SBI Focused Equity Fund has followed a concentrated investment approach holding up to 30 stocks. It has delivered notable returns over the long term
Multicap funds were re-classified as flexicap funds after the SEBI circular in September 2020.
“I don’t believe people can make easy money from the market on a sustainable basis. Investors have to be cautious and calculative. Smallcap is a wide space, and identifying companies and staying invested require a lot of due diligence on a regular basis,” Shah tells Moneycontrol’s Kshitij Anand in an interview.
Small & midcaps captured the limelight after two straight years of underperformance, and if we look at the PMS schemes which outperformed the index are mostly from the broader market space.
As many as 96 stocks in the S&P BSE Smallcap index which rallied 10-40 percent in the last five trading sessions