DSP and SBI Small Cap Funds remove investment restrictions

DSP Small Cap and SBI Small Cap funds have decided to start accepting lumpsum investments. SBI Small Cap, which resumed lumpsum investments on 30 March 2020 , will accept them till the receipt of net inflows touches Rs.1,000 crore. It had stopped fresh investments in October 2015 , but subsequently allowed investments through the STP/SIP route in May 2018 up to a maximum of Rs.25,000 per installment per PAN. DSP Small Cap, on the other hand, will open for fresh purchases from 1 April 2020 , but it has not specified any cap on incremental inflows. It had temporarily suspended all inflows in February 2017 , but started accepting investme