Small-Cap Mutual Funds Take a Hit as Markets Decline, Fund Values Fall up to 4%

Small-cap mutual funds took a hit as broader markets declined on Tuesday.
Net asset values of small-cap funds fell up to 3.95%, mirroring declines in benchmarks.
BSE Smallcap 250 market cap fell Rs 1.2 lakh crore on Tuesday.
NSE Smallcap 250 market cap fell Rs 1.35 lakh crore.
Quant Small Cap Fund fell most at 3.95%, more than its benchmark's 3.88% fall.

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Posted 9/13/2023, 9:28:23 AM