assets under management

Small-cap funds face a higher liquidity risk, show latest stress test

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Small-cap funds face a higher liquidity risk, show latest stress test

This crucial metric for stress tests, as mandated by the Securities and Exchange Board of India, indicates higher liquidity risks in the small-cap segment even as investors flock to these stocks, lured by their promise of high returns. According to some experts, a high liquidity risk could also point to the low quality of a fund’s … Read more

PMS vs mutual funds: How have portfolio managers fared on returns?

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PMS vs mutual funds: How have portfolio managers fared on returns?

Portfolio management schemes (PMS) are intended to outperform the market and the investment vehicle for the public at large—mutual funds. But in the past five years, PMS have, as a set, trailed mutual funds in beating market benchmarks. PMS are offered by registered investment firms and mutual funds, with a minimum investment limit of ₹50 … Read more