Smallcap Stocks Face Significant Declines Amid Market Volatility
The stock market has witnessed significant declines in smallcap stocks, with the BSE Smallcap index dropping 4.6% over the past week. Key players like Globus Spirits and Antony Waste Handling Cell saw losses of up to 23%. This downturn reflects broader market volatility, prompting investors to reassess their strategies amid economic uncertainties.
Regulatory Raid on Quant Mutual Fund Sparks Investor Concerns
A recent regulatory raid by Sebi on Quant Mutual Fund has raised concerns among investors, impacting fund performance. While some funds like the Quant Small Cap Fund lagged behind their benchmarks, others, such as the Quant ESG Equity Fund, excelled with a return of 9.46%. Despite the challenges, Quant Mutual Fund has seen an increase in assets under management, indicating sustained investor confidence. Stay informed about mutual fund trends and performance metrics to navigate this evolving landscape.