look news india
Mumbai: As per the instructions of capital markets regulator Securities and Exchange Board of India (SEBI) and Association of Mutual Funds in India (AMFI), in how many days should a mutual fund liquidate 50 per cent of its portfolio of small cap funds? By selling them to meet the redemption pressure in case of market decline. As per the instructions given to declare the results of stress test every 15 days, the mutual fund has declared its results today so that provision can be made. In which various mutual funds have announced that it may take 1 to 60 days to liquidate 50 percent of their portfolio of small cap funds and mid cap funds may take one day to 34 days.
Among the top 10 small cap funds among these mutual funds, Canara Robeco and Franklin Mutual Fund have announced that their small cap funds may go bust in a matter of days. While it has been announced that Edelweiss Small Cap Fund will take only three days to liquidate 50 per cent of its portfolio. Canara Robeco Small Cap Fund, the 10th largest scheme in the category with assets under management (AUM) of Rs 9,595 crore, has revealed that it will take 13.5 days to liquidate 50 per cent of its portfolio.
Whereas it may take 6.75 days to liquidate his 25 percent stake. Thus Canara Robeco Mutual Fund has today announced its mutual fund stress test results. Franklin India Mutual Fund has announced that it will take 12 days to liquidate 50 per cent of its small cap fund portfolio and six days to sell 25 per cent of its holdings.
With an AUM of Rs 11,823 crore, Franklin India Smaller Companies Fund is the ninth largest scheme in the category. SBI Small Cap Fund, which has an AUM of Rs 25,534 crore, has revealed in its results that it took a maximum of 60 days for the fund to liquidate 50 per cent of its portfolio.
Time taken by small cap funds to liquidate 50% of the portfolio
|
name of fund scheme |
liquidate time |
|
, |
( Day) |
|
Aditya Birla Small Cap |
5.00 |
|
Axis Small Cap Mu. Fund |
28.00 |
|
Bandhan Small Cap Mutual Fund |
2.61 |
|
Bank of India Small Cap |
2.00 |
|
Baroda BNP Small Cap |
1.00 |
|
Canara Robeco Small Cap |
13.49 |
|
DSP Small Cap Fund |
32.00 |
|
Edelweiss Small Cap Fund |
3.00 |
|
Franklin India Smaller Cap |
12.00 |
|
HDFC Small Cap Fund |
42.00 |
|
HSBC Small Cap Fund |
14.50 |
|
ICICI Ms Chota |
10.00 |
|
Invesco India Small Cap |
4.00 |
|
ITI Small Cap Fund |
1.24 |
|
Kotak Small Cap Ltd. Fund |
33.00 |
|
LIC Mu. fund small cap |
0.45 |
|
Mahindra Manulife Small Cap |
3.03 |
|
Motilal Oswal Small Cap |
3.00 |
|
Nippon India Small Cap |
27.00 |
|
PGIM India Small Cap |
3.00 |
|
Quant Small Cap Mu. Fund |
22.00 |
|
Quantum Small Cap Mu. Fund |
1.00 |
|
SBI Small Cap Fund |
60.00 |
|
Sundaram Small Cap Md. Fund |
5.00 |
|
Tata Small Cap Ltd. Fund |
35.00 |
|
Union Small Cap Mu. Fund |
1.32 |
|
UTI Small Cap Fund |
4.30
|
Mid cap funds take time to liquidate 50% of portfolio
|
name of fund scheme |
liquidate time |
|
, |
( Day) |
|
Aditya Birla Mid Cap Fund |
4.00 |
|
Axis Mid Cap Mu. Fund |
12.00 |
|
Bandhan Mid Cap Mutual Fund |
0.45 |
|
Baroda BNP Mid Cap |
1.00 |
|
Canara Robeco Mid Cape Mu. Fund |
1.60 |
|
DSP Mid Cap Mu. Fund |
17.00 |
|
Edelweiss Mid Cape Mu. Fund |
2.00 |
|
Franklin India Prima Fund |
4.00 |
|
hdfc mid cap opportunity |
23.00 |
|
HSBC Mid Cap Fund |
7.00 |
|
ICICI Ms Central |
2.00 |
|
Invesco India Mid Cap |
2.00 |
|
ITI Mid Cap Fund |
0.18 |
|
JM Mid Cap Mu. Fund |
0.60 |
|
Kotak Emerging Equity Fund |
34.00 |
|
LIC Mu. fund mid cap |
0.09 |
|
Mahindra Manulife Mid Cap |
0.57 |
|
Mirai Asset Mid Cap Fund |
8.00 |
|
Motilal Oswal Mid Cap |
10.00 |
|
Nippon India Growth Fund |
7.00 |
|
PGIM India Mid Cap |
4.00 |
|
Quant Mid Cap Mu. Fund |
6.00 |
|
SBI Magnum Mid Cap Fund |
24.00 |
|
Sundaram Mid Cape Mu. Fund |
4.00 |
|
Tata Mid Cap Growth Ltd. Fund |
3.00 |
|
Taurus Mid Cap Mutual Fund |
0.10 |
|
Union Mid Cape Mu. Fund |
0.32 |
|
UTI Mid Cap Mu. Fund |
4.22 |
|
Whiteoak Capital Mid Cap
|
0.68
|
