Small-Cap Mutual Funds Take a Hit as Markets Decline, Fund Values Fall up to 4%
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Small-cap mutual funds took a hit as broader markets declined on Tuesday.
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Net asset values of small-cap funds fell up to 3.95%, mirroring declines in benchmarks.
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BSE Smallcap 250 market cap fell Rs 1.2 lakh crore on Tuesday.
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NSE Smallcap 250 market cap fell Rs 1.35 lakh crore.
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Quant Small Cap Fund fell most at 3.95%, more than its benchmark's 3.88% fall.
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