Small Cap stocks outperform benchmark indices sensex and nifty
DSIJ Intelligence / 12 Jun 2017
The week gone by saw Small cap stocks outperformed the benchmark indices like Sensex and Nifty in the week gone by. The BSE Sensex was down by 0.04 per cent in previous week whereas BSE Smallcap Index was up by an impressive 1.55 per cent.
The week gone by saw Small cap stocks outperformed the benchmark indices like Sensex and Nifty in the week gone by. The BSE Sensex was down by 0.04 per cent in previous week whereas BSE Smallcap Index was up by an impressive 1.55 per cent.
The Sundaram Select Micro Cap-Series XII- Reg (G) was the best performing mutual fund scheme in the past week.
The fund investing primarily in small cap stocks has delivered 3.07 per cent in one week, thus outperforming the large cap indices and even the BSE Small cap Index.
Over a one month period, the fund has delivered 3.40 per cent while over three months it delivered 12.92 percent. BSE Small cap index over delivered 0.03 per cent in one month while the benchmark index tracking the performance of small cap stocks delivered over 14 per cent returns in three months.
Some of the top holdings of the Sundaram Select Micro Cap-Series XII- Reg (G) are India Cement, Himatsingka Seide Ltd, Healthcare Global Enterprise Ltd, Repco Homes Finance Ltd, Astra Microwave Products Ltd, Ashoka Buildcon, Mahindra Holidays & Resorts India, Praj Industries, Navneet Education, and Minda Industries.