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Why Small-Cap Exposure is Rising in Multi-Cap Funds

Small-Cap Growth in Multi-Cap Funds

The Small-Cap Surge in Multi-Cap Strategies

Multi-cap funds are experiencing a significant shift, with fund managers increasingly tilting their portfolios toward small-cap stocks. What was once considered a balanced approach is now becoming more aggressive as managers chase higher growth potential in India's dynamic market.

40%

Average Small-Cap

35%

Higher Returns

While SEBI mandates only 25% minimum allocation to small-caps in multi-cap funds, many fund managers are voluntarily increasing this exposure to 40-60%, betting on the growth potential of smaller companies in India's expanding economy.

Current Small-Cap Exposure Trends in Major Funds

The shift toward higher small-cap allocation is evident across several leading multi-cap funds. Here's what the data shows:

60%

DSP Multi Cap

Most aggressive
54.4%

SBI Multi Cap

Balanced aggressive
52.7%

WhiteOak Capital

Strategic tilt
45%

Category Average

Up from 35%

This trend shows that fund managers are willing to take higher risks for potentially higher returns, especially in a growing economy like India's.

Strategic Approach for Investors

For Different Investor Profiles:

Aggressive

Age: 25-40

Allocation: 40-60% small-cap

Horizon: 7+ years

Moderate

Age: 40-55

Allocation: 30-40% small-cap

Horizon: 5+ years

Conservative

Age: 55+

Allocation: 25-30% small-cap

Horizon: 3+ years

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