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Is the huge AUM of some small-cap funds a concern?

Dhirendra Kumar says why one should be wary of such small-cap funds

Answer transcript: Yes, they have a winners curse. They get constrained from functioning the way they used to. If a fund does well, it gets more money but as it gets more money it becomes difficult to manage. Be wary of such small cap funds.

This article was originally published on June 28, 2017.

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