 "Tata Mutual Fund suspends fresh inflows into Tata small-cap fund")
Tata Mutual Fund has decided to suspend fresh inflows into Tata Small Cap Fund. The move -- applicable for only lump sum and switch-in applications -- will come into effect from July 1 and will stay effective until further notice, the asset management company said.
The fund house said that existing systematic investment plans (SIPs) and requests for new ones will continue.
In May, the small-cap category saw highest-ever inflows of Rs 3,280 crore. Industry players said that valuations of small-cap stocks have increased and there are concerns that if inflows continue at this pace, there could be a challenge in deployment of these funds.
Earlier, SBI Mutual Fund had suspended lump-sum investments in its small-cap fund and capped SIP investment at Rs 25,000.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%