The word small may be used in small cap funds. But mutual fund investors know how big returns small-cap funds have given in the last few years. Small-cap funds of asset management companies have given huge earnings to investors since the year 2020. Even though small-cap mutual funds invest in small companies listed in the stock market, they outperform large-cap funds in terms of giving returns to investors. Now mutual fund investors have an opportunity to invest in another small-cap fund. Mirae Asset Mutual Fund is going to launch its small-cap fund. Investors can invest in Mirae Asset Small Cap Fund from 10 january 2025 i.e. today to 24 january 2025.
NFO will be open from 10-24 January
Mirae Asset Investment Managers india Private Ltd.'s Mirae Asset Small Cap Fund has opened for subscription from today. It is an open-ended equity scheme aimed at providing investors a research-based and disciplined approach by investing in listed small cap stocks that are considered strong. Mirae Asset Small Cap Fund is benchmarked against the Nifty Small Cap 250 Total Return Index (Nifty Small Cap 250 TRI). Mirae Asset Small Cap Fund's NFO (New Fund Offer) will be open for investment from 10 to 24 January. A minimum of Rs 5000 can be invested in this NFO. After that, investments can be made above it in multiples of one rupee. Mirae Asset Small Cap Fund will be open for sale and repurchase from 3 february 2025.
Investment opportunity for high risk takers
Mirae Asset Small Cap Fund is designed for high risk takers who want to create wealth for themselves by investing in the segments showing the highest growth in the economy. These investors include young, dynamic investors who aim to take risk, enhance portfolio returns while exploring high-growth opportunities and Systematic Investment Plans investors who want to manage market volatility through disciplined investing. Mirae Asset Small Cap Fund will invest in quality stocks and at least 65% of the fund will be invested in small cap stocks while 35% of the fund will be allocated to mid cap and large cap stocks.
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