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