in 52 percent of the companies.
Motilal Oswal AMC’s Nifty Microcap 250 index fund enables investors to take an exposure to a targeted risk asset category, said Mahavir Kaswa, Head of Research, Passive Funds
Small and microcap indices fell much less than their mid and large-cap counterparts
Many of these stocks are microcaps and fund managers managed to identify them early