5 small-cap funds that have turned cautious in this current market

Published 28th June 2024

A case of being safe than sorry?

Small-caps have had a dream run over the last year or so. But has it run too far ahead? Maybe so, which is why we identify 5 funds that have trimmed down their small-cap allocations the most.

ICICI Prudential Small Cap

This four-star rated fund has reduced its small-cap allocation from 80.7% in May 2023 to 68.1% in May 2024.

Mahindra Manulife Small Cap

This unrated fund has reduced its small-cap allocation from 79.8% in May 2023 to 73.5% in May 2024.

Invesco India Small Cap

This three-star rated fund has reduced its small-cap allocation from 74.6% in May 2023 to 69.8% in May 2024.

HDFC Small Cap

This two-star rated fund has reduced its small-cap allocation from 81.6% in May 2023 to 77.8% in May 2024.

ITI Small Cap

This two-star rated fund has reduced its small-cap allocation from 65.1% in May 2023 to 64.4% in May 2024.

Important note

Ratings for direct plans as of May 31, 2024.

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