Why Sebi is worried about small-cap mutual fund schemes
Given limited buying interest from foreign investors, small-caps represent a relatively illiquid asset class. As such, the exuberance appears both unwarranted and unsustainable, especially in light of an inevitable market correction
Given limited buying interest from foreign investors, small-caps represent a relatively illiquid asset class. As such, the exuberance appears both unwarranted and unsustainable, especially in light of an inevitable market correction