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Since last Christmas, the benchmark Sensex has gained about 10%, while the smallcap index has climbed by 6%. ETMarket's analysis revealed that around 88 smallcap stocks have become multibaggers during this time. We have highlighted eight of these stocks that have boosted investors' wealth by over 250%. (Data Source: ACE Equity)
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Despite recent blips and underperformance, they are sold on the long-term story. Additionally, our equity markets have delivered very strong performance in recent years, which is attracting NRI investors.
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Mutual fund managers must consult the AMFI classification to balance their portfolio according to the category requirement. Recategorisation need not lead to fresh inflows or outflows. Active equity fund manager do not need to change the stock weights in their respective portfolios to match the AMFI share categories.
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