Systematic investment plans (SIP) in mutual funds are used to channelise regular investments in mutual funds. A Moneycontrol study shows that equity schemes from MC30 have largely delivered better returns than the category and the benchmark returns over five-year periods.
Nippon India Life Asset Management has announced that it will not accept lump sum investments into Nippon India Small Cap Fund (NISC) from July 7. The restriction will also apply to switch in transactions. NISC is the largest small cap fund in the mutual fund industry with assets under management of Rs 31,945 crore.
Nippon India Small Cap fund, one of the top performing smallcap funds, has compensated risk with handsome returns over the long term. It is suitable only if you have the stomach for high risk and a time horizon of 10 years and more