New circular gives firms flexibility to review funds annually, allows employees voluntary investment freedom.
Small-cap mutual funds have gained popularity among aggressive investors looking for high returns. While these funds carry higher risk, they also offer the potential for outsized gains over the long term. What makes them even more attractive is when they combine top-tier performance with low expense ratios. In the last five years, a few small-cap funds have done just that—delivering over 5x growth while keeping costs impressively low.
The fund house has been hit by the fall in US technology stocks, but that hasn’t dented this CIO’s faith in the space. He’s also bullish on banks and state-run companies where the chances of the government’s exit are high.