MF Stress Test Results: HDFC, Kotak, SBI AMCs Report Key Risk Levels For SMID Funds
Get live updates on all stress test results by Mutual Funds house here.
KEY HIGHLIGHTS
Stress Test Result Of Top Five Funds
Mirae Asset Mutual Fund: Liquidity Test Results
Mirae Asset Mutual Fund has disclosed that it would take eight days to liquidate 50% of the portfolio in its mid-cap fund and four days to liquidate 25%.
Mirae Asset MF has an AUM of Rs 14,543.1 crore in its mid-cap fund, while fund house disclosed the stress test results for its small- and mid-cap funds, following a directive by the Association of Mutual Funds in India.
Stress Test Results: Check Here For Detailed Stories
Franklin India Mutual Fund: Liquidity Test Results
It will take less than four days for Franklin India Mutual Fund to liquidate 50% of its portfolio in its mid-cap fund, and less than two to exit 25%.
Further, the mutual fund disclosed that it would take 12 days and less than six days, respectively, to liquidate 50% and 25% of its small-cap fund portfolio.
The mutual fund has an AUM of Rs 10,179 crore and Rs 11,825 crore in its 'Franklin India Prima Fund' and 'Franklin India Smaller Companies Fund', respectively.
Tata Mutual Fund: Liquidity Test Results
Tata Mutual Fund has disclosed that it will take three days to liquidate 50% of its portfolio in the mid-cap fund and two days to exit 25%.
Similarly, in the small-cap fund, it will take 35 days to sell 50% of its assets, and 18 days to liquidate 25%, according to its stress test results.
Tata MF has an AUM of Rs 3,293 crore, and Rs 6,289 crore in its mid-cap and small-cap fund respectively.
The fund house disclosed the stress test results for its small- and mid-cap funds, following a directive by the Association of Mutual Funds in India.
HDFC Mutual Fund: Liquidity Test Results
HDFC Mutual Fund has disclosed that it would take 42 days to liquidate 50% of the portfolio in its small-cap fund and 21 days to liquidate 25%.
In its mid-cap fund, the mutual fund house said that it would take 23 days to liquidate 50% of its portfolio and 12 days to liquidate 25%.
HDFC Mid-Cap Opportunities Fund and SBI Small-Cap Fund have an asset under management of Rs 60,187 crore and 28,599 crore of assets under management, respectively.
The top 10 investors collectively own 1.41% of the midcap scheme and 3.01% of the smallcap scheme.
