SBI Mutual Fund, India’s largest fund house with assets under management (AUM) exceeding ₹8.50 lakh crore as of December 2023, on Friday (March 15) unveiled the outcomes of stress tests conducted on their mid-cap and small-cap funds.
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With a size of ₹25,533.78 crore, SBI Small Cap Fund (SSCF) scheme revealed that it would require up to 60 days to liquidate 50% of its portfolio.
Additionally, it would take 30 days to liquidate 25% of its portfolio.
On the other hand, the SBI Mid Cap Fund (SMCF), standing at ₹16,467.43 crore, reported that it would need 24 days to liquidate 50% of its portfolio.
Both SSCF and SMCF maintain a relatively small exposure to large-cap stocks, with SSCF at 6% and SMCF at under 8%.
A comparison of smallcap stress test outcomes of key AMCs
A comparison of midcap stress test outcomes of key AMCs
Comparatively, Nippon India Mutual Fund’s stress tests revealed notable figures as well.
For instance, the Nippon India Small Cap Fund, the largest scheme in the small-cap category by assets managed, requires 27 days to liquidate 50% of its portfolio and 13 days for 25%.
Similarly, the Nippon India Growth Fund would need seven and four days to liquidate 50% and 25% of its portfolio, respectively.
ALSO READ | Mutual fund houses release small-, mid-cap stress-test reports: Should you invest basis this?
First Published: Mar 15, 2024 4:31 PM IST
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