Yes and no. SBI Small Cap Fund, one of the mutual fund industry’s most consistent small-cap funds, belongs to the country’s largest fund house, SBI Mutual Fund. But it’s giant size can be daunting for fund managers. And SBI MF appears to be prepared for more inflows.
As the CIO of HDFC Mutual Fund for 19 years, Prashant Jain spearheaded the management of assets worth more than ₹4 trillion as of 30 June across equity, debt and other schemes
After the payout, the total disbursement will reach Rs 26,098.2 crore, amounting to 103.5 per cent of assets under management (AUM) when the fund house announced to shut the schemes.
After the payout, the total disbursement will reach Rs 23,999 crore, amounting to 95.18 per cent of assets under management (AUM) as on April 23, 2020, when the fund house announced to shut the schemes, a Franklin Templeton MF spokesperson said
SBI Balanced Advantage Fund, launched on August 11, seeks to generate long-term appreciation by aiming to capture the potential upside and limit the downside in volatile equity markets