The small-cap magician

SBI Small Cap Fund has not just beaten its category and benchmark over several time frames but has also proved to be good at containing downside. In this interaction with R Srinivasan, Head of Equity, SBI Mutual Fund, we asked him to share his secret sauce for picking small caps that perform but don't crash in a bear market. We also asked him how to avoid wealth-destroyers. R Srinivasan: As a fund house, our stock-selection process is biased towards quality and growth - to the extent possible! As a style, 'quality and growth,' I think, tends to outperform weak markets. Maybe that partly explains why we have done better than the benchmark in the l

This article was originally published on August 27, 2020.