An analysis of the latest shareholding pattern of the new-age companies shows that domestic fund houses increased their ownership in Nykaa by 336 bps to 8.5% in Q1. The stock of the fashion and lifestyle e-tailer has been among the worst performers in the pack of new-age stocks and is down by about 39% in the last one year.
5 smallcap mutual funds turn Rs 10,000 monthly SIP to over Rs 1 crore in 15 years
Five smallcap mutual funds have turned a monthly SIP of Rs 10,000 into over Rs 1 crore in the last 15 years. Notable performers include