Last updated: 08-Jul-2024•News Desk
Principal Mutual Fund has revised the definition of small cap stocks for Principal Emerging Bluechip Fund. Now, the small cap stocks will be identified as bottom five stocks of CNX Midcap Index in respect of market capitalization on the last trading day of the preceding calendar quarter. Then, the average market cap for the last five trading days will be computed. Therefore, the market cap of a small cap stock should be less than the average market cap computed above.
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