Mid & small-caps could see a windfall from MF buying
ET Intelligence Group looked at a few companies that fund managers might prefer as their portfolios are churned.
According to estimates, small-cap companies may see inflows of up to Rs 30,000 crore, while large-cap stocks could see an outflow of Rs 35,000 crore if they implement the Sebi rule. Mid-cap stocks could see inflows of up to Rs 13,000 crore.
Mumbai: The Securities and Exchange Board of India’s order for multi-cap schemes to maintain a minimum 25 per cent each of their portfolio money in large-cap, mid-cap and small-cap companies could result in better inflows into small-cap companies, although it is not clear whether funds running multi-cap schemes would be keen on retaining the category.According to estimates, small-cap companies may see inflows of up to Rs 30,000 crore, while