Small-cap funds have returned big. But should one be investing in them at current levels?

In April 2020, Samir Rachh took a call on small-cap stocks. In an interview on YouTube, he told investors that since 2005, the BSE Small-Cap Index has seen three major corrections, and anybody who entered during these bear markets has made a lot of money. Rachh is a fund manager with Nippon India AMC and manages the Nippon India Small Cap Fund, the largest in the category. He urged investors to invest in his fund last year. Today, they all have

( Originally published on May 28, 2021 )

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