ICICI Direct: Mutual Funds Rejig Small Cap Plays - Factsheet

SEBI’s new multi-cap fund rules can bring fresh investments of Rs 25,000 crore and Rs 10,000 crore into small-caps and midcaps.

A one-time Rubik’s Cube world champion is pictured solving the puzzle. (Photograph: Mark H. Milstein/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

Securities Exchange Board of India’s announcement of the new norms mandating multi-cap funds to invest at least 25% each in small-caps and midcaps is expected to bring fresh buying worth Rs 25000 crore and Rs 10000 crore in small-caps and midcaps, respectively.

Taking cognizance from this, our portfolio consists of small-cap companies with robust business model and earnings visibility making them attractive buys for funds.

The ICICI Direct Research team handpicks the stocks/exchange-traded funds (ETF’s) after undergoing extensive fundamental check across sectors and companies through various qualitative and quantitative measures.

The process includes a 360 degree check across the fundamentals of the company.

This also involves meeting the management of the companies, meeting competitors, plant visits, doing channel check for continuous monitoring and asses the future performance of the company

Click on the attachment to read the full report:

ICICI Direct-MFs rejig smallcap plays.pdf
Read Document

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

lock-gif
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Still Not convinced ?  Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES